Macroeconomics for Management
This eight-week online program offers you the opportunity to explore macroeconomics from a business perspective, guided by renowned economist Professor Roberto Rigobon.
This program is delivered in collaboration with GetSmarter. Please register on the GetSmarter website.
"An understanding of macroeconomics is fundamental to acting responsibly in industry, government, and as an individual." ― 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.
Earn a certificate of completion from the MIT Sloan School of Management in this online program and be empowered 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 Rigobon
This online program integrates rich, interactive media such as videos, infographics, and e-learning activities as well as traditional didactic components such as written study guides (program notes). There are also opportunities for collaborative learning through discussion forums. The following modules contribute to the holistic approach of your learning path:
WELCOME TO YOUR ONLINE CAMPUS: one week You’ll be welcomed with a personal call and get introduced to your online teaching and technical support network. Begin connecting with fellow participants while exploring the navigation and tools of your Online Campus. Be alerted to key milestones in the learning path, and review how your results will be calculated and distributed.You’ll be required to complete your participant profile, confirm your certificate delivery address, and submit a digital copy of your passport/identity document.
MODULE 1: INTRODUCTION TO MACROECONOMICS Assess how monetary policy and fiscal policy can be used to stabilize the economy and understand the impact of policy on inflation and deflation.
MODULE 2: CONSUMER CONFIDENCE AND THE MACROECONOMY Debate the efficacy of monetary policies in specific contexts of recessions, booms, and financial crises.
MODULE 3: CURRENCIES, CRISES, AND CRYPTOS Assess the function of currencies and the role of the banking system in the economy.
MODULE 4: MEASURING EXTERNAL EQUILIBRIUM Understand the impact of macroeconomic policies, wages, exchange rates, and demand fluctuation on a country’s exports, imports and the current account.
MODULE 5: MEASURING INTERNAL EQUILIBRIUM Evaluate the causes of economic disequilibrium and understand the workings of labor markets.
MODULE 6: ECONOMIC SHOCKS Judge the impact of economic shocks on the labor market, wages, exports, imports, and the economy in general.
MODULE 7: SOCIAL PEACE AND POPULISM Debate the efficacy of macroeconomic approaches to maintaining social peace, and their relationship with the political system.
MODULE 8: CREATING ECONOMIC SUSTAINABILITY Reflect upon how the values of individuals, corporations, and governments impact the sustainability of macroeconomic systems.'
This executive program integrates rich interactive media—such as videos, infographics, and e-learning activities—as well as traditional didactic components such as written study guides (course notes). There are opportunities for collaborative learning through discussion forums.
The program begins with an Orientation to welcome you to the Online Campus. During Orientation, you will explore your analysis environment, become comfortable with your new online classroom, meet your Success Team, and get to know your fellow classmates. Watch the video about the online campus experience > After Orientation, the course is broken down into six manageable, weekly modules, designed to accelerate your learning process through diverse learning activities:
- Work through your downloadable and online instructional material
- Interact with your peers and learning facilitators through weekly class-wide forums and small group discussions
- Enjoy a wide range of interactive content, including video lectures, infographics, live polls, and more
- Investigate rich, real-world case studies
- Apply what you learn each week to quizzes and ongoing project submissions
Each module is released weekly, allowing a flexible but structured approach to learning. You’ll be supported as you engage in individual activities and group discussions, ensuring you feel confident to submit your best work at each weekly deadline. The time commitment is estimated at 6-8 hours per week, self-paced and entirely online.
SUCCESS TEAM Throughout the course of the program, you will be supported by a team of professionals.
- Head Facilitator: A subject expert who’ll guide you through content-related challenges
- Success Manager: Your one-on-one support available during MIT hours (9am - 5pm EST) to resolve technical and administrative challenges
- Global Success Team: Available 24/7 to solve your tech-related and administrative queries and concerns
Who should attend
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.