FMN Economics

FMN Plus-2023/Nov, Seg 3 - The Business Cycle Part I: Cyclical Nature of Recessions

The business cycle represents the alternating phases of economic growth and decline that occur in a country over a period of time. There are four phases of the business cycle: expansion, peak, contraction and trough. Alan Gorlick, CEO of Gorlick Financial Strategies, discusses the business cycle as well as three commonly known cycles that can ultimately lead to a recession: the wage cost cycle, the national debt cycle, and the lending cycle. Alan also shares with us his expertise in using economic data to predict recessions.

Learning Objectives:

Upon successful completion of this segment, attendees should be able to:

  • Describe the four phases of the business cycle in detail; expansion, peak, contraction and trough
  • Describe the impacts of the wage cost cycle, national debt cycle, and the lending cycle
  • Recognize the key resources for reliable economic data
  •  Recognize the various indicators of a recession as depicted through economic data


Prerequisites/Advanced Preparation:

Work experience in a corporate staff environment, or an introductory course in economics.

Speaker / Author:

Alan Gorlick is the CEO of Gorlick Financial Strategies.

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Price (USD)

Standard: $69.90

Details

Course Code : FMN1532-FM

Release Date : 11/10/2023
Expire Date : 06/13/2025
Credits :
CPE 2.00
QAS 2.00
Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Economics

Theme : Financial Markets

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