Macroeconomics for Executives (Online): Navigating Global Risks and Trends

No business operates in a vacuum. Exchange rate volatility, fiscal and monetary policy, geopolitical uncertainty, trade conflicts: these represent just a sliver of the broad web of macroeconomic forces that can shape the future of your organization.

The wide-ranging consequences of the COVID-19 pandemic have reinforced the interconnectedness of our world. Citing lingering uncertainties about the progression of the pandemic, the United Nations said in a 2020 report that "the possibility of a slow recovery and prolonged economic slump — with rising poverty and inequality — looms large."

Now more than ever, positioning global organizations for sustained success requires the ability to detect and skillfully navigate key macroeconomic influences. The better professionals, executives, and strategists can understand the interdependencies of these macroeconomic forces, the better the decisions they can make for their organizations.

Nurturing this critical skill is the focus of Macroeconomics for Executives (Online): Navigating Global Risks and Trends, a ten-week online program from Columbia Business School Executive Education. Its foundation is the three-step Macro Scenario Playbook, which provides a framework to help make these big-picture concepts applicable to your business situation.

Through the successful completion of this online program, you will learn about macroeconomics for business management and how to improve your strategic decision-making in today's global economy to steer your organization toward a brighter future.

“As recent events have demonstrated, the world can change in extraordinary ways quite quickly. Now more than ever, executives and professionals — both new and experienced — must be equipped with advanced skills and knowledge to effectively seize new opportunities, navigate through uncertainty, and thrive in any environment.”

Orientation The first week is orientation week. You will have the opportunity to familiarize yourself with the learning platform and prepare for the program ahead.

Business Cycles and Monetary Policy Explore how boom/bust cycles and government monetary response affect your business.

Fiscal Stimulus and Fiscal Austerity Examine the influence of fiscal policy on your business.

Exchange Rates Discover how exchange rates move, why they matter for your business, and what the impact of various exchange rate regimes on the economy is.

Macroeconomic News and Financial Markets Learn to predict the likely impact of macroeconomic news on different asset prices.

Economic Growth in Advanced Economies Learn to identify sources of long-run economic growth and connect those factors to innovation, growth and productivity at your business.

Forecasting the Next Emerging Market Miracle Delve into the factors that can influence long-term growth in an emerging market.

Global Trade and Global Capital Flows Investigate the factors that go into international expansion and sourcing decisions.

Business Strategies in Recessions Discuss the strategic processes that promote success during economic crises.

Business Strategies in Pandemics Using a pandemic model, analyze the short- and long-term consequences of various crisis scenarios for your business.

Global economic trends impact all businesses that operate internationally—and even many businesses that do not. Staying competitive in a rapidly changing economic environment requires organizations to anticipate emerging and future threats and to respond proactively and intelligently.

In Macroeconomics for Executives (Online): Navigating Global Risks and Trends, you will explore how to make better strategic decisions to help your company thrive. The program cohort will include participants representing a breadth of geographies, industries, and professional experiences as well as job functions such as: