Economics for Managers: 02. Understanding Macroeconomic Factors

Economics for Managers: 02. Understanding Macroeconomic Factors

Sentinel|9 Training Portal
Updated Jun 13, 2024

What you'll learn

  • Demonstrate a nuanced understanding of various macroeconomic theories and models used by governments, firms, and stakeholders to effectively manage the economy at a macro level.
  • Employ advanced knowledge to analyze and interpret aggregate supply and demand dynamics, enabling executives to identify economic trends and make well-informed strategic decisions.
  • Evaluate key economic indicators, such as GDP, economic growth, employment, and inflation, to gain insights into the overall economic health and identify potential opportunities and challenges for organizations.
  • Utilize macroeconomic insights to develop effective business strategies, optimize resource allocation, and navigate through the complexities of changing economic landscapes.
  • Grasp the interdependencies of global economic factors, enabling executives to make sound decisions in an increasingly interconnected and dynamic global economy.
  • Devise strategies to mitigate potential economic risks, including financial crises and inflation, and implement measures to safeguard organization's financial stability and sustainability.
Course Description

Our Economics for Managers: 02. Understanding Macroeconomic Factors course is designed to introduce the fundamental principles of economic theories, models, and tools employed by the government, firms, and other stakeholders to manage the economy. This course aims to assist in understanding how to analyze the labor market, financial market, and global economic issues, such as financial and other crises. We will cover Macroeconomics; Aggregate Supply & Demand; GDP; Economic Growth; Employment; and Inflation. By the end of this course, you will have broadened your understanding and skills in Economics. Training in this discipline can provide more opportunities for career advancement and allow you to explore some of the career options available in this exciting line of work.

Economics for Managers: 02. Understanding Macroeconomic Factors is Part 2 of the 5-part extended Economics for Managers series presented by Sentinel|9. It features lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes. Gain excellent skills to help you manage your company and grow professionally by taking this course with others in the series.