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Last Updated: Nov 12, 2026
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CIMA BA1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Economic fundamentals | - Economic systems and resource allocation - Scarcity, choice, and opportunity cost |
| Microeconomics | - Demand and supply analysis - Elasticity and consumer behavior |
| International trade and global economy | - Trade policy and globalization - Exchange rates and balance of payments |
| Macroeconomics | - National income, GDP, and economic growth - Inflation, unemployment, fiscal and monetary policy |
| Market structures | - Perfect competition and monopoly - Oligopoly and market competition dynamics |
CIMA Fundamentals of Business Economics Exam FAQ — Break the Bottleneck
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The CIMA Fundamentals of Business Economics is CIMA's certification exam for CIMA Certificate in Business Accounting, at the Foundation / Certificate level. When a good opportunity appears, the certified hold the vital advantages. Related credentials include CIMA Certificate in Business Accounting (Cert BA).
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The CIMA Fundamentals of Business Economics blueprint spans 5 domains — including Economic fundamentals, Microeconomics, International trade and global economy. A cram sheet with direction beats aimless reading; the complete outline above lists every subtopic.
CIMA Fundamentals of Business Economics Sample Questions:
Identify from the list below the financial instrument that is not a method of government borrowing:
- A. Cash (i.e. notes and coins)
- B. Contributions to state-provided pensions
- C. Taxation
- D. Government bonds
Correct Answer: C 🗳️
Which ONE of the following statements best describes the impact of a government minimum price established above free market price?
- A. It will create a shortage of the product and incentives for producers and consumers to evade the policy
- B. It will not affect market price or producer incomes at the present time
- C. It will increase farm incomes but may eventually force the government to introduce maximum quotas on production
- D. It will create a surplus of unsold produce and reduce farm incomes
Correct Answer: C 🗳️
What does the term 'equity financing' mean?
- A. A company selling off some of its tangible assets to pay for debts.
- B. A company financing a short term cash flow shortage by borrowing from a financial intermediary.
- C. A company investing its excess liquidity by purchasing shares.
- D. A company financing its liquidity deficit by issuing shares.
Correct Answer: C 🗳️
A company in Country M owns a subsidiary in Country O valued at OS200 million. The rate of exchange between the Country M dollar (M$) and the Country O dollar (OS) is OS1 - MS6 If the Country M S depreciated by 10% what would be the increase or decrease in the MS valuation of the subsidiary?
Give your answer in whole millions and indicate whether it is an increase or decrease.
Correct Answer:
M$120 million decrease
A promoter has arranged a large outdoor concert. All the costs are fixed and there are no variable costs associated with the number of spectators attending.
Which of the following statements about the profit maximizing price is FALSE?
- A. This is the price which maximizes the revenue the promoter earns from the concert
- B. It is the price at which Marginal Revenue is zero
- C. This price will ensure the promoter covers the cost of the concert
- D. At this price, the price elasticity of demand will be unity (i.e. equal to 1)
Correct Answer: C 🗳️
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