Associate Level – Business Economics

5 个单元 · 33 个章节

免费 Associate Level – Business Economics 学习笔记，适合 HKICPA QP (Hong Kong CPA) 学生。每个章节都覆盖一个重点主题，并附例题与可延伸到 thinka app 的练习提示。

Explain the Features of Economic Environment and Define Economic Concepts

Principal features of the economic environment
Scarcity and choice
Opportunity cost
Marginal analysis

Apply the Fundamental Principles of Microeconomic Theory

Different types of economy
Types of goods and services produced
Demand, supply and market equilibrium
Behaviour of consumer demand
Theory of production and costs
Market and economic efficiency, market failure and public policies
Market structures and profit maximization strategies

Apply the Fundamental Principles of Macroeconomic Theory

Circular flow of income
Key macroeconomic data
Consumption, savings, investment, capital formation and government spending
Nature and functions of money
Money supply and demand
Business cycle
Fiscal and monetary policies
Absolute and comparative advantages and gains from trade
Free trade and protectionism
Exchange rates, balance of payments and international trade

Explain the Key Concepts of Statistical Analysis

Descriptive statistics
Inferential statistics
Random variables
Samples versus population; statistics versus parameters
Cross-section versus time series data
Sampling techniques

Apply Techniques of Statistical Analysis

Measures of central tendency and dispersion
Probability distribution, standard error and confidence intervals
Hypothesis testing
Index numbers
Components of time series
Frequency tables and analysis of grouped and ungrouped data

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