Author : | Michael J Walker, CPA |
Course Length : | Pages: 110 ||| Review Questions: 90 ||| Final Exam Questions: 85 |
CPE Credits : | 17.0 |
IRS Credits : | 0 |
Price : | $127.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry |
Technical Designation: | Technical |
Primary Subject-Field Of Study: | Finance - Finance for Course Id 865 |
Description : | Economic indicators are those often-voluminous statistics released by government agencies, non-profit organizations and even private companies. They provide measurements for evaluating the health of our economy, including the latest business cycles, consumer spending, inflation, housing, and so on. Various economic indicators are released quarterly, monthly, weekly, and even daily. This course provides an introductory overview of the world’s most prevalent economic indicators, including those related to unemployment, consumer sentiment and confidence, inflation, productivity, housing, manufacturing, and international trade. This course reviews the impact that changes in these indicators have on the financial markets and monetary policy. |
Usage Rank : | 23333 |
Release : | 2023 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Economic Indicator: Definition and How to Interpret
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 29-Sep-2023 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - NASBA Registry - 865 |
Keywords : | Finance, Economic, Indicators, Comprehensive, Overview, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives After completing this course, participants should be able to:
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
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Course Contents : | Chapter 1 Economic Indicators and Business Cycles 1.1 The Business Cycle 1.1.1 Business cycle defined 1.1.2 Phases of the business cycle 1.1.3 Causes of a recession 1.2 Introduction to Economic Indicators 1.2.1 Economic indicators defined 1.2.2 Classification by timing 1.2.3 Classification by direction 1.2.4 What the indicators indicate 1.2.5 Monitoring economic indicators Chapter 2 Financial Markets and Interest Rates 2.1 Overview of Financial Markets 2.1.1 What are financial markets? 2.1.2 Market participants 2.2 Structure of Financial Markets 2.2.1 Debt and equity markets 2.2.2 Primary and secondary markets 2.2.3 Exchanges and over-the-counter markets 2.2.4 Money and capital markets 2.3 Key Financial Markets 2.3.1 Stock market 2.3.2 Bond market 2.3.3 Commodities markets 2.3.4 Foreign exchange markets 2.4 Overview of Interest Rates 2.4.1 What are interest rates? 2.4.2 Simple and compound interest 2.4.3 Fixed and floating interest rates 2.4.4 Annual percentage rates (APR) 2.4.5 Yield-to-maturity (YTM) 2.5 Determination of Interest Rates 2.5.1 Money supply and demand 2.5.2 Interest rates and risk 2.5.3 Yield curves Chapter 3 GDP and Monthly Indicators 3.1 Gross Domestic Product (GDP) 3.1.1 GDP defined 3.1.2 Measuring GDP using the expenditure approach 3.1.3 Measuring GDP using other approaches 3.1.4 Nominal GDP vs. Real GDP 3.1.5 The GDP Report 3.2 Economic Indicators and GDP Components 3.2.1 Consumer fundamentals 3.2.2 Investment fundamentals 3.2.3 Government expenditure fundamentals 3.2.4 Net export fundamentals Chapter 4 Federal Reserve and Monetary Indicators 4.1 The Federal Reserve System 4.1.1 Federal Reserve Banks 4.1.2 Member Banks 4.1.3 Board of Governors 4.1.4 Federal Open Market Committee (FOMC) 4.1.5 Federal Advisory Council (FAC) 4.2 Monetary Policy 4.2.1 Open market operations 4.2.2 Reserve requirements 4.2.3 Discount lending 4.2.4 Economic impact of monetary policy 4.3 The Money Supply 4.3.1 Money supply measures 4.3.2 History of the money supply and monetary policy 4.4 Following the Fed 4.4.1 The FOMC Statement 4.4.2 The Beige Book 4.4.3 Monetary Policy Report to the Congress Chapter 5 Unemployment and Consumer Indicators 5.1 The Unemployment Rate 5.1.1 Defining unemployment 5.1.2 Calculating the unemployment rate 5.1.3 Criticisms of measuring unemployment 5.2 The Employment Situation Report 5.2.1 The household survey 5.2.2 The establishment survey 5.2.3 Comparing household and establishment employment 5.2.4 Market reaction to the employment situation report 5.3 Other Employment Indicators 5.3.1 Unemployment Claims Report 5.3.2 ADP Employment Report 5.3.3 Monster Employment Index 5.4 Consumer Sentiment and Confidence 5.4.1 Consumer Sentiment Index 5.4.2 Consumer Confidence Index 5.5 Personal Income and Outlays 5.5.1 Personal income 5.5.2 Disposable personal income 5.5.3 Personal spending 5.5.4 Personal savings Chapter 6 Inflation and Productivity Indicators 6.1 Tracking Inflation 6.1.1 The effects of inflation 6.1.2 Calculating an annual rate of inflation 6.1.3 Deflation and disinflation 6.2 Inflation Measures 6.2.1 Consumer Price Index 6.2.2 Core inflation index 6.2.3 Producer Price Index (PPI) 6.2.4 Market reaction to inflation measures 6.3 Inflation and Commodities 6.3.1 Commodities and commodity exchanges 6.3.2 Commodity prices and inflation 6.4 Productivity and Economic Growth 6.4.1 Labor productivity 6.4.2 Aggregate production function 6.5 Productivity Indicators 6.5.1 Productivity and Costs Report 6.5.2 Employment Cost Index Report 6.4.3 Market reaction to productivity indicators Chapter 7 Industrial and Commercial Indicators 7.1 Industrial Production 7.1.1 Industrial production and capacity utilization 7.1.2 Durable goods orders 7.1.3 Factory orders 7.1.4 Market reaction to industrial production indicators 7.2 Housing and Construction 7.2.1 New residential construction (a.k.a. housing starts) 7.2.2 Existing home sales 7.2.3 New residential sales 7.2.4 Market reaction to housing and construction indicators Chapter 8 International Trade Indicators 8.1 Introduction to International Trade 8.1.1 Imports, exports, and the balance of trade 8.1.2 Absolute and comparative advantage 8.1.3 Specialization and the gains from trade 8.2 International Trade Report 8.3 Measuring Trade Balances 8.3.1 Components of the current account balance 8.3.2 The balance of trade as the balance of payments 8.4 Summary of International Transactions Glossary |