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The Actuary The magazine of the Institute & Faculty of Actuaries

Syllabus and Core Reading changes for CT7

The syllabus and Core Reading for CT7 will change for the exams from April 2010 onwards. CT7 will be renamed ‘Business Economics’ and the emphasis will be on economics in a business context. The scope of economic theory covered will be similar to that in the current CT7 but the change of focus will make the subject more accessible to students and more useful in their work. The material will help underpin some of the material covered in CT9 (Business Awareness) and the changes have been discussed extensively with practising actuaries, universities and ActEd.

The Core Reading will link to a standard textbook, Economics for Business by John Sloman and Kevin Hinde. The book is accompanied by a range of online material which will be a source of additional (non-examinable) information for students.