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A Provider of AIB Products Economics for Bankers |
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AIB Course Code: 2310 Course Length: 16 weeks Course Description: This program introduces you to the fundamental principles of economics. Special emphasis is placed on macroeconomics and topics of importance to you as a banker. The course covers the basics of economic theory and includes examples of the application of economics to banking. Topics: The topics to be covered are as follows: • The Economic Problem: Scarce Resources, Unlimited Wants, and Opportunity Costs • The Concepts of Demand, Supply, and Equilibrium • Business Organization • Unemployment and Inflation • The Business Cycle • Aggregate Demand and Aggregate Supply • Expenditures Analysis • Fiscal Policy • Money and Financial Markets • The Federal Reserve Structure and Policy Audience: Bank personnel who have not had a formal course in Economics and wish to increase their understanding of economics as it relates to banking. Learning Objectives: After successfully completing this program, you will be able to: • Understand the meaning of economic terminology and the discipline of economic reasoning • Follow economic news and analyze important economic questions • Locate and obtain economic data and information and use it to examine contemporary economic issues • Apply economic principles to important questions in the financial services industry • Use basic graphing and graph interpretation skills to examine economic questions • Understand the major economic policy problems faced by government: economic growth, unemployment, inflation, and budget deficits and debt • Understand the aggregate demand/aggregate supply model and its importance in examining major economic policy problems • Recognize major economic policy controversies and the various schools of thought associated with them Textbook: Economics: Fundamentals for Financial Services Providers, 3rd edition, 2006, ABA Course Credits: AIB: 3.0; ICB: 45 (CLBB, CFTA [INV] or CSOP) ACE College Credit Recommendation In the lower division baccalaureate/associate degree category, 3 semester hours in Economics or Social Science elective Prerequisites: None Required Software: None
 Forms Page ... Registration ... Requests ... WithdrawalPBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com |
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