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Today's Level 3 set is Day 3: Economics Scenario Set. It opens directly into timed questions with explanations and visual exhibits.

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Economics Scenario Set

Midweek practice for policy, FX, and growth scenarios.

18 min14 questions170 free in Level 3
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CFA Level 3 practice

12 topics, 6770 total questions, 0 completed topics.

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01
10%

Ethical and Professional Standards

10 free530 total
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02
5%

Behavioral Finance

15 free575 total
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03
5%

Capital Market Expectations

15 free595 total
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04
15%

Asset Allocation

20 free660 total
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05
10%

Fixed-Income Portfolio Management

15 free575 total
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06
10%

Equity Portfolio Management

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07
5%

Alternative Investments Portfolio

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08
15%

Private Wealth Management

20 free640 total
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09
10%

Institutional Investors

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10
5%

Trading, Monitoring, and Rebalancing

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11
5%

Performance Evaluation

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12
5%

Risk Management

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Portfolio Managementhard

What is the Brinson Attribution Model?

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Answer

Decomposes active return into: 1) Allocation Effect: over/underweighting sectors 2) Selection Effect: picking securities within sectors 3) Interaction Effect: combined impact Total Active Return = Allocation + Selection + Interaction

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CFA curriculum overview

CFA Level 312 TopicsEthical andProfessional10%BehavioralFinance5%Capital MarketExpectations5%AssetAllocation15%Fixed-IncomePortfolio10%EquityPortfolio10%AlternativeInvestments5%Private WealthManagement15%InstitutionalInvestors10%Trading,Monitoring,5%PerformanceEvaluation5%RiskManagement5%Code & StandardsCase StudiesPreviewAsset ManagerCode of ConductPreview
Level 310% exam weight

Ethical and Professional Standards

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Asset Manager Code of Conduct
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