About this Course

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Beginner Level

A bachelor is helpful, but not necessary.

Approx. 21 hours to complete
English

What you will learn

  • Become a good economist that understands under which conditions an economic theory applies and can be used to inform evidence-based policy making

Skills you will gain

Earth EconomicsPolicy DevelopmentData AnalysisPolicy AnalysisYou will develop a good understanding about why we need Earth Economics in addition to traditional macroeconomics (nation-level) and microeconomics (individual and firm level
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Beginner Level

A bachelor is helpful, but not necessary.

Approx. 21 hours to complete
English

Offered by

Placeholder

Erasmus University Rotterdam

Syllabus - What you will learn from this course

Week
1

Week 1

2 hours to complete

Earth economics: a new and necessary approach

2 hours to complete
2 videos (Total 10 min), 3 readings, 1 quiz
2 videos
Solution exercise 12m
3 readings
1. On the Need for Earth Economics20m
Exercise 1 Does Earth's current account add up to zero?40m
Reflections on the impact of the COVID-19 (Corona) crisis (1)10m
1 practice exercise
Final test week 120m
Week
2

Week 2

6 hours to complete

Accounting for fluctuations in the Earth economy

6 hours to complete
6 videos (Total 33 min), 7 readings, 1 quiz
6 videos
Solution exercise 22m
3. Business Cycle and Secular Stagnation5m
Solution exercise 33m
4. Why does Earth's Unemployment fluctuate?8m
Solution exercise 43m
7 readings
2. Different measures for different purposes30m
Exercise 2 The components of GPP20m
3. A closer look at the accuracy of Gross Planetary Product45m
Exercise 3: Secular stagnation1h
4. Okun's Law: Unemployment and Output Gap10m
Exercise 4: Does Okun's Law work for Earth?1h
Reflections on the impact of the COVID-19 (Corona) crisis (2)15m
1 practice exercise
Quiz week 21h
Week
3

Week 3

4 hours to complete

Investment and Saving

4 hours to complete
7 videos (Total 41 min), 7 readings, 2 quizzes
7 videos
Solution Exercise 54m
6. Do we invest what we save or do we save what we invest?8m
7. How we get richer by spending: Consumption and multiplier7m
Solution Exercise 73m
8 A model for the Earth Economy6m
Continue after you collected the data1m
7 readings
5. Scenario analysis10m
Exercise 5: World tourism20m
6. Investment theories45m
7. Life cycle, interest rate and consumption10m
Exercise 7: Population10m
8. The use of economic models10m
Reflections on the impact of the COVID-19 (Corona) crisis (3)10m
2 practice exercises
Week 31h 30m
Midterm evaluation (survey)20m
Week
4

Week 4

4 hours to complete

Government and the Earth Economy

4 hours to complete
6 videos (Total 35 min), 7 readings, 1 quiz
6 videos
Solution Exercise 92m
10. Deficits and Debts: Is the IMF in denial?9m
Solution Exercise 103m
11. Money Matters7m
Solution Exercise 113m
7 readings
9. Income (Re)Distribution10m
Exercise 9: Composition of government expenditure20m
10. Index numbers5m
Exercise 10: Debt Dynamics1h
11. The role of private banks: the money multiplier20m
Exercise 11: Crypto-currencies10m
Reflections on the impact of the COVID-19 (Corona) crisis (4)10m
1 practice exercise
Week 41h

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