About this Course

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.

Created by: The University of Newcastle, Australia

Level: Introductory