myCPE

Economic Indicators: CPI and Inflation 1.5 Credits 1.5 Credits

Oct 20, 2021, 02:30 PM ET

Economic Indicators: CPI and Inflation 1.5 Credits 1.5 Credits

  • Rating

    5

  • Published on

    December, 1969

  • Subject Area

    Finance

Learning mode

Live Webinar
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Oct 20, 2021, 02:30 PM ET

Learning Objectives

  • To discuss simple index numbers.
  • To discuss weighted price indices.
  • To evaluate the mechanics of how the Consumer Price Index (CPI) is constructed in the U.S. and Canada.
  • To analyze how to put price indices to work by learning how to use them to calculate the inflation rate.
  • To assess how to adjust nominal data series into real series so they can be compared over time.
  • To discuss the causes and consequences of inflation and hyperinflation.
  • To analyze how and when the official figures are released to the public, their impact on markets, and then reinforce some of the concepts with a short active learning exercise.

Course Overview

During uncertain times, it is critical to gain an understanding of what is most likely to happen to the economy. This is an essential part of the business planning process.

Economic indicators are those often-voluminous statistics released by government agencies, non-profit organizations, and even private companies.

They provide measurements for evaluating the health of our economy, including the latest business cycles, consumer spending, inflation, housing, and so on. Various economic indicators are released quarterly, monthly, weekly, and even daily.

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

Attendees of the CPE course will learn about price indices and inflation.

Following major topics are discussed in this CPE webinar:

  • What are the causes and consequences of inflation and hyperinflation?
  • How and when the official figures of inflation and hyperinflation are released to the public?
  • What are the impacts of inflation and hyperinflation on market?
  • How to reinforce some of the concepts with a short active learning exercise?

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Finance for Certified Public Accountants (CPA-US) 1 CPE Approved
CPA in Canada 1.5 CPD Eligible
Certified Management Accountants (CMA) 1.5 CPE Eligible
Chartered Financial Analyst (CFA) 1.5 PL Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Capital Markets for Certified Treasury Professional (CTP) 1.5 CE Eligible
License details Credits Status
Finance for Certified Public Accountants (CPA-US) 1 CPE Approved
CPA in Canada 1.5 CPD Eligible
Certified Management Accountants (CMA) 1.5 CPE Eligible
Chartered Financial Analyst (CFA) 1.5 PL Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Capital Markets for Certified Treasury Professional (CTP) 1.5 CE Eligible

Additional Information

Credits

1.5

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Jason Dean

Jason Dean

Assistant, Western University

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Jason Dean is an Assistant Professor of Economics in the School of Mathematics, Economics, and Management at King’s University College in London, Ontario.  He received an HHBA from Wilfrid Laurier University, an MA in Economics from the University of Guelph, and a PhD in Economics from McGill University. Jason has a diverse teaching background with experience teaching economics courses at various institutions including Laurier, McMaster, Sheridan, and at various universities in China. He is an applied econometrician with broad interests in labour, housing, and health economics. He has published several peer-reviewed articles in on topics such as immigrant economic integration, the impact of job matching, and on labour market and housing outcomes of various marginalized groups in Canada.  Prior to entering academia, Jason was a Health Economist at Analysis Group in Montréal where he conducted empirical research on a variety of healthcare-related outcomes. His professional experience also includes various analyst positions in the marketing research and mutual fund industries. 

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

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