Economics for Financial Advisors

Understanding the mechanics and drivers of global economies and being able to develop and express a clear and well-thought-out opinion is an essential part of being a knowledgeable financial advisor.

Economics for Financial Advisors Learning Objectives

Upon completing this course, you will be able to:

• Describe the fundamental drivers of consumer decision-making and how these decisions impact an economy
• Explain what GDP is and how changes to it are driven by static effects and shock that ultimately drive business cycles
• Identify the key stages of a business cycle and explain what key economic leading and lagging indicators would help predict or confirm what stage an economy is in
• Differentiate the role of fiscal versus monetary policy and what institution is responsible for each Interpret what impact interest rate fluctuations – up and down – have on inflation and the economy

Who Should Take This Course?

This course is for anyone interested in becoming a financial planning or wealth management professional. This course is designed as a primer that introduces all of the foundational economic concepts an Advisor needs to understand.