BA1 Textbook Syllabus
Chapter 1
Syllabus A. Macroeconomic And Institutional Context Of Business
A1. Factors Affecting National Income
- A1a. Introduction - Macro-Economic Policy
- A1a. National Income
- A1a. The Circular Flow Of Income
- A1a. Aggregate Demand
- A1a. Equilibrium Condition
- A1a. The Multiplier
- A1b. Objectives Of Government Economic Policy
- A1b. Tools Of Government Economic Policy
- A1b. The Trade Cycle
- A1d. Economic Growth And The Trade Cycle
- A1d. Unemployment And The Trade Cycle
- A1d. Inflation And The Trade Cycle
- A1d. Balance Of Trade And The Trade Cycle
- A1e. Index Numbers
- A1c. Government Spending
- A1c. Forms of direct and indirect taxation
- A1c. Financing the central government budget — borrowing
A2. International Trade & Balance Of Payments
- A2a. The Balance Of Payments
- A2a. Causes and effects of an imbalance
- A2b. Free trade
- A2c. Exchange rates
- A2c. Government policies on exchange rates
A3. Globalisation
- A3a. Globalisation
- A3b. Types of trade agreement
- A3b. The World Trade Organisation (WTO)
- A3b. Institutions Encouraging International Trade
- A3c. PESTEL Analysis
Chapter 2
Syllabus B. Microeconomic And Organisational Context Of Business
B1. Economic Goals Of Various Stakeholders And Organisations
- B1a. Types Of Organisation
- B1a. Not for Profit objectives
- B1b. Total Shareholder Return
- B1b. Short-term measures of return
- B1b. ROCE
- B1b. EPS
- B1b. Returns To Shareholder Investment
- B1b. Long-run measures of return
- B1c. Stakeholders
- B1c. Internal, Connected and external Stakeholders
- B1c. The Mendelow Framework
- B1c. Agency Relationship
- B1c. Resolving the principal/agent problem
B2. Determination of prices by market forces and the impact of price changes
- B2a. Demand & Supply of Goods & Services
- B2bcd. Elasticity of Demand
- B2b. Price Elasticity Of Supply
Chapter 3
Syllabus C. Informational Context Of Business
C1. Techniques to communicate data as information to stakeholders
- C1a. Data vs information
- C1a. Good Information
- C1b. Graphs & Charts
- C1b. Bar Charts
- C1b. Histograms
- C1b. Ogives
- C1b. Scatter diagrams and lines of best fit
C2. Uses of big data and analytics for understanding the business context
- C2a. Big Data and Data Analytics
- C2a. Big Data
- C2bcd. Time series - Components
- C2d. Methods of finding the trend
- C2d. Moving Averages
- C2c. Additive And Multiplicative Models
- C2e. Time Series Analysis
- C2d. Regression Analysis
- C2e. Linear Regression Analysis
- C2b. Spearman's rank correlation coefficient
Chapter 4
Syllabus D. The Financial Context Of Business
D1. Functions of the main financial markets and institutions
- D1a. Direct & Indirect Finance
- D1a. The Role of Financial Intermediaries
- D1a. Short term finance
- D1a. Long term finance
- D1a. Financial Markets
- D1b. Types of banks
- D1b. Credit Creation
- D1b. The Credit Multiplier
- D1b. Central Banks
D2. Financial mathematical techniques in a business decision-making context
- D2a. Simple and compound interest
- D2a. Compounding and discounting
- D2b. Net present value (NPV) and Internal rate of return (IRR)
- D2b. Annuity and perpetuity formulae
D3. Impact of changes in interest and exchange rates
- D3a. Types of foreign currency risk3:13
- D3a. Impact of interest rates changes
- D3b. Understanding Exchange Rates3:41
- D3b. Impact of exchange rate changes
- D3c. Currency Forward3:14
- D3c. Currency Futures2:43
- D3c. Currency Options
- D3c. Interest Rate - Forwards & Futures1:20