Fundamentals of Business Economics

CIMA Learning System Decisions of Organisations Scarce resources Scarcity Production decisions Production possibilities business organisation Profit maximisation calculation theory of costs Shareholder wealth Share values Stakeholders Market System Competitive Process Consumer behaviour v Market demand Prices Market structures determination public sector Privatisation Financial System credit creation process insurance market Macroeconomic Context Domestic Economy trade cycle inflation external balance International Economy Economic growth Globalisation International Trade Foreign exchange