The course stresses the use of behavioural science based research to inform systematic diagnoses which, in turn, lead to specific courses of action. As you will work in and compete with global enterprises, we will apply our concepts and tools within and between countries. In the second half we will study how consumers and producers interact to form markets. The Corporate Strategy course helps participants appreciate the role of general managers in enhancing and sustaining corporate performance. The course covers the important analytical and conceptual approaches that are used to make business and corporate strategy decisions as well as the process through which these decisions are made and implemented.
Macroeconomic fluctuations influence the behaviour of firms, consumers and the government.
The objective of this course is to study the mechanisms leading to these fluctuations and to analyze the role and limitations of economic policy. The course covers short-term issues such as the business cycle, inflation, unemployment and trade balance disequilibrium, as well as longer term issues of growth and the international economy. The appropriate use of economic policy, including fiscal, monetary and exchange rate policies is discussed. The course is essential for people who want to make a career in corporate finance, investment banking, fund management or management consulting. The first part of the course develops the theory of international trade to complement the micro and macro economic theory studied in previous courses.