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Macroeconomics for Business Management

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  • (1 Reviews)
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Macroeconomics for Business Management

The course aims to help students and participants to understand basic concepts of macroeconomics that may affect their personal and business plans.

  • 5 Rating
  • (1 Reviews)
  • 0 User Enrolled
  • ₨8,000.00
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  • Course Includes
  • Open textbook under a Creative Commons License (CC...
  • Complete lesson plans along with easy-to-understan...
  • Recorded Lectures
  • Interactive case studies and projects
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 reminder
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Muhammad Waqas Khan
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What you will learn

  • Understand the concept of GDP and its importance for businesses established in a country
  • Analyze the GDP by breaking down its key components
  • Understand the importance of inflation, monetary policy, balance of payments, and real exchange rate for a country’s mac...
  • Understand how to make connections between those concepts and try to make good use of them when establishing your busine...

Course Content

8 sections • 8 lectures •
Module Introduction - by Muhammad Waqas

Module 1: Basic Concepts of GDP

Description

Welcome to the Macroeconomics for Business Management course! During this first week, we will cover the concept of Gross Domestic Product, why it is crucial for your business plan as it is also considered to be the income of the country, and one of its components, household consumption.

Learning Outcomes:

  • Describe the concept of Gross Domestic Product (GDP) using the knowledge provided in this module
  • Distinguish the main components of the GDP by using the concepts provided in this module
  • Determine what is the consumption component of the GDP

Assignments:

  • Describe the concept of Gross Domestic Product (GDP) using the knowledge provided in this module
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Module Introduction - by Muhammad Waqas

Module 2: GDP Consumption

Description:

During this second week, we will continue the analysis of the Gross Domestic Product components, covering investments and government. Mainly how investors in gross capital formation make their decision using some key elements such as real interest rates (cost of opportunity) and confidence

Learning Outcomes:

  • What is basic concept GDP?
  • Why GDP Is Important Factor For the country growth?
  • What is the impact of GDP on Interest rates?

Assignments:

Distinguish the main components of the GDP by using the concepts provided in this module.

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