Professor Robert Godby, Interim Dean and Associate Professor of Economics at the University of Wyoming, returns once again as guest lecturer to dispense knowledge on Macroeconomics – one half of the two-parter Foundation to Economics subject – to our eager first semester MBA candidates. Typically conducted in person, the blocked lectures were organized fully online to accommodate COVID-19 travel restrictions and uncertainties.
Starting with the basics of macroeconomics models, the lectures covered theories and measurements to real world economies, application of economic data (i.e., GDP measurement, price level computation, unemployment rate) to business, business cycles, growth, and policy, along with money as a concept.
Students weren’t limited to theory learning. On the practical end, a good part of the sessions saw Professor Godby exhaustively and rigorously explain and demonstrate the application of the AS-AD model to medium plus long-run neoclassical as well as short-run Keynesian macroeconomic theory to current economic topics.
It is vital and logical for business students to understand the causes and consequences of macroeconomic conditions for the economy as this will ultimately impact business decisions.
The combination of looking back at macroeconomic history, reviewing current global economic trends, Professor Godby’s expertise in the field and engagement in active discourse interspersed with snippets of the lecturer’s personal economic-linked anecdotes made the lecture sessions highly interactive, relevant, and enjoyable!

Text: Michelle Ahras, Class of 2023
Pictures / screenshots: MBA, pixabay