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Course Name
Be Your Own Economist®

Contact Hours: 10

Course Description
The economy stands at a crossroads. The recession may be over, but what does that mean? “Improvement” is not synonymous with “robust recovery.” What forces drive the stock market? And what about real estate? And employment? You should know how to use the internet to find the key business and economic data required to answer these questions. That’s the best way to discover breaking developments at the earliest possible moment.

Wouldn't you like to navigate the data on your own so that you could arrive at your own personal conclusion? Better yet, wouldn't you like to have an advance clue about the general direction of the economy, the stock market, real estate, inflation and interest rates before the experts tell you what's happening or - worse yet - what happened? You need not dispense with the experts, but it would be nice to know that your opinion reflects more than what someone else said. You should be able to take a position on the facts, not merely repeat what you heard on TV or radio or read in a newspaper or magazine. 

Be Your Own Economist ® can help. It shows you how to select, comprehend, and use the key statistics generated by the government's data mill,when and where to locate them on the internet, and how to weave them into a coherent understanding of current business conditions. Why delay? There's no better way to become acquainted with the world of business than to plunge in, get the facts and immediately begin.

We offer accredited university certificates with this course upon successful completion. Write to requestmycertificate@jeronline.com for details and cost of processing. Be sure to mention the name of this course.




Outcome
  • How to analyze the 2008 – 2009 residential real-estate slump and assess its origins, economic impact and recovery from the slump.
  • How to evaluate the Federal Reserve’s role in generating the 2008 - 2009 recession as well as evaluate the Fed’s ability to drive recovery from recession.
  • How to assess the federal government’s economic stimulus package and its ongoing impact on the economy.
  • How to use the government’s regular reports on auto sales and consumer credit to judge the strength of demand and whether an economic expansion has staying power.
  • How to use the price/earnings ratio as a key stock-market indicator.
  • How to evaluate the impact of profits and profit margins on the stock market.
  • How to use the government’s regular reports on GDP, industrial production, capacity utilization, labor productivity, employment and producer prices to evaluate business costs, profitability and inflationary pressures.
  • How to assess business expenditures on plant, equipment and inventory.
  • How to gauge the strength of the U.S. dollar and America’s international transactions.
  • How to create a simulated stock portfolio to test your investment prowess.
  • How to navigate options and futures and their role in the stock and money markets.
  • How to keep abreast of the bond and money markets.

Assessment
You will have a chance to validate your understanding by completing quizzes that ask you to employ the data. Finally, at the end of each module, you can tackle easy questions that require your analysis of the data.

Outline
Table of Contents

  1. Recession and Recovery
  2. The Federal Reserve and Interest Rates
  3. The Federal Deficit
  4. Consumer Demand
  5. The Stock Market
  6. Profit and Profit Margins
  7. Output, Efficiency and Costs
  8. Business Capital Expenditures
  9. The Outlook
  10. The U.S. and the Global Economy
  11. Your Portfolio of Stocks and Mutual Funds
  12. Options and Futures
  13. The Bond and Money Markets
  14. Conclusion