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 in the related content and associated documents boxes at 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.