Economics for Managers: 03. Strategies for Economic Policies

Explore the dynamic world of economic policy and market failures in "Economics for Managers: 03." This course delves into economic theories, monetary and fiscal policies, and the interplay between banks and governments. Gain insights into labor, financial markets, and global economic challenges, equipping you for advanced career opportunities.

Reed courses certificate of completion

Digital certificate - Included

• Economic Policies and Natural Market Failure 56:07

  • 1: Course Text 27:00
  • 2: Economic Policies Preview 03:15
  • 3: The Transition of Monetary Policy to the Economy 02:34
  • 4: The Relationship between the Bank and the Government 01:42
  • 5: Fiscal Policy 01:10
  • 6: The Basics of Fiscal Policy 04:37
  • 7: What does Fiscal Policy Affect? 01:26
  • 8: Source of Market Failure 03:15
  • 9: Externalities 01:51
  • 10: Structural Market Failure 01:39
  • 11: Information Asymmetry 02:38
  • 12: Knowledge Quiz 05:00

Course Description:

Our Economics for Managers: 03. Strategies for Economic Policies & Addressing Market Failures course is designed to introduce the fundamental principles of economic theories, models, and tools employed by the government, firms, and other stakeholders to manage the economy. This course aims to assist in understanding how to analyze the labor market, financial market, and global economic issues, such as financial and other crises. We will cover Economic Monetary Policy; Fiscal Policy; The Relationship of Banks & Governments; Market Failures; and Externalities. By the end of this course, you will have broadened your understanding and skills in Economics. Training in this discipline can provide more opportunities for career advancement and allow you to explore some of the career options available in this exciting line of work.

Economics for Managers: 03. Strategies for Economic Policies & Addressing Market Failures is Part 3 of the 5-part extended Economics for Managers series presented by Sentinel|9. It features lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes. Gain excellent skills to help you manage your company and grow professionally by taking this course with others in the series.

Learning Outcomes:

• Demonstrate proficiency in formulating and assessing economic policies, including Monetary Policy and Fiscal Policy, to effectively influence economic growth and stability within organizations and industries.
• Evaluate the intricate relationship between banks and governments, understanding how interactions impact the broader economy and financial markets.
• Identify and address market failures and externalities, employing economic principles to develop strategies that mitigate adverse effects on businesses and society.
• Apply economic policy strategies to address financial and economic crises, enabling executives to respond effectively during challenging economic times.
• Utilize insights gained from economic analysis to optimize resource allocation within organizations, enhancing operational efficiency and strategic decision-making.
• Apply economic principles to develop sustainable growth strategies, taking into account long-term economic considerations, environmental factors, and societal impacts, ensuring responsible and enduring business development.

Course Completion:

• In this course, you will be tested by completing a knowledge quiz. You need to score at least 80%+ across the test to be eligible to satisfactorily mark the course as complete.

Course Level:

• All Levels

• Economist
• Business Managers
• Students
• Self Employed Individuals
• Start-up Companies
• Executives
• Entrepreneurs

• No prerequisites.
• No materials distributed.
• No formal assessments required.

• Administrator
• Banker
• Banking and Finance Professional
• Business Analyst
• Corporate Secretary
• Economist
• Financial Advisor/Analyst
• Financial Project Manager
• Government Officer
• Investment Manager
• Policy Officer
• Public Servant
• Quantitative Analyst
• Risk Manager
• Statistician
• Stockbroker