Strategic Business Management - Macroeconomics

University of California, Irvine

About this Course

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This course weds business strategy with the principles of macroeconomics. It offers valuable a powerful toolbox together with cases and lessons across all major functions of business, management, from finance, operations management, and marketing to human resource management, organizational behavior, statistics, and, of course, business strategy.

Learner Career Outcomes

50%

got a tangible career benefit from this course

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Approx. 26 hours to complete

English

Subtitles: French, Portuguese (European), Russian, English, Spanish

Instructor

Instructor rating

5/5 (16 Ratings)

Dr. Peter Navarro

Professor

Paul Merage School of Business

383,704 Learners

6 Courses

Learner Career Outcomes

50%

got a tangible career benefit from this course

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Beginner Level

Approx. 26 hours to complete

English

Subtitles: French, Portuguese (European), Russian, English, Spanish

Offered by

University of California, Irvine

Since 1965, the University of California, Irvine has combined the strengths of a major research university with the bounty of an incomparable Southern California location. UCI’s unyielding commitment to rigorous academics, cutting-edge research, and leadership and character development makes the campus a driving force for innovation and discovery that serves our local, national and global communities in many ways.

Syllabus - What you will learn from this course

Week

Week 1

3 hours to complete

An Overview of Modern Macroeconomics

3 hours to complete

8 videos (Total 68 min), 2 readings, 1 quiz

8 videos

Macroeconomics: Introduction to the Power of Macroeconomics7m

From Macro Problems and Tools to Strategic Business Cycle Management4m

Macroeconomics in Your Business and Personal Lives9m

Microeconomics vs. Macroeconomics5m

The Big Macroeconomic Issues, Part One10m

The Big Macroeconomic Issues, Part Two4m

The Major Macroeconomic Policy Tools12m

The Ups and Downs of the Business Cycle11m

2 readings

Syllabus10m

Weekly Topics1h

1 practice exercise

Lesson 115m

Week

Week 2

2 hours to complete

The Aggregate Supply-Aggregate Demand Model

2 hours to complete

9 videos (Total 64 min), 1 reading, 1 quiz

9 videos

Introduction5m

A "Price Adjustment Mechanism" or Income Adjustment Mechanism?3m

The Emergence of John Maynard Keynes4m

Say's Law7m

The Quantity Theory of Money8m

The Aggregate Supply-Aggregate Demand Model3m

Why the Aggregate Demand Curve Slopes Down8m

Why the AD Curve Shifts11m

Shifts in the Aggregate Supply Curve11m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 215m

Week

Week 3

2 hours to complete

The Keynesian Model and Fiscal Policy

2 hours to complete

8 videos (Total 69 min), 1 reading, 1 quiz

8 videos

Fiscal Policy and the Business Climate6m

The Coming of John Maynard Keynes7m

The Analysis of the Keynesian Model, Part One12m

Analysis of the Keynesian Model, Part Two13m

The Keynesian Expenditure Multiplier8m

Closing Recessionary and Inflationary Gaps5m

Closing An Inflationary Gap and Tax Cuts Versus Government Spending7m

The Keynesian Model Then and Now7m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 315m

Week

Week 4

2 hours to complete

Monetary Policy and Business Strategy

2 hours to complete

10 videos (Total 71 min), 1 reading, 1 quiz

10 videos

What is Monetary Policy?7m

All About Interest Rates7m

The Kinds and Functions of Money4m

Determinants of Money Demand5m

How Paper Money is Created and the Money Multiplier8m

The Money Supply Multiplier and Where Money Comes From6m

The Nuts and Bolts of Monetary Policy8m

Using Monetary Policy to Close Recessionary and Inflationary Gaps6m

Monetary Versus Fiscal Policy4m

Monetary Policy and Strategic Business and Money Management12m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 415m

Week

Week 5

2 hours to complete

Inflation and the Warring Schools of Macroeconomics

2 hours to complete

8 videos (Total 75 min), 1 reading, 1 quiz

8 videos

Two Types of Inflation and the Keynesian Dilemma7m

The Core Rate of Inflation and Inflationary Expectations7m

The Phillips Curve and Inflationary Spirals6m

The Natural Rate of Unemployment and Monetarist View of Inflationary Spirals12m

Monetarist, Keynesian, and Supply Side Inflation Cures11m

New Classical Economics and the Theory of Rational Expectations11m

The Three Ranges of the Economy6m

Strategic Management of Inflation Risk11m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 515m

