Utilizing Economic Indicators to Predict and Analyze Trends ON DEMAND

Overview

The array of economic indicators and their impact on financial markets might seem overwhelming, filled with complex data and implications. However, after completing Michael Walker’s course, your perspective on economic indicators will be fundamentally transformed. Acting as a bridge, this course takes you from a basic understanding to a comprehensive grasp of these indicators. You will learn to identify the phases of the business cycle, understand the role of various economic conditions, and recognize the tools for monitoring economic indicators. This course covers the unique characteristics of financial markets, the calculation of interest rates, and the impacts of GDP components. Additionally, you will explore the Federal Reserve’s role in financial markets and how monetary policy affects the U.S. money supply. By the end of this course, you will not only be able to calculate unemployment rates and inflation but also interpret the economic impact of various reports, positioning you as a knowledgeable professional capable of navigating the complexities of economic indicators and their implications in the financial world.

Highlights

Economics indicators and business cycles. Financial markets and interest rates. GDP and monthly indicators. Federal reserve and monetary indicators. Unemployment and consumer indicators. Inflation and productivity indicators. Industrial and commercial indicators. International trade indicators.

Prerequisites

None.

Designed For

CPAs, auditors, consultants, and financial and managerial professionals.

Objectives

Identify the four phases of the business cycle. Indicate how various economic conditions impact the business cycle. Identify the types of economic indicators that exist and recognize the unique characteristics of each type. Recognize tools that are currently available to monitor economic indicators. Identify the unique characteristics of financial markets. Recognize the types of financial instruments traded in various financial markets. Calculate ‘simple’ and ‘compound’ interest. Identify how a bond’s stated interest rate and its yield-to-maturity impacts the price at which it is traded. Recognize how interests can vary based on the risk structure of interest rates. Identify how a yield curve illustrates the term structure of interest rates, and more.

Preparation

None.

Notice

None.