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CIMA Fundamentals of Business Economics

CIMA Fundamentals of Business Economics

CIMA Fundamentals of Business Economics:

The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.

CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest management accounting body in the world with more than 227,000 members and students in 179 countries.[1] CIMA is also a member of the International Federation of Accountants.

CIMA Fundamentals of Business Economics

CIMA Certificate Study Text Fundamentals of Business Economics (BA1)

  • Understand the areas of economic activity relevant to an organisation’s decisions
  • Worked examples and activities to help reinforce your knowledge
  • FREE supplementary materials to boost your BA1 exam success

The CIMA BA1 Complete Text introduces 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.

The BA1 study text is designed to complement your own learning style, whether that’s gaining a thorough understanding of the evaluation and forecasting the behaviour of consumers, or simply concentrating on the key examinable topics. Plus, all Kaplan Publishing Complete Texts are approved by the Chartered Institute of Management Accountants (CIMA) so you can be confident that the material fully covers the syllabus.

Topics covered

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

CIMA Fundamentals of Business Economics

CIMA Certificate: Fundamentals of Business Economics (BA1)

All materials are written by Kaplan’s expert tutors and BA1 specialists based who know what works for students following extensive research into different learning styles. The benefits of our materials include:

  • Endorsed by CIMA
  • NEW titles valid until December 2017
  • Written by expert tutors
  • Exam-focussed
  • Student friendly
  • Supported with FREE online materials

CIMA Fundamentals of Business Economics

There are four steps you should work through.

Step 1

How do you learn? First you need to be aware of your style of learning. The BPP Learning Media Learning to Learn Accountancy book commits a chapter to this self-discovery. What types of intelligence do you display when learning? You might be advised to brush up on certain study skills before launching into this Study Text. BPP Learning Media’s Learning to Learn Accountancy book helps you to identify what intelligences you show more strongly and then details how you can tailor your study process to your preferences. It also includes handy hints on how to develop intelligences you exhibit less strongly, but which might be needed as you study accountancy. Are you a theorist or are you more practical? If you would rather get to grips with a theory before trying to apply it in practice, you should follow the study sequence on page (viii). If the reverse is true (you like to know why you are learning theory before you do so), you might be advised to flick through Study Text chapters and look at examples, case studies and questions (Steps 8, 9 and 10 in the suggested study sequence) before reading through the detailed theory.

Step 2

How much time do you have? Work out the time you have available per week, given the following. • The standard you have set yourself • The time you need to set aside later for work on the Practice & Revision Kit and Passcards • The other exam(s) you are sitting • Very importantly, practical matters such as work, travel, exercise, sleep and social life Hours Note your time available in box A. A viii Introduction

Step 3

Allocate your time

• Take the time you have available per week for this Study Text shown in box A, multiply it by the number of weeks available and insert the result in box B.

• Divide the figure in box B by the number of chapters in this text and insert the result in box C.

Step 4

Implement Set about studying each chapter in the time shown in box C, following the key study steps in the order suggested by your particular learning style. This is your personal Study Plan. You should try and combine it with the study sequence outlined below. You may want to modify the sequence a little (as has been suggested above) to adapt it to your personal style. BPP Learning Media’s Learning to Learn Accountancy gives further guidance on developing a study plan, and deciding where and when to study.

CIMA Fundamentals of Business Economics

Recommended read 

CIMA Fundamentals of Business Economics

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