Fundamentals of Macroeconomics
Employment, inflation and other drivers of the global economy.
Coming soon
Starts in:
  • – – Days
  • – – Hours
  • – – Min
  • – – Sec
Course category:
Foundational
Location:
London
Duration:
2 days
Time:
8 hours/day
Class size:
20 students
A short course giving you just the good bits of macroeconomic theory and practice.

In this practical and extensive two-day course we will explore how the world economy works and how it impacts governments, companies and financial markets. We start with an overview of various macroeconomic theories and then assess how successful they are in explaining economic issues such as inflation, employment, monetary policies and many others.

It requires absolutely no prior financial or economic knowledge and is suitable for all backgrounds.

What will you learn?
By the end of the course, you will:
  1. Gain a solid understanding of macroeconomic factors and how they impact the world economy.
  2. Study about different responsibilities of Central Banks and how they manage them.
  3. Find out what level of unemployment is appropriate for a country.
  4. Understand which methods and tools can be used to increase the Gross Domestic Product (GDP).
  5. Learn why deflation is undesirable and what measures governments take to prevent it.
  6. Recognize the relationship between employment, inflation, economic growth and other macroeconomic factors.
  7. Be able to explain different stages of business and credit cycles.
  8. Find out why the new Modern Monetary Theory is controversial among the economists.
  9. Explore what is Quantitative Easing and why governments engage in it since the 2008 financial crisis.
And much more!
Who is the course for?
  • Beginner traders and investors, looking to learn how macroeconomy impacts their trades.
  • Professionals within the financial industry or those providing services to the financial sector.
  • Professionals in non-financial industries performing financial functions, such as corporate treasury and investor relations.
  • Students, preparing for an upcoming internship or starting their careers in finance.
  • Anyone looking to gain a better view of how the global economy works.
Course Content:
Day 1
  1. Macroeconomic Theories:
    • Economic history and rise of capitalism.
    • Schools of economic thought.
    • Efficient Market Hypothesis.
    • Modern Monetary Theory (MMT).
    • Aggregate supply and demand curves.
  2. Gross Domestic Product (GDP) and Economic Growth:
    • Consumption.
    • Investment.
    • Government spending and debt.
    • Imports and exports.
    • Real and nominal GDP.
    • Stimulating economic growth.
  3. Inflation:
    • Core and headline inflation.
    • Causes of inflation.
    • Deflation and hyperinflation.
    • CPI, PCE and PPI indicators.
    • Impact of inflation on financial assets.
  4. Employment:
    • Types of unemployment.
    • Natural rate of unemployment.
    • Unemployment rate.
    • Employment solutions.
    • Phillips curve.
    • NAIRU.
    • Initial jobless claims and non-farm payrolls.
    • Labor force participation rate.
Day 2
  1. Federal Reserve and the Central Banks:
    • Central banks and monetary policy.
    • Responsibilities of the Fed, ECB and Bank of England.
    • Structure of the Federal Reserve.
    • Federal Open Market Committee (FOMC).
    • Functions of the Fed.
    • Quantitative Easing (QE).
  2. Balance of Payments:
    • Current Account.
    • Capital Account.
    • Financial Account.
    • Balancing the payments.
  3. Business Cycle:
    • Different stages of the business cycle.
    • Consequences for corporations.
    • Explanations by economic theories.
    • Business cycle impact on the US Treasury Curve.
  4. Credit Cycle:
    • Credit spreads.
    • Credit expansion and contraction.
    • Stages of repair and recovery.
    • Effects of the credit cycle.
  5. Economic Indicators and Their Implications:
    • Government economic indicators.
    • Housing market indicators.
    • Consumer confidence and sentiment.
    • Industrial economic indicators.
    • Labor markets indicators.
What’s the format?
Dynamic in-class lectures.
Practical assignments and exercises.
Interactive demos and examples.
Challenging quizzes and tests.
Next available dates and pricing:
Fundamentals of Macroeconomics
  • Course category:
    Foundational
  • Location:
    London
  • Duration:
    2 days
  • Class size:
    20 students
Date to be confirmed
Status
Coming soon
What will you get upon completion?
  • Formal completion certificate.
  • Course notes and materials.
