China’s economy is a unique amalgam of top-down planning and capitalism red in tooth and claw. A state-controlled system that is different to any market economy. This course will help you understand the complexities of China’s distinct development model and the impact it has on global markets. For financial professionals, policymakers and business professionals around the world, a sound grasp of the changes reshaping the Chinese economy and its markets is key to understanding both the investment opportunities and the risks that the country presents. Unbiased analysis, real-life examples and practical guidance will equip you with the analytical frameworks and tools to apply to your investment decisions, risk assessments or policymaking. You will learn directly from Enodo Economics’ team of experts, who together have over 250 years of experience focused on China’s economy, its politics and markets and its culture. We make use of specially shot online teaching videos that are produced to a high professional standard. The material, carefully tailored to the content of each course, includes interviews with relevant figures whose personal stories bring to life the concepts being taught. Imaginative visual aids and animation are designed to enhance the learning experience – and make it fun.

We’ll begin this course with a look at inventory and learn how to link inventory valuation to gross profit. We’ll also explore the four principal inventory valuation methods and assess the pros and cons of each inventory valuation method. Next, we’ll learn how to measure the cost of long-lived assets and distinguish between expenses and capitalized items. We’ll learn how to compute depreciation under various depreciation methods and explain the effect of depreciation on cash flow. We’ll also learn how to compute gains and losses on disposal of fixed assets as well as account for the impairment of tangible assets. Next, we’ll look at the concept of deferred taxes and learn how to distinguish between a deferred tax asset and liability. This course also teaches you on how to compute the value of a deferred tax liability and explains when and why a deferred tax liability would be considered an equity item. This course is part 3 of the New York Institute of Finance’s Financial Accounting Professional Certificate.

This course is Part 1 of the Credit and Credit Risk Analysis Professional Certificate program from the New York Institute of Finance. The course begins with an introduction to risk management and credit principles. You will review and understand credit risk, credit exposure, and the goals of credit analysis. You will learn about the purpose of debt, debt forms, and the difference between financing from debt vs. equity. In this course, you will gain a deeper understanding of the principles of credit risks, including exposure, default, default probability, expected loss, and loss given default. Important concepts will be covered that will help you to effectively assess business and industry risks, company business models, market competition, and the impact of risks on company performance. You'll examine how companies measure and mitigate these risks. Lastly, you'll review the roles of credit-rating agencies and the usefulness of market-related metrics, such as share prices and credit spreads. At the end of the course, you'll complete a hands-on risk analysis assessment.

Accounting is the language of business. It is difficult to understand business without knowing some accounting. Knowing accounting will help learners better understand and contribute to their own companies and better understand business around them. The course also helps students use the financial statements to gather inputs to valuation models and for corporate finance decisions. Finance Accounting is part of the MicroMasters® Program in Finance. It provides a rigorous introduction to the principles of financial accounting. We will focus on the preparation and analysis of financial statements, and on why financial statements take the form they do. We will cover the basic structure of financial reports and the process of recording transactions. We will also learn how investors, creditors, and other users analyze financial statements to assess corporate performance. The course will focus on using the financial statements to gather inputs to valuation models and for corporate finance decisions. This course offers general managers, financial analysts, financial advisors, quantitative researchers, asset managers, risk managers, quantitative developers working in financial services, professionals servicing the financial industry the tools to succeed. Undergraduate and graduate students looking to enter business in general or finance in particular would also benefit greatly from this valuable course. The course is excellent preparation for anyone planning to take the CFA exams.

Our present system of global capitalism is flawed. While it has produced immense wealth and economic growth in nearly all regions of the world, it has also prioritized profits over people and harmful consumption practices over the needs of our planet. Sustainable development must bring about a new world order to replace the vices of global capitalism, ensuring development, human wellbeing, and environmental security. This course presents Agenda 2030 and the Sustainable Development Goals as the necessary successor to laissez faire-style capitalism, and emphasizes the urgency of embracing sustainable development objectives to transform our economy into a more reactive, efficient, inclusive, and environmentally-conscious system. This 8-week massive open online course (MOOC) provides an in-depth look at the shortcomings of our current and past global economies, and shows why and how sustainable development has become the universally-prioritized agenda for the future of our world. The topics covered range from market economics to education, gender equality, international trade, financing, and more. This course is for: Policy professionals who want to understand frameworks for SDG planning Development practitioners seeking information on goals-based development Advanced undergraduates and graduate students interested in economics, development, and other key concepts related to the SDGs

