Chevron Left
Zurück zu Economics of Money and Banking

Bewertung und Feedback des Lernenden für Economics of Money and Banking von Columbia University

4.9
Sterne
1,419 Bewertungen

Über den Kurs

The last three or four decades have seen a remarkable evolution in the institutions that comprise the modern monetary system. The financial crisis of 2007-2009 is a wakeup call that we need a similar evolution in the analytical apparatus and theories that we use to understand that system. Produced and sponsored by the Institute for New Economic Thinking, this course is an attempt to begin the process of new economic thinking by reviving and updating some forgotten traditions in monetary thought that have become newly relevant. Three features of the new system are central. Most important, the intertwining of previously separate capital markets and money markets has produced a system with new dynamics as well as new vulnerabilities. The financial crisis revealed those vulnerabilities for all to see. The result was two years of desperate innovation by central banking authorities as they tried first this, and then that, in an effort to stem the collapse. Second, the global character of the crisis has revealed the global character of the system, which is something new in postwar history but not at all new from a longer time perspective. Central bank cooperation was key to stemming the collapse, and the details of that cooperation hint at the outlines of an emerging new international monetary order. Third, absolutely central to the crisis was the operation of key derivative contracts, most importantly credit default swaps and foreign exchange swaps. Modern money cannot be understood separately from modern finance, nor can modern monetary theory be constructed separately from modern financial theory. That's the reason this course places dealers, in both capital markets and money markets, at the very center of the picture, as profit-seeking suppliers of market liquidity to the new system of market-based credit....

Top-Bewertungen

BG

16. Juli 2017

An intellectually engaging course opening a debate about how we think about markets and how we should tackle the current challenges. Accessible to non-economists. I warmly recommend it to everyone.

PM

26. Juni 2020

Extremely helpful is understanding the money view of banking system. One of the best courses. A small suggestion - it can be interspersed with more examples especially from the emerging markets.

Filtern nach:

351 - 375 von 375 Bewertungen für Economics of Money and Banking

von Biagio B

16. Juli 2017

von Jun X

9. Mai 2020

von Поморина М А

28. Okt. 2019

von Maximilian S

27. Mai 2020

von SAFA P A

6. Dez. 2021

von Ryan K

27. Apr. 2018

von Julian H F

24. Feb. 2017

von umwoosung

9. Jan. 2017

von Daniel M D

30. März 2021

von soto h

30. Juni 2020

von Arti K

28. Juni 2017

von Deleted A

23. Apr. 2020

von Yifei H

6. Juli 2020

von Oludamilare A

22. Nov. 2018

von ABDULLAHI H A

17. Nov. 2021

von Miguel P

28. Mai 2018

von Richard K

26. Okt. 2017

von Atul J G

4. Dez. 2016

von JR C

18. Jan. 2017

von Louis L

2. Juli 2018

von Elaine C

28. Dez. 2021

von Shavar W

25. Juli 2022

von VIALA C

10. März 2017

von Suraj P

10. Juli 2020

von Shubham K

5. Juni 2020