CA Foundation Business Economics Full Course by CA Rachna Dubey
Business Economics is a study of supply, distribution, consumption of wealth.The focus of commercial knowledge is on how well students are aware of contemporary business developments and terminology. Although this is not a key subject of the CA course, it is included to help students gain a better understanding of basic economic theories and how to use them to solve problems. It’s also critical for a professional to grasp how the economy works as a whole, and this paper encourages students to stay current in this fast-paced corporate sector.
This is not the core area of the CA course but still is included to enable students to develop an understanding of basic economic theories and application of the same in solving problems. Also, it is important that a professional always understand how the economy functions as whole and this paper helps to encourage students to stay updated of this fast-moving business world
Topics covered under each part are as follows
1-Business economics – Demand, Supply, Production, cost, Price determination in different markets, Business cycles .
2-Business and Commercial knowledge – Business environment, business organisation, Government policies, Organisations facilitating the business, common business terminology.