Week

Week 6

2 hours to complete

Growth in the Developed and Developing Worlds

2 hours to complete

9 videos (Total 65 min), 1 reading, 1 quiz

9 videos

Overview of the Four Wheels of Growth7m

The Four Wheels of Growth in Detail7m

The Classical Growth Models of Adam Smith and Thomas Malthus9m

The Neoclassical Growth Model and Importance of Technological Change12m

Growth in Developing Nations4m

The Quantity and Quality of Human Resources6m

The Blessing and Sometimes Curse of Natural Resources6m

The Importance of Capital Formation and Technological Change5m

Development Strategies To Break The Vicious Cycle of Poverty6m

1 reading

Reading List1h

1 practice exercise

Lesson 615m

Week

Week 7

2 hours to complete

International Trade and the Gains (and Losses) From Trade

2 hours to complete

9 videos (Total 67 min), 1 reading, 1 quiz

9 videos

An Introduction To The Business of International Trade3m

The Language and Jargon of International Trade11m

The Theory of Absolute Advantage3m

Why Comparative Advantage Trumps Absolute Advantage6m

A Production Possibilities Frontier Analysis of Comparative Advantage9m

The Economics and Politics of Protectionism, Part One10m

The Economics and Politics of Protectionism, Part Two8m

The Pros and Cons of Protectionism7m

The Limitations of Ricardian Free Trade in the Real World and the Case of China5m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 715m

Week

Week 8

3 hours to complete

Exchange Rates, The Balance of Payments, and Trade Deficits

3 hours to complete

11 videos (Total 81 min), 1 reading, 1 quiz

11 videos

Introduction4m

Some Balance Payments Accounting - The Current Account7m

More Balance of Payments Accounting - The Capital Account6m

Exchange Rates Defined6m

Seven Reasons Exchange Rates Move - Part One8m

Seven Reasons Exchange Rates Move - Part Two8m

Floating Versus Fixed Exchange Rates & David Hume's Gold Specie Flow Adjustment Mechanism9m

Hume's Theory and the Gold Standard of the Real World6m

The Dollar Standard and Its Collapse6m

Today's Hybrid Exchange Rate System, Currency Blocs, and Fixed Pegs9m

The Global Spillover Effects of Fiscal and Monetary Policy8m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 815m

Week

Week 9

2 hours to complete

Macroeconomics and Public Finance - The Budget Deficit Dilemma

2 hours to complete

7 videos (Total 49 min), 1 reading, 1 quiz

7 videos

An Overview of Public Finance7m

Accurately Measuring the Debt Burden4m

The Structural Versus Cyclical Budget Deficit7m

The Cyclical Versus Structural Deficit and Policies to Balance the Budget8m

Three Ways to Finance Budget Deficits, Part One6m

Three Ways to Finance Budget Deficits, Part Two and the Balanced Budget Multiplier8m

Budget Deficit Pros and Cons6m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 915m

Week

Week 10

2 hours to complete

Strategic Business Cycle Managing and Investing

2 hours to complete

7 videos (Total 53 min), 1 reading, 1 quiz

7 videos

Introduction to Strategic Business Cycle Management4m

A Simple Forecasting Model for Business Executives and Investors8m

The GDP Forecasting Model in Action7m

Strategic Marketing and Operations and Supply Chain Management9m

Capital Investment, Corporate Finance, and Credit Management5m

Acquisition and Divestitures, Human Resources Management5m

Well-Timed Investment Strategies Over the Business Cycle11m

1 reading

Weekly Topics1h

1 practice exercise

Lesson 1015m

Week

Week 11

2 hours to complete

Finals Week

2 hours to complete

1 practice exercise

Final Exam2h

Frequently Asked Questions

When will I have access to the lectures and assignments?
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The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
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Strategic Business Management - Macroeconomics