This subject primarily covers the economic and operating context of business and how the factors of competition, the behavior of financial markets and government economic policy can in uence an organisation. It also deals with the information available to assist management in evaluating and forecasting the behaviour of consumers, markets and the economy in general.

The focus of this syllabus is to provide you with an understanding of the areas of economic activity relevant to an organisation’s decisions, and within this context, the numerical techniques to support such decisions.

The BA1 syllabus comprises the following topic areas:

A. Macroeconomic and institutional context of business (25%)

B. Microeconomic and organizational context of business (30%)

C. Informational context of business (20%) D. Financial context of business (25%)

The percentage weighting shown against each topic area is the syllabus weighting. It is important to study all areas, as all syllabus topics will be examined.