“This program helps bring you in line with the current economic environment.”
FX & IR Trader,
ING Bank (Eurasia), Russia


Global Financial Markets in the Trump/Brexit Era
Get the BIG picture
Overview

Managers, especially those working in the finance sector, are bombarded by macroeconomics and financial news from around the world.  Since almost all decisions in this increasingly interconnected world depend on both macro and foreign developments, it is important for managers to understand how to integrate this information into a coherent framework, especially during a period as turbulent as 2017.

Global Financial Markets in the Trump/Brexit Era is a program with a strong emphasis on international applications. There are two objectives for this course. The first is to develop/review simple models of the goods and services, asset, capital, and labor markets which can be usefully applied to generate realistic predictions regarding the behavior of such macroeconomic variables as: output, employment, inflation, the current account, and interest and exchange rates. The second is to apply these models to understand and interpret current and historical macroeconomic developments, primarily in the industrialized OECD countries. There is a particular emphasis on understanding contemporary issues of global significance such as the consequences of Brexit, the impact of Trump, the Global Financial Crisis of 2008-09 and subsequent Euro crisis, and the Asian growth slowdown.

Global Financial Markets in the Trump/Brexit Era aims to provide managers with both a theoretical framework and the empirical knowledge needed to flesh it out. Having this in place will enable you to frame a broad number of managerial questions within a larger macroeconomic context, and allow you to navigate uncertainty with more precision and confidence. We will pay special attention to crises and current developments in America, Asia, and Europe.

 

How you will benefit

  • Understand the current macroeconomic environment within a coherent framework
  • Improve your understanding of long-term economic trends that reshape the landscape of the global economy
  • Grasp the linkages between macroeconomic dynamics and financial markets
  • Understand the factors behind currency and financial crises in developing and developed countries
  • Navigate uncertainty with more precision and confidence

 

 ***Program was formerly called Macroeconomics and Global Financial Markets***

This program is offered in association with:
UC Berkeley - Center for Executive Education

Content

SHORT RUN BUSINESS CYCLE FLUCTUATIONS

Introduction to Aggregate Demand and Aggregate Supply

  • Oil-price and monetary shocks
  • Global business cycles
    -  Incidence and explanations

The Multiplier Model

  • Fiscal policy
  • Banking crises, debt


The Closed Economy

  • The “Great Recession” of 2008-09


Case study


The Open Economy “Mundell-Fleming” Model of Capital Mobility

  • Monetary policy and Mundell’s “Holy Trinity”
  • Exchange rate regimes, currency crises


Economic Policy

  • European monetary union
  • Rules vs. discretion, and central bank independence


Case study

 
LONG-RUN TRENDS

Asset Markets and the Nominal Side: Inflation, Money, and Interest Rates

  • Money demand and supply
  • Central banks
  • Money multipliers and the transmission mechanism
  • The quantity theory
  • Nominal and real interest rates


Opening the Economy: Capital Flows, Exchange Rates, and the Current Account

  • Capital flows and country characteristics
  • The real exchange rate and the current account
    -  Global imbalances
  • Theory and evidence on purchasing power parity


Case study

Who should attend

Global Financial Markets in the Trump/Brexit Era  is applicable to any business professionals, coming from a broad range of disciplines in finance, corporate and strategic planning, advisory work, and financial regulatory bodies.

Faculty
Andrew K. Rose 

Andrew K. Rose is the B.T. Rocca Jr. Professor of International Business in the Economic Analysis and Policy Group, Haas School of Business at the University of California, Berkeley; he serves as Associate Dean for Academic Affairs, and Chair of the Faculty.  He is also a Research Associate of the National Bureau of Economic Research (based in Cambridge, MA), and a Research Fellow of the Centre for Economic Policy Research (based in London, England).  He received his PhD from the Massachusetts Institute of Technology, his M.Phil. from Nuffield College, University of Oxford, and his BA from Trinity College, University of Toronto.

Accreditation

CFA Institute - CE credit hours
Amsterdam Institute of Finance is registered with CFA Institute as an Approved Provider of continuing education programs. This program is eligible for 18 CE credit hours as granted by CFA Institute. If you are a CFA Institute member, CE credit for your attendance at this event will be automatically recorded in your CE Diary.
CFA Institute_CE Qualified Activity

 

VBA - PE points
The VBA in the Netherlands is the association for investment professionals and their customers.  For members of the VBA, this program has been granted 20 PE points as part of their continuing education (PE - Permanente Educatie) program.

VBA_20_PE

 


Dates & fees
Dates to be advised € 3,600
Contact us to be informed of dates as soon as they are available info@aif.nl

Program fee includes all study materials, books and software that are required for the program as well as daily luncheons.
Program fee is exempt from VAT for clients located in the Netherlands. For other EU and Non-EU clients, VAT may be due by client and will not be charged by AIF. Fees may be subject to change.
Testimonials

100% of the attendees in the May 2016 session would recommend this  program to their colleagues. (Note: the program was called Macroeconomics and Global Financial Markets)

 ________________


“Program gives a good overview on the subject and is relevant in the current economic scenario.”
Quantitative Strategist
NN Investment Partners
The Netherlands

 

“Very insightful both on macroeconomic topics as on country and large economies insight.”
Business Manager
Rabobank
The Netherlands

 

"I would recommend this course to those who need to understand international economics and finance.”
Chief Consultant
Eksport Kredit Fonden
Denmark

 

“The material is clearly explained with a lot of practical examples.”
Associate Director, Treasury
NIBC Bank
The Netherlands

 

Tentatively reserve a place Enroll now