Methods For Calculating Economic indicators Course

Overview
Course Outline
Scheduled Dates

Course Overview

This course gives participants a comprehensive understanding of the methods and skills required to calculate key economic indicators. By exploring data sources, methodologies, and hands-on exercises, attendees will gain insights into interpreting and applying these indicators in various economic contexts.

Upon completion, participants will have the techniques and tools to interpret and forecast based on primary economic indicators. This knowledge will be invaluable for informed decision-making in various sectors, from policy-making to financial investments.

Objective:

Understand the foundational concepts behind economic indicators.
Recognise the various sources of data and their reliability.
Acquire skills to calculate primary economic indicators.
Analyse the real-world implications of shifts in these indicators.
Develop the capability to forecast future economic trends based on indicators.
Computer information systems and their role in the calculation of economic indicators.
Examples and cases of practical ways of calculating the economic indicators.

Course Outline

Day 1: Introduction to Economic Indicators

Understanding the role of economic indicators in economic analysis
Classification of economic indicators: Leading, lagging, and coincident
Key data sources and their reliability
Introduction to national accounts

Day 2: Output-Related Indicators

Gross Domestic Product (GDP): Calculation methods (Expenditure, Income, Production)
Gross National Product (GNP) and Net National Product (NNP)
Real vs. Nominal GDP
Industrial Production and Capacity Utilization

Day 3: Labor Market Indicators

Unemployment rate: Definition and measurement
Labor force participation rate and employment-population ratio
Wage growth and productivity measures
Case Study: Analysing unemployment trends in different economies

Day 4: Price-Related and Investment Indicators

Consumer Price Index (CPI): Calculation and implications
Producer Price Index (PPI) and Wholesale Price Index (WPI)
Inflation rate and deflation: Causes and impacts
Interest rates: Real vs. Nominal, their calculation, and economic implications
Foreign Direct Investment (FDI) trends and calculations

Day 5: Trade, Balance of Payments, and Forecasting

Trade balance: Calculating exports and imports
Balance of Payments: Current account, capital account, and financial account
Exchange rates and their economic implications
Introduction to forecasting: Using economic indicators to predict future trends

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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January
July
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Location

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Amsterdam
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Amsterdam

$5,300

Duration: 5 Days

date: 06 - 10 Jan 2025

London

$4,900

Duration: 5 Days

date: 07 - 11 Jul 2025

London

$4,900

Duration: 5 Days

date: 03 - 07 Nov 2025

Finance and Accounting

Methods and Skills for Calculating Economic Indicators

Duration:5 Days

date:06 - 10 Jan 2025

Amsterdam

$5,300

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