Why should an MBA student, study Macroeconomics
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Why should an MBA student, study Macroeconomics ?. Why should an MBA student, study Macroeconomics ?. Because you need to understand the national and international economic environment that you are functioning in. You need to know:. Why should an MBA student, study Macroeconomics ?.

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Why should an MBA student, study Macroeconomics ?

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Introduction 2385

Why should an MBA student, study Macroeconomics ?


Why should an mba student study macroeconomics

Why should an MBA student, study Macroeconomics ?

Because you need to understand the national and international economic environment that you are functioning in. You need to know:


Why should an mba student study macroeconomics1

Why should an MBA student, study Macroeconomics ?

  • your suppliers


Why should an mba student study macroeconomics2

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers


Why should an mba student study macroeconomics3

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors


Why should an mba student study macroeconomics4

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system


Why should an mba student study macroeconomics5

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations


Why should an mba student study macroeconomics6

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations

  • how to interpret economic decisions made by the:


Why should an mba student study macroeconomics7

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations

  • how to interpret economic decisions made by the:

    • congress,


Why should an mba student study macroeconomics8

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations

  • how to interpret economic decisions made by the:

    • congress,

    • the president, and


Why should an mba student study macroeconomics9

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations

  • how to interpret economic decisions made by the:

    • congress,

    • the president, and

    • the Federal reserve system


Why should an mba student study macroeconomics10

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations

  • how to interpret economic decisions made by the:

    • congress,

    • the president, and

    • the Federal reserve system


Why should an mba student study macroeconomics11

Why should an MBA student, study Macroeconomics ?

  • your suppliers

  • customers

  • competitors

  • legal system

  • regulations

  • interpret economic decisions made by the:

    • congress,

    • the president, and

    • the Federal reserve system

  • the overall health of the economy.


What is macroeconomics

What is macroeconomics ?

macroeconomics is the study of the economy as a whole.


What is macroeconomics1

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of


What is macroeconomics2

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of

  • total output


What is macroeconomics3

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of

  • total output

  • growth rate of the GDP


What is macroeconomics4

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of

  • total output

  • growth rate of the GDP

  • inflation rate


What is macroeconomics5

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of

  • total output

  • growth rate of the GDP

  • inflation rate

  • unemployment rate


What is macroeconomics6

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of

  • total output

  • growth rate of the GDP

  • inflation rate

  • unemployment rate

  • foreign sector


What is macroeconomics7

What is macroeconomics ?

macroeconomics is the study of the economy as a whole. It is the study of

  • total output

  • growth rate of the GDP

  • inflation rate

  • unemployment rate

  • foreign sector

  • exchange rate


Distinguishing features of macroeconomics

Distinguishing Features of Macroeconomics ?

  • Data is aggregated to see the big picture rather than small economic units


Distinguishing features of macroeconomics1

Distinguishing Features of Macroeconomics ?

  • Data is aggregated to see the big picture rather than small economic units

  • Role of money is of critical importance to understanding macroeconomics


Macroeconomic facts the us

Macroeconomic Facts: The US

1-- Output and employment have been steadily increasing throughout the history


Macroeconomic facts the us1

Macroeconomic Facts: The US

2-- Unemployment Rate [The ratio of those who are unemployed and are interested in and are looking for gainful employment but do not have jobs to total labor force] varies for year to year. We are interested in learning:


Macroeconomic facts the us2

Macroeconomic Facts: The US

2-- Unemployment Rate [The ratio of those who are interested in gainful employment but do not have jobs to total labor force] varies for year to year. We are interested in leaning:

  • what determines the long run output and employment


Macroeconomic facts the us3

Macroeconomic Facts: The US

  • Unemployment Rate [The ratio of those who are interested in gainful employment but do not have jobs to total labor force] varies for year to year. We are interested in leaning:

    • what determines the long run output and employment

    • what causes year to year fluctuations in unemployment rates


Macroeconomic facts the us4

Macroeconomic Facts: The US

3-- Money growth and Inflation seems to be very closely move together, most of the time.


Macroeconomic facts the us5

Macroeconomic Facts: The US

4-- Balance of Trade [the difference between exports and imports] has been negative and rising. Does this mean that the rest of the world is more competitive or it has something to do with the US government budget deficits? More discussion in chapter 5.


Macroeconomic facts the us6

Macroeconomic Facts: The US

5-- Exchange Rates [value of one currency in terms of another] have been widely fluctuating. But an index of all exchange rates show


Macroeconomic facts the us7

Macroeconomic Facts: The US

5-- Exchange Rates [value of one currency in terms of another] have been widely fluctuating. But an index of all exchange rates show

  • a sharp rise in the first half of 1980s followed


Macroeconomic facts the us8

Macroeconomic Facts: The US

5-- Exchange Rates [value of one currency in terms of another] have been widely fluctuating. But an index of all exchange rates show

  • a sharp rise in the first half of 1980s followed

  • a sharp reversal in the rest of the period until


Macroeconomic facts the us9

Macroeconomic Facts: The US

5-- Exchange Rates [value of one currency in terms of another] have been widely fluctuating. But an index of all exchange rates show

  • a sharp rise in the first half of 1980s followed

  • a sharp reversal in the rest of the period until

  • a rise in the mid 1990s again.


Key economic issues

Key Economic Issues

1-- What factors influence long term growth


Key economic issues1

Key Economic Issues

1-- What factors influence long term growth

2-- Why output and employment deviate from the long term trend


Key economic issues2

Key Economic Issues

1-- What factors influence long term growth

2-- Why output and employment deviate from the long term trend

3-- Role of money in affecting output, prices, and employment


Key economic issues3

Key Economic Issues

1-- What factors influence long term growth

2-- Why output and employment deviate from the long term trend

3-- Role of money in affecting output, prices, and employment

4-- What are proper role of macro policy


Key economic issues4

Key Economic Issues

1-- What factors influence long term growth

2-- Why output and employment deviate from the long term trend

3-- Role of money in affecting output, prices, and employment

4-- What are proper role of macro policy

5-- The two way relationship between interdependence (Globalization), trade and exchange rates


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