CT7 - Business economics
This subject provides a grounding in the fundamental concepts of economics as they affect the operation of insurance and other financial systems.
This is looked at both from the point of view of individuals and their requirements for financial security, and from the point of view of financial institutions and their ability to provide products that meet customer needs. It will also provide a sufficient understanding of macroeconomics to enable the future actuary to interpret the economic environment and to make informed judgements as to suitable assumptions to make regarding future inflation, returns on investment, stock market behaviour, exchange rates and economic growth.
You can find details of:
- full objectives of the course in the syllabus
- any changes made to the syllabus for this year’s exams
- past exam papers.
These documents, and others, are available on the right of this page.
As this subject has been recently revised specimen exam papers for the revised version are also available on the right.
Suggested reading for Subject CT7
A reading list of suggested additional reading is available for Subject CT7.
The exams will be based on the syllabus and core reading for the subject, and the ActEd course material will be the main source of tuition. However, if you want clarification on some points or want to read further then you may find it useful to consult the texts suggested to get a different viewpoint.