Banking 101 is a series of 6 short videos that ask the following questions: How do banks work and how is money created? Is reveals common misunderstandings of money creation and the role of banks. Furthermore, the videos show how models taught in many introductory classes to economics (Econ 101) do not reflect those processes: Part 1) “Misconceptions around Banking” questions common comprehensions of how banks work (savings = investments). Part 2) “What's wrong with the money multiplier” states that the model of the money multiplies is inaccurate. Part 3) “How is money really made by banks” explains the process of money creation, loans and inter-bank settlement. Part 4) “How much money banks create?” asks what limits the money creation by banks and presents the difference between reserve ratio, liquidity ration, equity and refers to the inter-bank market. Part 5) Explores the question if banks create money or just credit and especially refers to credit risks. Part 6) Explains how money gets destroyed when loans are paid back. Note: The videos refer to the UK monetary and banking system, some explanations don't apply to other banking systems, e.g. the reserve ratio. 2012 Level: debutante How much money can banks create - Banking 101 (Part 4 of 6)   Positive Money Eckhard Hein criticises the mainstream's view of secular stagnation as the result of a negative real equilibrium interest rate. Arguing in a Keynesian spirit with particular reference to Steindl, secular stagnation is considered to be a result of shift in the functional income distribution, and oligopolistic organisation of industries, leading to excess capacity and reluctance to invest. This acts as a drag on effective demand and results in secular stagnation. Distributional policies and public investment can, however, overcome stagnation its tendencies. 2015 Level: adelantado Secular Stagnation or stagnation policy? Steindl after Summers Eckhard Hein IMK Maria Nikolaidi on how Minsky’s theory has been modelled over past decades and how one can use these models in order to analyse contemporary issues such as financial fragility and financial instability caused by climate change. 2016 Level: adelantado Minsky's theory about financial fragility and financial instability Maria Nikolaidi IMK This Forum in the Boston Review deals with the role of economics in modern policymaking and presents a wide set of perspectives on the topic. The opening text by Suresh Naidu, Dani Rodrik and Gabriel Zucman aims to answer a range of common criticisms against the modern, neoclassical science of economics and its influence on public discussions. 2019 Level: debutante Economics After Neoliberalism Suresh Naidu, Dani Rodrik, Gabriel Zucman Boston Review Designed for a single-semester undergraduate course, this introductory economics textbook updates traditional macroeconomics to encompass twenty-first century concerns. In contrast to standard texts, the book starts with the question of human well-being, and then examines how economic activities can contribute to or detract from it. 2009 Level: adelantado Macroeconomics in Context Neva R. Goodwin, Julie A. Nelson, Jonathan Harris, Brian Roach, James Devine M.E. Sharpe Microeconomics in Context lays out the principles of microeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Macroeconomics in Context, the book is uniquely attuned to economic realities. The "in Context" books offer affordability, accessible presentation, and engaging coverage of current policy issues from economic inequality and global climate change to taxes. 2013 Level: adelantado Microeconomics in Context Neva R. Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras Routledge