Economics Indicators - Part 2

Economics Indicators - Part 2

Overview

This eCourse consists of two modules. Economists and market analysts supplement GDP reports with a number of other economic indicators that are designed to interpret and forecast the business cycle. These indicators – leading, coincident, and lagging – are the focus of Module 1.

Module 2 looks at a number of inflation and employment indicators in detail, and describes how these reports filter through to affect the prices of various financial instruments. A number of real-life examples from recent years are included to demonstrate how inflation and employment data impact financial markets in practice.

Objective

On completion of this course, you will be able to:
- Describe the four phases of the business cycle (expansion, peak, recession, and trough)
- Explain how leading indicators can be used to forecast turning points in the business cycle
- Identify the coincident indicators that are used to summarize the actual current state of the economy
- Describe how lagging indicators are used to confirm or refute inferences drawn from leading and coincident indicators
- Describe the consumer price index (CPI) and other inflation indicators, and recognize the importance of such data for the financial markets
- Explain the significance of the various labor market statistics, including those contained in much-watched monthly employment reports

Content

Module 1: Economic Indicators - Business Cycles
Topic 1: The Business Cycle
Topic 2: Leading Indicators
Topic 3: Lagging Indicators
Topic 4: Coincident Indicators

Module 2: Economic Indicators - Inflation & Employment
Topic 1: Inflation Indicators
Topic 2: Employment Indicators

Details

Code
TEBFE17000201
Venue
ePlatform
Language
English
Level
Introductory
Hours
SFC:2.5, PWMA:2.5
Fees
All Member: HK$650
Non-Member: HK$925
Staff of Corporate Member: HK$650