Watch the introduction video to the course here: https://youtu.be/U7dQzqtIFVg
The Asia-Pacific region contains some of world’s most dynamic economies. Economies around the globe rely on credible monetary policy implemented by central banking institutions. Monetary policy governs the liquidity available to the payment systems that underlie trade and finance. Smooth adjustment of liquidity can minimize instability in money and foreign exchange markets and keep inflation and growth on a secure footing. The industrial giants of China, Japan, and Korea; the Southeast Asian emerging markets of Indonesia, Malaysia, Philippines, and Thailand; and the international entrepots at Hong Kong and Singapore each face unique challenges in implementing liquidity policy.
This course is for learners with some background information on monetary policy. This advanced course will build a foundation for understanding liquidity policy implementation in the Asia-Pacific using standard economic models. The course will discuss the effects of high level discussion of a key element of national level public policy, monetary policy. Modern monetary policy connects macroeconomic conditions and key financial market indicators. It will also analyze the way that central bank goals for macroeconomic stability will determine outcomes in interest rates and exchange rates. The rigorous theoretical foundation should also build analytical skills that might be applied to policy and market analysis in a broad range of economies and even in the Asia-Pacific region as policy-making evolves in the future.
The topics covered each week:
Module 1 - Monetary Policy Implementation
Module 2 - Monetary Policy Strategy
Module 3 - Exchange Rates and Monetary Policy
After taking this course and going through the interactive activities, you will be able to:
(1) Describe Monetary Policy instruments central banks use
(2) Interpret on-going actions of central banks
(3) Apply graphical analysis and calculate basic economic measures used as tools by central banks or analysts
(4) Analyze the way that central bank goals for macroeconomic stability will determine outcomes in interest rates and exchange rates
Status: Financial Systems
Financial Systems
Status: International Finance
International Finance
Intermediate·Course·9 hours
Featured reviews
5.0
·Reviewed Feb 16, 2022
such a great course learning the exchange rate and interest rate of monetary policy from Central Bank perspective. You should not miss it!
5.0
·Reviewed Oct 7, 2020
The course explained the most important concepts of monetary policy. Massive thanks to the professor. He made it short and clear
5.0
·Reviewed Oct 23, 2022
This course explains the macro economics concepts really well with practical data from various economies. The course length and the amount of material covered is concise yet easy to understand!
5.0
·Reviewed Jun 18, 2021
thoroughly enjoyable course on monetary policy.......a go to course for any individual seeking knowledge on monetary policy and its application in the economy of countries......
5.0
·Reviewed Mar 8, 2021
Very interesting and useful course! Presenting of the material was quite appropriate even for beginners and the pace was just right!
5.0
·Reviewed Nov 28, 2024
Very insightful topics on monitary poliy in the Asia Pacific. I am very relatable because I came from the Philippines.
4.0
·Reviewed Nov 20, 2024
Would have liked more focus on comparative monetary policy.
5.0
·Reviewed May 26, 2020
Cross country comparison of the monetary policy is really good and informative.
4.0
·Reviewed Apr 4, 2022
The content is great, but the pace is a little bit fast. Worth studying!
5.0
·Reviewed Apr 6, 2021
Detailed explanations. Looking forward to more courses like this!
4.0
·Reviewed May 3, 2024
too technical (videos) Follow-up up small videos with MCQs is good work
5.0
·Reviewed May 4, 2020
Course content was brilliant and very well explained. Well done!!
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Showing: 20 of 76
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К
Кастусь
5.0
·Reviewed May 17, 2020
This is really amazing! An easy way to understend monetary policy in a complex 4-week training session. No unnecessary things, just everything that is useful to understand core aspects of how and for what does the Central bank act. A composition of the course is perfect and understandable. I'm really grateful to Dave Cook!! Keep going! Thank you very much, Dave!!!
I'll strongly recommend this course to my colleagues. And acquired knowledge is going to be implemented for improvement of monetry policy in the Republic of Belarus!
J
Joshua
5.0
·Reviewed Jun 19, 2021
thoroughly enjoyable course on monetary policy.......a go to course for any individual seeking knowledge on monetary policy and its application in the economy of countries......
