This high-level pathway introduces some of the concepts you will need to understand in order to grasp how markets function.
Macro & Markets
Watch all the videos and pass the test to obtain a certificate showing your completion of this Pathway. Certificates can be shared directly to your LinkedIn profile and social media accounts.
12 videos • 2 hours 34 minutes
In the first video of this series, Tim dives into the history of money and describes the transition process from bartering into paper money. Similarly, he describes the development of central banks and their roles today.
Tim Hall • 12:26
Kevin provides his views on the the recent action by central banks surrounding their quantitative easing programmes: whether they are sustainable and their effects on capital markets of the policy normalisation.
Kevin Gardiner • 13:49
The bursting of the US housing bubble and the subsequent collapse of the sub-prime mortgage market triggered a series of events that led to what we now call the global financial crisis. Trevor discusses the monetary policy response to that crisis, in particular quantitative easing.
Trevor Pugh • 06:38
Fiscal policy is one of three pillars of macroeconomic policy that can be used to influence the trajectory and growth rate of an economy. In this video, Tim provides an overview of macroeconomic theory that will provide the foundation for a more detailed discussion on fiscal policy.
Tim Hall • 18:12
In the first video of his series, John introduces the IBOR transition process. He begins by explaining how LIBOR emerged, became one of the major focal points for regulators and central banks and was entrenched in all markets for all financial market participants. John briefly explores the two unavoidable issues with LIBOR that have surfaced in the last few years.
John Ewan • 09:11