Advice for students studying Subject CB2 for the 2023 exams

We have a range of study materials that you can use when sitting Subject CB2.  We have broken the materials down into those that we consider to be ‘essential’ and ‘highly recommended’ plus those products which can make your revision very effective.  Students learn in different ways so you will need to read the details of each product to see what will work for you.

For advice about which products to choose, please read our product guide. Advice on the exams, revision and our products is also available in our Tutor Talk videos. Note, however, that our advice for Subject CB2 is slightly different from that given for other Core Principles subjects because it is based on a textbook rather than standard Core Reading. As a result, we think you will find the Flashcards especially useful.

CB2 includes some new topics that used to be on the pre-2010 syllabus and hence some of the older CT7 questions are useful for revision. A number of the relevant questions are listed on the CB2 Forum.

Essential

Product
Description
More information
Combined Materials Pack (CMP)
Ideal for those sitting the subject for the first time.  It comprises the Study Guide, Course Notes,Textbook and Series X Assignments.

This subject has moved away from the traditional “Core Reading” approach. Instead, the majority of the Core Reading is replaced by references to the textbook

Economics by J. Sloman, J Guest and D Garratt (11th Ed),
ISBN 978‐1‐292‐40533‐9 (print),
ISBN 978‐1‐292‐40540‐7 (eBook, reflowable format). 

As a result ActEd’s Course Notes are not intended to be used as a stand-alone course. Instead, the notes provide guidance through the reading, along with advice and question practice in preparation for the examination. End of chapter/module Practice Questions and a set of Series X Assignments have been produced.

You can purchase the textbook separately if you wish to.

The CMP (including the textbook) is available in print or as eBooks.

If you are buying the CB2 CMP then we think you will find the Flashcards particularly useful given the size of the new textbook.

Highly recommended

Product
Description
More information
Tuition
Face-to-face /
Live Online /
Online Classroom
Choose from a Regular Tutorial, Block Tutorial or Online Classroom.
Please click here for further details of the types of tuition and the Tuition Bulletin which details the courses available. 
Series X Marking / Marking vouchers
We are happy to mark your attempts at the X Assignments.  Objective, personalised feedback from a high quality marker will highlight areas on which to work and help with exam technique.
Marking is not included with the Assignments or the CMP and you need to order it separately.  Please refer to our Marking page to get more details of how you can get your scripts marked. 
Mock Exam
An exam-standard paper to use as a realistic test of your exam preparation.
This is available in eBook or paper format. Click here for more information. 
Mock Exam Marking
Feedback on your weaknesses and areas needing more attention is really useful as you approach the exam.
Marking is not included with the Mock and you need to order it separately.  Please refer to our Mock Exam Marking page for information such as deadline dates. 
Additional Mock Pack (AMP)
Consists of two further mock exams and it is ideal if you are retaking and have already sat the Mock Exam, or if you just want some extra question practice.
This is available in eBook or paper format. Marking is not included with the AMP and you need to order two Marking Vouchers if you would like the additional mocks marked by ActEd.

Effective Revision

Product
Description
More information
Revision Notes
A set of A5 booklets which are perfect for revising on the train or tube to work.  Each booklet covers one main theme of the course and includes: Core Reading with a set of integrated short questions; relevant past exam questions and solutions; plus other useful revision aids.

These are available in eBook or paper format. These can be particularly useful for retakers.  The Core Reading for Subject CB2 is in the form of a textbook and so we are unable to reproduce the whole of the Core Reading in the CB2 Revision Booklets.

We recommend that you use the CB2 Flashcards alongside the CB2 Revision Notes during your revision.

See the Revision Notes page to read more details about this product.

ASET
Contains ActEd’s solutions to recent past exam papers, plus comment and explanation.   
This is available in eBook or paper format. Click here for further guidance.
Flashcards
A set of A6-sized cards that cover the key points of the subject that most students want to commit to memory. 
These are available in eBook or paper format.  The Flashcards page has more information.

ActEd Tutor Talk - Objective Based Assessment (CB1 and CB2)

In this video we talk about the proposed changes to the Institute and Faculty of Actuaries CB1 and CB2 exam structure, and the recent delay to those proposals. This video covers the impact for the September 2023 exam sitting.