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Overview
This three day program will provide an understanding of the macroeconomic variables, policies that affect businesses with a specific reference to India.
Objectives
- To understand the key variables describing a country’s macro economy, and the inter-relationships between these variables
- To discuss the recent performance of these variables and how their performance is modulated by the government’s fiscal and monetary policies & how these variables affect the firms’ domestic business environment
- To understand the world trade and financial system, India’s exposure to and interface with the same, and how domestic and foreign economic policies impact trade performance
- To know the Indian tax system, the Union budget and their role in operationalizing the government’s economic policies.
Content
- Basic concepts in macroeconomics: National income concepts such as GDP and GNP, aggregate demand and its components, measurement of inflation etc.
- Monetary Policy: Components of money, the role of the Central Bank, role of monetary policy to counter business cycles.
- Fiscal Policy: Union budget, Different types of taxes, Budget deficits, role of fiscal policy to counter business cycles.
- External Sector: Balance of payments, exchange rate determination, important drivers of exchange rate and international parity relationships.
- WTO and India’s international trade: Overview of WTO, Regional trade agreements, India’s international trade and trade policies.
- International monetary system: evolution of international monetary system with focus on Bretton Woods System of exchange rate. A case sudy on Indian Rupee Crisis will be taken up to to understand the application of concepts deceloped in the programme.
Sep 19 To Sep 21 2022
Venue: Indore
Brochure & Application
Enquiry and Registrations
Management Development Programmes (MDP) Office
Indian Institute of Management Indore
Prabandh Shikhar, Rau-Pithampur Road
Indore 453556, Madhya Pradesh, INDIA
Email : mdp@iimidr.ac.in
Tel. : +91-731-2439750, 2439752, 2439753, 24397544
Fax : +91-731-2439800
For Whom
Business journalists, financial analysts, management consultants, finance executives, accountants, bankers, and any manager interested in improving his / her macroeconomic literacy. No previous knowledge of economics is required.
Residential Fee
45000
GST, as applicable, will be additional
Programme Coordinator
Prof. Ganesh Kumar N.
Email: ganesh@iimidr.ac.in
Phone: +91-731-2439552