Free online month-long course on Money and Society

A free online course at Masters-level will enable you to understand the past, present and future role of money in society.

Concerned with the banking system? Bemused or fascinated by bitcoin? Starting a local currency? Whereas most courses on money are intended for people with an economics background or banking future, this course is for people who are interested in understanding money from a social innovation perspective – it prepares the ground for answering how to create a better future by reshaping money and currency.

The course is therefore highly interdisciplinary, drawing upon anthropology, sociology, history and heterodox economics. It is designed by Professor Jem Bendell PhD (IFLAS) and Matthew Slater BD (Community Forge), with additional tutoring by Leander Bindewald MA (IFLAS and NEF) and Stephen DeMeulenaere (Coin Academy).

The MOOC (Massive Online Open Course) starts online on February 16th 2015 and runs for one month, with four lessons:

Lesson One: An introduction to money: functions, forms, and fallacies

Lesson Two: The history of money and its discontents

Lesson Three: The problems with mainstream monetary systems

Lesson Four: Alternatives

Each lesson begins on a Monday, consisting of an audio Powerpoint of two hours (which you can listen to when you want within two days), followed by two hours of personal reading and one hour to prepare a written assignment of not more than 400 words, which must be submitted by that Thursday.

Participants can view and comment on each other’s assignments in the forum, and can interact as they wish, with tutors commenting on assignments in the forum.

Lessons Two and Four are followed by one hour webinars with the tutors, which occur on Saturday mornings at 10am. You need access to a decent broadband connection but do not need any special software to engage in the course. Participants cannot start the MOOC late. To register, send an email to and you will receive joining instructions in the first week of February 2015. The next offering of the MOOC will be in quarter three of 2015.

At the end of this MOOC you will be able to:

  • Critically assess views on the form and function of money and currency by drawing from monetary theories
  • Explain theories on how social, economic and environmental problems arise from mainstream monetary systems
  • Explain alternative forms of money and currency and the theories on how they can support better social, economic and environmental outcomes.

Full details here: