Beacon
FinRecruit
FinConsult
Future of Finance
Linkedin

Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate's treasury workflow —all the way to efficient, finance training programs.

Course Overview

The "Economics Fundamentals" course offers a comprehensive exploration of key economic concepts essential for understanding macroeconomics, microeconomics, and international economics. It covers topics such as GDP, inflation, unemployment, business cycles, monetary and fiscal policy, consumer and firm theory, and international economics.

Learning Outcome

Differentiate between Macroeconomics, Microeconomics and International Economics.

Understand the different types of GDP

Identify the components of GDP

Distinguish the main difference between Hyperinflation, Disinflation, and Deflation

Explain the Unemployment Rate (frictional, structural and cyclical unemployment)

Illustrate the business cycle and it effect on the economy

Course Outline

  • Macroeconomics
  • Microeconomics
  • International Economics (foreign trade and currency fluctuations)


  • Consumption
  • Investment
  • Government Spending
  • Net Exports

  • Hyperinflation, Disinflation, and Deflation
  • Cost-Push inflation Vs Demand-Pull Inflation

  • Labor Force & Participation Ratio
  • Unemployment Rate (Frictional, Structural and Cyclical unemployment

  • Contraction, Trough
  • Expansion, Peak

  • Definition & Functions of Money
  • Money Demand & Money Supply and Determination of Interest Rates
  • Monetary Policy Tools
  • Introduction to reserve banking

  • Government Budget Components (Revenue Tools Vs Spending Tools)
  • Expansionary Fiscal Policy Vs Contractionary Fiscal Policy
  • Government Spending Multiplier
  • Country’s Debt Ratio

  • Demand, Supply and Equilibrium
  • Price Elasticity

Who Should Attend

Students pursuing degrees in economics, finance, or related fields=Professionals in banking and finance industries=Business owners seeking to understand economic principles for strategic decision-making=Policy analysts and government officials involved in economic policy formulation=Consultants advising businesses on economic factors impacting their operations=Investors looking to make informed financial decisions based on economic indicators=Individuals interested in gaining a foundational understanding of economics for personal enrichment