Embark on a transformative journey with the Earth Economics course offered by Erasmus University Rotterdam. Gain the expertise to become an Earth Economist, capable of providing evidence-based advice for global policy-making. This course delves into the essential aspects of Earth Economics, emphasizing sustainability, equality, and non-mainstream economic perspectives. Through a comprehensive curriculum, you will explore the global economy, sustainability, and governance, while understanding the implications of recent global crises.
Throughout the course, you will cover various modules, including an introduction to Earth Economics, accounting for fluctuations in the Earth economy, investment and saving, government and the Earth economy, money and Earth economic equilibrium, and long-run challenges. Each module offers in-depth insights into economic theories, global public goods, and the role of international organizations such as the United Nations, International Monetary Fund, World Health Organization, and World Trade Organization. By the end of the course, you will have the knowledge and skills to critically analyze economic data, understand global economic challenges, and apply economic theories to real-world policy-making.
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The Earth Economics course comprises six modules that cover a wide range of economic concepts and their application to global policy-making. From understanding fluctuations in the Earth economy to long-term challenges, the course equips you with the knowledge to analyze and address critical economic issues.
Embark on the course with an introduction to Earth Economics, emphasizing its necessity and relevance in the global context. Explore the impact of recent global crises and understand the need for evidence-based policy-making.
Delve into the fluctuations in the Earth economy, covering the Gross Planet Product, business cycles, unemployment, and different measures for different purposes. Analyze the accuracy of economic data and its implications for policy-making.
Gain insights into investment and saving, equilibrium and stability, and the model for the Earth economy. Explore scenario analysis, investment theories, and the use of economic models to understand global economic challenges and opportunities.
Explore the role of government in the Earth economy, including government spending, taxation, deficits, debts, and income redistribution. Understand the dynamics of government finances and the impact of private banks on the economy.
Dive into the intricacies of money and Earth economic equilibrium, including the liquidity trap, demand-side equilibrium, and important concepts like Walras' Law and elasticity. Analyze policy interest rates and their implications for economic stability.
Conclude the course by addressing long-term challenges, including supply and structural reform, poverty and middle-income traps, governance of the Earth economy, competition policy, and global public goods. Gain a comprehensive understanding of the economic challenges facing the planet.
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