This course is designed to assist participants in understanding and using various macroeconomic indicators. Economic indicators are statistical parameters about the economy and are important in measuring and understanding the performance of various economic aggregates as well as in forecasting their future performances and direction. They are also used in measures the relative effects of various economic activities/aggregates on the goods, financial and other markets. Therefore, understanding these indicators and knowing how to interpret and analyze them is important for businesses, investors, academics, policy analysts and so on.
Expected Learning Outcomes
At the end of the course, participants will be able to:
- Identify sources for macroeconomic data;
- Interpret data;
- Describe the present state of the economy using current data;
- Use data to predict the state of the economy one year from now.