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
Macroeconomics for Business Management
This course is part of Data & Finance for the future Specialization
Instructor: Roberto Dumas Damas
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4.8
(420 reviews)
Beginner level
No prior experience required
Flexible schedule
Approx. 13 hours
Learn at your own pace
97%
Most learners liked this course
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
Skills you'll gain
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Assessments
15 quizzes
Taught in English
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This course is part of the Data & Finance for the future Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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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
Instructor ratings
4.8 (148 ratings)Offered by
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4.8
420 reviews
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Showing 3 of 420
LD
5
Reviewed on May 21, 2024
I enjoyed the course. Mr. Dumas helped me understand the concepts of Macroeconomics clearly.
ML
5
Reviewed on Oct 21, 2022
I enjoyed the course immensly thanks to the very clear, concise, and friendly manner that each subject of the course was presented by Prof.Roberto Dumas Damas . A big thank you!
KG
5
Reviewed on May 22, 2022
A good condensate to learn the basics of macroeconomics.
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