This course is intended to prepare MFRM students to be able to understand and monitor risks forthcoming from global and national macroeconomies. We will review a number of different sources of macroeconomic risk, both short-term and longer-term, and consider the likely greatest areas of risk over the next 5-10 years and beyond. We will examine how ongoing and 'real-world' macroeconomic analysis and forecasting are carried out, and by whom, and consider the best sources for keeping aware of key macroeconomic issues in a busy professional life.