- Level Foundation
- Duration 24 hours
- Course by Parsons School of Design, The New School
-
Offered by
About
Thinking critically about today's economy can help you understand the world around you. Economics: Society, Markets, and [In]equality will pique your curiosity and inspire you to learn more about the power dynamics that determine how people and resources are valued, how goods move around the world, and how we manage our planet and the future. Your understanding of economics will make you a better advocate, voter, investor, consumer, and citizen. You’ll also develop an understanding of the benefits and drawbacks of our current economic system and get a framework for thinking about how we, as individuals and as a society, can rethink our relationship with our planet and the way we interact with one another. In this course, you'll be learning from the following New School for Social Research faculty: - William Milberg, Dean of the New School for Social Research and Professor of Economics - Teresa Ghilarducci, Bernard L. and Irene Schwartz Professor of Economics and Director of the Schwartz Center for Economic Policy Analysis - Paulo dos Santos, Associate Professor of EconomicsModules
1.0 A Wealth of Burning Questions, a Poverty of Answers
1
Discussions
- Introduce Yourself and Meet Your Peers
1
Videos
- A Wealth of Burning Questions, a Poverty of Answers
1.1 Scarcity and Surplus in Human Well-Being: Cooperation and Conflict
1
Discussions
- Lesson 1.1 Discussion
1
Videos
- Scarcity and Surplus in Human Well- Being: Cooperation and Conflict
1
Readings
- Lesson 1.1 Readings
1.2 Producing for Profit: The Study of a Historically Specific Social System -- Capitalism
1
Discussions
- Lesson 1.2 Discussion Questions
1
Videos
- Producing for profit: The Study of a Historically Specific Social System -- Capitalism
1
Readings
- Lesson 1.2 Reading
1.3 Don’t Blame the Victims!
1
Assignment
- Week 1 Quiz
1
Discussions
- Lesson 1.3 Discussion Questions
1
Videos
- Don’t Blame the Victims!
1
Readings
- Lesson 1.3 Readings
2.0 Common Good, Private Purposes Introduction
1
Discussions
- Lesson 2.0 Discussion Questions
1
Videos
- Common Good, Private Purposes Introduction
2.1 The Good: Competition, Prices, & Entrepreneurship
1
Discussions
- Lesson 2.1 Discussion Questions
2
Videos
- The Good: Competition, Prices, and Entrepreneurship (Adam Smith)
- The Good: Competition, Prices, and Entrepreneurship (Friedrich Hayek)
1
Readings
- Lesson 2.1 Readings
2.2 The Bad: Investment, Financial Structures, and the Business Cycle
1
Discussions
- Lesson 2.2 Discussion Questions
5
Videos
- The Bad: Recessions, Sunspot and Investment Theories
- The Bad: Production Disruptions
- The Bad: Aggregate Demand, Liquidity, and Financial Behavior
- The Bad: Destabilizing Financial Behavior and Markets
- The Bad: What to Do About This
1
Readings
- Lesson 2.2 Readings
2.3 The Ugly: Appropriations of Capital
1
Assignment
- Week 2 Quiz
1
Discussions
- Lesson 2.3 Discussion Questions
5
Videos
- The Ugly: Motivation
- The Ugly: Profits and Ownership
- The Ugly: Unpaid, Unrecognized, and Unmeasured
- The Ugly: Precarious Lives, Precarious Jobs
- The Ugly: Common Wealth, Private Appropriations
1
Readings
- Lesson 2.3 Readings
3.0 Power at Work Introduction
1
Videos
- Module 3 Introduction
3.1 Basic Sources of Power in the Labor Market
1
Discussions
- Lesson 3.1 Discussion Questions
2
Videos
- Basic Sources of Power in the Labor Market (Part 1)
- Basic Sources of Power in the Labor Market (Part 2)
1
Readings
- Lesson 3.1 Readings
3.2 How to Ask for a Raise With and Without a Union
1
Discussions
- Lesson 3.2 Discussion Questions
1
Videos
- How to Ask for a Raise with and Without a Union
1
Readings
- Lesson 3.2 Readings
3.3 How Government Affects Worker Bargaining Power
1
Discussions
- Lesson 3.3 Discussion Questions
1
Videos
- How Government Affects Worker Bargaining Power
1
Readings
- Lesson 3.3 Readings
3.4 Corporate Power: Monopolies, Oligopolies, Monopsonies and the Myth of Perfect Competition
1
Discussions
- Lesson 3.4 Discussion Questions
2
Videos
- Corporate Power: Monopolies, Oligopolies, Monopsonies and the Myth of Perfect Competition (Part 1)
- Corporate Power: Monopolies, Oligopolies, Monopsonies and the Myth of Perfect Competition (Part 2)
1
Readings
- Lesson 3.4 Readings
3.5 Why Does the Federal Reserve Hate Workers?
1
Assignment
- Week 3 Quiz
1
Discussions
- Lesson 3.5 Discussion Questions
1
Videos
- Why Does the Federal Reserve Hate Workers?
1
Readings
- Lesson 3.5 Readings
4.0 The Promise and Disappointments of Globalization Introduction
1
Videos
- Module/Week 4: Introduction
4.1 What is Globalization and How Did We Get Here?
1
Discussions
- Lesson 4.1 Discussion Question
2
Videos
- What is globalization and how did we get here?
- The Golden Age of Capitalism and the Second Wave of Globalization
1
Readings
- Lesson 4.1 Readings
4.2 What Drives Globalization?
1
Discussions
- Lesson 4.2 Discussion Question
2
Videos
- The Five Drivers of Globalization
- Outsourcing and the Rise of Global Value Chains
1
Readings
- Lesson 4.2 Readings
4.3 Winners and Losers from Globalization
1
Discussions
- Lesson 4.3 Discussion Question
3
Videos
- Winners and Losers from Globalization
- Rethinking Globalization, Part 1
- Rethinking Globalization, Part 2
1
Readings
- Lesson 4.3 Readings
4.4 Inside the Global Value Chain: The Tennis Ball Economy
1
Assignment
- Week 4 Quiz
1
Discussions
- Lesson 4.4 Discussion Question
1
Videos
- As the Ball Bounces: Inside the Global Value Chain
1
Readings
- Lesson 4.4 Readings
5.1 Institutions for Better Labor Market and Social Outcomes
1
Discussions
- Lesson 5.1 Discussion Questions
1
Videos
- Valuing the Future
1
Readings
- Lesson 5.1 Readings
5.2 Building a Thriving Society
1
Peer Review
- Reflecting on the Course
1
Discussions
- Lesson 5.2 Discussion Questions
1
Videos
- Building a Thriving Society
1
Readings
- Lesson 5.2 Readings
Auto Summary
Explore the intricacies of today's economy with "Economics: Society, Markets, and [In]equality." Designed for those interested in Business & Management, this foundational course offers insights into power dynamics, resource valuation, and global goods movement. Learn from esteemed New School for Social Research faculty, including William Milberg, Teresa Ghilarducci, and Paulo dos Santos. Over 1440 minutes, develop a critical understanding of the benefits and drawbacks of our economic system. Available through Coursera with Starter and Professional subscription options, this course is ideal for advocates, voters, investors, consumers, and citizens aiming to rethink their economic perspectives.

Teresa Ghilarducci

Paulo dos Santos

William Milberg