Level I CFA® Prep – Economics

Firms and Market Structures [99min]
13 Nuggets | 1 Quiz
PRE: Own-Price Elasticity of Demand
PRE: Cross Price and Income Elasticity of Demand
PRE: Substitution and Income Effects
PRE: Marginal Returns and Productivity
Breakeven and Shutdown Analysis
Economies and Diseconomies of Scale
Characteristics of Market Structures
PRE: Perfect Competition
Monopolistic Competition
Oligopoly
PRE: Monopoly
Pricing Strategy
Determining Market Structure
QUIZ: Firms and Market Structures
PRE: Aggregate Output, Prices, and Economic Growth [53min]
6 Nuggets
PRE: Introduction to GDP
PRE: Components of GDP
PRE: Aggregate Demand and Aggregate Supply
PRE: Shifts in Aggregate Demand and Supply
PRE: Macroeconomic Equilibrium
PRE: Economic Growth and Sustainability
Understanding Business Cycles [47min[
7 Nuggets | 1 Quiz
Overview of the Business Cycle
PRE: Effects on Housing Sector and External Trade
PRE: Unemployment
PRE: Inflation
PRE: Measuring Inflation
Credit Cycles
Economic Indicators over the Business Cycle
QUIZ: Understanding Business Cycles
Fiscal Policy [42min]
5 Nuggets | 1 Quiz
PRE: Money and its Creation Process
PRE: Demand and Supply of Money
PRE: Expected and Unexpected Inflation
Fiscal Policy
Fiscal Policy Tools
QUIZ: Fiscal Policy
Monetary Policy [30min]
4 Nuggets | 1 Quiz
Roles and Desirable Qualities of the Central Bank
Monetary Policy Tools
Limitations of Monetary Policy
Interaction Between Monetary and Fiscal Policy
QUIZ: Monetary Policy
Introduction to Geopolitics [24min]
3 Nuggets | 1 Quiz
Geopolitical Interactions and Globalisation
Trade Organisations
Geopolitics: Tools and Risks
QUIZ: Introduction to Geopolitics
International Trade [35min]
4 Nuggets | 1 Quiz
PRE: International Trade
Benefits and Costs of Trade
Trade Restrictions and Trade Agreements
PRE: Balance of Payments
QUIZ: International Trade
Capital Flows and the FX Market [31min]
4 Nuggets | 1 Quiz
Foreign Exchange Rates
Exchange Rate Regimes
Exchange Rates, International Trade, and Capital Flows
Capital Restrictions
QUIZ: Capital Flows and the FX Market
Exchange Rate Calculations [11min]
2 Nuggets | 1 Quiz
Cross Exchange Rates
Forward Exchange Rates
QUIZ: Exchange Rate Calculations
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Interaction Between Monetary and Fiscal Policy

Level I CFA® Prep – Economics Monetary Policy [30min] Interaction Between Monetary and Fiscal Policy
[d] interaction of monetary and fiscal policy

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Welcome to PrepNuggets

Hey Future CFA Charterholder,

Many years ago, I was exactly where you are today—a CFA Level I candidate juggling a demanding full-time career with the daunting CFA curriculum. Coming from a Computer Engineering background, finance was entirely new territory for me. And yes, it was tough!

I struggled with dense textbooks, late-night cramming, and the frustration of concepts that seemed impossible after a long workday. But after passing Level I (barely), I realized something had to change.

Studying Smarter, Not Harder

Using the Pareto Principle (80/20 rule), I distilled the vast CFA syllabus into essential, easy-to-understand nuggets. I leaned into visual summaries and bite-sized learning sessions that worked around my busy schedule. This smarter approach helped me clear Levels II and III on my first attempts with significantly less stress.

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Join the PrepNuggets community today—sign up for your free account, and let our thoughtfully crafted materials propel you toward CFA success without unnecessary overwhelm.

Here’s to your CFA journey!

Keith Tan, CFA
Founder & Chief Instructor, PrepNuggets

About the Author

PrepNuggets

Keith is the founder and chief instructor of PrepNuggets. He has a wide range of interests in all things related to tech, from web development to e-learning, gadgets to apps. Keith loves exploring different cultures and the untouched gems around the world. He currently lives in Singapore but frequently travels to share his knowledge and expertise with others.

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