Will the next generation be better or worse off than their parents? Look at both sides of the debate and decide for yourself in the free online course “Exploring Economics: Will the Next Generation Be Worse Off?” In the course, you will explore the economic outlook for the next generation and how to improve it. You’ll get an introduction to the global economy, how it experiences spikes and dips in economic growth and how this affects prosperity worldwide. You will look at reasons to be optimistic and reasons to be pessimistic. You’ll get to share your views on what’s more likely and hear how prominent economists and other scholars can have different views on this question.
This course is aimed at anyone with an interest in economics. It will be of particular interest to those who are concerned about the future of the global economy, and what we can do to improve it for the next generation.
Course Content of Exploring Economics: Will the Next Generation Be Worse Off?
The next generation faces uncertain economic prospects. This online course explains why. You will discuss to what extent the next generation can expect to be better or worse off than the current generation. You will examine the criteria for success/failure regarding government intervention in economic policy, and discuss the economic policy options that may allow the next generation to have an improved economic outlook.
The course includes the following topics:
- Reality check: why the next generation is likely to be worse off
- What might lie ahead: an unequal society incapable of innovation
- Why the market will not save us and the need for government intervention
- A history of government failures: learning from past mistakes
- Rethinking economic growth and economic policy
- A new approach to promote growth and support socioeconomic transformation.
Summary of Course Main Features
- Developed by: Griffith University, Australia – challenging conventions, responding to trends and pioneering solutions through innovative teaching and research.
- Educators: Fabrizio Carmignani and Ross Guest
- Start date: 6 November 2017
- Duration: 3 weeks x 3 hours per week
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