After this course you will be an Earth Economist that can provide evidence-based advise on the best global policy. As an Earth Economist you will better understand the behavior and advice of economists, have become a better economist yourself and know where to find Earth's data and how to analyze these world observations. Our planet is too important: we need you to get engaged!
Earth Economics
Gain insight into a topic and learn the fundamentals.
4.6
(79 reviews)
Beginner level
Recommended experience
20 hours to complete
3 weeks at 6 hours a week
Flexible schedule
Learn at your own pace
What you'll 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'll gain
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
8 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
There are 6 modules in this course
Earth Economics offers a completely new angle to policy analyses by its focus on the truly global level and its empirical orientation on very recent data. Each week offers "Reflections on the economic impact of the Corona virus" (COVID-19) allowing you to apply what you have learned. But we have to look beyond the pandamic. Sustainability (environmental and related to the UN's SDGs), equality and hetrodox (non mainstream) views on the economy are important for an Earth Economist. Taking stock of emerging planet data and analyzing policies during and following the Global Crisis, Earth economics provides both a topical introduction into basic macroeconomic tools and concepts and insights in highly relevant problems and recent developments in planet production, growth and governance. You will also better understand the behavior and advice of economists, become a better economist and know where to find Earth's data and how to analyse these world observations. Our planet is too important: we need you to get engaged!
What's included
2 videos3 readings1 assignment1 discussion prompt
This set of three lectures provides you with a good introduction to the most often used data sources for the Earth Economy and their strengths and weaknesses. We study which activities generate value added and discuss both the merits and the drawbacks of the concept of Gross Planet Product (GPP). We will get a good idea about changes in the economic condition of our planet, both from business cycles and from changes in the world's unemployment rate. You will discover that economists are too optimistic about the reliability of their data but also that economist in the past have been too pessimistic about the development of the world economy.
What's included
6 videos7 readings1 assignment1 discussion prompt
We start with a discussion of the equilibrium concept and relate (in)stability to policy relevant questions such as (over)population, global warming and hyperinflation. We encounter comparative statics and scenario analysis. We discuss investment, saving and consumption and relate these concepts to the development of the Earth economy. At the end of these three lectures you will be able to build a model of the Earth economy and use that model to analyze the Great Recession of 2008/0. That is pretty cool.
What's included
7 videos7 readings2 assignments
In this Module we take a closer look at government. We study government spending and taxation and will discover any instances where government expenditures and receipts move in the same direction. An important issue is the development of public debt that has reached unprecedented levels for our planet. Finally we study money and its functions in the Earth Economy.
What's included
6 videos7 readings1 assignment
In this module we look at the money market and the role and impact of monetary policy. We start with the liquidity trap where interest rates are so low that monetary policy becomes impotent. Next we relate the money market and the product market in the so-called ISLM model. We use this model to shed light on economic debates about the role of government.
What's included
5 videos6 readings1 assignment
Earth Economics is especially relevant when we take a look at the long run because it enables us to analyse sustainability of economic processes and to understand how productivity is key for economic development. We will discover why Earth Economics is important for monitoring and understanding Sustainable Development Goals from a truly global perspective
What's included
5 videos6 readings2 assignments1 peer review
Instructors
Instructor ratings
4.7 (23 ratings)
Offered by
Recommended if you're interested in Economics
University of Michigan
Duke University
London Business School
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Learner reviews
4.6
79 reviews
- 5 stars
75.94%
- 4 stars
15.18%
- 3 stars
6.32%
- 2 stars
2.53%
- 1 star
0%
Showing 3 of 79
CV
4
Reviewed on Jul 12, 2020
Nice course, Thanks to Mr. Peter, the best thing is that Mr. Peter uses calculation only where it is useful.
PR
5
Reviewed on Oct 4, 2022
i enjoy this class. This class opened my eyes about our earth and how we use resources.
RG
5
Reviewed on Aug 11, 2022
Great learning! I'm an alumnus of ISS -Erasmus Rural Policy and Project Planning batch 1995. Hopefully, I'll visit Netherlands again! I missed The Hague.
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.