- CFA Exams
- 2025 Level I
- Topic 2. Economics
- Learning Module 2. Understanding Business Cycles
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Learning Outcome Statements PDF Download
| 1. Overview of the Business Cycle describe the business cycle and its phases | |
| 2. Credit Cycles describe credit cycles | |
| 3. Economic Indicators over the Business Cycle describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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