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2021-12-19 12:30:25 https://unacademy.com/batch/lakshya-mayjune-2022-20/KBSFFHAZ

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2021-12-19 10:00:58 Imp. Formula's :

MC=∆TC/∆Q or ∆TVC/∆Q
TC=TVC+TFC
AVC=TVC/Q
AFC=TFC/Q
ATC=AVC+AFC or TC/Q

Rates for Exam :

Policy Repo Rate : 4.00%
Reverse Repo Rate : 3.35%
Marginal Standing Facility Rate : 4.25%
Bank Rate: 4.25%
CRR : 4.00%
SLR : 18.00%
Base Rate : 7.25% - 8.80%
MCLR (Overnight) : 6.50% - 7.00%

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2021-12-19 10:00:19 CA Foundation Economics :

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1. Alfred Marshal (British)-
-Demand
-Time concept
-Diminishing utility -Marginal Utility Approach
-Time element to differentiate market
-Welfare
-Study of Mankind

2. Adam Smith -
-Nature & Causes of Wealth of Nation (1776).
-Father of Economics
-Definition of Wealth

3. Joel Dean -
Business Economics

4. JB Say -
Economics is science of growth

5. Nicholas Kaldos -
Cobweb theory

6. HA Simon -
Satisfying Behavior

7. Olaf Hamler -
Delphi Method/Expert Opinion

8. Hicks & Allen -
Indifference Curve

9. L Robbins -
-Nature & Significance of Economics
-Scarcity of resources
-Positive science

10. Samuelson -
Growth of business

11. AC Pigou -
-Measuring rod of money
-Welfare in economy
Business
-Optimism & pessimism

12. F Knight -
Risk

13. Schumpeter -
Innovation

14. A.A Berle & GC Means -
Separation of management and ownership

15. Williamson -
Profit Maximization

16. Baumol -
Revenue Maximization

17. RL Marris -
management goal of stability & growth

18. Paul Sweezy -
Kinked demand curve

19. Hawtrey -
Monetary

20. Karl Marx & Frederick Engels -
-Socialist Economy
-The Communist Manifesto (1848)

21. Cyert & March -
4 possible functional goals: production, inventory, sales, market

22. Chamberlin -
Group Behavior

23. Cobb Douglas =
Capital ¼
Labour ¾

24. Jacob Viner -
Economics is what economists do

25. Thorstein Veblen -
Conspicuous consumption/
Veblen Goods

26. Robbert Giffen -
Giffen Goods

27. Keynes -
Aggregate Effective Demand

28. Peter Drucker
Aim - Create & Retain customer

29. David Easton -
Feedback or Black box model

Save this for your last minute revision.

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2021-12-19 09:59:40 CA Foundation Business Economics Chapterwise Notes :

By CA Sanchit Grover

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Chapter 1: Nature & Scope of Business Economics
https://t.me/Mission_CA_Foundation/372

Chapter 2: Theory of Demand and Supply
https://t.me/Mission_CA_Foundation/373

Chapter 3: Theory of Production and Cost
https://t.me/Mission_CA_Foundation/374

Chapter 4: Meaning and Types of Markets
https://t.me/Mission_CA_Foundation/375

Chapter 5: Business Cycles
https://t.me/Mission_CA_Foundation/376

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2021-12-19 08:39:46 https://unacademy.com/batch/lakshya-mayjune-2022-20/KBSFFHAZ

RIGHT TIME IS NOW!

Starting from 22nd December onwards
Take your preparations for May/June 2022 Foundation exams to the next level

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2021-12-18 21:24:01 CA Foundation Economics & BCK Charts :

By CA Jatin Dembla

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2021-12-18 21:23:15 CA Foundation BCK Colored Book :

By CA Piyush Gupta

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2021-12-18 17:30:37 Join Private Group for CA Inter Discussion.

Must Join For FREE Exam Boost & Exam Atmosphere

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2021-12-18 13:15:03 CA Foundation || Economics & BCK || Suggested Answers with Question Paper July 2021 :

By @Mission_CA_Foundation

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2021-12-18 13:14:52 CA Foundation Economics Dec 2020 Question Paper :

Exclusively for
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