  • Follow-up support – ability to ask questions and seek further clarification, if needed.
  • 20% OFF any future courses you wish to attend.
What our training participants say?
Vikram
Quantitative Developer
“Sergei's sessions were great! He always made them engaging and fun.”
Marius
Financial Software Engineer
“Sergei taught me statistics in the context of equity asset prices and he managed to help me finally connect the maths to the real life applications of it. He's very practical and effective in helping you understand hard concepts.”
Jovana
Account Executive
“Sergei held one of the best training sessions on equity derivatives at the onset of my career in finance. He was able to put together a fully comprehensive and detailed yet digestible programme. His strength is delivering complex concepts in a simplified and engaging manner.”
Anna
Accounts Manager
“Sergei led various financial trainings and I really enjoyed his teaching style and dedication to his students. He always made sure students were engaged and understood the topic before moving on. I would recommend Sergei for his professionalism and deep knowledge.”
Babak
Head of Pricing
“Sergei has a dynamic approach to teaching and his ability to breakdown complex commercial concepts makes learning easy and memorable. I still remember his enthusiasm after 7 years and always happy to learn from him.”
Donald
Software Engineer
“I attended Sergei's derivatives training a few years ago. Sergei clearly explained what they are, the motivation behind them and how they're traded in concrete terms. After the training I had a solid understandings on the topic and I would recommend Sergei's training.”
Paul
Financial Software Developer
"An excellent presenter and an enjoyable course, complex material presented in an approachable fashion."
Igor
Data Analyst
“Amazing training! Sergei does a great job at explaining the concepts using simple analogies which makes the complex world of finance very clear.”
Vlad
Financial Sales
“Sergei is a very good teacher, and is able to explain clearly complex concepts. I felt his course was time well spent.”
Yoshi
Investment Professional
“Sergei is one of the best instructors I have ever met. He understands people learn in different ways and can adjust his teaching style. I would highly recommend him, especially when you are trying to learn something complicated or you want to learn something quickly.”
Alex
Financial Sales
“As part of a financial training program, Sergei equipped me with the knowledge that I am still benefiting from seven years later. He has an ability to deliver complex subject material in a digestible way.”
Eric
Machine Learning Engineer
“Sergei’s lucid explanations helped me get a deeper grasp of the concepts I was grappling with, whilst giving me a new perspective on the material. I credit him with getting me up to speed when I needed it most.”
Frequently Asked Questions:
Are there any arrangements regarding COVID-19? Will the training go ahead as planned?

At the moment, we are planning for all of our training courses starting with September 2020 to go ahead in a physical location in Central London.

In case if circumstances change and we won’t be able to deliver the course in a classroom setting, we will deliver it virtually online via Zoom.

If this happens, we will get in touch and ask if you would like to go-ahead and attend the course virtually or if you prefer to cancel for a full refund.

What payment methods do you accept?

We accept all major credit and debit cards, and PayPal.

How can I get a 20% discount for my next training course?

You will receive this by email after completion of any of our classes.

What if I need to cancel my booking?

You can cancel your booking and receive a full refund up to one month in advance of the course start date.

If you made a booking for a seminar that starts in less than one month, you can cancel for a full refund within the 14 days of making the booking.

In case if we are unable to deliver a course in a physical classroom and had to move it online due to COVID-19, you can also cancel and request a full refund if you don’t want to attend the course virtually.

Are there any pre-requisites in order to attend this course?

This course is aimed at individuals who have very little knowledge about the financial markets or macroeconomics and there are no pre-requisites required in order to attend this course.

Want to run this training in-house?

Get in touch!

All our training courses can be tailored to your company needs and requirements.

Feel free to call us on +44 207 459 4445 or email info@perfiliev.co.uk and we’d be happy to help.

Learn more