Economics CFA Level 1

Economics CFA Level 1

• Get instant access to a 110 Page Level 1 workbook with key takeaways from Jhan's lessons; follow along, and keep them for reference to boost your existing institute material

• Introduce yourself to our community of CFA Financial Statements Level 2 students in this course and tell us your goals; you will need all the help you can get to pass this tough section of CFA

• Encouragement and celebration of your progress every step of the way: 25% > 50% > 75% & 100%

• Over 14 hours of Jhan's signature CFA training - humorous, lively and very visual step-by-step instructions, lessons, and engagement

• CFA  Knowledge Checks to assess your knowledge and skills

The CFA isn’t hard

It's HOW you prepare for it that makes it hard.

Most prep material providers use a linear teaching system... You have to read through pages, drowning in content and details, making it extremely difficult to remember what you are expected to on exam day.

Understand in a few hours concepts you've been struggling with for weeks if not months

No mock exams or formula sheets inside. What you will get is powerful videos giving you sharp, concise and straight to the point explanations that will help you make the most out of the material you have (whatever it is) and get laser-focused on what’s important on exam day.

What you'll learn

• Introduction to Ethics, It's Importance and the most critical section; Standards: Professionalism, Integrity of Markets, Duties to Clients & Employers; Standards: Recommendations, Conflicts of Interest, CFA Stuff;

• Intro to Quantitative Methods and The Key to Unlocking Hypothesis Testing; Variance and Standard Deviation Explained; What are Confidence Intervals?; Learn Z-Score and Normal Distribution; Difference between Chebyshev’s Inequality and Normal Distribution; Given a Normal Distribution and Std Dev, how to build a Confidence Interval?; Another thing you need to know about Normal Distribution and Standard Deviation; Student's T – distribution and its differences from Normal Distribution; Log Normal Distribution and its differences from Normal and T - Distribution; Learn about Central Limit Theorem and Sampling Means Distribution; The Concept of Standard Error: When to use it instead of Standard Deviation; The Population Parameters and the Sample Statistics; Introduction to Hypothesis Testing: Stating Null vs Alternate Hypothesis; Type 1 vs Type 2 Errors; A Time Saving Chart to Identify Type of Test for a given Hypothesis Problem - 1; A Time Saving Chart to Identify Type of Test for a given Hypothesis Problem - 2; Hypothesis Testing Comprehensive Example - Part 1; Hypothesis Testing Comprehensive Example - Part 2; Hypothesis Testing Comprehensive Example - Part 3; Shortcut to Hypothesis Test: P-Value and a Final Word on Hypothesis Testing;

• Introduction to Economics: A Plan to Deal with the Incredible Amount of Volume; Aggregate Supply and Demand Curves, GDP, Income & Expenditure Approach Part - 1; Aggregate Supply and Demand Curves, GDP, Income & Expenditure Approach Part - 2; Understanding Short and Long Run Aggregate Supply and Aggregate Demand Curves; Factors that can Shift Long Run Aggregate Supply (LRAS) - Full Employment GDP; Unemployment: Seasonal, Structural, Frictional, Cyclical - Learn the Difference; Theories of Business Cycle: Neoclassical, Keynesian, Monetarist, Austrian; Output Gap: Inflationary vs Recessionary - How to reduce or eliminate it?; Shifting the Aggregate Demand Curve to Eliminate the Output Gap; Learn What is Monetary Policy and the three different tools to implement it; How does the Expansionary Monetary Policy increase Aggregate Demand and GDP?; Learn What is Fiscal Policy and How does it impact the GDP?; Continuation: Connecting Fiscal and Monetary Policy to GDP; Learning the Concept of Inflation and its two types: Demand-Pull & Cost-Push; Learn about Currencies: Price Currency (Quoted), Base Currency, Bid-Ask Spread; Learn how to calculate the appreciation & depreciation of a currency in % terms; Example: Currency Appreciation/Depreciation Calculation in % Terms; Learn how to Calculate Currency Cross Rate: X Rules; Pricing a Currency Forward Contract - Part 1; Pricing a Currency Forward Contract - Part 2; Pricing a Currency Forward Contract - Part 3; Market Structures: Monopoly-Oligopoly-Monopolistic-Pure Competition; Market Structures and the Demand Curves: Part 1; Market Structures and the Demand Curves: Part 2; Market Structures  and the Economic Profit;

  
  

• Intro to Corporate Finance and its most important topic: WACC; Three different methods of calculating Cost of Common Equity to compute WACC; Cost of Preferred Equity and Cost of Debt: Learn how to calculate them;

• Introduction to Equity Investments; Deriving formula for Preferred Share (perpetuity) and Gordon Growth Model; Deriving formula for Justified/Fundamental Price to Earnings Ratio; Sustainable Growth Rate (SGR) formula and Three-Factor Du-Pont Analysis; Easy and Simple Approach to Understand five-factor Du-Pont Analysis; Building up the Equity Formula and Connecting it to WACC; Cost of Common Equity Formulas and Connecting it to Portfolio Management Content; Beta Formula and Derivation;

