Economics for Financial Advisors
51mBeginner2025-01-16
Authors
Corporate Finance Institute (CFI)
Course details
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.
Skills covered
Corporate FinanceFinance and AccountingOne-Off
Concepts
Economics for Financial Advisors
- 01 - Introduction to the course
- 02 - What exactly is economics
1. Fundamentals
- 03 - Drivers of decision making in an economy
- 04 - Gross domestic product (GDP)
- 05 - Drivers of gross domestic product (GDP)
2. Business Cycles
- 06 - Anatomy of a business cycle
3. Recessions
- 07 - What is a recession
4. Economic Influencers
- 08 - Governments and central banks
- 09 - Inflation and monetary policy
- 10 - Ideal targets for a stable economy
5. Economic Indicators
- 11 - Economic indicators
- 12 - Formulating your economic view
6. Interpreting Economic Data
- 13 - Interpreting economic data - Exercise instructions
- 14 - Interpreting economic data - Exercise 1
- 15 - Interpreting economic data - Exercise 2
- 16 - Interpreting economic data - Exercise 3
Conclusion
- 17 - Economics for financial advisors course summary