This masterclass is accredited by The Financial Planning Institute for 9 points
A User's Guide to Understanding Economics and Economic Jargon.
The economy matters substantially to the health, wealth, and prosperity of the country, its companies, and its citizens. Yet, sadly, economics often is not well understood, with the jargon and language of economics making this important topic regarded as inaccessible, misunderstood, or simply disregarded. Or, where people try to give economics the necessary attention, they are quickly caught up in technical terms and acronyms – like a gross domestic product, foreign portfolio flows, CPI, and MPC - that leave users lost in the language and often bewildered by the terminology and how it all fits together?
Against this backdrop, this masterclass has two main objectives. The first is to give you a solid grasp of how economies fit together, what makes them work (or fail) and how the performance of an economy transfers into the performance of companies and the well-being of countries. The second is to strip away the jargon of economics to give you a common-sense understanding of the key terms and terminology.
About the Presenter: Professor Adrian Saville
Adrian Saville's qualifications include a Bachelor of Arts (Honours) (cum laude), M.Com (cum laude) and PhD (Economics), which he completed at the University of Natal in 1997 and for which he was awarded the Economics Society of South Africa's Founders Medal. He is a UNESCO laureate and a matriculant of Linacre College (Oxford). He has completed programmes in value investing and competitive strategy at New York's Columbia University and Harvard Business School in Boston.
In 1994, while completing his doctorate in economics, Adrian formed an investment vehicle which became the forerunner to Cannon Asset Managers which he founded in 1998. In 2017 Bidvest Financial Services acquired Cannon Asset Managers. Today Adrian serves as Chief Executive at Cannon Asset Managers.
Adrian has experience in managing all the major asset classes and has successfully combined teaching and business, having lectured at the University of the Witwatersrand, the University of KwaZulu-Natal, the University of Pretoria, London School of Business, Kelley School of Business, Rotterdam School of Management and the Estonian Business School. He has held a Professorship of Economics, Finance & Strategy at the Gordon Institute of Business Science (GIBS) since 2003, where he teaches in the fields of macroeconomics, investment finance and strategy. Adrian has received the Excellence in Teaching Award at GIBS one ten occasions since 2007. In 2012 he was nominated for the Economist Intelligence Unit's Business Professor of the Year Award and in 2014 he received the Central and East European Management Development Association award in teaching excellence. Adrian's successful career has encompassed consulting widely to government and the corporate world, including serving as an economic consultant to Visa South Africa. He has presented to global audiences in many destinations, including Botswana, Brazil, Chile, Estonia, France, India, Japan, Germany, Ghana, Kenya, Netherlands, Nigeria, Singapore, United Kington, United States, Zambia and Zimbabwe.
The above Masterclass is also available on an in-house basis.
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'95% of economics is common sense'
Ha-Joon Chang
