A Layman's Guide To The U.S. Economy: Demystifying Economic Indicators (Part 1 - Fundamentals)

Provided by:
0/10 stars
based on  0 reviews
Provided by:
Cost $8/mo
Start Date On demand
A Layman's Guide To The U.S. Economy: Demystifying Economic Indicators (Part 1 - Fundamentals)

Course Details

Cost

$8/mo

Skillshare offers a wide variety of free and Premium courses on creative skills, marketing and more.

Get One Month Free

Upcoming Schedule

  • On demand

Course Provider

Skillshare online courses
In Skillshare’s unique philosophy, everyone is a teacher, and everyone is a learner. Rather than a traditional lecture format, courses are offered within a global online learning community in which learners collaborate and learn by doing. Instructors are industry leaders who share their skills with anyone who wants to learn. No credits are offered. Founded by online entrepreneurs Michael Karnjanaprakorn and Malcolm Ong, Skillshare’s online “campus” was launched in April 2011. Its catalog h...
In Skillshare’s unique philosophy, everyone is a teacher, and everyone is a learner. Rather than a traditional lecture format, courses are offered within a global online learning community in which learners collaborate and learn by doing. Instructors are industry leaders who share their skills with anyone who wants to learn. No credits are offered. Founded by online entrepreneurs Michael Karnjanaprakorn and Malcolm Ong, Skillshare’s online “campus” was launched in April 2011. Its catalog has grown from 15 to more than 250 online courses that cover creative arts, entrepreneurship, branding and marketing, lifestyle and technology. The School of MakeOurMark, with courses in photography, illustration and tattooing, was launched in October 2013, and the School of Design went live the following month. Among the instructors who have taught courses are Seth Godin, founder of online marketing firm Yoyodyne, who teaches a class on entrepreneurship; DJ Young Guru, who leads a course on mixing and recording; and actor, writer and director James Franco, whose course focuses on screenwriting for short films. You can begin a Skillshare collaboration by taking an introductory course in a particular area to learn, for example, the fundamentals of Photoshop and expand your knowledge with a five-part, in-depth Photoshop series.

Provider Subject Specialization
Arts & Design
Business & Management
32 reviews

Course Description

Increase your financial intelligence by understanding markets 
Did you ever read Robert Kiyosaki's book 'Rich Dad Poor Dad'? One of the important messages in Robert Kiyosaki's book is that we can increase our financial wealth by increasing our  financial intelligence. He mentions that financial intelligence is made up of four technical skills - accounting, investing, understanding markets and understanding the law. The goal of this course is to learn one of those essential technical skills - understanding markets. The keys to understanding markets are to understand economic indicators such as growth, inflation, and interest rates; the impact of these indicators on financial markets; and the central bank's reaction to these indicators. The complete covers the major economic indicators published by the BEA, BLS, US Census Bureau and other agencies. 

We find bits and pieces of information on macroecon...

Increase your financial intelligence by understanding markets 
Did you ever read Robert Kiyosaki's book 'Rich Dad Poor Dad'? One of the important messages in Robert Kiyosaki's book is that we can increase our financial wealth by increasing our  financial intelligence. He mentions that financial intelligence is made up of four technical skills - accounting, investing, understanding markets and understanding the law. The goal of this course is to learn one of those essential technical skills - understanding markets. The keys to understanding markets are to understand economic indicators such as growth, inflation, and interest rates; the impact of these indicators on financial markets; and the central bank's reaction to these indicators. The complete covers the major economic indicators published by the BEA, BLS, US Census Bureau and other agencies. 

We find bits and pieces of information on macroeconomic indicators all over the internet but to make the connections between these economic entities, macro-economic indicators, financial markets, and central bank policies we need a deeper insight into how they work. In any country, macroeconomic indicators are statistics released by government agencies and the private sector that provide us with information on the state of the country's economy.

Part 1 Fundamentals - The impact of broad macroeconomic indicators on financial markets

In this first part of the course we study the impact of broad economic indicators such as growth, inflation and interest rates on stock, bond and foreign exchange prices.By the end of the course we will have a working knowledge of 

  • the relationship between bond prices and interest rates
  • the relationship between stock prices and corporate profits
  • What items in the income statement are impacted by macroeconomic indicators
  • How interest rate differentials impact FX carry trades
  • and more...

Coming up in the more advanced class...

  • The Gross Domestic Product - how it is measured, its components, U.S. economic indicators that give us clues on the GDP
  • The Quarterly GDP Report
  • Car Sales Report
  • Retail Sales Report
  • Personal Income and Outlays Report
  • Housing Starts
  • Durable Goods
  • Factory Orders and Manufacturing Inventories
  • Construction Spending
  • Trade Balance Report
  • Purchasing Manager's Index
  • Employment
  • Industrial Production
  • Leading Economic Indicators
  • The Beige Book
  • Consumer Confidence Index
  • Consumer Credit Report
  • GDP Deflators
  • Consumer Price Index
  • Producer Price Index

Reviews 0/10 stars
0 Reviews for A Layman's Guide To The U.S. Economy: Demystifying Economic Indicators (Part 1 - Fundamentals)

Ratings details

  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars

Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.

No reviews yet. Be the first!

Rating Details


  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars

Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.