Understanding the Economy ON DEMAND

Overview

Understanding the economy and coping with the economic environment is critical in today’s business performance, which is a major concern for managers and investors. The course addresses macro-economic factors that may affect a business’s performance. Macro-economic factors include business cycles, interest rates, economic policy, inflation, unemployment, housing starts, money supply, and foreign exchange rates. For example, how the Fed’s monetary policy affects corporate earnings is stressed. A variety of economic statistics and indicators are also explained in depth.

Highlights

Understanding Economic Data and Indicators. Microeconomics and Macroeconomics. Private and Public Sectors. Economic systems and policy. Basic concepts-supply and demand. Inflation and Deflation. Unemployment and Full Employment. Measuring Economic Activity. Investment. Net Exports. Money, Financial Markets and the Banking System. Income and Interest Rates. Tools for Monetary Policy. Aggregate Supply and Demand Equilibrium. Gains and Trade. Supply Side Economics.

Prerequisites

None.

Designed For

CPAs.

Objectives

Identify economic trends and indicators. Recognize sources of economic data/variables to be analyzed. Distinguish between the private and public sector of the economy. Recognize elements of economic systems. Identify the goals of economic policies. Recognize the relationship between economic decisions and marginal measures. Identify different economic concepts and decisions. Identify economic issues of unemployment and inflation. Recognize the factors of unemployment and the business cycle. Recognize key elements in the money supply. Identify different measures of GDP. Recognize equilibrium outputs and income and natural interest rates. Identify the components of investment, and more.