Chartered Economist® Curriculum


The objective of the Chartered Economist® Program is to equip candidates with both basic and advanced skills required by a Chartered Economist® in performing his tasks and duties as a Chartered Economist, Research Analyst and Professional Management Consultant, etc.

The Chartered Economist is consistently updated by specialists and expert professionals to guarantee that what you learn stays significant in the present business, industry and market.

The Chartered Economist® Program concentrates on improving the three qualities of an individual: Knowledge; Skills and Application.

  1. Knowledge : The students get the most recent updates and learn about new prospects in Economic Analysis Globally. They value the market flow impacting Economic Analysis and pick up a review on the most recent advancements in methods of Economic Analysis and Research they additionally pick up an understanding into worldwide prescribed procedures in this field.

  2. Skills : Students develops skills &aptitudes in analyzing economic related matters and making research reports for customers, capacity to show research reports and economic strategies & policies trough client’s friendly language.Create or potentially increase their ability to think strategically by utilizing an organized procedure.

  3. Application : The program through its rigors and practical introduction prepares the students to apply the ideas and abilities developed in the program in real workplace. The result of this applied training is a total “Chartered Economist” who is prepared for the rigors of the Economic and Financial Services Industry.

The program outfits the candidates with abilities and information required to analyze complex economic matters & issues and circumstances to control advanced customers through their economic strategy and decisions.

The Chartered Economist® Program helps in:

  • Gaining understandings in and over the disciplines that add to the area of Economic Analysis and Research including Enterprise Budget Reports, Risk Analysis Reports, Annual Report, Economic Reports of Government, etc.
  • Relating these applied systems to measurements of practical areas on the ground.
  • Furnishing applicants with chances to experience and fundamentally draw in with cases of both challenging issues and endeavored interventions by a Chartered Economist.
  • Investigate & explore the moral and individual dimensions of Economic Analysis and understand the moral responsibilities of a Chartered Economist.

The Curriculum of Chartered Economist®

The curriculum of Chartered Economist consists of only one level with 6 modules.

The candidate have to gothrough the above 6 Modules through either Class Room Mode or Distance Learning Mode and clear the requisite exam to complete the academic requirements of the Board of Standards. The completion of the academic criterion ensures that the candidate has the requisite knowledge and skills to work as a Chartered Economist.

Furnishing applicants with chances to experience and fundamentally draw in with cases of both challenging issues and endeavored interventions by a Chartered Economist.

Investigate & explore the moral and individual dimensions of Economic Analysis and understand the moral responsibilities of a Chartered Economist.

Modules
1 – Applied Microeconomics
2 – Advanced Macroeconomics
3 – Quantitative Techniques for Economics
4 – StatisticalTechniques for Economics
5 – Industrial & International Economics
6 – Applied Economics

Modules

  • Module 1 – Applied Microeconomics

    For a professional like a Chartered Economist an understanding of markets and economic systems is of prime importance. This module would enable the Chartered Economist to get a basic understanding of the Micro-economics and Macro-economics. This module would also cover the fundamental aspects of economics. The module would enable the Economics professionals in acquainting with the fundamentals, history and origination of the Economics. The objective of the module is to enable a Chartered Economist to understand the changes in economic environment of the financial markets and economic instruments.

  • Module 2 – Advanced Macroeconomics

    For a professional like a Chartered Economist® an understanding of markets and economic systems is of prime importance. This module would enable the Chartered Economist® to get a basic understanding of the Macro-economics.This module would also cover the fundamental aspects of macro-economics.The objective of the module is to enable a Chartered Economist® to understand the changes in economic environment of the financial markets and economic instruments.
    This part of course would enable the Economics professionals in acquainting with the role of economics in decision making. The objective of this part is to enable a Chartered Economist to understand the critical thinking of macro-economic issues like – inflation; Money and unemployment.
    The last part of the module would help the Chartered Economist in knowing the various economic policy in open economy in which an economy operates and the measures and policies used in an open economy.

  • Module 3 – Quantitative Techniques for Economics

    For a professional like a Chartered Economist® an understanding of mathematics of economics and econometrics is of prime importance. This module would enable the Chartered Economist® to get a basic understanding of the functions of mathematical economics, their graphs and linear equations. This module would also cover the fundamental aspects of econometrics. The module would enable the Economics professionals in acquainting with the econometrics fundamentals, econometrics models and statistics. The objective of the module is to enable a Chartered Economist® to understand the causality and the notion of ceteris paribus in econometric analysis.
    This module would focus on making a Chartered Economist understand the concepts of Econometrics. The module would look into the different economic concepts like – Econometrics, Simple Linear Regression Model and Multiple Regression Model which would act as a stepping stone towards the high-end economic analysis. The overall aim of this module is to provide hands on experience on the calculation of some of the basic but important measures of economic analysis.

  • Module 4 – StatisticalTechniques for Economics

    For a professional like a Chartered Economist® an understanding of statistics of economics is of prime importance. This modulewould enable the Chartered Economist® to get a basic understanding of the functions of statistical economics, their graphs and probabilities. This modulewould also cover the fundamental aspects of statistics. The modulewould enable the Economics professionals in acquainting with the time series analysis & forecasting, hypothesis test and index numbers. The objective of the module is to enable a Chartered Economist® to understand the application and importance of statistics in economics and in economic analysis.
    This modulewould focus on making a Chartered Economist understand the concepts of statistics that act as a stepping stone towards the high-end economic analysis. The overall aim of this module is to provide hands on experience on the statistical quality control in economics as statistical but important measures of economic analysis.

  • Module 5 – Industrial & International Economics

    For a professional like a Chartered Economist® an understanding of industry and industrial economics is of prime importance. This module would enable the Chartered Economist® to get a basic understanding of the industrial economics, industrial organization and theory of firm. This module would also cover the fundamental aspects of oligopoly. The module would enable the Economics professionals in acquainting with the fundamentals of oligopoly, non-collusive oligopoly and collusive model of oligopoly. The objective of the module is to enable a Chartered Economist® to understand the theories of firm and the various forms of theory of firm.
    This module would focus on making a Chartered Economist® understand the concepts of foreign exchange and policy. The module would look into the different measures and trends in foreign exchange rate which would act as a stepping stone towards the high-end economic analysis. The overall aim of this module is to provide hands on experience on the exchange rate, rate determination, rate quotation, rate forecasting and rate theories.

  • Module 6 – Applied Economics

    For a professional like a Chartered Economist an understanding of markets and economic systems is of prime importance. This module would enable the Chartered Economist to get a basic understanding of the various specialized economic sectors of industry.This module would also cover the fundamental aspectsof energy & petroleum economics; financial economics; health economics; industrial economics; managerial economics and economic policies. The module would enable the Economics professionals in acquainting with the fundamental knowledge of economic conditions of health; financial; energy; petroleum industry. The objective of the module is to enable a Chartered Economist to understand the changes in economic environment of the financial markets and economic instruments.

For understanding few concepts of the Chartered Economist course, candidate needs to study from the books provided by AAFM:

Modules

Econometrics

Topics and Books Name

Mathematical Economics – An Introduction to Mathematical treatment of Economics – by –Richard G. Lpisey

Econometrics – Introductory Econometrics: A Modern Approach by –Jefferey M. Wooldridge

Modules

International Economics

Topics and Books Name

International Economics by –Robert J. Carbaugh