Understanding economic policymaking

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8/10 stars
based on  3 reviews
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Cost FREE
Start Date TBA

Course Details

Cost

FREE

Upcoming Schedule

  • TBA

Course Provider

Coursera online courses
Coursera's online classes are designed to help students achieve mastery over course material. Some of the best professors in the world - like neurobiology professor and author Peggy Mason from the University of Chicago, and computer science professor and Folding@Home director Vijay Pande - will supplement your knowledge through video lectures. They will also provide challenging assessments, interactive exercises during each lesson, and the opportunity to use a mobile app to keep up with yo...
Coursera's online classes are designed to help students achieve mastery over course material. Some of the best professors in the world - like neurobiology professor and author Peggy Mason from the University of Chicago, and computer science professor and Folding@Home director Vijay Pande - will supplement your knowledge through video lectures. They will also provide challenging assessments, interactive exercises during each lesson, and the opportunity to use a mobile app to keep up with your coursework. Coursera also partners with the US State Department to create “learning hubs” around the world. Students can get internet access, take courses, and participate in weekly in-person study groups to make learning even more collaborative. Begin your journey into the mysteries of the human brain by taking courses in neuroscience. Learn how to navigate the data infrastructures that multinational corporations use when you discover the world of data analysis. Follow one of Coursera’s “Skill Tracks”. Or try any one of its more than 560 available courses to help you achieve your academic and professional goals.

Provider Subject Specialization
Humanities
Sciences & Technology
4715 reviews

Course Description

Developed countries are immersed in the worst crisis since World War II. How are governments responding? Could they do more? These are the questions that will be tackled in this course. The course begins with a review of some basic macroeconomic concepts to lay the foundation for the policy framework. It then analyzes how fiscal policy works and what the effects of today´s outsized deficits and debts could be on national economies. Next it moves to monetary policy and explores its drawbacks and the recourse to unconventional approaches, such as quantitative easing. Finally, the course looks at the other policies open to governments to address a crisis, and the debate over how they have been used today. Students will finish the course by trying their own hands at economic policymaking for an unidentified country, with an online simulator exercise.
Reviews 8/10 stars
3 Reviews for Understanding economic policymaking

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Ricardo Teixeira profile image
Ricardo Teixeira profile image
7/10 starsCompleted
  • 86 reviews
  • 77 completed
5 years, 3 months ago
This is a nice introduction to macroeconomics. If you don't have any notions whatsoever in this area, you'll gain immensely from following the course, since nowadays it's almost basic literacy with all the talk of austerity and deficits in the media. But if you know some macroeconomics, the whole 6 weeks will seem pitifully basic. The quizzes are amazingly simple. The peer-reviewed exercise that is part of the evaluation for the course also seems like an incredibly straightforward case study (analysis and proposal of economic solutions for a fictitious country), although it's very lengthy - but then the rubric for evaluation is so incredibly detailed that you would need either nice reviewers or a lot more time (and higher word limits) to mention everything that is asked of your answers. Overall this course suffers from the same problem of most MOOCs - it tries to assume no prior knowledge in the field, and so it becomes pretty stale ... This is a nice introduction to macroeconomics. If you don't have any notions whatsoever in this area, you'll gain immensely from following the course, since nowadays it's almost basic literacy with all the talk of austerity and deficits in the media. But if you know some macroeconomics, the whole 6 weeks will seem pitifully basic. The quizzes are amazingly simple. The peer-reviewed exercise that is part of the evaluation for the course also seems like an incredibly straightforward case study (analysis and proposal of economic solutions for a fictitious country), although it's very lengthy - but then the rubric for evaluation is so incredibly detailed that you would need either nice reviewers or a lot more time (and higher word limits) to mention everything that is asked of your answers. Overall this course suffers from the same problem of most MOOCs - it tries to assume no prior knowledge in the field, and so it becomes pretty stale for someone even with just some basic background knowledge in the area. This is not to say that it's a bad course. It is competently put together and the lecturer is a really good teacher - so if your a novice in macroeconomics you should definitely try it out.
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leonard mangini profile image
leonard mangini profile image
8/10 starsCompleted
  • 39 reviews
  • 37 completed
5 years, 3 months ago
Very well explained introduction to subject. Friendly, engaging professor with high quality production values. Definitely an entry undergraduate treatment not an MBA course. Exams were ridiculously trivial. Peer Project with case study was modest and wrapped together all the course material nicely. The students are rather naive and inexperienced so did poor peer grading. This was more of a refresher on my Macro course in my Masters program from 10 years ago as a prep to more serious courses I plan to take from Columbia on Money and Banking and the IMF on EdX on Debt and Sustainability
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i S. profile image
i S. profile image
10/10 starsCompleted
  • 14 reviews
  • 11 completed
5 years, 3 months ago
For beginners in the study of economy, this is an exceptional course. I liked it a lot, and I learned a lot if I consider that my previous knowledge of economics was mostly by reading newspaper articles. I never had a single class on econ or finance in my schooling. Prof. Allard is exceptional! She truly HAS a teaching talent! The whole course was easy to follow - well filmed lecture segments and appropriate reading material. Explanations were so clear that I was amazed. If you endure the whole six weeks of the course, all the basics of economic policymaking will be crystal clear to you.
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