What You Will Learn

  • Foundations of macroeconomics
  • Defining money and banks
  • Role of central banks and regulation
  • History of monetary regimes  
  • Financial crises and regulations


Week 1: Macroecomonics Overview

Week 2: Role of Central Banks and Regulation

Week 3: Money and Banks

Week 4: History of Monetary Regimes

Week 5: Financial Crises and Regulation

Week 6: Bank Regulation and Innovation in China

Week 7: Capstone Seminar Week

Group Culmination Project

In groups of three or four, choose a policy issue to analyze and present policy recommendations based on course content and your own research.

A limited number of faculty-selected groups present at a half-day mini-conference with faculty, peers, and invited guests.

Sample the Curriculum

Meet the faculty and sample the curriculum through our Faculty Spotlight: Mini Class series. 


Thomas Coleman, Senior Lecturer 

Thomas Coleman is the Faculty Co-Director of the Monetary Policy and International Finance Credential Program, designing the curriculum to equip students with theoretical and applied fiscal policy skills in the University of Chicago way. Coleman is a Senior Lecturer at the Harris School of Public Policy, and previously served as the Executive Director and Senior Advisor at the Becker Friedman Institute for Research in Economics.

Dave Schabes, Assistant Instructional Professor

Dave Schabes is an Assistant Instructional Professor at the University of Chicago’s Harris School of Public Policy where he lectures finance, international economics and financial regulation.  Further, Dave acts as a business advisor to start-up companies and government agencies.  Prior to retiring from JP Morgan, Dave was co-CEO of Chase Capital Corporation (“CCC”).  CCC invested in subordinated debt and equity of U.S. middle market companies.  Since its inception in late 2006, CCC had invested approximately $1.2 billion in over 40 different companies.  Prior to forming CCC, Dave was Executive Vice President – Alternative Assets at Calamos Asset Management. 

Dr. Yao Tang, Associate Professor

Dr. Yao Tang is Associate Professor at Peking University Guanghua School of Management, and a research fellow at the CITIC Foundation for Reform and Development. His research interests include monetary economics, international Economics and enterprise strategy.

Schedule and Format 

  • February 21 - April 9, 2022
  • Seven (7) weeks 
  • 4-6 hours per week 
  • 100% live lectures and office hours each week   

Hybrid Format 

Participants are able to attend the program either via 100% online live participation or in-person on the Peking University campus in Beijing, China.

Whether you are joining in-person or virtually, we expect students to actively engage with faculty and peers during the lecture and discussion sessions. 

Time Commitment 

Anticipate a commitment of approximately four (4) to six (6) hours per week. This weekly estimate is based on 90-minute live lectures, one (1) hour for live guest speakers, one (1) hour for assignments, and one (1) hour of live office hours with faculty and teaching assistants. The last week may require an additional two (2) to three (3) hours for the culmination project.

Office Hours 

Live office hours accommodate various time zones and occur multiple times throughout the week. Anticipate live office hours to be held in the evening of Central Standard Time (Chicago Time, UTC-6) and mornings of China Standard Time (Beijing Time, UTC+8).