In this course, you will be introduced to some basic concepts of country-level Macroeconomics that are relevant for an integrated understanding of the macroeconomic environment in which your business (or future business) operates. In this course, the first three weeks will cover the Gross Domestic Product (GDP) and its components deeply, and the fourth week will cover inflation, monetary policy, balance of payments, and the concept of real exchange rate.



Macroeconomics for Business Management
This course is part of Data & Finance for the future Specialization

Instructor: Roberto Dumas Damas
Access provided by New York State Department of Labor
27,043 already enrolled
(429 reviews)
What you'll learn
Concept of Gross Domestic Product, why it is crucial for your business plan as it is also considered to be the income of the country
Components of the Gross Domestic Product: consumption, investments, government, exports, imports and Keynes multiplier
Monetary Policy, Balance of Payments, and Real Exchange Rate
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There are 4 modules in this course
Welcome to the Macroeconomics for Business Management course! During this first week, we will cover the concept of Gross Domestic Product, why it is crucial for your business plan as it is also considered to be the income of the country, and one of its components, household consumption.
What's included
3 videos4 readings4 quizzes
During this second week, we will continue the analysis of the Gross Domestic Product components, covering investments and government. Mainly how investors in gross capital formation make their decision using some key elements such as real interest rates (cost of opportunity) and confidence.
What's included
2 videos2 readings3 quizzes
During this third week, we will finish our discussion on Gross Domestic Product components, covering exports, imports, and the Keynes multiplier. Exports and imports are critical to robust GDP growth as no country can make or produce everything alone. Hence, to better understand how economic growth could benefit from international trade is also essential to understand whether a country may envisage better domestic productivity onwards.
What's included
3 videos3 readings4 quizzes
During this fourth and last week, we will cover the concepts of Inflation, Monetary Policy, Balance of Payments, and Real Exchange Rate. Balance of payments are also crucial to understand if a country is on the verge to experience a currency crisis which indeed could trigger inflationary, corporate, banking and economic crisis.
What's included
4 videos3 readings4 quizzes
Instructor

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Reviewed on May 22, 2024
I enjoyed the course. Mr. Dumas helped me understand the concepts of Macroeconomics clearly.
Reviewed on Dec 22, 2022
aAs someonewho'svery interestedin economicsI enjoyed and learnedso much in this
Reviewed on Jul 30, 2023
A student with a non-economics background will be able to truly understand if more examples are quotes.
Recommended if you're interested in Business
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