CT7 is the paper code for Business Economics, which is a special branch of economics that bridges the gap between economic theory and. Subject CT7 – Business Economics For Examinations. Understand how firms deal with risk and uncertainty about future market movements. 1. Discuss the. Tips for clearing CT7- Business Economics – One of the easiest exams to crack provided person has studied economics either on class 12th or in.

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What are the changes one can expect in CT7 under the curriculum?

As gusiness will be no major changes in CT7 under the new curriculum, so one can either appear for it in September or can appear for it anytime after the implementation of the new curriculum. Here is a basic idea of what one can expect to study in CT7: Planning for Actuarial Science April Attempt???


When should one appear for CT7? Sections of this page. Does CT7 require knowledge of any other CT paper? Is there any CT subject that might require some knowledge of CT7? To know more on how to prepare for actuarial science exams, click here. How is the CT7 question paper structured? What additional books need to be read to prepare for CT7?

Business Economics is a special branch of economics that bridges the gap between economic theory and business management and so helps relate economics to business issues and make a decision based on the same. So lets make it easy for you.

Jikisha Ecknomics is a BBA graduate who is currently pursuing actuarial science.

Talks about how the level of national income is calculated and determined. Get your Video viral Public Figure. Describes how market equilibrium quantity and price are obtained and what impact changes in market demand and supply may have on the equilibrium position with the help of graphs.


Dont memorise the theory, understand the concepts. Recent Post by Page. Busineas Actuarial Junction aims to support you throughout your career so that you can develop or enhance the knowledge, skills and attributes appropriate to both current and future needs ecojomics actuarial practice. Tricky questions can be asked from last two sections.

What is money, how is it created and how it affects interest rates and the economy? CT7 is the paper code for Business Economics. Helps in understanding the different types of market structure in depth. No, CT7 can be done in isolation as it is not significantly dependent on any other CT paper. You might know the answer but you might lack in presentation in exam if not practiced well.

CT7 Business Economics: An Introductory Brief – StepUp Analytics

Tashi Fashion’s Clothing Brand. Introduces us to the concepts of micro and macroeconomics and how they differ from each other. CT7 is one of the more wordy subjects with multiple choice as well as essay type questions.

We are preparing our students for better education, problem solving and analytical skills and…. CA Chintan Patel Accountant.

CT7 aims to introduce the core buslness principles and how these can be used in a business environment to help shape behavior and decision making.

Explores the relationship between unemployment and inflation. Discusses the effect of demand and supply side policies on business and the economy. Tells us about the different pricing strategies adopted by the firm. For any details and queries contact- The Actuarial Junction query theacademicjunction.


Tells us about the calculation of maximum insurance premium for an individual and the minimum insurance premium required by an insurer. The question paper generally contains multiple choice question of 1. Here I discuss the common doubts students have regarding CT7: Investigates the reasons for market failure and the types of government intervention that can be implemented to address this failure and how this intervention can help in increasing competition within a market. Helps in understanding concepts like a marginal utility, cost, revenue, profit and graphs econokics to it; consumer surplus, bsuiness selection, moral hazard, opportunity cost, cost, revenue, profit, product businesw and its types, marketing and its four P, advertising and its effects, pricing and the product lifecycle.

Email or Phone Password Forgot account? Defines different types of elasticities of demand ft7 supply and explains its effect on the workings of the market in the short and the long run. Tips for clearing CT7- Business Economics – One of the easiest exams to crack provided person has studied economics either on class 12th or in graduation. Helps in understanding concepts like balance of payment, exchange rates and their interaction with each other, circular flow of income, four major macroeconomic objectives, Phillips curve.

Buck up yourself for Actuarial Science You might also like More from author Actuarial Science.

Under the curriculum, CT7 will be referred to as CB2. Also, it will continue to be a 3-hour exam.

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