Okun`s Law

If output growth is high, unemployment will decrease, and this is indeed true. This relation was first examined by U.S. economist Arthur Okun and for this reason has become known as Okun’s law. Figure 2-5 plots the change in the unemployment rate on the vertical axis against the rate of growth of output on the horizontal axis for the United States since 1960.

@fineconim

We will be having our next speaker soon. Stay tuned!

We are having our next speaker, Bekhruz Akhmedov, experienced economist and founder of Finance Pro.

We will talk about general concepts related to econ and financial literacy.

Date: 19:00, Sunday, May 18th (Asia/Tashkent)

Share with you friends))

@fineconim

We will start in 15 minutes!

We had an interesting and informative conversation with Bekhruz Ahmedov, an experienced economist!

We talked about:

- Finance Pro
- Best resources to learn Economics
- Financial literacy in Uzbekistan
- Common misconceptions regarding how Financial system works
- Most demanded skills in Econ and Finance career
- Final advise to those starting their career in Economics

#interview

@fineconim

The book recommended by our guest to learn Economics))

@fineconim

Let`s talk about how we construct the GDP.

C - Consumption. Goods and services purchased by consumers, ranging from food to airline tickets, to new cars, and so on.

I - Investment is sum of purchases by firms of new plants or new machines by firms and purchases of new houses by people.

G - Government spending. This is purchase of goods and services by government. G does not include government transfers, like Medicare or Social Security payments, nor interest payments on the government debt.

X - Exports. Purchase of goods and services by foreign countries.

M - Imports. Purchase of foreign goods and services by our country.

So, GDP is equal to C + I + G + X - M

Next time, we will talk about Finance))

@fineconim

We are really excited to have our next speaker, Evangelos Koutronas, D.Sc., Ph.D.

He is Senior Lecturer and Head of Labor Economics Research Cluster at Westminster International University in Tashkent.

He spent 7 years working in the United States and 8 years in Malaysia, and while in Greece got a decade of experience across accounting & finance, real estate, financial services, IT and economic analysis.

Date: 19:00, Sunday, May 25th

Share with your friends))

@fineconim

We have started!

With Evangelos Koutronas, D.Sc., Ph.D. we talked about:

- Labor market and trends, competition
- Career in Economics, Finance, Academia
- Impact of AI on job market
- Success of China
- Why Uzbekistan is not developing, issues, Nuclear Plant by Russia
- Why Kazakhstan is developing at much better pace
- COVID-19 and its impact on the world economy
- Game Theory and Russia and Ukraine

#interview

@finecon

Guys, I was planning to have a 30-min interview.

But, we had 1-hour conversation.

I was impressed by his expertise, speech. I wish I could talk for the whole day.

Must listen!

Hey guys,

Here is the free Financial Modeling course:

https://drive.google.com/drive/folders/1RxjH_bJM0jxVmM97rQQ_UgGJ33tzm3HN

Enjoy!

@finecon

Hello everyone,

We are having our next interview with Nursultan Ristibaev, CFA.

He is one of the few CFA chartholders in Uzbekistan, passing all CFA exams. He is a manager at PwC.

Time: 19:00, Sunday, June 1st

Note: Interview will be held in Uzbek

Let me know your questions below 👇

@fineconim

Here you go!

The 400 Investment Banking questions and answers you need to know.

@fineconim