Bill Mitchell’s MMTed invites you to enrol for the edX MOOC – Modern Monetary Theory: Economics for the 21st Century. It’s free and the 4-week course starts on February 9, 2022. Learn about MMT properly with lots of videos, discussion, and more.
- 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.
What you’ll learn
- 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.
For more information and to enrol, see https://www.edx.org/course/modern-monetary-theory-economics-for-the-21st-century