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Hi fellow bba students, i am sharing brief and concise notes on the bba subject business economics. Macroeconomic and institutional context of business 25% b. Intro nature of economics resources o land o labour l o capital k commodities things produced goods tangible services intangible production act of making goods and services consumption act of using good and services scarcity o choice o cost production possibilities curve downward sloping because resources are scarce o right of curve unattainable o left. Diploma in information communication technology diploma in business management past papers. Notes nmims global access school for continuing education 4 business economics after completing this chapter, you will be able to.
Following the reading assignments are the lecture notes for each chapter. Lecture notes principles of microeconomics economics. Share this article to other 1st year students who are searching for b. The book is the best introduction to economics since it talks about all the basic concepts.
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Chapter 1 preface these notes are intended for the introductory. My goal in these notes is to talk about some of these chickenandegg situations, in which. The page archives 19 sets of detailed lecture slides in pdf format. Factors of production production function in shortrun and longrun cost analysis market. Define the meaning of economics discuss the concept of business economics identify the differences between economics and. Lecture notes principles of macroeconomics economics. July 2012 these lecture notes cover a number of topics related to strategic pricing. Cima ba1 fundamentals of business economics free notes and. Well, i suppose that the business of a good economist is to manage his own estate well. Study material course no ag econ 122 production economics. Free study resources and support for cima ba1 fundamentals of business economics free cima ba1 notes, free cima ba1 lectures, free ba1 practice tests.
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