Understanding economics: from stock markets to game theory
Time: 18:00 - 19:30
This course will be delivered online. See the ‘What is the course about?’ section in course details for more information.
This course has now started
Course Code: HPC85
Duration: 10 sessions (over 10 weeks)
What is the course about?
This course builds on Economics for Beginners. However, a knowledge of economics is not essential. Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively.
You will learn how key economic principles are applied in the financial markets. You will learn about what stockmarkets, bond markets, currency markets and commodity markets are and how they operate.
During this course your tutor will be using the Bloomberg terminal to illustrate concepts LIVE! Bloomberg is the premier financial analytical and trading system used in the financial markets by investment banks, hedge funds and investment management firms.
This is a live online course. You will need:
- Internet connection. The classes work best with Chrome.
- A computer with microphone and camera is best (e.g. a PC/laptop/iMac/MacBook), or a tablet/iPad/smart phone/iPhone if you don't have a computer.
We will contact you with joining instructions before your course starts.
What will we cover?
- How market prices are determined.
- The concepts of risk and reward and how this is used by traders in managing their positions.
- How key economic indicators affect stock and bond prices.
- The impact of Gross Domestic Product, Consumer Price Index and the Balance of Payments have on the value of financial instruments.You
- How Game Theory is applied in the financial markets.
- The impact of Fiscal and Monetary policies on the economy and the prices of financial instruments.
What will I achieve?
By the end of this course you should be able to...
- Build your overall confidence in discussing economic matters
- Debate the economics of what drives markets and how to adapt to potential economic headwinds.
- Analyse and critically evaluate the state of the British economy as well as the global economy on the performance of the stockmarket and other financial markets (You would be able to visually see, through the use of the Bloomberg terminal, how COVID 19 and fuel shortages have impacted the economy as a whole as well as specific companies).
- Develop arguments of evaluating government policy and its impact on the financial markets.
What level is the course and do I need any particular skills?
No previous knowledge is required. That being said, an interest in news and current affairs may prove helpful. Reading the Business and Economics news would also develop your learning and help you gain more from the course both in terms of enjoyment and learning outcomes.
How will I be taught, and will there be any work outside the class?
A mixture of lectures/ short presentations by the tutor, Q&A, and class discussions. Also, (brief) reading materials will be handed out at the end of each session. These will mostly cover issues raised in the class. While this supplementary reading is not a course requirement, course participants will benefit more from the course if they do some of the supplementary readings recommended by the course tutor. Please note, that as the course progresses, course participants are encouraged to take a more active part in the course – this will be achieved through a mixture of smaller group work but also class discussions.
Are there any other costs? Is there anything I need to bring?
Although you are not required to buy anything, you may wish to buy books, read articles online. However, please note that this is not necessary to follow the class as such.
When I've finished, what course can I do next?
Please have a look at our website for other economics courses.
Naresh Sonpar works as a Curriculum Director at a college in London, alongside his teaching at City Lit. He possesses a wealth of teaching experience supporting Business, Economics and Finance students, and in his college teaching has supported students in progressing onto Russell Group universities including Oxford, Cambridge and the London School of Economics. Prior to teaching, Naresh was a Hedge Fund Portfolio Manager, Trader, Financial Engineer and Investment Banker with more than 17 years’ experience and expertise in financial markets including complex financial derivative products. Naresh has used his skills and experience of financial instruments and markets to enrich his. His rich and deep industrial expertise supports all students with application of their learning whilst making it contemporary and engaging. Naresh has also successfully taught students how to create and grow investment portfolios through strategic data analysis and forecasting.
Please note: We reserve the right to change our tutors from those advertised. This happens rarely, but if it does, we are unable to refund fees due to this. Our tutors may have different teaching styles; however we guarantee a consistent quality of teaching in all our courses.