Macroeconomics for Financial Markets

Understanding of Economics is a key to discern how the financial markets operate. There are intricate linkages between various economic factors and financial variables which can have both direct and indirect impact on the financial markets. An economic perspective facilitates identification of the causes of different economic developments as well as anticipation of the possible impact of changes in policies.

This module aims at providing a basic understanding of various macroeconomic concepts and a glimpse of macroeconomic behavior.

Why should one enroll in this course?
  • To have a basic understanding of various macroeconomic concepts
  • To learn about macroeconomic behavior
Who will benefit from this course?
  • Students of Management and Commerce
  • Economists
  • Finance Professionals
  • Stock Analysts
  • Employees with financial institutions
  • Anybody having interest in this subject
Course Details

Duration: 30 hours (15 days)

Fees: Rs. 15000/-

Refund of fees: Rs.5000/- if examination cleared in first attempt.

Second attempt for examination additional: Rs. 2100/-

Contents Of This Course

Day 1 – Introduction To Macro Economics
  • Introduction
  • Microeconomics and Macroeconomics
  • Why Macroeconomics is important for the financial sector
  • The concept of ‘equilibrium’ in economics
  • Broad outline
Day 2 – Inflation And Interest Rates
  • What is inflation?
  • How to measure inflation?
  • Measurement of Inflation
  • Theories of Inflation
  • Impact of Inflation on macroeconomic variables
  • Controlling Inflation
  • Interest Rates
  • Factors affecting the level of Interest Rate
  • Impact of interest rates
  • Concept of Real Interest Rate
Day 3 – National Income Accounting
  • National Income Accounting: Measuring Economic Activity
  • Some other ways to measure National Income
    1. The Expenditure Approach
    2. The Income Approach
  • National Income Accounting and relationship among macroeconomic variables
    1. The relationship among macroeconomic variables
  • Saving and Investment in India
  • The changing composition of India’s economic environment
Day 4 – Government And Fiscal Policy
  • Role of the Government in an Economy
  • Government Expenditure and Revenue: Understanding the government accounts
    1. Government Receipts
    2. Government Expenditure
      1. Bringing together the Revenue and the Expenditure side
      2. The Deficit Indicators
      3. Financing of the deficit by the government
      4. Fiscal Deficit and Sustainability of Internal Debt
      5. Fiscal policies and their impact on the financial markets
Day 5 – Money And Monetary Policy
  • What is the role of Money?
  • Components of Money in India
  • Demand for Money
  • Supply of Money
  • Different Roles of RBI in India
    1. How RBI regulates Money Supply in the Economy
  • What are the roles of Commercial Banks in Money Supply?
  • Other Instruments of Money Supply
  • Market Stabilization Scheme
  • Use of Monetary policy
  • Use of Fiscal policy
Day 6 – The External Sector: Open Economy Macroeconomics
  • Why do Countries Trade?
    1. Absolute advantage theory
    2. Comparative advantage theory
  • India and International Trade
    1. India’s merchandise trade
    2. Trade in services
    3. Transfer payments and net factor incomes
  • Balance of Payments
    1. Classification of Balance of Payments accounts
  • Foreign Direct Investment
    1. Foreign Portfolio Investment
  • Exchange Rates
  • Foreign Exchange reserves
  • Impact of capital flows on money supply
  • Sterilization of Capital Flows
Day 7 – Financial Markets
  • What are the basic roles of the financial market?
  • Why and how are financial markets different from other markets
    1. Systemic Risk
    2. Asymmetric Information
    3. Feedback and Amplification
  • Role of different financial systems: bank based financial systems and capital market based financial systems
    1. Capital Market Based Financial System
    2. Bank based Financial Systems
  • Role and contribution of different segments in India’s Financial Market:
    1. Commercial Banks
    2. Non Banking Financial Companies (NBFCs)
    3. Development Financial Institutions
    4. Mutual Funds
    5. Insurance
  • The Equity Market
  • Derivatives Market in India
  • The Debt Market
Day 8 – Regulatory Institutions In India
  • Role of regulatory institutions in a market-based economy
  • The Reserve Bank of India (RBI)
  • The Securities and Exchange Board of India (SEBI)
  • Insurance Regulatory and Development Authority (IRDA)
  • Pension Fund Regulatory and Development Authority (PFRDA)
  • Forward Markets Commission (FMC)
  • Stock Exchanges in India
Day 9 – Recap & Revision
Day 10 – Recap & Revision
Day 11 – Recap & Revision
Day 12 – Recap & Revision
Day 13 – Recap & Revision
Day 14 – Recap & Revision
Day 15 – Recap & Revision

FAQ's

1. 1. You are eligible for a refund until the course / specialization launches on the platform however kindly note 25% reduction will be done on the amount paid if applied for cancellation.

2. You are not eligible for a refund after earning a Course Certificate, even if you complete a course in a short period.

3. Rs.5000/- will be refunded as a token of reward if examination is cleared in first attempt.

Yes—to enroll in an individual course, search for the course title in the catalog.

Yes, kindly contact Nathani Finance

15 Days Classroom Training

1 Day for Examination

New Batch admission will start every month.

No specific background is required for this course, anybody can join having interest in this Industry.

Although you can take the courses in any order, however we do recommend that you follow the suggested sequence of courses

Yes, Successful candidates will be rewarded the Certificate by the below mentioned organisations post clearing the exams.

Nathani Institute Pvt. Ltd.

National Stock Exchange Ltd.