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CT7 Business Economics

The aim of the Business Economics subject is to introduce students to the core economic principles and how these can be used in a business environment to help decision making and behaviour

It provides a grounding in the fundamental concepts of micro and macro economics as they affect the operation of insurance and other financial systems, 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 individual and institutional clients’ needs.

CT7 is one of the nine Core Technical (CT) subjects.  Students need to pass or obtain exemptions from all of the CT subjects.  Visit Exam exemptions for more information about how to apply for exemptions from the professional exams.

There are two opportunities each year to sit this exam: in April, and in September/October.

For the April exam sitting, bookings will open in January/February each year; for the September/October exam sitting, bookings will open in July.  Exam bookings are open for a limited period for each exam, and you must make your application by the closing date given on the form. You will need to pay the exam fee when you apply for the exam.

The Actuarial Education Company (ActEd), provides study material and tuition for this subject, as do a number of courses listed on our University courses with exemptions page.

The exams will be based on the syllabus as supported by the core reading.  The ActEd course material will be the main source of tuition as it expands on the core reading.  However, if you need clarification on some points, or want to read further, then you may find it useful to consult the texts suggested on the resources page to get a different viewpoint.

The recommended study time for this exam is between 125 and 150 hours depending on your past educational background in the subject

To gain exemptions through a university course, it is necessary to successfully complete the full degree or diploma and to gain sufficiently high marks to qualify for subject exemptions

Check our list of University courses with exemptions.

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Contact Details

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