CA Foundation Economics_x000D_
_x000D_
Chapter 1: Nature & Scope of Business Economics_x000D_
_x000D_
Unit I: Introduction_x000D_
_x000D_
Unit II: Basic Problems of an Economy & Role of Price Mechanism_x000D_
_x000D_
Chapter 2: Theory of Demand and Supply_x000D_
_x000D_
Unit I: Law of Demand and Elasticity of Demand_x000D_
_x000D_
Unit II: Theory of Consumer Behaviour_x000D_
_x000D_
Unit III: Supply_x000D_
_x000D_
Chapter 3: Theory of Production and Cost_x000D_
_x000D_
Unit I: Theory of Production_x000D_
_x000D_
Unit II: Theory of Cost_x000D_
_x000D_
Chapter 4: Price Determination in Different Markets_x000D_
_x000D_
Unit I: Meaning and Types of Markets_x000D_
_x000D_
Unit II: Determination of Prices_x000D_
_x000D_
Unit III: Price Output Determination under Different Market Forms_x000D_
_x000D_
Chapter 5: Business Cycles (ONLY FOR CA but not CMA)_x000D_
_x000D_
CMA FUNDAMENTALS OF ECONOMICS [50 MARKS]_x000D_
_x000D_
1. Basic Concepts of Economics – Micro & Macro Economics_x000D_
(a) The Fundamentals of Economics_x000D_
(b) Utility, Wealth, Production_x000D_
(c) Theory of Demand (meaning, determinants of demand, law of demand, elasticity of demand- price, income and_x000D_
cross elasticity) and Supply (meaning, determinants, law of supply and elasticity of supply)_x000D_
(d) Equilibrium_x000D_
(e) Theory of Production (meaning, factors, laws of production- law of variable proportion, laws of returns to scale)_x000D_
(f) Cost of Production (concept of costs, short-run and long-run costs, average and marginal costs, total, fixed and variable_x000D_
costs)_x000D_
2. Forms of Market_x000D_
Pricing strategies in various forms of markets_x000D_
_x000D_
3. Money and Banking (ONLY FOR CMA BUT NOT CA)_x000D_
(a) Definition of Money, Types, Features and Functions_x000D_
(b) Definition, functions, utility, principles of Banking_x000D_
(c) Commercial Banks, Central Bank_x000D_
(d) Measures of credit control and Money Market
6:30 AM
17/11/2022
16/02/2023
9:30 AM