Hello everybody, After studying economics in Schweser books and looking into CFA level1 book of economics I didn’t find anything about interest rate parity and exchange rates exercices. Can anybody confirm me if this is material for level 2 and should not be studied for level 1 ? Regards, Olivier
If its in the CFAI text for Level 1, then its testable. You get new txtbooks for L2. Its not part of Econ for L1 though from memory. All you need to know is basic Economics - elasticities, market structures, functions of Fiscal/Monetary Polcies, central banks, ASAD model, inflation and the fun stuff like that.