• Introduction  to Fixed Income Securities: The Toughest Nut to Crack; Fixed Income Securities: Defining Elements; Valuing a Fixed Income Security: Annual Coupon Paying Bond; Discount Bonds vs Premium Bonds - Coupon Rate vs Yield to Maturity (YTM); Mathematically Understanding the Inverse Price-Yield Relationship; Graphically Understanding the Inverse Price-Yield Relationship; Understanding the Yield Curve - Term Structure of Interest Rates; Interest Rate Risk also known as Duration & Its Three Different Measures; Macauley Duration: Explanation and Calculation; Duration Gap: Macauley Duration - Investment Horizon -Price vs Reinvestment Risk; Recap: Bond Valuation-Price to Yield Curve-Macauley Duration-Convexity;

• Recap: Duration Gap - Positive vs Negative - Price Risk  vs Reinvestment Risk; Modified Duration: Learn the Concept & the First Method of Calculating it; Modified Duration: Learn the Second Method of Calculating it; Recap: Macaulay Duration and Modified Duration; Effective Duration: How it is different than from duration measures?; Valuing a Bond using Spot Rates; Difference Between Spot Rates and YTM; Problem with Modified Duration: Ignores Convexity of the Price to Yield Curve; The Relationship Between Short-Term Forward Rates and Spot Rates; Lego Block Method to Calculate a Forward Rate using Spot Rates - Example # 1; Lego Block Method to Calculate a Forward Rate using Spot Rates - Example # 2; Contingency Provisions-Embedded Options: Convertible, Callable, & Putable Bonds; Interest Rate Floor and Cap - Understanding the concept of Z-Spreads; Understanding Option-Adjusted Spread (OAS) & Callable Bond's Negative Convexity; Understand Why a Putable Bond has a greater Positive Convexity; How a Bond’s Maturity, Coupon, and Yield Level affect its Duration;

• Introduction to Derivatives; Basics of Pricing a Derivatives Contract; Basics of Valuing a Derivatives Contract; Forward Contracts: Understanding the Basic Concepts; Swap Contracts: Understanding the Basic Concepts; Future Contracts: Understanding the Basic Concepts; Option Contracts: Understanding the Basic Concepts; Call and Put Options: Strike Rate, Exercise Price, Spot Rate, Premium; Call Option: Profit, Loss, and Breakeven with Diagram; Profit and Loss Diagram for Long Call, Short Call, Long Put, and Short Put; Giving preview on last lesson and discussing what impacts option on pricing; Greeks: Factors that Determine the Value of an Option; What is Put-Call Parity ? Understand the Basic Concept; Understanding Protective Put, Fiduciary Call, and Synthetic Options; Introduction to Portfolio Management and Mean-Variance Analysis; Minimum Variance Frontier, Global Minimum Variance Portfolio & Utility Curves; Deriving Markowitz Efficient Frontier from Minimum Variance Frontier; Capital Allocation Line, Capital Market Line, Sharpe, Roy, Treynor Ratios; Total risk: Diversifiable risk and Undiversifiable risk - Discussion; Security Market Line, Beta, Capital Asset Pricing Model; Important for CFA Level 1 Exam: CAPM Calculations and Jensen's Alpha;

We made difficult topics easy and easy topics easier.​

Tackling the CFA's vast curriculum can be an absolute mountain to climb, but we definitely made the material much more accessible and the whole preparation process much easier. This online revision course compresses difficult and complex subjects into memorable and easy-to-understand concepts. We managed to keep such a long and dense curriculum approachable and interesting. You will watch straight-to-the-point and enjoyable videos so you can learn key material while relaxing after (or before) a full day's work.

100% focusing on the hardest areas you are struggling with right now.

We break down complex study content into easy-to-understand concepts so you will be able to get to grips with content that had previously seemed impossible in self-study. By focusing on key areas and linking theoretical concepts to reality, your understanding of the different concepts will significantly increase. We give you strategies that will help you understand the most complex area of the program and transform the complex study into easy-to-understand stuff. We provide you with a unique and unparalleled ability to transpose complex and difficult topic areas into easy-to-understand building blocks.
Focus your limited time on the areas that really matter, gain laser- focus and understand key concepts in less than 28 days.

We can help you cover a lot of material in a relatively short amount of time without compromising on quality and understanding. We do more than just go through the materials and explain concepts... we provide you with studying techniques, revision strategies, and time-saving creative methodologies to help you maximize the time you have to spend mastering this curriculum. What you will get are powerful videos giving you sharp, concise, and straight-to-the-point explanations that will allow you to connect the right dots in no time and truly accelerate your understanding of the most tricky parts of the program so you get laser-focused on what’s important on exam day.

A unique Teaching Style you can recall even years after your exam.

The Visual Method we're going to introduce you is much easier to understand compared to the text books. By combining mnemonic devices, clever Tips & Tricks, analogies, storytelling, colorful schemes, acronyms, and mnemonics (all with good humor), you will learn and retain the syllabus easily, in a fun, informative, and engaging way. This will help you sit for the exam with confidence, knowing that you can visually recall everything...

Macro, Micro & International CFA Economics PLUS GDP, Unemployment, Monetary & Fiscal Policy, Monopolies, Supply & Demand

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What you will learn

• A Solid and Efficient plan from Jhan Burger to crack down CFA Level 1 Economics Section
• Macro Economics: The Big 5: GDP, Un-Employment, Inflation, Monetary Policy, Fiscal Policy
• International Economics: Currencies, Direct Quote, InDirect Quote, CIRP, Arbitrage, Forward Currency Rate

Rating: 4.8

Level: All Levels

Duration: 6 hours

Instructor: Peter Alkema