Fundamental Economic Analysis

Economic Analysis - Part 5

Overview

This eCourse consists of three modules. Module provides a high-level overview of business cycles and highlights the impact they may have on governments, households, companies, and financial markets.

Module 2 provides a high-level overview of the role of leading, coincident, and lagging economic indicators in predicting the business cycle.

Module 3 provides a high-level overview of the balance of payments account and the role of trade in the global economy.

Objective

On completion of this course, you will be able to:
- Define the business cycle and list its phases
- Define recessions and recognize their potential causes
- List the policies governments may pursue during recessions
- Determine the impact of the business cycle on financial markets, including equities, fixed-income, currencies and commodities
- Identify the impact of the business cycle on financial markets
- Determine the role of economic indicators in predicting business cycles
- Define leading indicators and recognize their role in predicting business cycles
- Define coincident indicators and recognize their role in predicting business cycles
- Define lagging indicators and recognize their role in predicting business cycles
- Define the balance of payments and how it measures the global flow of goods, services and capital
- Identify the components of the balance of payments account
- Define trade imbalances and their role in balance of payments crises
- List key international trade indicators

Content

Module 1: Business Cycles – An Introduction
Topic 1: Overview of Business Cycles
Topic 2: Recessions
Topic 3: Business Cycles & Markets
Topic 4: Case Study: The Great Recession

Module 2: Business Cycle Indicators
Topic 1: Predicting Business Cycles
Topic 2: Leading Indicators
Topic 3: Coincident Indicators
Topic 4: Lagging Indicators

Module 3: Trade Indicators
Topic 1: Balance of Payments Fundamentals
Topic 2: Balancing Act
Topic 3: Trade Indicators

Details

Code
TEBFE19001101
Venue
ePlatform
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
Type 6 - Advising on corporate finance
Type 7 - Providing automated trading services
Type 8 - Securities margin financing
Type 9 - Asset management
Type 10 - Providing credit rating services
Type 11 - Dealing in OTC derivative products or advising on OTC derivative products
Type 12 - Providing client clearing services for OTC derivative transactions
Language
English
Level
Introductory
Hours
SFC:3.00, PWMA:3.00
Fees
All Member: HK$855
Staff of Corporate Member: HK$855
Non-Member: HK$1260