MACRO & MICRO ECONOMICS FOR BUSINESS PROFESSIONALS
Available Dates & Locations
COURSE OVERVIEW
This training course aims to provide participants with a broad understanding of macroeconomics and microeconomics and how they apply to businesses. The course covers essential economic concepts, such as supply and demand, market structures, inflation, economic growth, and international trade. Through interactive lectures, case studies, and group discussions, participants will develop analytical skills to evaluate macroeconomic and microeconomic factors affecting business decisions.
COURSE OBJECTIVES
By completely attending this course, participants will be able to:
- Understand the principles of macroeconomics and microeconomics and how they apply to business.
- Explain how economic factors impact business operations and decision-making.
- Analyze how supply and demand impact business decisions.
- Analyze the effectiveness of monetary and fiscal policy in achieving macroeconomic objectives.
- Evaluate different market structures and their impact on businesses.
- Understand the role of international trade in the global economy and its impact on businesses.
TARGET COMPETENCIES
- Definitions and Applications of Macro and Microeconomics
- Demand & Supply in Business
- Market Structures
- Monetary and Fiscal Policies
- Leading Economic Indicators
- International Trade
- Macroeconomic Risk Management
This course is suitable for business professionals who want to gain a better understanding of how economics affects their industry and their organization. It is also appropriate for individuals who are considering pursuing a career in business or economics.
The course will be delivered through a combination of lectures, case studies, and group discussions. Participants will have the opportunity to apply the concepts learned to real-world business scenarios, and to engage in critical thinking and analysis.
