Strategy and Innovation
Understanding Global Markets: Macroeconomics for Executives
Dates: Jun 03-04, 2013| Oct 21-22, 2013
Certificate Track: Strategy and Innovation
This program will introduce participants to some of the most important concepts in macroeconomics and international economics today. The material will be offered in four sections that form a comprehensive economist's viewpoint: the role that central banks play in the global economy; the forces that drive financial sectors and financial crises; how and why countries trade, and why trade is a source of conflict; and lastly, the considerations that should be part of all international business decisions.
Join the MySloanExecEd Community Group for this program to network with past, present, and future participants.
Many participants attend this program along with Dynamics of Globalization.
The program is designed to help executives understand and predict the medium-to long-run performance of economies in order to mitigate risk, develop growth plans, and make investment decisions, both locally and abroad. Participants will leave the program with a better understanding of the global economic environment, and learn to recognize the effects of the economy on their companies, so that their business decisions may be informed and appropriate. The tools and frameworks presented in this program will enable participants to:
- Understand the nature and behavior of financial crises
- Learn to interpret financial indicators
- Recognize economic trends
- Predict likely actions of central banks and governments
- Make informed off-shoring decisions
- Be successful in international investments
Every senior manager needs to understand why economic changes take place and how to interpret them in the context of their own organization. Managers who will benefit from this program the most are:
- C-level executives of smaller or mid-size companies
- General managers
- Business unit managers in multinational companies
- VPs of ﬁnance, operations, human resources, marketing, and sales
- Strategic planning managers
|DAY One SAMPLE|
|07:45 AM - 08:30 AM||Registration and Continental Breakfast|
|08:30 AM - 12:00 PM||Welcome and Introduction, The Short Run: The Babysitter|
|12:00 PM - 01:00 PM||Luncheon|
|01:00 PM - 05:00 PM||External Sustainability, Day 1 Review and Assignment|
|05:00 PM - 06:00 PM||Reception|
|DAY Two SAMPLE|
|07:45 AM - 08:30 AM||Continental Breakfast|
|08:30 AM - 10:00 AM||Discussion on Off Shoring Exercise|
|10:15 AM - 12:00 PM||Flexible Exchange Rates: The Central Bank as Babysitter|
|12:00 PM - 01:00 PM||Luncheon|
|01:00 PM - 04:00 PM||Financial Crisis & Europe|
Description: Professor Roberto Rigobon shares his predictions for the European economic crisis. Learn more about his programs Dynamics of Globalization http://executive.mit.edu/dyn and Understanding Global Markets http://executive.mit.edu/mac
Description: Participant Pedro Pablo Andreu discusses his experience at Understanding Global Markets. Learn more about the program at http://executive.mit.edu/mac
Description: Participant Jenny Li discusses why she chose to attend Understanding Global Markets and MIT Sloan Executive Education. Learn more about the Understanding Global Markets program at http://executive.mit.edu/mac
Description: Roberto Rigobon discusses the macroeconomics and international economics concepts addressed in Understanding Global Markets
Description: An overview of the Professor Roberto Rigobon's research.
What a great course! Macroeconomics explained simply and effectively by a very dynamic teacher. I still talk about the subject with everyone whenever I can, even after a month of following the program. This is more than a course: it's an experience.
Roberto is an amazing professor, making easy to uderstand global complex macroeconmics problems. His original approach to understand crisis and how it propagues to other countries, along with his particular framework to understand better counries to manufacture or open a service business become critical tools to operate in a global market
This was an exceptional program. In the course of 2 days Roberto helped us break down complex economic principles and problems and understand their component parts. Skillfully taught, inspiring and very useful - thank you for a great learning experience
It was so great to bring economical theories to a simple understanding level to lead to a better understanding in decision making!
excellent teacher, did not use to think macroeconomics was interesting nor intuitive, but Roberto does a good job of making it easy and appealing!