CFA Level 1 Prep- Economics

Exam Weight 10% | Taught by Amit Parakh, CFA

This first part provides an introduction to fundamental microeconomic and macroeconomic concepts relevant to investment management practice. The first reading in this study session covers selected concepts and tools of demand and supply analysis. The second reading describes revenues and cost structures associated with the different types of markets in which firms sell output. The third reading covers aggregate output and income measurement, aggregate demand and supply analysis, and the analysis of the factors affecting economic growth. The fourth reading explains the effects of business cycles on businesses and investment markets

This second part begins by presenting monetary and fiscal policy, then introduces economics in a global context. The fifth reading describes monetary and fiscal policy and how they are used by central banks and governments. The sixth reading discusses the flows of goods and services, physical capital, and financial capital across national borders. The reading explains how the different types of flows are linked and how trade may benefit trade partners. The seventh reading provides an overview of currency market fundamentals.

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    Self paced
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    enrollments10
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    LanguagesEnglish
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    Published DateJul 24, 2018
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    Documents: 1
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    Video: 31
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    Test: 9

Course Highlights

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    Understanding concepts of Micro & Macro Economics
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    Understanding Aggregate Demand & Supply Analysis
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    Intro to Monetary & Fiscal Policy
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    Overview of Currency Market fundamental

Schedule

Section 1 - Reading 14: Demand
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    Demand and supply analysis
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    Market Equilibrium
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    Consumer surplus & producer surplus introduction & application
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    Demand Elasticities
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    Indifference Curves and the Opportunity set
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    Consumer Equilibrium
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    Income and Substitution Effects
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    Types of Profits Measures
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    Analysis of Revenue and costs
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    Maximizing Profits and optimizing productivity
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    Reading 14 Quiz 1
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    Reading 14 Quiz 2
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    Reading 14 Quiz 3
Section 2 - Reading 15: The Firm and Market Structures
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    Market structure perfect competition
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    Marketstructuremonopoly
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    Reading 15 Quiz 1
Section 3 - Reading 16: Aggregate Output, Economic Growth
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    Aggregate Output and Income
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    Fundamental Relationships
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    Analysis and the AD curve- 1
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    Analysis and the AD Curve- 2
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    Macroeconomic Changes and Equilibrium
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    Economic Growth and Stability
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    Reading 16 Quiz 1
Section 4 - Reading 17: Understanding Business Cycles
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    The Business Cycles- 1
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    The Business Cycles- 2
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    Unemployment Inflation Economic Indicators- 1
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    Reading 17 Quiz 1
Section 5 - Reading 18: Monetary and Fiscal Policy
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    Monetary Policy Part- 1
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    Monetary Policy Part- 2
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    Fiscal policy
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    Reading 18 Quiz 1
Section 6 - Reading 19: International Trade
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    Absolute and comparative advantage
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    Trade and capita lflows restrictions and agreements
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    The balance of payments and trade organization
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    Reading 19 Quiz 1
Section 7 - Reading 20: Currency Exchange Rates
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    The foreign exchange market
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    Currency exchange rate calculations- 1
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    Currency exchange rate calculations- 2
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    Exchange rate regimes
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    Reading 20 Quiz 1
Section 8 - Downloadable Slides
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    Level 1 Economics Slides

Instructor

Amit ParakhIndiaContact Instructor

Amit Parakh is one of the most qualified global trainers in the CFA Program and FRM space. He has a B-Com from Calcutta University and an MBA from IIMA. Having aced Chartered Accountancy (a national rank), FRM, CS, CFA exams all in first attempt, he knows what it takes. Amit has been with ICICI Bank in the structured finance division. He has also been a sell side equity analyst with JP Morgan. He carries an extensive experience of teaching specialized courses in derivative and fixed income.