Download CA Foundation Economics- Study Material/Papers & More

Economics is a subject that focuses majorly on the capabilities of individuals being consumers and producers in the market and deals in finding solutions to their problems. It includes topics like basic problems of the economy and the market like price mechanism, the theory of demand and supply, production and cost, and business cycles. Directly know from Experts about CA Foundation Course.

ICAI has introduced Business Economics in CA Foundation Exam with the objective of giving an added advantage of Charactered Accountants, who are more than accountants or editors in the business fraternity. Company Assistant also provides Business Solutions, and the study of the market economy helps them in providing better solutions.

Here, In this article, we will share more information about CA Foundation Economics Paper.

Also know: Know How to Prepare for CA Foundation in 4 Months Study Period

CA Foundation Economics Syllabus

CA Foundation Economics Syllabus with Marks Distribution in Question Paper

Paper 4: Business Economics and Business Commercial Knowledge

This fourth paper of CA Foundation is further divided into two parts and many internal chapters:

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Part 1- Business Economics

ChapterTopicsWeightage
1Introduction to Business Economics15%-20%
2Theory of Demand and Supply35%-40%
3Theory of Production and Cost Price10% – 20%
4Determination in Different Markets25-30%
5Business Cycles15%-20%

Part 2- Business and Commercial Knowledge

ChapterTopicsWeightage
1Introduction to Business15%-18%
2Business Environment15%-18%
3Business Organizations15%-20%
4Government Policies for Business Growth15%-18%
5Organizations Facilitating Business15%-18%
6Common Business Templates15%-18%

Also know: CA Foundation Examination Complete Course Guide

CA Foundation Economics Paper Weightage: Skill Assessment Specification

Considering CA Foundation Economics Paper Weightage is also very important while studying each and every chapter of the course. This will help you to identify the chapters that have more weightage and that needed to be given more attention and importance. Below given CA Foundation Economics Paper Weightage for skill assessment specification, check it below:

PaperLevel I
Comprehension & Knowledge
Level II
Application
Paper 4 Part I: Business Economics40%50%50%-60%
Paper 4 Part II: Business and Commercial Knowledge100%

Also know: ICAI CA Foundation Registration 2020

Free Resources for CA Foundation Economics Paper

CA Foundation Economics Paper: Chapter-wise Study material in English and Hindi

ICAI provides the easiest way to study the CA Course directly by making available study material for every specific subject of the CA Foundation. From here you can download the official and revised CA Foundation Economics notes and study material in pdf files. The study material also has MCQs at the end of the topic. You can practice them for your quick revision after completing the topic.

Part 1 Business Economics

ChapterUnitsEnglish MediumHindi Medium
Chapter 1 Introduction to Business EconomicsUnit 1 Nature and Scope of Business EconomicsDownloadDownload
Unit 2 Basic Problems of an EconomyDownloadDownload
Chapter 2: Theory of Demand and SupplyUnit I: Law of Demand and Elasticity of DemandDownloadPart A Download
Part B Download
Part C Download
Unit II: Theory of Consumer BehaviourDownloadPart A Download
Part B Download
Unit III: SupplyDownloadPart A Download
Part B Download
Chapter 3: Theory of Production and CostUnit I: Theory of ProductionDownloadPart A Download
Part B Download
Part C Download
Unit II: Theory of CostDownload

Part A Download

Part B Download

Chapter 4: Meaning and Types of MarketsUnit I: Meaning and Types of MarketsDownloadDownload
Unit II: Determination of PricesDownloadDownload
Unit III: Price Output Determination under Different Market FormsDownloadPart A Download
Part B Download
Part C Download
Part D Download
Chapter 5: Business CyclesDownload

Part A Download

Part B Download

Part 2- Business and Commercial Knowledge

ChapterEnglish MediumHindi Medium
Chapter 1: Introduction to Business and BCKDownloadPart 1 Download
Part 2 Download
Part 3 Download
Chapter 2: Business EnvironmentDownloadPart 1 Download
Part 2 Download
Part 3 Download
Chapter 3: Business OrganizationsDownloadPart 1 Download
Part 2 Download
Chapter 4: Government Policies for Business GrowthDownloadDownload
Chapter 5: Organizations Facilitating BusinessDownloadPart 1 Download
Part 2 Download
Chapter 6: Common Business TerminologiesDownloadPart 1 Download
Part 2 Download

Glossary for CA Foundation Economics Paper

The Economics subject involves various terms that have a particular meaning in correspondence to this particular subject. Situations like customer satisfaction point, availability of goods, purchase by customers, the shift in the price of commodities due to different reasons, and the number of brands or companies in a market for a single product have significant terms.

