MIT Sloan School of Management

Economics for Business

MIT Sloan School of Management

Business Analytics

About Programme

Why attend Economics for Business?

This eight-week online program offers you the opportunity to explore macroeconomics from a business perspective, guided by renowned economist Professor Roberto Rigobon.

Based on our in-person program, Understanding Global Markets: Macroeconomics for Executives , the online program offers those who would previously be limited in accessing the on-campus course the opportunity to engage with a portion of the content in a flexible and personalized way, through a highly collaborative and supportive online environment. Participants will explore the purpose and impact of macroeconomic policies, and consider a range of factors influencing large-scale, global economics.

Using both current and historical case studies, you’ll be introduced to key macroeconomic concepts, including the roles of central banks and governments, the creation and mitigation of financial crises, and the macroeconomic policies shaping international trade, among others. You’ll also be encouraged to consider the impact of new and emerging technologies such as cryptocurrencies and artificial intelligence, while engaging in problem-solving scenarios and interactive discussions. By examining the effect of these influences on business, you’ll develop an intuition for macroeconomic trends that can be applied in the real world.

We do not recommend this course if you have already completed Understanding Global Markets: Macroeconomics for Executives , unless you are seeking a refresher of the content.

Programme Content

Self-Paced Online

Orientation module

Welcome to your Online Campus

Module 1

The Global Economy

Module 2

Consumer Confidence and Policy Effects

Module 3

Currencies, Crises, and Cryptos

Module 4

Measuring Economic Health: the Current Account

Module 5

Measuring Economic Health: the Labor Market

Module 6

Economic Shocks

Module 7

Social Peace and Political Factors

Module 8

Creating Economic Sustainability

Programme Objective

Upon successful completion of your course, you will earn a certificate of completion from the MIT Sloan School of Management. This course may also count toward

MIT Sloan Executive Certificate requirements

.

In this course you will learn to:

Account for the impact of macroeconomic events and trends in your decision-making

Identify and evaluate a range of macroeconomic variables, policies, and financial indicators

Access tools and frameworks to navigate the economic influences affecting your business

Engage in problem-based learning to develop a critical intuition for macroeconomic trends

Benefit from the research and teaching of world-renowned economist, Professor Roberto Rigobo

Programme Audience

The program is designed for business professionals and leaders looking to understand the influence of macroeconomic trends on business, and who are seeking tools, concepts, and models to guide their decision-making.

If you’re an aspiring manager or an executive with strategic decision-making responsibilities, then a clear understanding of your broader business environment is fundamental to your role. However, macroeconomics is a field that has cross-industry applications, and knowledge of macroeconomic trends and fluctuations in the economy is useful for sound decision-making and advancement in any role.

We do not recommend this program to past participants of Understanding Global Markets: Macroeconomics for Executives . unless you are looking for a refresher.

Programme Benefits

Self-Paced

This course is delivered in our Self-Paced Online format which enables you to participate at your own pace within weekly modules. This course runs over 6 weeks with an estimated 6-8 hours per week of study time

Certificate

Earn a certificate of course completion from the MIT Sloan School of Management

Interactive

You will learn through a variety of formats including interactive videos, practice quizzes, presentations, assignments, and discussion forums

Support

You will have access to a Success Adviser who will help you manage your time, and support you with any administrative or technical queries you might have

Testimonials

"This program was exceptional enriching, insightful, and packed with up-to-date, cutting-edge content. Professor Roberto Rigobon is one of the finest lecturers Ive encountered; learning from him was an outstanding experience. The course offers a powerful set of tools that sharpen economic thinking in a way thats directly applicable to real-world business challenges. Highly recommended."

Anonymous

"Great Experience to understand modern Economics Developments through BBNN models, Latin Triangles and Social Peace Line to have clear understandings of modern world through a clear framework for todays new Frontiers (AI). Absolutely recommended!!"

Anonymous

"I went into this course with a view or assumptions of what macroeconomics meant and I'm walking away with confidence in my ability to better understand and force macroeconomic events such as financial or labor crisis, and what tools are out there to manage thru these. More importantly I'm walking away with a very strong passion for innovation as its the only sustainable mechanism for maintaining social peace, expanding GDP, and providing real wage growth, and managing current account and debt to GDP deficits."

Anonymous

"I have known Professor Roberto Rigobon from his lectures and his work in the past and when I started my journey it was an opportunity to take this course and no surprise. His ability to simplify the most complex material is stunting. Knowing the macro economy and be able to reason through the circumstances is a powerful tool for any executive ."

Anonymous

"The course expanded my knowledge and experience about different aspects of business economics including supply and demand, competitiveness, social pressure, labor economics, political impact, international trade, and many different aspects. Professional Roberto Rigobons wealth of knowledge is impressive and delievery of course is professional."

Anonymous

"It seems to me an error that the CV Trust certificate cannot be obtained to be able to link it on LinkedIn. If I found out that this is the case, I would not have taken the course."

Anonymous

"Great content and very engaging. The only complaint I have is I would prefer to have a way to communicate with the professor."

Anonymous

"I highly recommend this macroeconomics course to any business person to understand how to understand macroeconomic trends globally to make the right business decisions at the right time and in the right place. Prof. Rigobon give the best of himself in this course for high value for money!"

Anonymous

"Really good and informative course on macroeconomics and how to do basic economic research. Maybe could have used more questionsprompts where I have to connect what we learn to my specific jobindustry, but all in all pretty good."

Anonymous

"This course was the highlight of my week for 8 weeks. As a surgeon, I was completely ignorant of economic principles. Dr. Rigobon clearly has an outstanding fund of knowledge as he was able to this topic quickly down into bite size pieces that were easy to understand and apply. After 22 years of working in medical education, it was a pleasure to be his student. Thanks!"

Anonymous

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Prashansa Uttam

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+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

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Economics for Business | MIT Sloan