Economics: Macroeconomic Fundamentals for Managers | 2023

Learn fundamental MBA-level principles for business: outsourcing/offshoring, fiscal & monetary policy + more from Eazl.

4.30 (989 reviews)
Udemy
platform
English
language
Management
category
instructor
Economics: Macroeconomic Fundamentals for Managers | 2023
12,989
students
1 hour
content
Nov 2022
last update
$49.99
regular price

What you will learn

Make informed offshoring decisions

Interpret key economic indicators

Understand the dynamics of comparative advantage

Understand the nature and behavior of financial crises

Think about environmental stewardship issues from an economic perspective

Predict likely actions of central banks and governments

Why take this course?

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!

Screenshots

Economics: Macroeconomic Fundamentals for Managers | 2023 - Screenshot_01Economics: Macroeconomic Fundamentals for Managers | 2023 - Screenshot_02Economics: Macroeconomic Fundamentals for Managers | 2023 - Screenshot_03Economics: Macroeconomic Fundamentals for Managers | 2023 - Screenshot_04

Our review

--- **Overview of the Course "Macroeconomics 101 for Managers"** The **Global course rating** stands at a strong **4.30**, with all recent reviews pointing towards a comprehensive and engaging learning experience. The course is designed to provide managers and those interested in macroeconomics with a solid understanding of the fundamental concepts and their practical applications, particularly from a managerial perspective. **Pros:** - **Simplified Explanations**: The course offers clear and simple explanations that are accessible even to beginners in the field of economics. - **Comprehensive Overview**: It provides a good overview of key macroeconomic concepts such as Monetary policy, Fiscal policy, and global economic data sources. - **Interactive Learning**: The course includes relevant examples that enhance understanding and retention of the material. - **Real-world Application**: The course focuses on how macroeconomic principles apply to business and investment decisions, which is particularly valuable for managers. - **Engaging Content**: The inclusion of additional perspectives for investment decisions, especially with offshore investment, adds depth to the learning experience. - **Resourceful**: It guides learners to various resources for further study and provides a data bank at the end of the course (though some users mentioned expecting more content). - **Multimedia Elements**: The course features good visuals and incorporates blogger insights to diversify the learning material. - **Manager's Perspective**: Snippets that provide a manager's perspective are informative and useful. - **Free Course Offering**: Udemy's contribution to educating individuals for free is commendable and adds significant value. **Cons:** - **Basic Concepts**: The course, being labeled as 101, primarily focuses on foundational concepts and may not delve into more advanced topics. - **Additional Resources**: Some users felt that more detailed content and references for further studying should be included within the course itself rather than at its conclusion. - **Theoretical Content**: The theoretical aspects of macroeconomics are less emphasized compared to the practical application, which may not align with academic expectations. - **Data Bank Access**: A few reviews mentioned difficulty in locating the Eazl Macroeconomics Data Bank advertised with the course. - **Practical Examples**: While examples are relevant and useful, some users suggested that including more examples from different countries would be beneficial. - **Supporting Materials**: The lack of included source materials within the course was highlighted by several reviewers. **Course Summary:** "Macroeconomics 101 for Managers" is a well-regarded course that serves as an excellent starting point for those with little to no background in economics or macroeconomic principles. It provides valuable insights and practical applications relevant to business and investment, with a focus on the managerial perspective. While it may not cover advanced topics in depth, it is a comprehensive introductory course that is both resourceful and user-friendly. The inclusion of various learning materials such as visuals and blogger inputs adds a unique touch to the course, making it engaging and informative for learners at all levels. --- **Final Verdict:** "Macroeconomics 101 for Managers" is a highly recommended course for anyone looking to gain a solid understanding of macroeconomic principles as they relate to business management and decision-making. The positive feedback from users, along with the high rating, underscores its effectiveness as an educational tool. However, potential students should be aware that while it provides a good foundation, it may not satisfy those seeking a more theoretical or in-depth exploration of macroeconomics. Nonetheless, for beginners and managers looking to apply macroeconomic concepts to real-world scenarios, this course is both enlightening and beneficial.

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Related Topics

511852
udemy ID
5/26/2015
course created date
8/15/2019
course indexed date
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