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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 2397yesCoursera

The Syllabus

Videos
  • Introduction to the course
  • Introduction to Module 1
  • GDP
  • Unemployment and inflation rates
  • Exchange rates
  • Exchange rate regimes in Australia
  • Module 1 conclusion
Readings
  • How to navigate the course
  • Overview of the assessments and activities
  • Module 1 list of figures
  • Module 1 further readings
Practice Exercise
  • Assessment 1 - Module 1 quiz

Videos
  • Introduction to Module 2
  • Monetary policy
  • The transmission channel
  • The IS-LM model
  • Inflation and output stabilisation
  • Exchange rate stabilisation I
  • Exchange rate stabilisation II
  • Primary challenges in achieving the RBA's objectives
  • Factors that may impact on the conduct of monetary policy
  • Module 2 conclusion
  • OPTIONAL - Full interview with Malcolm Edey
Readings
  • Module 2 list of figures
  • Module 2 further readings
Practice Exercise
  • Assessment 2 - Module 2 quiz

Videos
  • Introduction to Module 3
  • Introduction to fiscal policy in Australia
  • The objectives of fiscal policy
  • The functions of fiscal policy
  • The modified AS-AD framework
  • Applying the modified AS-AD framework
  • Australian applications, 1986 - 1996
  • Australian applications, 1997 - 2012
  • Module 3 conclusion
Readings
  • Module 3 list of figures
  • Module 3 further readings
Practice Exercise
  • Assessment 3 - Module 3 quiz

Videos
  • Introduction to Module 4
  • The GFC - What happened?
  • The GFC - How did it happen?
  • The GFC - The response of the policymakers
  • An interview with Adrian Blundell-Wignall - Part 1: Why were many caught off guard by the GFC?
  • The benefits of "good luck"
  • The benefits of "good policy"
  • Interview with Malcolm Edey: Why did Australia escape the worst of the GFC?
  • Interview with Adrian Blundell-Wignall - Part 2: Why did Australia escape the worst of the GFC?
  • Module 4 conclusion
  • OPTIONAL: Full interview with Adrian Blundell-Wignall
  • Summary of course
Readings
  • Module 4 list of figures
  • Why was the Chinese economy booming at the time of the GFC?
  • Module 4 further readings
Practice Exercise
  • Assessment 4 - Module 4 quiz
  • Assessment 5 - End of course quiz

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