9 Class Hours

Instructor: Thomas Siems, Ph.D.

Why this course is important:

Economics for Bankers provides community bank leaders with a clear understanding of the economic forces that shape the banking environment. This course offers a practical approach to reading and interpreting financial data, evaluating macroeconomic trends and understanding the role of monetary policy in banking. Through real-world applications and interactive exercises, participants will strengthen their ability to make informed, strategic decisions in an ever-changing economy.

Key takeaways of this course:

  • Master Key Economic Indicators – Understand how GDP, inflation, employment and interest rates influence banking operations and community financial health.
  • Interpret Financial and Economic Data with Confidence – Develop the skills to analyze reports, sentiment indices and media sources like The Wall Street Journal.
  • Apply Economic Insights to Strategic Bank Decisions – Learn how Federal Reserve policies and macroeconomic trends impact bank strategy, lending and risk.
  • Assess and Manage Risk in a Shifting Economy – Evaluate credit conditions, delinquency rates, and policy risks to maintain financial stability.
  • Build and Use a Personalized Economic Dashboard – Track the most relevant economic indicators to support informed, data-driven banking decisions.

 

Annual School Session

First Year Elective Course

Competency: Financial Management & Strategy