Mô tả

Professor Navarro’s unique and internationally recognized expertise lies in his ‘big picture’ application of a highly sophisticated but easily accessible macroeconomic analysis of the business cycle and stock and bond markets for corporate executives and investors. 

In this course, "Prof Navarro" weds business and financial market strategies with the principles of macroeconomics. In doing so, he offers 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.

The central idea behind this course is to help you profitably manage over the ups and downs of the business cycle and the related stock and bond market cycles -- whether you are a corporate executive, a financial market advisor or analyst, or perhaps a blue-collar worker or retiree worried about how economic conditions may affect your wages and value of your pension.

As a corporate manager or executive, you should always be thinking about whether a recession might be coming.  What should you look for?  If the recession comes, what kind of management decisions should you make?

Often times, in a recession, the kneejerk corporate reaction is to do just the opposite of what profitability says you should do.  For example, the kneejerk reaction is often to fire people; but a recession can offer great opportunities to "cherry pick" the best of the talent that other companies are all too quickly casting off.

Similarly, corporate executives tend to cut back dramatically on capital expenditures during recessions.  Yet, investing in new plant and equipment during a recession can position a company to reap great rewards through more innovative and efficient production.

There are similar questions and lessons for financial advisors and managers -- or just plain "folk" managing their own personal and retirement portfolios.  For example, how can you avoid the pain of a bearish stock market that typically is the harbinger of recession?  And when might be the best time to shift your portfolio more to bonds? 

This course will help you think through all of these questions and thereby position you for greater stability and prosperity across the range of global economic conditions.   So, let's roll our sleeves and get to work!

Bạn sẽ học được gì

Learn the basic principles of macroeconomics from a strategic point of view

Learn how to apply macroeconomics in your daily personal and business life

Understand how to forecast and manage your company over the business cycle

Understand how macroeconomic events affect stock, bond and financial markets

Better manage your personal finances and economic choices

Yêu cầu

  • This course is freshman level college and above but available to all advanced high schools students as well

Nội dung khoá học

10 sections

Introduction

7 lectures
An Overview of Modern Macroeconomics in 7 Modules: 58 Minutes
04:22
Lecture 1, Module 2: Macroeconomics in Your Business and Personal Lives
09:08
Lecture 1, Module 3: Microeconomics versus Macroeconomics
05:12
Lecture 1, Module 4: The Big Macroeconomic Issues, Part One
10:25
Lecture 1, Module 5: The Big Macroeconomic Issues, Part Two
04:43
Lecture 1, Module 6: Tax, Trade, Exchange Rate, and Regulatory Policies
12:21
Lecture 1, Module 7: Forecasting the Business Cycle
11:38

Lesson Two: The Aggregate Supply-Aggregate Demand Model

9 lectures
Lesson Two, Module 1: Introduction
05:38
Lesson Two, Module 2: A Price or Income Adjustment Mechanism
03:17
Lesson Two, Module 3: The Emergence of John Maynard Keynes
04:12
Lesson Two, Module 4: Say's Law
06:47
Lesson Two, Module 5: The Quantity Theory of Money
07:55
Lesson Two, Module 6: The Aggregate Supply-Aggregate Demand Model
03:37
Lesson Two, Module 7: Why the Aggregate Demand Curve Slopes Downward
08:03
Lesson Two, Module 8: Why the Aggregate Demand Curve Shifts
11:14
Lesson Two, Module 9: Shifts in the Aggregate Supply Curve
11:23

Lesson Three: The Keynesian Model & Fiscal Policy

8 lectures
Lesson Three, Module 1: Fiscal Policy & the Business Climate
05:57
Lesson Three, Module 2: The Coming of John Maynard Keynes
07:33
Lesson Three, Module 3: Analysis of the Keynesian Model, Part One
11:49
Lesson Three, Module 4: Analysis of the Keynesian Mode, Part Two
12:36
Lesson Three, Module 5: The Keynesian Expenditure Multiplier
08:25
Lesson Three, Module 6: Closing Inflationary and Recessionary Gaps
05:11
Lesson Three, Module 7: Closing an Inflationary Gap, Tax Cuts vs. Govt. Spending
07:08
Lesson Three, Module 8: The Keynesian Model, Then and Now
07:18

Lesson Four: Monetary Policy and Business Strategy

10 lectures
Lesson Four, Module 1: What is Monetary Policy?
07:10
Lesson Four, Module 2: All About Interest Rates
07:39
Lesson Four, Module 3: The Kinds and Functions of Money
04:09
Lesson Four Module 4: Determinants of Money Demand
05:31
Lesson Four, Module 5: How Paper Money is Created and the Money Multiplier
07:53
Lesson Four, Module 6: The Money Supply Multiplier & Where Money Comes From
06:44
Lesson Four, Module 7: The Nuts and Bolts of Monetary Policy
07:51
Lesson Four, Module 8: Monetary Policy to Close Recessionary & Inflationary Gaps
05:51
Lesson Four, Module 9: Monetary Versus Fiscal Policy
03:53
Lesson Four, Module 10: Monetary Policy & Strategic Business & Money Management
12:46

