This is an overview course on the link between the economy and the global financial markets, particularly how government monetary and fiscal policies and the state of the economy impact stocks, bonds, currencies, and alternative assets. As major policy decisions or economic, political, social, financial, and corporate news are announced, retail investors, traders, portfolio managers, and hedge funds, for example, change their trading and investment strategies. Their trading decisions affect securities prices in real-time.
Overall, students will learn how the financial markets respond to current events and headlines about, for example, healthcare, inflation, jobs, taxes, interest rates, industrial performance, politics, war, terrorism, and natural disasters. This course is a gateway to understanding the link between the economy and the capital markets.
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Who
High school students interested in finance who want to learn how financial markets respond to current events and headlines
When
This course is offered the following weeks:
June 8 to 12
June 15 to 19
June 22 to 26
July 6 to 10
Where
Bentley’s beautiful campus located just outside Boston with access to cutting-edge tech labs and a vibrant college environment
Macroeconomics and Financial Markets Schedule
Monday
Morning
Global capital markets
Connection Between Macroeconomics and Finance
Bond Markets and Supply & Demand
Interactive: Portfolio Exercise
Early Afternoon Session
Group Debates Explanation
Late Afternoon Session
FRED Tutorial
Tuesday
Morning
GDP and its Components
Inflation and Monetary Policy
Inflation/Wage Simulation Game
Debate
Early Afternoon Session
Speaker
Conventional Monetary Policy
Late Afternoon Session
BR Group Work: Debate Prep
Quiz 1
Wednesday
Morning
Macro Modeling
Taylor Policy Rule
QTM
Debate Prep
Early Afternoon Session
IP-MP Interactive Activity
Chair the Fed Simulation Game
Late Afternoon Session
BR Group Work: Debate Prep
Quiz 2
Thursday
Morning
Economic Stimulus Policy Part I
Group Work Session
Economic Stimulus Policy Part II: Presentations and Discussion
Early Afternoon Session
Economic Stimulus Policy Continued
Labor Markets
Late Afternoon Session
BR Group Work: Debate Prep
Speaker
Quiz 3
Friday
Morning
Forecasting and Leading Indicators
Portfolio Performance
Presentations preparation
Early Afternoon Session
BR Group Work: Debate Prep
Debates
Late Afternoon Session
Presentation
Award Ceremony
Laura Young
Teaching Interests: Monetary Policy, Macroeconomics, Econometrics
Sacha Gelfer
Teaching Interests: Macroeconomics, Monetary Economics, Econometrics