2024 CFA Program Curriculum Level III Box Set.

Format:

Book

Author/Creator:

CFA Institute.

Contributor:

ProQuest ebook central

Lippincott Library Book Endowment Fund.

Series:

CFA PROGRAM CURRICULUM: LEVEL III.2024

Language:

English

Subjects (All):

Investments--United States--Examinations--Study guides.

Investments.

Physical Description:

1 online resource (3621 p.)

Place of Publication:

Newark : John Wiley & Sons, Inc, 2023.

Contents:

Intro

Copyright Page

Table of Contents

2024 CFA Program Curriculum Level 3 Volume 1: Portfolio Management

Title Page

How to Use the CFA Program Curriculum

Errata

Designing Your Personal Study Program

CFA Institute Learning Ecosystem (LES)

Prerequisite Knowledge

Feedback

Portfolio Management

Capital Market Expectations, Part 1: Framework and Macro Considerations

Learning Outcomes

1. Introduction & Framework for Developing Capital Market Expectations

1.1.1. Framework and Challenges

1.1.1.1. A Framework for Developing Capital Market Expectations

2. Challenges in Forecasting

2.1.1. Limitations of Economic Data

2.1.2. Data Measurement Errors and Biases

2.1.3. The Limitations of Historical Estimates

2.1.4. Ex Post Risk Can Be a Biased Measure of Ex Ante Risk

2.1.5. Biases in Analysts' Methods

2.1.6. The Failure to Account for Conditioning Information

2.1.7. Misinterpretation of Correlations

2.1.8. Psychological Biases

2.1.9. Model Uncertainty

3. Economic and Market Analysis: The Role of Economic Analysis and Analysis of Economic Growth: Exogenous Shocks to Growth

3.1.1. The Role of Economic Analysis

3.1.2. Analysis of Economic Growth

3.1.2.1. Exogenous Shocks to Growth

4. Applying Growth Analysis to Capital Market Expectations

4.1.1. A Decomposition of GDP Growth and Its Use in Forecasting

4.1.2. Anchoring Asset Returns to Trend Growth

5. Approaches to Economic Forecasting

5.1.1. Econometric Modeling

5.1.2. Economic Indicators

5.1.3. Checklist Approach

5.1.4. Economic Forecasting Approaches: Summary of Strengths and Weaknesses

6. Business Cycle Analysis, Phases of the Business Cycle and Market Expectations and the Business Cycle

6.1.1. Phases of the Business Cycle

6.1.2. Market Expectations and the Business Cycle

7. Inflation and Deflation: Trends and Relations to the Business Cycle

8. Analysis of Monetary and Fiscal Policies

8.1.1. Monetary Policy

9. What Happens When Interest Rates Are Zero or Negative? And Implications of Negative Rates for Capital Market Expectations

9.1.1. Implications of Negative Interest Rates for Capital Market Expectations

10. The Monetary and Fiscal Policy Mix and the Shape of the Yield Curve and the Business Cycle

10.1.1. The Shape of the Yield Curve and the Business Cycle

11. International Interactions

11.1.1. Macroeconomic Linkages

11.1.2. Interest Rate/Exchange Rate Linkages

Summary

References

Practice Problems

Solutions

Capital Market Expectations, Part 2: Forecasting Asset Class Returns

1. Introduction

2. Overview of Tools and Approaches

2.1. The Nature of the Problem

Notes:

Description based upon print version of record.

2.2. Approaches to Forecasting

Electronic reproduction. Ann Arbor, MI Available via World Wide Web.

Local Notes:

Acquired for the Penn Libraries with assistance from the Lippincott Library Book Endowment Fund.

Other Format:

Print version: Institute, CFA 2024 CFA Program Curriculum Level III Box Set

ISBN:

9781394220861

1394220863

Publisher Number:

99995472596

Access Restriction:

Restricted for use by site license.