Introduction to Market Economics
2010 London, The City & In-House - Contact us to find out about the next edition of this course
This one day course is designed to give you a structured and comprehensive introduction to the core concepts of economics and how they are applied in capital markets.
You will be taken through the economics fundamentals including economic systems and organisations, the mechanisms behind price determination, market structure and the elements of macro economics and markets.
By the end of this course you will gain the knowledge of:
- The basic economic mechanisms
- The mechanisms behind price determination and elasticity of supply and demand
- The financial system and intermediaries
- Macro economics including inflation, unemployment, policy, fiscal balance the role of central banks, the economic cycles and international trade
The course is suitable for all levels. Participants will require calculators.
You may be also interested in our Introduction to Capital Markets - How to Read Financial Press on 22 March, London
Who Should Attend
Anyone with a limited experience of economics who needs to understand the core concepts and how they are applied in capital markets.
Teaching Method
This is a highly practical course with many real life case studies and exercises. Tutor will be focused on teaching practical strategies that can be taken back to your business and put into immediate effect.
In order to help us establish your individual and business concerns, you will be asked to fill pre-course questionnaire.
Due to the practical nature of the course the number of places is limited and will be filled on first come, first accepted basis. We advise to book in advance in order to avoid disappointment.
Participants will require calculators.
Introduction to Market Economics - A One Day Programme
Economic fundamentals
- The economic problem
- Economic systems and organisations
- The theory of costs
- The market system and the competitive process
- Price determination – the price mechanism
- Elasticity of supply and demand
- Market failures, externalities and intervention
- Market structure
- Perfect competition and monopoly
- Monopolistic competition, oligopoly and duopoly
The financial system
- Finance and financial intermediaries
- Credit and banking
Macro economics and markets
- Macro economic theory
- Inflation and unemployment
- Macroeconomic policy
- International trade
- Fiscal balance
- The role of central banks
- The economic cycle and key market indicators
- When markets really fail – the credit crunch
Mike Corless
The course director is a qualified chartered accountant who begun his career in Grant Thornton International and since 1986 worked in Ernst & Young as a senior manager in the corporate advisory team, working on major acquisitions, disposals, IPOs and insolvency/restructuring transactions.
In 1989 he joined Threadneedle Asset Management as an analyst, becoming a fund manager specialising in income funds in 1991. In 1996 he joined Scottish Widows Investment Partnership as a director in the UK Equity team, again specialising in income funds. On becoming head of UK Equities in 1998, he introduced a new investment process incorporating cash flow based corporate valuation techniques. In 2000 he was appointed head of UK Equities when Scottish Widows was acquired by Lloyds Bank and he led the integration of the UK Equity teams.
In 2001 he joined HSBC Asset Management as European Head of Equity Research, managing a team of analysts in Paris and London tasked with developing a new research team and research process.In 2004 he was appointed Global Head of Equity Research, responsible for 60 global equity research analysts and 40 global credit analysts. He developed a global valuation and research process, training local analysts in Europe, the US and Asia in its use.
In 2006 he joined BG Consulting Group, a professional training company, as the head of investment banking and investment management managing a team of 12 trainers. His experience at BG included managing major graduate programmes for investment banking and investment management clients, training graduate to managing director level participants and advising clients on their training requirements for accountancy, corporate finance and valuation, investment management and private wealth training.
His clients have included HSBC, Morgan Stanley, Deutsche Bank, Citigroup, Allen & Overy, JP Morgan, Barclays Bank, Barclays Wealth, Morgan Stanley Investment Management and Schroders.
2010 London, The City
Contact us to find out about the next edition of this course
You may be also interested in our Introduction to Capital Markets - How to Read Financial Press
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DISCOUNTS
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3 people - 10% discount. Delegates have to be from the same company and register at the same time.
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If you book for 2 full time courses at the same time you will receive 10% off the value of the cheaper course.
IN-HOUSE TRAINING
If you have a team of 4 or more this course can be customised and organised in-house at your convenience. Contact one of our advisors to find out more.
Call us now on +44 (0) 207 193 5035
