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Dive into basic financial concepts, learn how to research and evaluate companies, understand economics principles, and analyze monetary and fiscal policies at the State Farm Financial Literacy Lab in Florida International University. Discover the key tools like Morningstar and The Wall Street Journal used for financial analysis. Explore macroeconomics topics such as GDP, imports and exports, and delve into microeconomics focusing on markets, households, and firms. Understand the impact of monetary and fiscal policies, interest rates, and inflation rates on the economy. Join the Bulls at FIU on a journey of financial education!
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Welcome Miami Northwestern Bulls! Florida International University State Farm Financial Literacy Lab
Objectives: • Basic financial concepts • Research • Learn financial concepts • How to use financial tools • How to valuate a company • What is credit
Tools • Research • What are we using? • Morningstar • The Wall Street Journal • Bloomberg.com • Yahoo finance
Economics • What is economics? • The study of choices • 1. What? • 2. How? • 3. For whom? • Types of systems • Cavemen? • Government system • Market system • Mixed
The Players Government
Economics • Consumers Luxuries vs. Necessities
Economics • Macroeconomics • GDP • Imports and Exports • Policies • Risks • Other countries
Economics • Microeconomics • Markets? • Households • Firms • Supply and Demand • What effects supply and demand?
Policies • Monetary Policy • What is monetary policy? • Who controls monetary policy? • What does monetary policy effect? • Fiscal Policy • What is it? • When are we going to hear about it?
Interest Rates • What is an interest rates? • When do we see them?
Inflation Rate • What does this even mean? • When do we see inflation? • Good or bad?