CIMAPRO17-BA1-X1-ENG- BA1 – Fundamentals of Business Economics Question Tutorial Version: 1.0

CIMAPRO17-BA1-X1-ENG- BA1 – Fundamentals of Business Economics Question Tutorial Version: 1.0

This subject primarily covers the economic and operating context of business and how the factors of competition, the behaviour of financial markets and government economic policy can influence an organisation. It also deals with the information available to assist management in evaluating and forecasting the behaviour of consumers, markets and the economy in general.

The focus of this syllabus is on providing candidates with an understanding of the areas of economic activity relevant to an organisation’s decisions and, within this context, the numerical techniques to support such decisions.

Course Key Learnings

• Acquire the techniques and knowledge of fundamental accounting
• Learn the role of Business accounting in a public or commercial sector
• Gain the relevant skills to plan, control and make decisions
• Identification and classification of costs and their behaviour

Course Outline

• The Context of Business Accounting
• Costing
• Planning and Control
• Decision Making

Who is this course for?