From religious leaders to heads of state, everyone is talking about economic inequality. What form can such inequality take in different countries? What impact does it have on society? And why should it matter to you?
Has the baby boomer generation had it all?
This free online course will explore the growing concerns surrounding rising inequality in income and wealth in developed countries. You’ll scrutinize claims that the baby boomer generation has had it all, in terms of pension deals and affordable houses, while social and political changes have left younger generations struggling to find security for their accommodation and retirement income.
You’ll examine the causes and implications of growing economic inequalities and what can be done about them, by individuals, communities, and governments.
Can we create a fair deal for everyone?
This four-week course is extremely timely: every day a news report mentions the growing gap between rich and poor. In many countries, politicians and social movements are arguing about austerity policies and the future of the welfare state and public services, and how to come out of the crisis with a fair deal for everyone.
You’ll explore many different alternatives to achieve an equal world for generations to come.
Your course guides are Dr. Jerome De Henau, Senior Lecturer in Economics at The Open University, and Jonquil Lowe, Lecturer in Personal Finance at The Open University.
What topics will you cover?
- What is meant by ‘inequality’ and how it is measured.
- Comparisons of inequality across countries, different groups of people and generations.
- Why inequality matters.
- Controversies around inequality.
- The causes, consequences, nature, and impact of inequality, particularly with regard to housing and pensions.
- The implications of inequality for individual financial planning for homeownership and retirement saving.
- Potential actions that individuals, communities and wider society can take to reduce inequality.
What will you achieve?
- Apply and make use of evidence to discuss the nature and existence of economic inequality.
- Demonstrate and understand some of the implications of inequality for individuals, society and the wider economy.
- Explain the impact that government policies may have on inequality.
- Apply some personal financial planning techniques, particularly with regard to pensions and housing.
- Discuss the interplay between individuals, communities and the state in addressing inequalities.
Who is the course for?
The course does not assume any prior knowledge of economics and can be enjoyed by anyone interested in social issues.
This school offers programs in:
Last updated February 17, 2018