NEXUS
Economics and remittances 101
Basic economics for households and communities, and what remittances are and how they are measured.
Economics and remittances 101
Basic economics for households and communities, and what remittances are and how they are measured.
Level
Foundations
Who it is for
Everyone from about age 14: young people, adults, parents and newcomers. No prior knowledge is needed.
Format
Self-paced online, in plain language, with maps, figures, short quizzes and a discussion.
About 6 hours. Hours are an estimate.
What you will be able to do
- Explain income, prices, inflation and exchange rates in plain words.
- Define remittances and say how they are recorded.
- Read a remittance figure without mixing it with counts of people.
Modules
- Households and markets. Income, spending, prices and saving.
- Money across borders. Exchange rates and the cost of sending money.
- Remittances. Definitions, official series and what they miss.
- Economies of origin and destination. What remittances do, according to the evidence.
Assessment
A short check after each module, with feedback. Completion is recorded; it is not an accredited award.
Status
Draft outline for scholarly review. The lessons, readings and questions are in preparation. Completion is recorded; nothing is accredited.
This course is shared by IDCDC and KCO. Course codes: IDCDC-WRK-06 (IDCDC) and KCO-WRK-06 (KCO).