Answer questions such as
– What is Gross Domestic Product or GDP? Are there better ways of evaluating economic performance? Why do some countries grow and some don’t? Why do they stagnate? Why haven’t all countries become developed? What is going on in Japan?
– What is inflation? How many different types of inflation are out there? How does one control it?
– What is a central bank? What is monetary policy? What is fiscal policy? Why is one preferred to the other?
– If interest rates are close to zero in many countries, can I not borrow there and put it in a deposit in India or lend in India and earn 10%? What can go wrong?
– What is a global reserve currency? Is the dollar about to lose its almighty status? What does it take for a currency to become a global reserve currency?
Learn macroeconomic basic concepts, national income, inflation and its drivers, exchange rates, monetary and fiscal policy
Students, faculty, working professionals. No particular educational background is necessary. Proficiency in English is essential and a bachelor’s degree is desirable. Background in economics will be useful but not compulsory
Comprehend what you hear in business-news channels and newspapers