Level I Cfa® Prep Course 2022/2023 - Economics

Deep dive into Economics with the Bestselling CFA® prep course provider | With visual learning + Quizzes

What you'll learn
Calculate and interpret elasticities
Determine and interpret breakeven and shutdown points of production
Understand the characteristics and pricing strategy of perfect competition, monopolistic competition, oligopoly, and pure monopoly
Calculate and explain GDP using expenditure and income approaches
Explain movements in aggregate demand and supply curves
Understand the theories of the business cycle
Explain inflation, hyperinflation, disinflation, and deflation
Distinguish between cost-push and demand-pull inflation
Understand and describe tools for monetary and fiscal policy
Describe roles, objectives and desirable qualities of central banks
Compare GDP vs GNP
Describe the balance of payments accounts including their components
Calculate and interpret currency cross-rates
Explain the arbitrage relationship between currency spot rates, forward rates, and interest rates
Requirements
Basic mathematics knowledge
Description
Bestselling and Highest Rated CFA® courses on Udemy!(for 2022 and 2023 CFA® Level I exam)The CFA® program is rewarding but gruelling. The majority of candidates fail the exam. In order to pass, you are going to need much more than summaries or crash courses. But we can fully empathise if you feel the curriculum is too lengthy and too difficult given your busy schedule.That is why we have crafted for you this complete series of 10 courses covering all 10 topics of the CFA® curriculum. These courses are not superficial summaries, but a detailed and concise coverage of the curriculum for each topic area.We keep our videos short so as to help you follow the Pareto Principle. We believe that if you put in the optimal 20% effort using the right approach, you can potentially achieve 80% of the results!The PrepNuggets approach is to condense pertinent material from the curriculum to easily digestible nuggets for you to consume during your pockets of free time. Each nugget is painstakingly crafted to explain really complex concepts using engaging illustrations and animations. No more wading through pages and pages of words, or sitting through long boring lessons with bullet-point slides.By the end of this course, we are confident you will be able to comfortably handle at least 80% of the questions under this topic area.Don't take our word for it! Hear what some of our students have to say:"This is an INCREDIBLY useful course for visual learners. The concepts are clear and concise. You will begin to see the relationships between concepts as you progress. Excited for the rest of this course and the other courses in the rest of the series." - Andrew Bachman"One of the best courses I've seen, if not the best. Prepnuggets staff know how to pass on knowledge, both by visualization and by verbal explanations. Excited to finish this course and continue to other courses." - Lidor SigronTake action now! It is never too early or too late to start preparing. Join thousands of CFA candidates worldwide in making us your preferred prep companion!———NOTE: This course is part of a complete series of 10 courses that fully cover all 10 topics for CFA® Level I. We recommend you begin your exam preparation with our Quantitative Methods course. For our full catalog of courses, look for our instructor profile down below and click on the PrepNuggets logo.REQUIRED DISCLAIMER: CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by PrepNuggets or Udemy. CFA Institute, CFA®, and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Overview

Section 1: Introduction

Lecture 1 How To Get The Most Out Of This Course

Lecture 2 Formulas, Definitions, Diagrams at your FINGERTIPS!

Section 2: Topics in Demand and Supply Analysis

Lecture 3 Own-Price Elasticity of Demand

Lecture 4 Cross Price and Income Elasticity of Demand

Lecture 5 Substitution and Income Effects

Lecture 6 Marginal Returns and Productivity

Lecture 7 Breakeven and Shutdown Analysis

Lecture 8 Economies and Diseconomies of Scale

Lecture 9 Test Your Understanding

Section 3: The Firm and Market Structures

Lecture 10 Characteristics of Market Structure

Lecture 11 Perfect Competition

Lecture 12 Monopolistic Competition

Lecture 13 Oligopoly

Lecture 14 Monopoly

Lecture 15 Pricing Strategy

Lecture 16 Measuring Market Concentration

Lecture 17 Test Your Understanding

Section 4: Aggregate Output, Prices, and Economic Growth

Lecture 18 Introduction to GDP

Lecture 19 Components of GDP

Lecture 20 Aggregate Demand and Aggregate Supply

Lecture 21 Shifts in Aggregate Demand and Supply

Lecture 22 Macroeconomic Equilibrium

Lecture 23 Economic Growth and Sustainability

Lecture 24 Test Your Understanding

Section 5: Understanding Business Cycles

Lecture 25 Overview of the Business Cycle

Lecture 26 Theories of the Business Cycle

Lecture 27 Credit Cycles (2022)

Lecture 28 Unemployment

Lecture 29 Inflation

Lecture 30 Measuring Inflation

Lecture 31 Economic Indicators

Lecture 32 Test Your Understanding

Section 6: Introduction to Geopolitics (2023)

Lecture 33 Geopolitical Interactions and Globalisation (2023)

Lecture 34 Geopolitics: Tools and Risks (2023)

Section 7: Monetary and Fiscal Policy

Lecture 35 Money and its Creation Process

Lecture 36 Demand and Supply of Money

Lecture 37 Expected and Unexpected Inflation

Lecture 38 Roles and Desirable Qualities of the Central Bank

Lecture 39 Monetary Policy Tools

Lecture 40 Limitations of Monetary Policy

Lecture 41 Fiscal Policy

Lecture 42 Fiscal Policy Tools

Lecture 43 Interaction Between Monetary and Fiscal Policy

Lecture 44 Test Your Understanding

Section 8: International Trade and Capital Flows

Lecture 45 International Trade

Lecture 46 Trade Restrictions and Trade Agreements

Lecture 47 Capital Restrictions

Lecture 48 Balance of Payments

Lecture 49 Trade Organisations

Lecture 50 Test Your Understanding

Section 9: Currency Exchange Rates

Lecture 51 Foreign Exchange Rates

Lecture 52 Forward Exchange Rates

Lecture 53 Exchange Rate Regimes

Lecture 54 Exchange Rates, International Trade, and Capital Flows

Lecture 55 Test Your Understanding

Section 10: BONUS: Further resources for your exam prep

Lecture 56 BONUS: Further resources for your exam prep

This course is for CFA Level 1 Candidates,This course is for people who are interested in the CFA Program