Fundamentals of Business Economics – BA1

OVERVIEW

This unit, Fundamentals of Business Economics (BA1) is part of the CIMA qualification, Certificate in Business Accounting which you need to complete along with other units which leads to the ultimate qualification. As its name implies, Fundamentals of Business Economics (BA1) primarily focuses on Business Economics fundamentals within the context in which a business operates. The course also focuses on concepts related to international trade, the behaviour of financial markets, critical factors relevant to economic development and globalization, and basic concepts related to Data such as Big Data. Upon its successful completion the learners will gain an overall understanding of economic activities relevant to an organisation as well as grasp an understanding of economic principles in global context which will lead you to the CIMA certification. In addition this unit will be a prerequisite to the courses that proceeds in leading up to the Certificate in Business Accounting.

We provide 100% tailor made support to all our learners as we understand that each learner is quite unique in their ability. This is to make sure that all our learners succeed as ultimately learner’s success is our success. Furthermore the syllabus for this unit BA1 as well as the entire CIMA course is created by industry experts who have hands on experience in the industry.

So enroll today and reap rewards with our special offers and discounts as well.

COURSE CURRICULUM
1: BA1 Fundamentals of Business Economics
Chapter 1 – National Income, And The Effects Of Economic Growth Rates And Prices On Business
Chapter 2 – International Trade
Chapter 3 – Economic Development And Globalization
Chapter 4 – Organisations
Chapter 5 – Prices
Chapter 6 – Market Failure And The Regulations Of Markets
Chapter 7 – Data And Information
Chapter 8 – Big Data And Data Analysis
Chapter 9 – Financial Markets And Institutions
Chapter 10 – Financial Mathematics
Chapter 11 – The Effects Of Interest Rates And Exchange Rates On Business Performance

Why choose Global Edulink for CIMA Foundation Level?

• Excellent pass rate
• Dedicated panel of instructors
• High rate of passing for first-time students
• Become confident with mock exams and practice questions

Who is the CIMA Foundation Level for?

• School leavers
• Small business owners
• Undergraduates and graduates
• Anyone with an interest in pursuing a career in management accountancy

Syllabus Structure

• Macroeconomic and Institutional Context of Business
• Macroeconomic and Organisational Context of Business
• Informational Context of Business
• Financial Context of Business

Assessment

This is an objective test. The objective test must be passed in order for learners to complete the syllabus module. Additionally, learners who wish to progress to the CIMA Foundation Level qualification should also successfully pass this test.

Exam Details

This is a computer-based objective test. The test is made up of multiple choice, number entry and drag and drop question formats. Objective Test

• Format – Computer-Based
• Duration – 120 minutes
• BA1 – 60 objective test questions

(A score of 100 out of 150 will represent a Pass)

Objective tests – GBP95 (Tier 1 per exam)

Please Note : Official Exam is not provided, It should be purchased separately

Certification

Upon the successful completion of the unit Fundamentals of Business Economics – BA1, learners can advance to the next unit of the Certificate in Business Accounting (CIMA Cert BA) Or If the learner has already completed other units, can apply to the final exam of Certificate in Business Accounting (CIMA Cert BA).