Economic Indicators
During uncertain times, it is critical to gain an understanding of what is most likely to happen to the economy. This is an essential part of the business planning process. In the Economic Indicators course, we explore the nature of the business cycle and delve into the different types of economic indicators, including those related to labor, retail sales, expenditures, housing, manufacturing, inflation, and consumer confidence. The course also provides extensive coverage of the reports issued by the Federal Reserve. This course is the ideal tool for enhancing the reliability of your planning process.
Format
PDF Course
Level
Overview
Duration
2.5 Hours
Course Information
Author: Steven Bragg
Course Number: EC0001
Learning Objectives
- Recognize the government agencies involved in the creation of economic indicators.
- Specify the advantages and disadvantages of the gross domestic product concept.
- Identify the different types of economic indicators.
- Recognize the contents of the various reports about the economy issued by U.S. government agencies.
- Identify the different types of discretionary spending by consumers.
- Specify the source and uses of the inventories to sales ratio.
- Recognize the issues associated with the Consumer Price Index.
- Identify the types of commodities that can be used as economic indicators.
- Recognize the economic indicators that can give advance notice of price and inflation changes.
- Specify the components of the Misery Index.
- Identify the different economy-related reports issued by the Federal Reserve Board.
- Recognize which indicators do the best job of giving advance notice of the future state of the economy.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Economics
Prerequisites: None
Advance Preparation: None
Latest Review Date: March 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.