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.
Dr. Peter Navarro, Professor, Paul Merage School of Business, University of California, Irvine, offers a course called The Power of Macroeconomics: Economic Principles in the Real Worldopens in a new window through Coursera.
Dr. Peter Navarro received his PhD in economics from Harvard University in 1986 and has been a business professor at the University of California-Irvine since 1988. Dr. Navarro has co-authored with former White House economic adviser Glen Hubbard Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperityopens in a new window. In this nonpartisan book about the global macroeconomic environment, Hubbard and Navarro take on the most important problem of our age, a decade-long pattern in which the American economy has grown below its full potential, giving rise to fears about the nation’s future prosperity.
Dr. Navarro’s best-selling volumes include the ground-breaking management strategy books The Well-Timed Strategyopens in a new window and Always A Winneropens in a new window, the stock market investing classic If It’s Raining in Brazil, Buy Starbucksopens in a new window, and his provocative series on China, including The Coming China Warsopens in a new window and Death By Chinaopens in a new window.
Professor Navarro is also a frequent media commentator. His articles have appeared in publications such as Business Week, Harvard Business Review, The New York Times, and The Wall Street Journal; and he is frequently seen on CNBC, CNN, MSNBC, and the major network news shows.
Lance Jepsen has earned the The Power of Macroeconomics: Economic Principles in the Real World certificate from Professor Navarro by scoring 86.9% on the Power of Macroeconomics Final Exam and course.