Program Objectives
This course has been designed to help participants make practical sense of the many complex economic terms, concepts and trends in the world today.
Delivered over two days, the course objective is to understand what many of the major economic indicators measure and how they are interpreted by financial markets.
The program of study will cover areas such as: mainstream and alternative measures of employment, economic output and growth; fiscal policy and the impacts of government stimulus; measures of inflation and the reasons policy makers fear it; monetary policy and the role of central banks; and foreign exchange, trade, investment flows and the balance of payments.
Students will be able to:
· Identify the types of economic data
· Interpret and analyze the effects of influential economic indicators
· Decipher the role and language of central banks
· Identify and analyze the imbalances between the United States and China
· Critique comments made by policy makers
· Identify the roles of international financial institutions
Program suited for
The course is designed for those with limited experience in economics
Day 1
Introduction
· Macro & Micro Economics Concepts
· Types of economic data
· Finding economic data
Measuring and interpreting influential economic indicators
· Output and production
· Private investment – Domestic & International
· Government spending
· Employment
· Productivity
· Price indices and inflation
· Leading economic indicators
Human Resource Index
· HDI – its calculations & interpretations
· Types of unemployment
· Poverty Data
· Environmental Data
Day 2
Central Bank and Monetary Policy
· Function of a central bank
· Understanding monetary policy
· The Reserve Bank of India
· Basel / BIS
· Does inflation matter
· Analysis of a RBI Statement
Trade, Balance of Payments and Foreign Exchange
· Current Account
· Financial account and the balance of payments
· - Case: Does the U.S. need India or does India need the U.S.
· Exchange rate policies in India
· - Case: China (Yuan)
International Financial Institutions
· International monetary fund
· FII and its impact on India
· World bank
· Proposals for domestic and international reforms – with reference to current Indian scenario
· Topic: Micro Finance
DURATION & TIMING:
2 Day
9:30 to 5:30
FEE:
Rs. 5500/- + 10.30% (Service Tax + Education Cess) per participant inclusive of course material, tuition fees, snacks and lunch.
PROGRAMME COORDINATOR
Nadeem Alam
For further details regarding contents, Contact:
Phone: 022 - 2272 8303, 6136 3155
E-mail: training@bseindia.com
