This course is tailored for actuarial students preparing for the Institute and Faculty of Actuaries (IFoA-UK) CB2/CT7 examination, with a strong focus on how economic principles influence financial and insurance markets. Unlike CPA economics, which emphasizes accounting and business decisions, this program highlights the actuarial applications of economics—from understanding how interest rates, inflation, and government policy affect insurance contracts, pensions, and investments, to analyzing market structures, risk, and global financial systems. Learners will explore micro and macroeconomic theory, but always with direct links to actuarial modeling, policy design, and long-term financial stability. The course blends theory, case studies, and past exam practice to build a deep and applied understanding. By completion, you will be equipped to excel in IFoA exams and apply economic reasoning in risk management, actuarial reporting, and financial decision-making.
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