Therefore, ICAI has given a glossary of more than 50 terms which you can download from links below. It will help you to understand the meaning of any term easily. You can go through it before starting a chapter and use it as a reference whenever needed.

Download Glossary in English

Download Glossary in Hindi

Self Examination Questions

Download Self Examination Questions and Answers in English

Download Self Examination Questions and Answers in Hindi

Mock Test Papers with Solutions for Paper 4 of CA Foundation

Solving Mock Test Papers is the best way to know your preparation results. Solving regular Mock tests will help you study those study-specific topics that are still needed to be practiced more. VSI Jaipur is the best CA Foundation Coaching Center that is known for providing regular mock test series to help students to prepare daily for the toughest exam in India. Below are the last year’s mock test papers that were given by ICAI for the CA Foundation Economics paper. 

Download Mock Test Question Paper

Download Answer Sheets

Besides this mock test paper, you should also practice previous year CA Foundation papers and other mock test papers.

You can also access more mock test papers and previous year Q/A click here.

Essential Tips for CA Foundation Business Economics Exam

In between studying for hours you need to create a plan for your subjects in time slots and follow some tips for CA Foundation Exam that will keep you energized and focused.

  1. Know about your exam pattern. Business Economics and Business and Commercial Knowledge is an objective type paper. The minimum passing marks for this subject is 40% of the total marks. 
  2. Give focus on which concept and formula fit in the best way. Concepts in Business Economics are interrelated to each other, you should understand what is the question before answering it. For example, Demand and supply are different concepts but they are interrelated. When both are involved in a question, understand what the examiner wants you to answer.
  3. This subject contains numerical questions. So you must focus on your calculation speed so that at first you can get enough time for understanding the concept involved in the question. 

Also know: 4 Time-Saving Calculator Tricks for CA Foundation

If you are looking for the complete compiler for CA Foundation Economics 2020 paper, then this article has everything that a student needs to know. From Weightage, mock test series, syllabus to revision Test Paper, go through the article, and do your study well. If you are also looking for the best coaching center in Jaipur, then VSI Jaipur is the best option to enroll yourself for the best. Get the best study material to help at the time of self-studies. VSI Jaipur is also known for the best CA Final Online classes to help students who live in remote areas or far away areas from the coaching center. VSI Jaipur team wishes you all to have a bright future and golden success in your CA Career. 

Also Know: The best CA Foundation Online Classes

FAQs

Q1. Is Business Economics a difficult subject for students who are from the Science or Humanities stream?

  1. The CA Foundation Business Economics paper consists of the initial level concepts and formulas. Commerce Students have an added advantage because they are cleared with the basics. But Science/Arts students can also easily pass in the paper once they have a clear understanding of concepts.

Q2. Is the ICAI Study Material sufficient for CA Foundation Business Economics paper?

The notes provided by ICAI are in-depth and cover every essential concept. However,  if you are not clear with the concepts itself, you can join CA Coaching classes or attend online lectures for more guidance from expert teachers. If you have already covered everything from the ICAI study material you can look for more reference books to strengthen your knowledge base and solve all the questions. 

Q3. When is the Business Economics CA Foundation Paper 2020?

The next CA Foundation Business Economics Paper will be held in Nov 2020.

Q.4. Is there any exemption in the CA foundation?

No, there is no concept exemption in the CA foundation. This option is only available for CA intermediate and CA Final students 

Q.5. When can one register for CA Foundation course

This course can be registered after once appearing in the class 12th examination.