Schewser Economics vs CFAI Economics finding, material, only, people

EastCoastJ

Hi All,
Has anyone read both of these yet? For sure a lot of people are finding economics fairly confusing, but I was wondering how well Schewser covers economics in terms of material coverage, not how well it explains. Ie, does Schewser adequately summarizes CFAI? (since Scheswer only has 3 sections)

ASSet_MANagemen

Level 1 econ was brutal, and that was my major.  I just kept seeming to get things backwardsBut what readings are the worst on level 2?  I’ve only done the first one (foreign exchange) and actually didn’t find it very hard at all.  Once you memorize the “up the bid and multiply, down the ask and divide” rule it’s all fairly systematic I thought…

sharksfan

Now that i am done with Econ, I don’t think its as bad as it was at Level I. I thought the CFA readings did a terrible job with econ. The first reading is terribly long. Neoclassical theory is a bitch in the second one.

CFA4Techie

Studying Econ this weekend and it is not fun. The whole bid-ask thing is confusing to me. This reading is taking forever, I may peek at CFAI but text there is so brutally long and dragging. Not sure how much of help it can provide. Seriously….yuk!

soverby

bluejazzy wrote:
Hi All,
Has anyone read both of these yet? For sure a lot of people are finding economics fairly confusing, but I was wondering how well Schewser covers economics in terms of material coverage, not how well it explains. Ie, does Schewser adequately summarizes CFAI? (since Scheswer only has 3 sections)
There are only 3 readings in the curriculum for L2 Econ.

Londonrocks

I’m not sure about the previous comment as i’ve not recieved my CFAI books yet. But eco in the scwheser isn’t too difficult, there seems to be a few concepts to remember but most of it is pure logic.

jbaldyga

Schweser has condensed it too much. It leaves out alot of the neoclassical proofing which is pretty important to be able to understand it properly. i would only use cfa books for the first 2 readings in ecos

AnalystAlan

They reduced the number of readings, but the first reading is taking forever.

SpyAli

Ok now I am really dreading it. Is Econ that bad this year? I was actually happy they reduced the number of readings from last year.

nixie24

for me elan guide is quite enought although it seem the ost diffcult part