
Explore macroeconomics for managers and executives, focusing on monetary and fiscal policy, competitive and comparative advantage, and how financial and market trends inform strategic decisions.
GDP measures final consumption, investment, net exports, and government spending. It serves as a lagging indicator and signals policy responses for managers.
Managers learn how monetary and fiscal policy stabilize economies by shaping unemployment and inflation through central banks' money supply and governments' taxes, debt, and infrastructure spending.
Identify how comparative advantage drives specialization and trade to raise wealth. Observe how input abundance and the production possibility frontier shape outcomes, while policy distortions can alter true advantages.
Explain the link between labor arbitrage and offshoring, detailing four offshore costs: specification, training, controls, and coordination, and show how project complexity drives down the incentive to offshore that project.
Monitor ecological system viability to manage risk and spot opportunities for innovation, leveraging provisioning, environmental regulation, and cultural benefits before environmental limits erode economic benefits.
Easy money fuels repeated central-bank bubbles and crises, from dotcom to housing, with bank bailouts and deflation-fighting rhetoric that masks inflation and asset risks.
Explore how cooperation drives economics, the limits of ideology, and the role of policy and markets in managing environmental challenges, central bank leverage, and fiscal deficits for sustainable growth.
Explore Google public data to compare countries using World Bank indicators and UN development metrics, focusing on GDP per capita PPP, growth rates, and education and internet access for managers.
Explore the macroeconomic data resource bank to export World Bank metrics, perform advanced searches by country, series, and time, and analyze GDP per capita and related indicators with downloadable data.
Learn how to interpret changing macroeconomic conditions and leverage macro-level frameworks in a course that's similar to the Macroeconomics for Managers course in MIT's Advanced Management Training Program.
Key Macroeconomic Issues for Managers and Executives
Learn how to interpret and use the critical macroeconomic signals.
Understand how to analyze comparative advantages and offshoring decisions.
Learn how to manage risk and see opportunities in environmental limits.
Find and use relevant economic data and make better decisions.
A Powerful Skill at Your Fingertips
As you transition to roles of increasing responsibility, being able to interpret and use macroeconomic data will make you a valuable asset to any managerial team. Knowing what data matters and where to find it will enable you to take public data, make it meaningful, and use it to inform decisions that will impact you and your organization.
Macroeconomics Made Accessible
Suitable for people with no formal training in economics, this course is fun to watch, offers hands-on tutorials, and includes interviews with two of the leading American economic journalists of our time—Mike “Mish" Shedlock and Charles Hugh Smith. Each learning module will equip you with a framework that you can use to contribute to big decisions and high-level conversations.
Starting with a deconstructed look at what GDP is and why it matters, the course introduces the key macroeconomic concepts that matter to managers. You'll learn about monetary policy. Government spending. Interest rates. Then, we'll look at what drives comparative advantages and offshoring decisions.
The course wraps up with a look at environmental limits. This framework will enable you to understand issues about sustainability, corporate responsibility, and ecological benefits through an economic lens. Finally, you have access to “over the shoulder" tutorials as we collect easy-to-find economic research and use the Eazl macroeconomic resource bank to find and download more nuanced sources of public data.
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Content Upgrade Journal
• Version 1.1 (November 2021): In this update, we've added additional resources to get you started with the concepts of Modern Monetary Theory and the finance/investment trend of ESG (Environment, Social, and Governance). Enjoy the updates!
• Version 1.2 (January 2022): In this upgrade, we've added professionally-developed English-language subtitles. This will be a great addition for our ESL learners!