Strategy and Innovation
Understanding Global Markets: Macroeconomics for Executives
Dates: Jun 11-12, 2012| Oct 23-24, 2012
Certificate Track: Strategy and Innovation
Participant Ratings
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
- Consultants
| 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 | xternal 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 |
Videos:
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Title: Professor Roberto Rigobon on his predictions about the European economic crisis
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
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Title: Participant Discussion: Pedro Pablo Andreu on Understanding Global Markets
Description: Participant Pedro Pablo Andreu discusses his experience at Understanding Global Markets. Learn more about the program at http://executive.mit.edu/mac
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Title: Participant Discussion: Jenny Li on Understanding Global Markets
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
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Title: Professor Roberto Rigobon on Understanding Global Markets
Description: Roberto Rigobon discusses the macroeconomics and international economics concepts addressed in Understanding Global Markets
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Title: Professor Roberto Rigobon's research
Description: An overview of the Professor Roberto Rigobon's research.
Links:
- http://bpp.mit.edu/
- http://web.mit.edu/newsoffice/2011/3q-rigobon-world-markets-0907.html
- http://mitworld.mit.edu/video/212
- http://web.mit.edu/rigobon/www/Robertos_Web_Page/Research.html
- http://online.wsj.com/article/SB10001424052748704804504575606801972873866.html
- http://www.bloomberg.com/video/64633800/
- http://www.newyorker.com/talk/financial/2011/05/30/110530ta_talk_surowiecki
- http://www.economist.com/blogs/americasview/2012/02/measuring-inflation
I am a Sr. Executive who has two undergraduate degree's, one in enegineering and one in business, has done an MBA and has 25 year of experiance in industry. However, I was faking my way through truely understanding Marco Economics. Sure I got some of the concepts and understand global markets on the surfface, but not confidently. This course really brought a new light to the subject and I can now speak confidently concerning macroeconomic issues and most importantly use this knowledge in a powerful way in my decision making. Proffessor Roberto Rigabon has a gift for explaining Marco Economics in simple language that you can easily understand, something very few people in this world can do! He does this with a touch of humor, which makes the whole experiance unforgetable. All of this is combined with the opprotunity to put your newly aquired knowledge to action so that it is not jsut somehting you enjoyed listening to, but a skill you leave with the ability to apply. I enjoyed every aspect of this course. In closing I would add that you do not only gain knowledge of macro economic systems, but you also learn of groundbreaking applications and thinking that will strech to mind of those who do grasp the basisc concepts!
Fantastic program and great job by Prof Rigobon.
This is a terrific class. Roberto makes complex global macroeconomic elements very intuitive. The analytical frameworks he presents are very practical and applicable. Roberto is one of the most engaging teachers I have encountered.
This is by far the best program that I have taken thus far at MIT. Roberto's ability to keep the pace of the class moving forward is impressive, as is the research that he is associated with. The material that I received from this course was very valuable for me, and has changed how I look at macroeconomic indicators from now on. Thanks Roberto!
Prof. Roberto Rigobon perfectly understands how to explain macroeconomic principles in a practical way that is comprehensive and tangible for the audience. His passionate view on dos and dont's of different policy choices makes this program highly recommendable.