Economics for Financial Advisors

Understanding the mechanics and drivers of global economies and being able to develop and express a clear and well-thought-out opinion is an essential part of being a knowledgeable financial advisor. This course explains the fundamental drivers of consumer decision-making and how these decisions impact an economy. Learn about GDP—what it is and how changes to it are driven by static effects and shock that ultimately drive business cycles. Find out the key stages of a business cycle and what key economic leading and lagging indicators help predict or confirm what stage an economy is in. Plus, learn how to differentiate the role of fiscal versus monetary policy and what institution is responsible for each, and how to interpret what impact interest rate fluctuations have on inflation and the economy.