Business Economics (Economics) | Study Material

This book is prepared exclusively for the Foundation Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI.

This book is a reliable companion for CA aspirants, providing them with the tools and knowledge to face examination challenges confidently. It equips students with a strong conceptual foundation and fosters critical thinking and problem-solving skills.

The Present Publication is the 2nd Edition for the CA-Foundation | New Syllabus | Jan./May 2025 Exams. This book is authored by CA. Prashant Sarda, with the following noteworthy features:

[Strictly as per the New Syllabus of ICAI] The book aligns with the updated curriculum, ensuring relevance and accuracy
[Simple & Lucid Language] The subject matter is presented in an easy-to-understand manner, making complex concepts accessible to all students
[Explanatory and Analytical Approach] The book emphasizes an in-depth understanding of concepts through diagrams, tables, and detailed explanations to enhance analytical thinking
[Coverage] of this book includes:
Includes a variety of MCQs for thorough practice and exam readiness
Provides Fast Track Notes for a quick and effective revision, helping students retain key points before the examination
[Student-Oriented Book] The authors have developed this book keeping in mind the following factors:
Developed with insights from the author’s extensive teaching experience and direct interaction with students, addressing common challenges faced during examinations
Shaped by feedback and responses from students, ensuring the book is practical and highly effective
The contents of this book are as follows:

Nature and Scope of Business Economics
Understand the fundamentals of business economics and its relevance in decision-making
Theory of Demand, Consumer Behaviour, and Supply
Explore concepts of demand and supply, elasticity, and consumer behaviour
Theory of Production and Cost
Gain insights into production functions, cost concepts, and economies of scale
Price Determination in Different Markets
Learn about market structures such as perfect competition, monopoly, monopolistic competition, and oligopoly
Business Cycles
Examine the phases of business cycles and their impact on the economy.
Determination of National Income
Understand the methods and challenges in calculating national income
Public Finance
Analyse government revenue, expenditure, and fiscal policies
Money Market
Understand the structure, functions, and instruments of the money market
International Trade
Study trade theories, policies, and the role of international organizations
Indian Economy
Gain an overview of India’s economic landscape, policies, and challenges
Fast Track Notes
A quick reference guide for revision, summarizing key concepts from each chapter