ECONOMICS FOR BUSINESS

Gain the tools to recognize and react to the economic forces shaping your business.

Duration

8 weeks, excluding
orientation

Effort

6-8 hours per week,
entirely online

Learning Format

Weekly modules,
flexible learning

Other Detail

Earn a digital
MIT Sloan certificate

ON COMPLETION OF THIS PROGRAM, YOU’LL WALK AWAY WITH:

1

A critical institution for macroeconomics, developed by engaging with real-world case studies, guided by economist Professor Roberto Rigobon.

2

The ability to apply your understanding of macroeconomic trends to your organization, with sound critical-thinking skills and decision-making tools.

3

The confidence to engage with current issues such as financial crises and technological developments, with the support of macroeconomic models and theory.

COURSE CURRICULUM

Module 1
The Global Economy

How do you correct a stalled economy?

Module 2
Consumer Confidence and Policy Effects

How can macroeconomic policies be designed to promote economic stability?

Module 3
Currencies, Crises, and Cryptos

Why do financial crises occur, and how can they be avoided?

Module 4
Measuring Economic Health: The Current Account

How do trade deficits and surpluses occur, and how can they be managed?

Module 5
Measuring Economic Health: The Labor Markets

How do you model the economic impact of fluctuations in unemployment and wages?

Module 6
Economic Shocks

What is the impact of external and internal shocks to an economy?

Module 7
Social and Political Factors

How do macroeconomic principles collide with social and political aspirations?

Module 8
Creating Economic Sustainability

What is the macroeconomic perspective of how to achieve sustainability?

 

Please note that module titles and their contents are subject to change during course development.

YOUR FACULTY DIRECTOR

Roberto Rigobon

Society of Sloan Fellows Professor of Management and Professor of Applied Economics, MIT

Rigobon is a Venezuelan economist whose areas of research are international, monetary, and development economics. Rigobon focuses on the causes of balance-of-payments crises, financial crises, and the propagation of them across countries — the phenomenon that has been identified in the literature as contagion. Currently, he studies properties of international pricing practices, trying to produce alternative measures of inflation. He is one of the two founding members of the Billion Prices Project, and a co-founder of PriceStats.

In addition to his work at MIT, Rigobon is also a research associate of the National Bureau of Economic Research, a member of the Census Bureau’s Scientific Advisory Committee, and a visiting professor at IESA.

"[This is a] tremendous course offering by MIT. The lectures, overall content, resources, and course-operating platform were extraordinary. World-class learning at its finest!"

Cori Jackson
Health Care Consultant, UNOS

AN ONLINE EDUCATION THAT SETS YOU APART

This MIT Sloan online program is delivered in collaboration with online education provider GetSmarter. Join a growing community of global professionals, and benefit from the opportunity to:

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Develop new competencies and earn valuable recognition from an international selection of universities and institutions, entirely online and on your own time frame.

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Enjoy a personalized, people-mediated online learning experience that supports you every step of the way.

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Experience a flexible but structured approach to online education as you plan your learning around your life to meet weekly milestones.

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