Who is this class for: This course was designed originally for upper level undergraduate economics majors at Barnard and Columbia, in New York City. (The lectures were filmed live in the class I teach there.) But I have found that the course works for a much broader group as well: people who work in banks or finance but have no background in economics or finance (IT folk, lawyers), graduate students in economics and also other social sciences (history, international political economy, anthropology), and adult learners who sense the importance of the subject and want to find out how to think more deeply about it. Because I teach in New York, which is the center of world dollar money markets, the course is focused on those markets, but I have found that it works well even for learners from around the globe, in Europe and Japan, but also in China and India, and everywhere else. The basic concepts and tools that we need to understand dollar money markets work just as well for understanding others, and dollar money markets are at the center of the larger global financial system.


Created by:  Columbia University

Commitment13 weeks of study, 5 hours/week
Language
English
How To PassPass all graded assignments to complete the course.
User Ratings
4.9 stars
Average User Rating 4.9See what learners said
Syllabus

FAQs
How It Works
Coursework
Coursework

Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.

Help from Your Peers
Help from Your Peers

Connect with thousands of other learners and debate ideas, discuss course material, and get help mastering concepts.

Certificates
Certificates

Earn official recognition for your work, and share your success with friends, colleagues, and employers.

Creators
Columbia University
For more than 250 years, Columbia has been a leader in higher education in the nation and around the world. At the core of our wide range of academic inquiry is the commitment to attract and engage the best minds in pursuit of greater human understanding, pioneering new discoveries and service to society.
Pricing
AuditPurchase Course
Access to course materials

Available

Available

Access to graded materials

Not available

Available

Receive a final grade

Not available

Available

Earn a shareable Course Certificate

Not available

Available

Ratings and Reviews
Rated 4.9 out of 5 of 201 ratings

This course is really useful and help me know more about the relationship between Money and Banks

Great teacher and great class !

This is an excellent course for those looking for a better understanding of how money & liquidity impact the global economy, particularly, how the transfer of risk through derivatives and swap contracts created a systemic risk of which few recognize until the financial crisis of '07-'09. I have a much better understanding of the interconnected nature of today's global financial system and the mechanism by which money and risk are transferred from taking this course.

My ability to understand the functioning of Central banks and the effects of their actions on global financial markets have improved greatly after the completion of this course. Prof Perry Mehrling was greatly knowledgeable person and was very effective in transferring his in-depth knowledge through this course. I am glad that I have enrolled for this course and completed it successfully.