This course will give you the tools to answer questions like: How does rising inflation affect the demand for businesses’ products or their ability to hire and retain workers? How much control does the government have over inflation and can politicians really create jobs? What does it mean for business and workers when the Fed starts raising interest rates?
We will build a unified framework, explore data and discuss current research that allows MBA students to answer these sorts of questions and to develop an understanding of how the broad economic environment affects business outcomes. We will then apply this framework to understand historical episodes like the Great Recession as well as to evaluate the importance to businesses of current macroeconomic phenomena such as rising inflation, tightening monetary policy, large pandemic recovery packages, and global supply chain issues arising from the pandemic and international conflict. The applied focus of this course makes it valuable even for those students who have taken previous macroeconomics courses as undergraduates.