B
Bhavya
5.0
·Reviewed Feb 17, 2019
This course does a great job in the field of monetary policy making in particular and macroeconomics in general. Thoroughly enjoyed the material, the presentation and especially loved it when the instructor backs it all up with historical data. Would recommend if you are looking for a platform to kick start your career in this field, or even if you aren't, I think the knowledge provided would help you go a long way in your career.
S
Supanut
5.0
·Reviewed Jan 9, 2021
Monetary policies topic already complicate without the involvement of international economics. Still, in the real world, no country is isolated that why we need to know the impact of the exchange rate and fund flow to country macroeconomics. I admit that I doubt that I could retain this knowledge and use it after this course because of their complicated. This course is good, and these monetary policies make an impact on everyone.
R
Rachel
5.0
·Reviewed Jun 9, 2021
The module was paced appropriately. Slides had a clear structure that made it easy to follow what the professor was teaching. Would recommend it to those who have a brief understanding of macroeconomics (exchange rates, inflation) beforehand. This module is of equal breadth and depth, with various case studies and detailed explanations of concepts. Highly recommended! Kudos to Prof Cook!
J
Jacky
5.0
·Reviewed Aug 26, 2020
The best course I ever attended online and in the real world! I work in FX desk in an investment bank and find this course really helpful, especially the course provides lots of real life examples in addition to theories. The instructor explains difficult concepts very clearly and quiz are provided to enhance student's understanding. Look forward to other courses by David Cook!
A
ARIOLI
5.0
·Reviewed May 13, 2021
Great learning experience. A fundamental course in understanding how Central Bank can provide our societies better stability (or instability when mistaking!). In a global financial framework Asia is playing a big role and it will expand in future. Thank you, Professor
S
SAI
5.0
·Reviewed Sep 3, 2019
It's really awesome, It clearly explains the monetary policy of a state and functions of central banks and its implementation and effect on exchange and interest rates superbly from scratch and a lame person an understand it easily. Nice structured course.
M
Mohamed
5.0
·Reviewed Nov 17, 2021
The monetary policy analysis part is wonderful where it combined theory with real-world data application. The course needed to focus on qunatifying FX rate misalignments based on the theoretical foundation of the balance of payments model.
P
Phillip
5.0
·Reviewed Apr 1, 2021
Great course for me as an introduction to monetary policy, while its emphasis is on Asia Pacific, the material learned is transferable to other parts of the world. At least, to my knowledge, in the western economies.
A
Azajul
5.0
·Reviewed Dec 16, 2020
This course is superb. I really enjoyed this course. The instructor was astoundingly excellent, and all the contents of this course were really comprehensive. Thanks a lot for gifting us this wonderful course.
R
Richard
5.0
·Reviewed Mar 4, 2021
A very informative course. More difficult than I expected, but the professor explained everything quite well. He also explained the answers in depth to the quiz questions after each video presentation.
K
Kalaivani
5.0
·Reviewed Apr 26, 2020
The course introduced the basic knowledge about monetary policy with very sufficient real-world cases as examples. It is easy to understand and worth taking as the length of the course is perfect.
P
Pratik
5.0
·Reviewed Oct 24, 2022
This course explains the macro economics concepts really well with practical data from various economies. The course length and the amount of material covered is concise yet easy to understand!
A
Annie
5.0
·Reviewed Feb 17, 2022
such a great course learning the exchange rate and interest rate of monetary policy from Central Bank perspective. You should not miss it!
K
Khrystyna
5.0
·Reviewed Mar 9, 2021
Very interesting and useful course! Presenting of the material was quite appropriate even for beginners and the pace was just right!
Z
Zanggar
5.0
·Reviewed Oct 8, 2020
The course explained the most important concepts of monetary policy. Massive thanks to the professor. He made it short and clear
A
Aviral
5.0
·Reviewed Jun 30, 2019
Lots of detail which is very well explained by the professor. Hope to meet him in person if I get into the University in 2020.
C
CHANTE
5.0
·Reviewed Nov 29, 2024
Very insightful topics on monitary poliy in the Asia Pacific. I am very relatable because I came from the Philippines.
M
Merari
5.0
·Reviewed Aug 14, 2019
Thank you for making it possible to continue learning, all content is controlled and meaningless, Thank you all.
