Economics for Bankers

Economics for Bankers


Course Description:  This program introduces you to the fundamental principles of economics. Special emphasis is placed on macroeconomics and topics of importance to you as a banker. The course covers the basics of economic theory and includes examples of the application of economics to banking.

Member Online Enrollment | Non-Member Online Enrollment

Price $500 NBA or ABA Members/$650 Non-Members
A handling charge of $5.00 is added to courses with eBooks.
Length 16 Weeks
Course Credits ICB: 45 (CLBB, CSOP or CFMP); ACE: See below
Required Software Technical Requirements
Textbook An electronic copy of the textbook, Economics: Fundamentals for Financial Services Providers, is provided online.

Classroom Training – Textbooks
Purchase textbooks for in-bank or classroom training.  Call (402) 474-1555 to discuss earning ABA credit for in-bank courses.

Audience:   Bank personnel who have not had a formal course in Economics and wish to increase their understanding of economics as it relates to banking.

Learning Objectives:  After successfully completing this program, you will be able to:

  • Understand the meaning of economic terminology and the discipline of economic reasoning
  • Follow economic news and analyze important economic questions
  • Locate and obtain economic data and information and use it to examine contemporary economic issues
  • Apply economic principles to important questions in the financial services industry
  • Use basic graphing and graph interpretation skills to examine economic questions
  • Understand the major economic policy problems faced by government: economic growth, unemployment, inflation, and budget deficits and debt
  • Understand the aggregate demand/aggregate supply model and its importance in examining major economic policy problems
  • Recognize major economic policy controversies and the various schools of thought associated with them

Topics Covered:

  • The Economic Problem: Scarce Resources, Unlimited Wants, and Opportunity Costs
  • The Concepts of Demand, Supply, and Equilibrium
  • Business Organization
  • Unemployment and Inflation
  • The Business Cycle
  • Aggregate Demand and Aggregate Supply
  • Expenditures Analysis
  • Fiscal Policy
  • Money and Financial Markets
  • The Federal Reserve Structure and Policy

ACE College Credit Recommendation: In the upper division baccalaureate degree category, 3 semester hours in Economics or Social Science elective.

Proctored Examination Required
This course requires proctored exams. You will need to identify a person from your institution who will proctor your exams during business hours, Monday – Friday between 9 a.m. and 5 p.m., Eastern USA Time. This person should be your Human Resources Training Manager, supervisor, or someone from the management team of your organization. Make sure to arrange your proctor well in advance of your exam date.

If you do not work with an institution, you will need to contact a university/college, library, or a testing center to request they proctor your exam. You will be asked to provide the telephone number of your proctor in case we need to reach that person for verification. A relative or friend cannot proctor an exam. All parties must abide by the ABA exam policy. There are no exceptions.​​​​​​​​​​

The Nebraska Bankers Association is a Local ABA Training Provider.

For More Information Contact:

Joanne Smith
Education and Member Information Coordinator

Nebraska Bankers Association / 233 South 13th Street, Suite 700 / PO Box 80008 / Lincoln, NE 68501-0008