The economics background investors need to interpret global economic news distilled to the essential elements: A tool of choice for investment decision-makers. Written by a distinguished academics and practitioners selected and guided by CFA Institute, the world's largest association of finance professionals, Economics for Investment Decision Makers is unique in presenting microeconomics and macroeconomics with relevance to investors and investment analysts constantly in mind. The selection of fundamental topics is comprehensive, while coverage of topics such as international trade, foreign…mehr
The economics background investors need to interpret global economic news distilled to the essential elements: A tool of choice for investment decision-makers.
Written by a distinguished academics and practitioners selected and guided by CFA Institute, the world's largest association of finance professionals, Economics for Investment Decision Makers is unique in presenting microeconomics and macroeconomics with relevance to investors and investment analysts constantly in mind. The selection of fundamental topics is comprehensive, while coverage of topics such as international trade, foreign exchange markets, and currency exchange rate forecasting reflects global perspectives of pressing investor importance. Concise, plain-English introduction useful to investors and investment analysts Relevant to security analysis, industry analysis, country analysis, portfolio management, and capital market strategy Understand economic news and what it means All concepts defined and simply explained, no prior background in economics assumed Abundant examples and illustrations Global markets perspectiveHinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
CHRISTOPHER D. PIROS, PhD, CFA, is the Managing Director of Investment Strategy and Chairman of the Investment Policy Committee at Hawthorn, a member of the PNC Financial Services Group, Inc., which is dedicated to serving the needs of individuals and families with investable assets in excess of $20 million. Prior to joining PNC, Mr. Piros served on the team responsible for the curriculum underlying the Chartered Financial Analyst® designation. He also has served as Director of Investment Strategy & Portfolio Management at Prudential Investments LLC, the wealth management services arm of Prudential Financial. He was a global fixed-income portfolio manager and head of fixed-income quantitative analysis at MFS Investment Management. JERALD E. PINTO, PhD, CFA, is Director, Curriculum Projects, in the education division of the CFA Institute. Prior to joining CFA Institute, he consulted with corporations, foundations, and partnerships in investment planning, portfolio analysis, valuation, and quantitative analysis. Pinto also worked in the investment and banking industries in New York, and taught finance at NYU Stern School of Business. He holds an MBA from Baruch College, a PhD in finance from the Stern School, and is a member of CFA Virginia. CFA INSTITUTE is a global, not-for-profit organization comprising the world's largest association of investment professionals. With over 100,000 members, and regional societies around the world, CFA Institute is dedicated to developing and promoting the highest educational, ethical, and professional standards in the investment industry. CFA Institute offers a range of educational and career resources, including the Chartered Financial Analyst (CFA) and the Certificate in Investment Performance Measurement (CIPM) designations, and is a leading voice on global issues of fairness, market efficiency, and investor protection.
Inhaltsangabe
PART I Learning Outcomes, Summary Overview, and Practice Problems CHAPTER 1 Demand and Supply Analysis: Introduction 3 Learning Outcomes 3 Summary Overview 3 Practice Problems 5 CHAPTER 2 Demand and Supply Analysis: Consumer Demand 11 Learning Outcomes 11 Summary Overview 11 Practice Problems 12 CHAPTER 3 Demand and Supply Analysis: The Firm 15 Learning Outcomes 15 Summary Overview 15 Practice Problems 16 CHAPTER 4 The Firm and Market Structures 23 Learning Outcomes 23 Summary Overview 23 Practice Problems 24 CHAPTER 5 Aggregate Output, Prices, and Economic Growth 29 Learning Outcomes 29 Summary Overview 29 Practice Problems 32 CHAPTER 6 Understanding Business Cycles 39 Learning Outcomes 39 Summary Overview 39 Practice Problems 41 CHAPTER 7 Monetary and Fiscal Policy 45 Learning Outcomes 45 Summary Overview 45 Practice Problems 47 CHAPTER 8 International Trade and Capital Flows 53 Learning Outcomes 53 Summary Overview 53 Practice Problems 55 CHAPTER 9 Currency Exchange Rates 61 Learning Outcomes 61 Summary Overview 61 Practice Problems 63 CHAPTER 10 Currency Exchange Rates: Determination and Forecasting 67 Learning Outcomes 67 Summary Overview 68 Practice Problems 71 CHAPTER 11 Economic Growth and the Investment Decision 77 Learning Outcomes 77 Summary Overview 77 Practice Problems 79 CHAPTER 12 Economics of Regulation 87 Learning Outcomes 87 Summary Overview 87 Practice Problems 88 PART II Solutions CHAPTER 1 Demand and Supply Analysis: Introduction 93 Solutions 93 CHAPTER 2 Demand and Supply Analysis: Consumer Demand 97 Solutions 97 CHAPTER 3 Demand and Supply Analysis: The Firm 99 Solutions 99 CHAPTER 4 The Firm and Market Structures 101 Solutions 101 CHAPTER 5 Aggregate Output, Prices, and Economic Growth 103 Solutions 103 CHAPTER 6 Understanding Business Cycles 107 Solutions 107 CHAPTER 7 Monetary and Fiscal Policy 109 Solutions 109 CHAPTER 8 International Trade and Capital Flows 111 Solutions 111 CHAPTER 9 Currency Exchange Rates 115 Solutions 115 CHAPTER 10 Currency Exchange Rates: Determination and Forecasting 119 Solutions 119 CHAPTER 11 Economic Growth and the Investment Decision 123 Solutions 123 CHAPTER 12 Economics of Regulation 127 Solutions 127 About the CFA Program 129