Brief Introduction
Demystify macroeconomic principles and terminology and discover how Modern Monetary Theory (MMT) provides explanations for some of the world's most troubling financial concerns.
Description
- Thinking in a macroeconomic way. What should macroeconomic theory be able to explain? Measurement frameworks.
- What is Modern Monetary Theory and what are its implications? Why is it the future of macroeconomics?
- The role of fiscal policy. The path to full employment and price stability. Case studies in unemployment and hyperinflation.
- Monetary policy design and the role of central banks. How does the banking system operate?
- Exchange rate systems and international trade. Global financial markets and the State - who is in charge?
- Policy setting in crises: the challenges of climate change and the pandemic.
Knowledge
- An entry level understanding of the way modern monetary systems operate.
- An enhanced understanding of the fiscal and monetary policy options available to governments.
- An awareness of why the standard economic statements in the media about government deficits and debt distort our understanding of the actual constraints that government spending faces.
- Ways to assess government policy options, for example, in dealing with the pandemic.
- An appreciation of the issues involved in balancing demands for growth and environmental constraints.
Modern Monetary Theory: Economics for the 21st Century
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Demistify macroeconomic principles and terminology and discover how Modern Monetary Theory (MMT) provides explanations for some of the world's most troubling financial concerns....
Modern Monetary Theory: Economics for the 21st Century
- 0.0
-
![]()
![]()
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![]()
![]()
Demystify macroeconomic principles and terminology and discover how Modern Monetary Theory (MMT) provides explanations for some of the world's most troubling financial concerns....
