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Economics KASNEB Notes

Economics Notes

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This paper is intended to equip the candidate with knowledge, skills and attitude to identify the impact and interaction of economic principles in various situations and apply the principles in decision making.

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Description

CPA FOUNDATION LEVEL

ECONOMICS

Topics Covered:

Micro-economics

  • Introduction to economics
  • Demand, supply and determination of equilibrium
  • The theory of consumer behavior
  • The theory of a firm Market structures

Macro-economics

  • National income
  • Economic growth, economic development and economic planning
  • Money and banking
  • Inflation and unemployment
  • International trade and finance

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