SAPP CFA1 Economics Slide 2026

Source Info

• Publisher: SAPP Academy
• File: economics/raw/SAPP_CFA1_Econ_Slide_2026.pdf
• Coverage: CFA Level 1 Economics — 9 modules (M01 + Pre + M02–M08)
• Year: 2026 curriculum

Modules Covered

Module	Title	Pages	LOS
M01	The Firm and Market Structures	2–84	Pre.i–Pre.vi, 1.a–1.e
Pre	Aggregate Output, Prices, Economic Growth	85–124	Pre.i–Pre.xiv
M02	Understanding Business Cycles	125–160	2.a–2.c
M03	Fiscal Policy	161–183	3.a–3.d
M04	Monetary Policy	184–216	4.a–4.d
M05	Introduction to Geopolitics	217–267	5.a–5.d
M06	International Trade	268–308	6.a–6.d
M07	Capital Flows and the FX Market	309–350	7.a–7.c
M08	Exchange Rate Calculations	351+	8.a–8.c

Key Topics

• Demand & supply analysis, elasticity, market structures (perfect competition, monopolistic competition, oligopoly, monopoly)
• GDP measurement, aggregate demand/supply, macroeconomic equilibrium, economic growth
• Business cycles, credit cycles, economic indicators
• Fiscal and monetary policy tools, central banking
• Geopolitics and its impact on economies
• International trade theories, trade barriers
• Balance of payments, FX market
• Exchange rate calculations, cross rates, forward rates