The purpose of this course is to provide you with an understanding of central bank policies and how such policies affect financial markets and the economy. The main aim of this course is to provide you with insights about the macroeconomic relationships between interest rates, inflation, and unemployment that allow you to assess central bank actions and appreciate how this action will affect the economy. The ability to extract relevant information from financial market and economic data about the macroeconomic environment and central bank actions is an important skill that will be useful for your decision-marking in your professional career and your personal financial choices.
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Central Banks and Monetary Policy
This course is part of Managerial Economics and Business Analysis Specialization
![Ralf Meisenzahl](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://coursera-instructor-photos.s3.amazonaws.com/0f/3e33873a5849a4ab0a7e5ccc955ca5/meisenzahl-ralf-jpg.jpg?auto=format%2Ccompress&dpr=1&w=75&h=75&fit=crop)
Instructor: Ralf Meisenzahl
13,485 already enrolled
Included with
(74 reviews)
What you'll learn
Describe and understand the functioning of the key money markets.
Describe the main policy objectives of central banks.
Examine how, by controlling interest rates, monetary policy influences inflation and unemployment.
Describe how monetary (and fiscal) authorities respond to stress in financial markets.
Skills you'll gain
Details to know
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16 assignments
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There are 5 modules in this course
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
What's included
1 video6 readings1 assignment
In this module we will study interest rates and financial instruments.
What's included
9 videos1 reading4 assignments
In this module, we will study the Federal Reserve System, its functions, and its monetary policy tools.
What's included
10 videos1 reading4 assignments1 peer review
In this module, we will study the link between output, inflation, and unemployment and how monetary policy affects these macroeconomic variables.
What's included
9 videos1 reading4 assignments
In this module, we will study financial crises and policy responses to these crises.
What's included
8 videos3 readings3 assignments1 plugin
Instructor
![Ralf Meisenzahl](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://coursera-instructor-photos.s3.amazonaws.com/0f/3e33873a5849a4ab0a7e5ccc955ca5/meisenzahl-ralf-jpg.jpg?auto=format%2Ccompress&dpr=1&w=75&h=75&fit=crop)
Offered by
Recommended if you're interested in Business Essentials
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University of Illinois Urbana-Champaign
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Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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Learner reviews
74 reviews
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Reviewed on Sep 30, 2022
It was great to learn these things playing roles at the back end.
Reviewed on Oct 23, 2022
very informative course i highly recommended to every one who is interested in banking as well as financial institutions
Reviewed on Jun 27, 2022
Very informative, interesing and well worth the money and time to complete it.
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