ECONOMICS: CFA® Program Curriculum 2026 • LEVEL I • VOLUME 2

Test for Learning Module 1 The Firm and Market Structures

Test for Learning Module 2 Understanding Business Cycles

Test for Learning Module 3 Fiscal Policy

Test for Learning Module 4 Monetary Policy

Test for Learning Module 5 Introduction to Geopolitics

Test for Learning Module 6 International Trade

Test for Learning Module 7 Capital Flows and the FX Market

Test for Learning Module 8 Exchange Rate Calculations