LFA190 Economic Indicators and Financial Markets
1. Course Overview
This one-day course gives an introduction to understanding fundamental economic principles and how to apply these to the interpretation and use of economic indicators and their role as drivers of financial markets.
2. Who will gain from the course
This course is aimed at new entrants to the financial sector who have no background in economics but need to gain an understanding of the economic environment and how it impacts on the financial sector.
3. Prerequisite Knowledge Required
Basic financial knowledge.
4. Structure of the Course
Topics to be covered include:
- Markets and their role in resource allocation, price and profit signals
- An introductory analysis of the market for foreign exchange
- Macroeconomic objectives; growth, employment, inflation and the balance of payments
- Fiscal policy and the issue of fiscal stance
- Monetary policy, inflation targetting and policy rules
- Supply side policy, productivity and costs
- The construction and interpretation of economic indicators
- Key UK and US indicators and the economics underpinning them
- Interest rates, yield curves and expectations
- Equities, innovation, dividends and future growth
- Fixed income securities and interest rate expectations
- Market sentiment and economic data
5. Course Delivery
Teaching will take place in dedicated seminar rooms, IT labs and the Bloomberg Research and Trading Room. Courses will normally be delivered to small groups of up to 15 participants to facilitate learning.
By the end of the course, participants will have a thorough understanding of the importance of economic indicators for financial decision-making.
7. VenueLondon Financial Academy,
London Metropolitan University,
84 Moorgate, London EC2M 6SQ