Economics CFA

By Shivgan Joshihttp://stockcreditfinancecfa.blogspot.in/

Content

• Microeconomics• Market Structure & Macroeconomic Analysis• Monetary and fiscal policy

Microeconomics

• Elasticity• Efficiency and Equity• Markets in action• Organizing production• Output and Costs

Market strucure and ,acroeconomics

• Perfect competetion• Monolply• Istic competetion and oligopoly• Market for factors f production• Monitoring jobs and price levels• Aggregate supply and demand

Monetary and fiscal economics

• Money price levels and inflation• Us inflation, unemployment and business

cycle• Fiscal policy• Monetary policy• An overview of central bank

Elasticity

• Elasticity of demand • Elasticity of supply

Motivation

Resourcess

Efficiency and Equity

• Resource allocation methods• Demand and marginal benefit• Supply and marginal cost• Competetive market

Market in action

• Housing• Labor• Tax• Subsidies• Illegal goods

Organizing production

• The firm and economic problem• Technology and ecnomomic effecieny• Information and organization• Markets and firms

Output and cost

• Decesion time frames• Short run technology constrains• Short run costs• Long run costs

Perfect compettion

Monopoly

Monopolistic competition & oligopoly

Market for factors of production

Monitoring job and price level

Aggregates supply and aggregate demand

Money, price level and inflation

• 4 services of depository• Federal reserve• Real money

US inflation, unemployment and business cycle

• Gdp vs inflation• Business cycle• Types of inflation• Phillip curve

Fiscal Policy

• Made of federal budget• Budget defeciet• Tax wedge• Laffer curve• Ricardo• Imbalance

Monetary policy

• 3 aspects• FOMC• Instrument rule• Targeting rule• Federal fund rate

Central banks

conclusion

• 501 pages