- CFA Exams
- 2023 Level I
- Topic 2. Economics
- Learning Module 11. 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 and Their Relationship to Business Cycles describe credit cycles; | |
3. The Impact of the Business Cycle describe how resource use, consumer and business activity, housing sector activity, and external trade sector activity vary as an economy moves through the business cycle; | |
4. Theories of the Business Cycle describe theories of the business cycle; | |
5. Economic Indicators interpret a set of economic indicators, and describe their uses and limitations; | |
6. Unemployment describe types of unemployment, and compare measures of unemployment; | |
7. Inflation |

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