Economics Fundamentals

Overview

The "Economics Fundamentals" course offers a comprehensive exploration of key economic concepts essential for understanding macroeconomics, microeconomics, and international economics. It covers topics such as GDP, inflation, unemployment, business cycles, monetary and fiscal policy, consumer and firm theory, and international economics.

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Outcome

Differentiate between Macroeconomics, Microeconomics and International Economics.

Understand the different types of GDP

Identify the components of GDP

Distinguish the main difference between Hyperinflation, Disinflation, and Deflation

Explain the Unemployment Rate (frictional, structural and cyclical unemployment)

Details

Developed by: Beacon FinTrain
Standard Total Hours: 12 Hrs
Language: English - Bilingual "English & Arabic"
Modalities: 
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Outline

  • Macroeconomics
  • Microeconomics
  • International Economics (foreign trade and currency fluctuations)

  • Consumption
  • Investment
  • Government Spending
  • Net Exports

  • Hyperinflation, Disinflation, and Deflation
  • Cost-Push inflation Vs Demand-Pull Inflation

  • Labor Force & Participation Ratio
  • Unemployment Rate (Frictional, Structural and Cyclical unemployment

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Who Should Attend

  • Students pursuing degrees in economics, finance, or related fields
  • Professionals in banking and finance industries
  • Business owners seeking to understand economic principles for strategic decision-making
  • Policy analysts and government officials involved in economic policy formulation
  • Consultants advising businesses on economic factors impacting their operations
  • Investors looking to make informed financial decisions based on economic indicators
  • Individuals interested in gaining a foundational understanding of economics for personal enrichment

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.