Ch.E® Curriculum & Syllabus
The Chartered Economist® programme consists of one level with six modules, concentrating on three qualities: Knowledge, Skills, and Application. Modules are consistently updated by specialist economists to stay current with global business, industry, and market developments.
Programme Objectives
What the Ch.E® Curriculum is Built to Achieve
The Chartered Economist® programme equips candidates with both basic and advanced skills required in performing the tasks and duties of a Chartered Economist, Research Analyst, and Professional Management Consultant.
The Ch.E® curriculum is consistently updated by specialists and expert professionals to ensure that what you learn stays significant in the present business, industry, and market environment. The programme takes a structured, three-dimensional approach to developing the practitioner.
Students receive the most recent updates and learn about new prospects in Economic Analysis globally. They gain an appreciation of market flows impacting economic analysis and a review of the latest advancements in methods of economic analysis and research — along with an understanding of worldwide best practices.
Students develop skills and aptitudes in analysing economic matters and producing research reports — including the capacity to present economic strategies and policies in client-friendly language. The programme builds the ability to think strategically using organised, structured procedures.
Through rigorous and practical training, the programme prepares students to apply the ideas and abilities developed to the real workplace. The result of this applied training is a complete Chartered Economist ready for the rigors of the Economic and Financial Services Industry.
The programme also aims to:
- Develop understandings across the disciplines that contribute to Economic Analysis and Research — including Enterprise Budget Reports, Risk Analysis Reports, Annual Reports, and Economic Reports of Government.
- Relate applied systems to practical areas on the ground.
- Furnish candidates with opportunities to engage critically with cases involving both challenging economic problems and attempted interventions.
- Explore the ethical and individual dimensions of Economic Analysis and the moral responsibilities of a Chartered Economist.
Six Modules · One Level
The Ch.E® Curriculum in Detail
The curriculum of the Chartered Economist consists of one level with six modules. Candidates complete all six modules and clear the requisite examination to fulfil the academic requirements of the Board of Standards.
Module 1 — Applied Microeconomics
For a professional like a Chartered Economist, an understanding of markets and economic systems is of prime importance. This module provides a grounding in both micro- and macro-economics and covers the fundamental aspects of economics — including the fundamentals, history, and origins of the discipline. The objective is to enable a Chartered Economist to understand changes in the economic environment of financial markets and economic instruments.
Module 2 — Advanced Macroeconomics
This module builds on the foundations of microeconomics to develop a deeper understanding of macroeconomic systems and the role of economics in decision-making. It covers critical macroeconomic issues including inflation, money supply, and unemployment, along with economic policy in the open economy — including the measures and policies used to manage an open economy in which international flows of goods, capital, and labour are significant.
Module 3 — Quantitative Techniques for Economics
An understanding of mathematical economics and econometrics is central to the Chartered Economist role. This module covers the functions of mathematical economics, graphs, linear equations, and the fundamentals of econometrics — including econometric models and statistics. Key concepts include Simple Linear Regression, Multiple Regression, causality, and the notion of ceteris paribus in econometric analysis. The module provides hands-on experience with key measures of economic analysis.
Module 4 — Statistical Techniques for Economics
Statistics is the backbone of empirical economic analysis. This module covers statistical economics, probability, time series analysis and forecasting, hypothesis testing, and index numbers. It equips candidates to understand the application and importance of statistics in economics and economic analysis, including statistical quality control. The module provides hands-on experience with key statistical measures used in economic research.
Module 5 — Industrial & International Economics
This module covers industrial economics, industrial organisation, and the theory of the firm — including the fundamentals of oligopoly, non-collusive oligopoly, and collusive models. It also addresses the international dimension: foreign exchange and policy, exchange rate determination, rate quotation, rate forecasting, and exchange rate theories. Candidates gain a thorough understanding of how industry structures shape market outcomes and how global economic forces affect firms and policy.
Module 6 — Applied Economics
The final module introduces candidates to the full range of specialised economics domains that support the Ch.E® specialisation tracks. Coverage includes economic policy analysis, energy economics, financial economics, health economics, industrial economics, managerial economics, and petroleum economics. The module enables Economics professionals to understand the fundamentals of economic policy and industry-specific decision-making, providing hands-on experience across each applied domain.
Study Modes
How You Can Complete the Programme
The Ch.E® programme accommodates working professionals through two flexible study modes.
Attend structured classroom sessions at an authorised AAFM India training centre. Classroom learning offers direct interaction with instructors, peer discussion, and a structured schedule suited to candidates who prefer a guided environment.
Complete the programme at your own pace through AAFM India's distance learning provision. Candidates receive study materials including AAFM-prescribed books and have access to practice examinations on the AAFM website to prepare for the Pearson VUE assessment.
For understanding certain concepts of the Chartered Economist programme, candidates are required to study from books provided by AAFM as part of their enrolment package.
Your Next Step
Ready to Begin?
Explore the examination structure, review programme fees, or speak to an AAFM India counsellor to start your Ch.E® journey.
Explore every step of the Ch.E® journey
The Chartered Economist pathway is a connected set of pages — start anywhere, each links back here.
Become a Chartered Economist® — apply economics to real decisions
Give a course advisor 15 minutes and walk away with a clear plan, fee options and your next batch date — no pressure, no jargon.
Ch.E® Curriculum — Frequently Asked Questions
The Ch.E® curriculum consists of one level with six modules: Applied Microeconomics, Advanced Macroeconomics, Quantitative Techniques for Economics, Statistical Techniques for Economics, Industrial and International Economics, and Applied Economics.
The programme concentrates on developing Knowledge (latest updates and new prospects in global economic analysis), Skills (ability to analyse economic matters, produce research reports, and communicate strategy), and Application (applying learned concepts to real workplace scenarios).
Yes. Candidates can complete the programme through either Classroom Mode or Distance Learning Mode before appearing for the examination.
Module 6 covers a range of specialised economics domains including economic policy analysis, energy economics, financial economics, health economics, industrial economics, managerial economics, and petroleum economics — directly supporting the seven specialisation tracks available under the Ch.E® designation.
For understanding certain concepts in the Chartered Economist programme, candidates are required to study from books provided by AAFM as part of the certification package.
Registration is completed through AAFM India. The examination can only be scheduled after 30 days of registration. Contact AAFM India or visit the enquiry form on this page to begin your enrolment.
Start your Ch.E® journey today
Request a call back and our counsellors will share the full syllabus, specialisations, fees, batch options and the next start date — and help you choose the right path.