Macroeconomics for Business Management

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.At the end of this course, you will be able to:

• Understand the concept of GDP and its importance for businesses established in a country;
• Analyze de GDP by breaking down its key components;
• Understand the importance of inflation, monetary policy, balance of payments, and real exchange rate for a country’s macroeconomic environment.
• And above it all. Understand how to make connections between those concepts and try to make good use of them when establishing your business plan or your investment decisions.

• 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

Syllabus

Syllabus - What you will learn from this course
Week 1
Gross Domestic Product (GDP) concept and components
Week 2
GDP Components: Investments and Government
Week 3
GDP Components: Exports, Imports and Keynes multiplier
Week 4
Inflation, Monetary Policy, and Balance of Payments

FAQ

When will I have access to the lectures and assignments?

Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:

What will I get if I purchase the Certificate?

When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

Is financial aid available?

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Reviews

Thank you Mr.Dumas it was very delightful and healthy program

I was able to fully understand what inflation is. Thanks to the teacher, he is really an interesting being who makes learning fun.

Excellent real-world explanations with a very dynamic and engaging Professor!

I loved the course and it was quite explanatory enough for me to understand.