Home › Flashcards › Exam & Certification Prep › CFA Level 1 Economics Flashcards

Turn your CFA Level 1 economics notes into flashcards with AI

Upload your readings, slides or notes and get economics flashcards you can review with spaced repetition. Start free, no credit card needed.

Create flashcards nowFree · No credit card required

Free · First set needs no signup · Creates flashcards in seconds

Why build your own CFA Level 1 economics deck

Many CFA Level 1 candidates have a pile of economics readings, lecture slides and handwritten notes, and typing those into CFA Level 1 economics flashcards by hand takes time that is better spent on practice questions. DeckOwl reads your PDF, slides or a photo of your notes and drafts cards you can edit before you study.

  • Turn readings, slides and notes into draft cards in one upload
  • Edit any card before it enters your review schedule
  • Spaced repetition brings back the economics cards you miss most
  • Export to Anki or CSV on Plus when you want to study elsewhere
Example CFA Level 1 economics flashcards
What does price elasticity of demand measure?The percentage change in quantity demanded divided by the percentage change in price. It shows how sensitive buyers are to price changes, which matters for revenue decisions.
What is the long-run economic profit of firms in a perfectly competitive market?Zero. Entry and exit push price down to the minimum of average total cost until economic profit is eliminated.
What is the expenditure approach formula for GDP?GDP equals consumption plus investment plus government spending plus exports minus imports. These are the components of total spending in the economy.
What does the Fisher equation state?Nominal interest rate is approximately the real interest rate plus expected inflation. Lenders need that premium to offset the expected loss of purchasing power.
What happens to net exports when the domestic currency appreciates?Net exports tend to fall, because exports become more expensive for foreign buyers and imports become cheaper for domestic buyers.
Generate the full set

Built from your own material

Upload PDFs, PowerPoint slides, Word files, plain notes or photos of pages. Cards come from your curriculum readings, not a generic deck.

Spaced repetition scheduling

Cards you miss come back sooner, and cards you know fade into longer intervals. Your review time goes to the economics concepts that need it.

Review in the browser or export

Study on any device in the browser on the free plan. Plus adds PDF, DOCX, Anki and CSV export for other study tools.

How it works

Upload your economics material

Add a PDF of the reading, slides from a lecture, pasted notes or a photo of a textbook page.

Check and edit the cards

Review the draft flashcards, fix any wording, and remove cards that are not needed for the exam.

Study with spaced repetition

Work through the daily set. The schedule brings back the cards you are most likely to forget.

Spaced repetition then schedules each card so definitions and formulas return just before you would be likely to forget them. Cards you miss come back more often, which keeps weak areas in front of you as the exam date gets closer.

Because the deck comes from your own sources, it matches the readings your course or study provider assigned. You can add or delete cards as you learn, so the set stays focused on what you still need to memorize.

Explore related topics

Frequently asked questions

How many CFA Level 1 economics flashcards should I study each day?

A steady daily set usually works better than long cram sessions, so many candidates start with 20 to 30 new cards. Spaced repetition then brings back the cards you miss, so your daily load adjusts over time.

Which economics topics are covered on CFA Level 1?

The economics section covers microeconomics, macroeconomics, international trade and capital flows, and currency exchange rates. Check the current CFA Institute curriculum for exact weightings and learning outcomes.

Can I export my flashcards to Anki?

Yes, export to Anki is included on Plus, along with PDF, DOCX and CSV export. The free plan lets you study cards in the browser but does not include exports.

Is there a free plan?

Yes, the free plan includes 3 generations per month and browser study. No credit card is needed to start, and students get 40% off with a school email.

Generate free flashcards

Keep exploring the topic

Review the main ideas visually or practice recalling them.