MBA Update: Macroeconomic Analysis and Public Policy

School and work have kept me too busy to post for a while! I have finished one year of the MBA program so will try to catch up on class overviews while I’m technically on break before January’s classes begin.

What is Macroeconomics?

This course analyzes how national and global economic conditions, fluctuations in the level of economic activity and various economic policies affect the general business environment. Topics include business cycles; interrelationship among the private, public and foreign sector balances; the determination of national income, employment and the price level under the light of modern macroeconomic theories. The government’s stabilization tools (fiscal and monetary policy) are seamlessly integrated into the analysis.

A few lessons

• Firms and Growth
• Growth in Developed and in Developing Countries
• Households: Labor-Leisure Decision
• Households: Consumption-Saving Decision
• Business Cycles
• Central Banks
• Inflation and FX

The course goals:

1. To provide you with an understanding of the functioning of the broad economy, and the role that government policies play in driving long-term growth and in mitigating business cycles.
2. Emphasis is placed on the practical application of the material with the aim of building professional specialists whose knowledge can be readily used in business organizations.
3. By the end of this course you will understand the components and connection between the sectors that comprise the macroeconomy: households, firms, foreign sector and government.

Materials:

Davis, Morris, Macroeconomics for MBAs and Masters of Finance, Cambridge University Press

I started the online MBA program at Montclair State University in January 2017.