AIB Overview     AIB Online     AIB Online Schedule     ABA eLearning     AIB Diplomas ECONOMICS FOR BANKERS Course Description:   This program introduces you to the fundamental principles of economics. Special emphasis is placed on macroeconomics and topics of importance to you as a banker. The course covers the basics of economic theory and includes examples of the application of economics to banking. Delivery Methods: Instructor-led online course - AIB Online Overview   Course Start Dates     Enroll Online       Print Registration Form Price $425 NYBA or ABA Members/$525 Non-Members  Length 16 Weeks Course Credits AIB: 3.0; ICB: 45  (CLBB, CSOP or CFMP); ACE: See below Prerequisites None Required Software Adobe Acrobat Reader; Microsoft Internet Explorer Browser 7.0 or Mozilla Firefox 2.0 or higher Textbook An electronic copy of the textbook, Economics: Fundamentals for Financial Services Providers, is provided online. Self-Study - AIB Self-Study $300 members; $400 non-members (text must be purchased separately) Classroom Training - Textbooks Purchase textbooks for in-bank or classroom training.  Call 212-297-1679 to discuss earning AIB credit for in-bank courses. Audience:   Bank personnel who have not had a formal course in Economics and wish to increase their understanding of economics as it relates to banking. Learning Objectives:  After successfully completing this program, you will be able to: Understand the meaning of economic terminology and the discipline of economic reasoning Follow economic news and analyze important economic questions Locate and obtain economic data and information and use it to examine contemporary economic issues Apply economic principles to important questions in the financial services industry Use basic graphing and graph interpretation skills to examine economic questions Understand the major economic policy problems faced by government: economic growth, unemployment, inflation, and budget deficits and debt Understand the aggregate demand/aggregate supply model and its importance in examining major economic policy problems Recognize major economic policy controversies and the various schools of thought associated with them Topics Covered: The Economic Problem: Scarce Resources, Unlimited Wants, and Opportunity Costs The Concepts of Demand, Supply, and Equilibrium Business Organization Unemployment and Inflation The Business Cycle Aggregate Demand and Aggregate Supply Expenditures Analysis Fiscal Policy Money and Financial Markets The Federal Reserve Structure and Policy ACE College Credit Recommendation:  In the upper division baccalaureate degree category, 3 semester hours in Economics or Social Science elective. Questions: Call NYBA Professional Development at 212-297-1679 or elegg@nyba.com. The New York Bankers Association is a Local ABA Training Provider.