CA Foundation 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

About the Author

Prashant Sarda

CA Prashant Sarda is a distinguished Economics and Financial Management educator based in Pune, and he is celebrated for his engaging and approachable teaching style. He embarked on his professional journey with remarkable academic achievements. He secured the ALL INDIA 11th rank in the CA Foundation and the prestigious 'Best Paper Award for Economics', marking him as the ALL INDIA TOPPER in the subject of economics. Alongside his CA qualifications, he completed his B.Com in Pune, further showcasing his academic prowess by achieving the 10th RANK in the HSC Board Exams and being honoured with the 'Dhirubhai Ambani Scholarship' for his outstanding performance as the NANDED DISTRICT topper.

With over seventeen years of teaching experience, Prashant Sarda's analytical approach sets him apart from his peers, making him a beloved figure among CA students.