Economy: The basics
Even minor fluctuations in an economy can have a knock-on effect at every level of society, and can affect the job security and future income as well as financial markets,.
People working in the financial and banking industry must understand and be able to analyse the economic and financial environment.
People working in the financial and banking industry must understand and be able to analyse the economic and financial environment.
Prérequis
Students should have a good knowledge of banking and finance.
Description
Public
Anyone interested in the financial industry and economics.Objectifs
By the end of this course students should be able to :(*) have basic knowledge of economics by utilising and understanding the adequate terms.
(*) understand, analyse and interpret economic statistics, financial reports and the financial press.
Contenu
FUNDAMENTALS OF ECONOMICS(*) Defining economics
(*) The 10 principles of economics
MICROECONOMICS AND MACROECONOMICS
(*) Difference between microeconomics and macroeconomics
(*) Economic growth
(*) National account
(*) Inflation, stagflation, deflation, hyperinflation
BUSINESS CYCLES AND ECONOMIC CYCLES
(*) Defining cycles
(*) Economic Data
(*) How to read and analyse economic data
(*) Economic indicators : leading, coincidence, lagging
Central Banks
(*) Their role and mission
Méthode et supports
Interactive courses, practical exercises and case studies.(*) Books: N. Gregory Mankiw : Principles of Economics; Samuelson & Nordhaus : Economics(*) Teacher?s handouts
(*) Articles from the press and economic studies
Intervenants
Professionals in the field, selected on the basis of their expertise and skills.Evaluation et titre décerné
Written exam with certificate of successful completion (minimum grade required 4).Dates et inscription
Durée et organisation
Total 17 periods
This is a blended learning course consisting of:
Lessons given by a lecturer (synchronious learning)
- Classes begin at 18h15 one or two evenings per week, 2 to 4 periods of 45 minutes (written exam one period)
- Certain sessions might be given by Videoconference, via Zoom, please consult the detailed timetable for more information or contact the gestionnaire de cours
E- learning (using our platform smartacademy - asynchronious learning) :
- The student works independently and in their own time through the online courses, as directed by lecturer (between 2 to 4 periods a week)
