Saturday, June 24, 2006

Learnings from the Foundation module

What did i learn during the foundation module ?

I learnt to read and comprehend financial statements, balance sheets and Profit & Loss statements of a company, some statistics stuff and a lot of Economics ( Micro Economics - pricing, costing, productivity, monopoly, oligopoly, perfect competition, consumer behavior, etc. Macro Economics - govt’s role in controlling money markets, sensex, forex, economic crisis in Japan, South-East Asia, current Chinese economy, etc)

I am comfortable in comprehending as to why the sensex sheds points because of FII pullout and the relationship between FII pullout in India due to a Federal rate hike in the US, y Americans don’t save, y is China a gr8 exporter and how is it that manufacturing sector so damn cheap in China, how does the value of a currency fluctuate, whats inflation, from where does money come from when Govt is in need…..all these are so very interesting!!

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