What you will learn in Economics of Money and Banking Course
-
Modern Monetary System: Understand the evolution and structure of the contemporary monetary system, including the roles of banks, central banks, and shadow banks.
-
Money Hierarchy: Explore the natural hierarchy of money, distinguishing between different forms of money and their functions in the economy.
-
Banking as a Clearing System: Learn how banks operate as a clearing system, facilitating payments and maintaining liquidity in the financial system.
-
Market Liquidity and Dealers: Examine how dealers provide market liquidity by absorbing temporary imbalances in supply and demand.
-
Financial Crises and Innovations: Analyze the causes and consequences of financial crises, and the innovations in monetary policy that have emerged in response.
Program Overview
Introduction to the Monetary System
⏳ 32 hours (3 weeks at 10 hours per week)
-
Understand the foundations of modern monetary theory and the financial system.
Money and Its Functions
⏳ 32 hours (3 weeks at 10 hours per week)
-
Study the different forms of money, including currency, bank deposits, and digital money, and their respective roles in the economy.
Banking as a Clearing System
⏳ 32 hours (3 weeks at 10 hours per week)
-
Learn how banks operate as intermediaries between borrowers and lenders, and their role in the broader financial system.
Financial Markets and Liquidity
⏳ 32 hours (3 weeks at 10 hours per week)
-
Examine how financial markets work, the concept of liquidity, and the role of dealers in providing market stability.
Financial Crises and Policy Innovations
⏳ 32 hours (3 weeks at 10 hours per week)
-
Analyze the causes of financial crises, how they affect the global economy, and the policy innovations designed to address them.
Policy Proposal
⏳ 32 hours (3 weeks at 10 hours per week)
-
Develop a proposal addressing a current issue in the money and banking system, using the knowledge gained from the course.
Get certificate
Job Outlook
-
Proficiency in Money and Banking is valuable for roles such as:
-
Financial Analyst
-
Investment Banker
-
Economic Consultant
-
Central Bank Economist
-
-
Skills acquired in this course are applicable across various sectors, including:
-
Government agencies
-
Central Banks
-
International financial institutions
-
Private financial institutions
-
-
Completing this course provides foundational knowledge for those pursuing careers in finance, banking, and monetary policy.
