Overview
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Learn how to track major economic data points and understand changes in the economy to make more informed business decisions.
Syllabus
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Introduction
- How the economy impacts your business
- Economics as a decision-making guide
- Articulating economic impacts
- Using economics jobs data
- Breaking down GDP
- Using retail sales data
- The importance of consumer and business confidence
- The costs and benefits of consumer inflation
- Producer inflation impacts on corporate profits
- Wage inflation impacts on business
- Tracking Fed decisions
- Taxes and government spending
- The IMF and key policy signals
- Watch the OCC and FDIC for critical warnings
- Demographics and future economic outlooks
- Making comparisons
- Game theory and optimization
- Keeping your finger on the pulse
