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MIT Sloan School of Management: Economics for Business
Identify the economic forces shaping your business and make informed decisions that drive change.
Identify the economic forces shaping your business and make informed decisions that drive change.
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Want to know more? Enter your information to learn more about this course from GetSmarter (an edX partner).
Economics for Business
About this Course
Large-scale economic trends can profoundly affect businesses of all sizes, whether it’s inflation, governmental policy, or changes in market demand. For contemporary organizations to remain competitive, executives must account for the impact in their strategic decision making. The Economics for Business online program from MIT Sloan offers you the opportunity to explore economics from a business perspective, guided by renowned economist Professor Roberto Rigobon. You’ll be exposed to an engaging mix of case studies, narratives, and problem-solving activities designed to build your understanding of macroeconomics. On completion, you’ll be able to apply your knowledge to interpret and manage economic change within your organization.
The program is geared toward business professionals and leaders looking to understand the influence of economic trends on business and seeking tools, concepts, and models to inform their decision making. Aspiring managers and executives with decision-making responsibilities stand to benefit from an understanding of the broader business environment. The cross-industry applications of macroeconomics are beneficial for business professionals aiming to enhance their knowledge of economic trends and advance their careers.
Acquire the ability to identify and respond to the economic forces influencing your business and earn an official certificate of completion from the MIT Sloan School of Management.
This program also counts toward an MIT Sloan Executive Certificate, which you can earn upon completion of four programs where at least three of the four come from your chosen certificate track and at least one is completed in person. Find full details here.
Some facts about the subject
Macroeconomics and business
“An understanding of macroeconomics is fundamental to acting responsibly in industry, government, and as an individual.”
— Roberto Rigobon, Faculty Director
6 years
It takes entrepreneurs this much longer to start a business in the bottom 50 ranked economies as opposed to the top 20.
World Bank Group (2020).