An understanding of Macroeconomics and how it applies to real world business decisions and investing is a must-have skill set for all stock traders today, regardless of trading method. Traders can not simply rely on the endless parade of special interest groups/corporations in the mainstream financial media, in order to make investment decisions. It is extremely important that stock traders understand: how to analyze Federal Reserve policy, what makes up the GDP calculation, international trade, and the strengths and limitations of Keynesian economic policy.
Paul Merage School of Business, University of California, Irvine, offers a course called The Power of Macroeconomics: Economic Principles in the Real World through Coursera.
Lance Jepsen has earned the The Power of Macroeconomics: Economic Principles in the Real World certificate by scoring 86.9% on the Power of Macroeconomics Final Exam and course.