Lesson Five: Inflation and the Warring Schools of Macroeconomics

8 lectures
Lesson Five, Module 1: Two Types of Inflation and the Keynesian Dilemma
07:20
Lesson Five, Module 2: The Core Rate of Inflation and Inflationary Expectations
07:45
Lesson Five, Module 3: The Phillips Curve and Inflationary Spirals
06:40
Lesson Five, Module 4: Natural Unemployment Rate, Monetarist View of Spirals
12:19
Lesson Five, Module 5: Monetarist, Keynesian, Supply Side Inflation Cures
10:51
Lesson Five, Module 6: New Classical Economics and Rational Expectations
11:11
Lesson Five, Module 7: Three Ranges of the Economy
05:55
Lesson Five, Module 8: Strategic Management of Inflation Risk
11:09

Lesson Six: Growth in the Developed and Developing Worlds

9 lectures
Lesson Six, Module 1: Overview of the Four Wheels of Growth
06:52
Lesson Six, Module 2: The Four Wheels of Growth in Detail
07:21
Lesson Six, Module 3: Classical Growth Models of Adam Smith and Thomas Malthus
09:23
Lesson Six, Module 4: Neoclassical Growth Model & Technological Change
12:13
Lesson Six, Module 5: Growth in Developing Nations
04:38
Lesson Six, Module 6: The Quantity and Quality of Human Resources
06:37
Lesson Six, Module 7: The Blessing and Sometimes Curse of Natural Resources
06:02
Lesson Six, Module 8: Importance of Capital Formation and Technological Change
05:14
Lesson Six, Module 9: Development Strategies to Break the Vicious Cycle of Pover
06:40

Lesson Seven: International Trade & Its Gains and Losses

9 lectures
Lesson 7, Module 1: An Introduction to the Business of International Trade
03:30
Lesson 7, Module 2: The Language and Jargon of International Trade
11:22
Lesson 7, Module 3: The Theory of Absolute Advantage
03:42
Lesson 7, Module 4: Why Comparative Advantage Trumps Absolute Advantage
06:55
Lesson 7, Module 5: A Production Possibilities Analysis of Comparative Advantage
09:32
Lesson 7, Module 6: The Economics and Politics of Protectionism, Part One
10:35
Lesson 7, Module 7: The Economics and Politics of Protectionism, Part Two
08:10
Lesson 7, Module 8: The Pros and Cons of Protectionism
07:16
Lesson 7, Module 9: Limitations of the Ricardian Free Trade Model & a Case Study
05:42

Lesson Eight: Exchange Rates, The Balance of Payments, and Trade Deficits

11 lectures
Lesson Eight, Module 1: Introduction to Exchange Rates
04:01
Lesson Eight, Module 2: Balance of Payments Accounting -- The Current Account
07:11
Lesson Eight, Module 3: Balance of Payments Accounting -- The Capital Account
06:01
Lesson Eight, Module 4: Exchange Rates Defined
06:59
Lesson Eight, Module 5: Why Exchange Rates Move -- Part One
08:51
Lesson Eight, Module 6: Why Exchange Rates Move -- Part Two
08:13
Lesson Eight, Module 7: Floating vs. Fixed Rates & Gold Specie Flow Adjustment
09:46
Lecture 8, Module 8: Hume's Theory & the Gold Standard in the Real World
06:19
Lesson Eight, Module 9: The Dollar Standard and Its Collapse
06:12
Lesson Eight, Module 10: Today's Hybrid System, Currency Blocs, and Fixed Pegs
09:09
Lesson Eight, Module 11: Global Spillover Effects of Fiscal & Monetary Policy
08:24

Lesson Nine: Macroeconomics and Public Finance

7 lectures
Lesson Nine, Module 1: An Overview of the Macroeconomics of Public Finance
07:47
Lesson Nine, Module 2: Accurately Measuring the Debt Burden
04:18
Lesson Nine, Module 3: The Structural Versus Cyclical Budget Deficit
07:46
Lesson Nine, Mod 4: Cyclical vs. Structural Deficit - Policies to Balance Budget
08:23
Lesson Nine, Module 5: Three Ways to Finance Budget Deficits -- Part One
06:05
Lesson Nine, Module 6: Three Ways to Finance Budget Deficits -- Part Two
08:05
Lesson Nine, Module 7: The Pros and Cons of Budget Deficits
06:23

Lesson Ten: Strategic Business Cycle Managing and Investing

7 lectures
Lesson Ten, Module 1: An Introduction to Strategic Business Cycle Management
04:43
Lesson Ten, Module 2: A Simple Forecasting Model for Business Execs & Investors
08:20
Lesson Ten, Module 3: The GDP Forecasting Model in Action
07:15
Lesson Ten, Module 4: Strategic Marketing & Operations & Supply Chain Management
09:58
Lesson Ten, Module 5: Strategic CAPEX, Corporate Finance & Credit Management
05:41
Lesson Ten, Module 6: Strategic Acquisitions & Divestitures and HR Management
05:49
Lesson Ten, Module 7: Well Timed Investment Strategies Over the Business Cycle
11:20

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