BA1 Textbook Syllabus
SearchSyllabus A
Macroeconomic And Institutional Context Of Business
A1Factors Affecting National Income
Introduction - Macro-Economic Policy
National Income
The Circular Flow Of Income
Aggregate Demand
Equilibrium Condition
The Multiplier
Objectives Of Government Economic Policy
Tools Of Government Economic Policy
The Trade Cycle
Economic Growth And The Trade Cycle
Unemployment And The Trade Cycle
Inflation And The Trade Cycle
Balance Of Trade And The Trade Cycle
Index Numbers
Government Spending
Forms of direct and indirect taxation
Financing the central government budget — borrowing
A2International Trade & Balance Of Payments
The Balance Of Payments
Causes and effects of an imbalance
Free trade
Exchange rates
Government policies on exchange rates
Syllabus B
Microeconomic And Organisational Context Of Business
B1Economic Goals Of Various Stakeholders And Organisations
Types Of Organisation
Not for Profit objectives
Total Shareholder Return
Short-term measures of return
ROCE
EPS
Returns To Shareholder Investment
Long-run measures of return
Stakeholders
Internal, Connected and external Stakeholders
The Mendelow Framework
Agency Relationship
Resolving the principal/agent problem
B2Determination of prices by market forces and the impact of price changes
Demand & Supply of Goods & Services
Elasticity of Demand
Price Elasticity Of Supply
B3Economic And Social Considerations And The Regulation Of Markets
Economies Of Scale
Diseconomies of scale
Impact of long run costs on industry structure
Alternative strategies for firms
Market failure - externalities
Government intervention - indirect taxes
Government intervention - subsidies, polluter pays policies
Government intervention - Regulation & direct provision
Minimum Price And Maximum Price
Syllabus C
Informational Context Of Business
C1Techniques to communicate data as information to stakeholders
Data vs information
Good Information
Graphs & Charts
Bar Charts
Histograms
Ogives
Scatter diagrams and lines of best fit
C2Uses of big data and analytics for understanding the business context
Big Data and Data Analytics
Big Data
Time series - Components
Methods of finding the trend
Moving Averages
Additive And Multiplicative Models
Time Series Analysis
Regression Analysis
Linear Regression Analysis
Spearman's rank correlation coefficient
Syllabus D
The Financial Context Of Business
D1Functions of the main financial markets and institutions
Direct & Indirect Finance
The Role of Financial Intermediaries
Short term finance
Long term finance
Financial Markets
Types of banks
Credit Creation
The Credit Multiplier
Central Banks
D2Financial mathematical techniques in a business decision-making context
Simple and compound interest
Compounding and discounting
Net present value (NPV) and Internal rate of return (IRR)
Annuity and perpetuity formulae