Trustner AcademyTrustner AcademyCourses
Layer 4 · Professional CertificationsCFA® Level 2Exam: CFA Institute

CFA® L2 — Economics

Currency exchange rates, economic growth models, regulation, sustainable investing — economics applied to investment decisions.

25 hours of content1 chaptersFree during Phase 1

Quick info

Layer
Professional Certifications
Track
CFA® Level 2
Estimated hours
25 hrs
Chapters
1
Exam body
CFA Institute
Cost on Trustner
Free
Full course material live

Every chapter below has Foundation, Deep Dive, and Advanced material — read in any order, expand each chapter to see the full content.

About this course

CFA L2 Economics covers currency exchange rates, economic growth, and economics of regulation. Item sets test application — given a scenario, what does covered interest parity predict for the forward rate? ~5-10% L2 weight.

Who this is for

  • CFA L2 candidates.
  • FX traders and global allocators.
  • Macro analysts.

What you'll learn

  • Currency exchange rates — parity conditions, forward pricing, carry trade
  • Economic growth — production function, convergence, total factor productivity
  • Economics of regulation — types, costs, capture

Course material — 1 chapters

Each chapter offers three tiers — Foundation for the core concept, Deep Dive for worked examples and practitioner depth, and Advanced for edge cases and exam tips. Click any chapter to expand.

  1. 1
    Reading 1

    Currency exchange rates — parity conditions

    • Covered and uncovered interest parity
    • Purchasing power parity
    • International Fisher relation
    • Forward rate calculation
    • Carry trade
    ✓ Full chapter — read, examples, FAQ, MCQs

More from CFA® Level 2