National economies have grown substantially since the Industrial Revolution of the 19th century yet people have not necessarily seen an increase in opportunities to find decent work or earn a decent income. In fact, in some places, the increased productivity and rising profits associated with automation have directly impacted the availability of decent jobs. According to the International Labour Organization, more than 204 million people were unemployed in 2015, and more than 600 million new jobs are needed by 2030 just to keep pace with the growth of the working-age population. We also need to improve working conditions for the 780 million women and men who are employed but not earning enough to lift themselves and their families out of poverty. In addressing these core issues we will not only see increasing decent work opportunities but also more robust, inclusive and poverty-reducing growth. This course explores the past and future of work in the context of the SDGs, particularly SDG 8: Decent Work and Economic Growth. It examines the state of income and employment around the world, barriers to employment, policies to promote economic opportunity, and the future of work in our rapidly changing world. Encouraging entrepreneurship and job creation are key to achieving the SDGs, as are effective measures to eradicate forced labour, slavery and human trafficking. With these targets in mind, the world can achieve full and productive employment and decent work, for all women and men, by 2030. This seven-module massive open online course (MOOC) provides an in-depth look at the issues of inclusive and sustainable economic growth, full and productive employment, and decent work for all. The topics covered include structural shifts in economies and work; informality, gender and child labor, the modern welfare state; the future of work, and more. The course concludes with a special module by the ILO on realizing decent work for all and achieving SDG 8. This course is for: Policy professionals who want to understand frameworks for SDG planning Development practitioners seeking knowledge on goals-based development Advanced undergraduates and graduate students interested in economics, development, and other key concepts related to the SDGs

FinTech has started a global revolution in the financial services industry, and the transformation will only increase in coming years. There are many ways in which FinTech can improve the lives of people around the world; however, those same technologies can also be used to enslave, coerce, track, and control people. Accordingly, it is appropriate and necessary to consider the implications of the introduction of these technologies so that they are utilized properly, regulated sufficiently, and their adoption does not come at the expense of societal growth. This 6-week online coursecovers 6 modules, representing the full spectrum of finance, technology, and the introduction of FinTech solutions globally. We will ask questions that are not often asked or addressed when new technologies are adopted. Why should we adopt FinTech solutions, and what are the best ways to introduce disruptive technologies? How does blockchain technology change the way we provide financial services, and how should blockchain technology be governed? Is FinTech creating risks in cybersecurity and how can technology help us prevent financial crimes? As Artificial Intelligence (AI) is developed and adopted, will human biases and prejudices be built into such mechanisms? And at a larger scope, should FinTech lead to a decentralized, democratized system of finance, or will existing institutions adopt FinTech strategies to cement their existing hold on the financial markets? Through discussing and attempting to answer these questions, you will understand better how the introduction of these technologies can benefit or harm society. And through considering the proper application or introduction of such technologies, you will learn to make better decisions as an individual and organization when facing the question: is FinTech our savior or a villain?

Over the past couple of years, the Chinese government has finally started to open China’s financial system and its equity and bond markets to the outside world. Onshore assets are now part of the main global and emerging market indices. But most investors openly admit they are putting money to work in a market they mistrust and do not understand well enough. In this course you will learn how China’s financial markets truly work. You will see how its state-owned commercial banks control the flow of domestic savings and how Chinese companies became the global leader in mobile payments. You will understand the nature of the Chinese stock market and the Chinese bond market, how Chinese investors trade and what the driving forces of these markets are. Foreign investors will learn how to recognise investment opportunities and guard against the idiosyncratic risks. You will understand the role of the State Council, the People’s Bank of China – its central bank, and the Ministry of Finance – its Treasury, in setting monetary policy, interest and foreign exchange rates and supervising China’s banking system and financial institutions. Unbiased analysis, real-life examples and practical guidance will equip you with the analytical frameworks and tools to apply to your investment decisions, risk assessments or policymaking. You will learn directly from Enodo Economics’ team of experts, who together have over 250 years of experience focused on China’s economy, its politics and markets and its culture. We make use of our own bespoke online teaching videos that are produced to a high professional standard. The material, carefully tailored to bring to life the content of each course, includes interviews with relevant figures whose personal stories make real the concepts being taught. Imaginative visual aids and animation are designed to enhance the learning experience – and make it fun.

In this macroeconomics course, you will learn to predict macroeconomic variables such as inflation, growth or consumption, and to create statistical models in economics and use them to predict responses to economic policy. You will learn from hands-on demonstrations of model-building, forecasting and policy analysis, using data sets from a wide variety of countries. Demonstrations and applications will be conducted using EViews —a popular software for estimating and simulating forecasting models on Windows. Free, temporary licenses for EViews will be made available for the duration of the course. Macroeconometric Forecasting is offered by the IMF with financial support from the Government of Japan.

In this course, you will learn about sample surveys with the concepts of samples and populations. In addition, we will discuss possible problems(bias) of the surveys based on practical examples and concept of probability errors in sampling. This course will familiarize you with statistical inference, the process by which data is used to draw a conclusion or uncover a scientific truth about a population from a sample. You can learn how to obtain confidence intervals and estimate the population percentage using sample percentage. We will also cover statistical inferences using sample average to estimate the population average with the concept of standard error and measurement error. Finally, you will learn fundamental idea and process of significance test to determine whether the observed difference is real or simply accidental. Test for difference in average between two groups and Chi-Square test will be discussed in depth in this course.