Economic indicators are often collected by a government agency or private business intelligence organization in the form of a census or survey, which is then analyzed further to generate an economic indicator.

US$62 per 365 days

 

What are Economic Indicators:

Politicians and commentators frequently use economic indicators to support their opinion on economic policy. Economic data is also widely quoted in the media and companies use it to help plan future production and delivery of goods and services.

Most of us are familiar with the usual suspects of GDP, unemployment levels, and inflation as economic indicators. However, there is a large variety of economic indicators available. The public availability of reliable and up-to-date economic data is valuable to a variety of stakeholders.

Some indicators are valuable to governments as they can influence economic policy. Some are valuable to investors as they can predict how financial markets might move to an acceptable degree of certainty. Businesses are keen to predict how consumer demand may increase or decrease in the future. Other indicators are more useful to analysts as a reflective tool, and to analyze historical or cross-sectional data.

Publicly available information can also reassure international investors by allowing them to monitor economic developments and to manage their investment risk.

Why it is important:

The impact of economic indicators on our lives is all-encompassing. It’s rare to read a news article, listen to a podcast, or have a discussion with a colleague without an economic indicator creeping into the conversation. Economic growth (or lack of), the price of goods and services, and employment opportunities are a few topical issues that come up time and time again.

As a financial market professional, and as a consumer, it is extremely valuable to have an awareness of economic indicators. This course will show you how economic indicators are compiled, why they’re useful, and how to interpret them. As economic data has such a significant impact on financial markets, this course should be particularly useful to those working directly with securities.

What will you learn:

  1. Basics of Economic Indicators.
  2. Compilation and Publication.
  3. Composite Indexes.
  4. Numerical techniques.
  5. Complications in Computation.
  6. The Business Cycle.
  7. Types of Indicators.
  8. Performing Country Comparisons.
  9. Labor Market Indicators.

Target audience:

Finance professionals, bankers, compliance and audit staff, and personnel looking to further their knowledge of Economic Indicators.

Curriculum:

  1. Economic Indicators Basics
  2. Economic Indicators Interpretation
  3. Economic Indicators Compilation and Publications
  4. Economic Indicators Trends
  5. Economic Indicators Index Numbers
  6. Economic Indicators Composite Indexes
  7. Economic Indicators Numerical Techniques
  8. Economic Indicators Complications in Computation
  9. Economic Indicators The Business Cycle
  10. Types of Indicators
  11. Interpreting GDP Basics
  12. Interpreting GDP Expenditure Measure
  13. Interpreting GDP Expenditure Measure
  14. Interpreting GDP Income Measure
  15. Interpreting GDP Output Measure
  16. Interpreting GDP Alternative Measures
  17. Adjusting GDP Preforming Country Comparisons
  18. Inflation Indicators Basics
  19. Inflation Indicators Consumer Price Index (CPI)
  20. Inflation Indicators Interpreting the CPI
  21. Inflation Indicators Alternatives to the CPI
  22. Labor Market Indicators (Part 1)
  23. Labor Market Indicators (Part 2)
  24. Labor Market Indicators Interpreting the Data
  25. Economic Indicators Money Supply
  26. Economic Indicators Housing and Construction
  27. Economic Indicators Manufacturing
  28. Economic Indicators Retail Sales and Personal Income
  29. Economic Indicators Consumer Expectations
  30. Economic Indicators Consumer Credit Reports

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