Exam Name: Fundamentals of Business Economics
Certification Provider: CIMA
Corresponding Certification: CIMA Business Accounting
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Updated: Oct 28, 2026
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- Total Questions: 420
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CIMA BA1 Exam Overview:
| Certification Vendor: | CIMA (Chartered Institute of Management Accountants) |
|---|---|
| Exam Name: | Fundamentals of Business Economics |
| Exam Number: | BA1 |
| Passing Score: | 50% |
| Exam Format: | Computer-based objective test (MCQ) |
| Certificate Validity Period: | No expiry for the CIMA Certificate in Business Accounting qualification |
| Real Exam Qty: | Typically 50 objective test questions |
| Related Certifications: | CIMA Certificate in Business Accounting (Cert BA) |
| Available Languages: | English |
| Exam Price: | Varies by region (approximately £70–£120) |
| Exam Duration: | 120 minutes |
| Recommended Training: | CIMA Official Certificate in Business Accounting Study Resources |
| Exam Registration: | CIMA Exam Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based exam delivered at authorized test centers or via remote proctoring depending on regional availability |
| Pre Condition: | No formal prerequisites |
| Official Syllabus URL: | https://www.aicpa-cima.com |
CIMA BA1 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Microeconomics | - Demand and supply analysis - Elasticity and consumer behavior |
| Economic fundamentals | - Scarcity, choice, and opportunity cost - Economic systems and resource allocation |
| International trade and global economy | - Exchange rates and balance of payments - Trade policy and globalization |
| Macroeconomics | - Inflation, unemployment, fiscal and monetary policy - National income, GDP, and economic growth |
| Market structures | - Oligopoly and market competition dynamics - Perfect competition and monopoly |
Inside Our CIMA Fundamentals of Business Economics Practice Package
This package includes 420 practice questions for the CIMA Fundamentals of Business Economics exam. Every answer is verified by an experienced team of experts, so you can trust what you study.
The CIMA Fundamentals of Business Economics exam requires a score of 50% to pass, and the official registration fee is Varies by region (approximately £70–£120). Factoring in both before you start helps you plan the full cost of certification.
Many candidates combine practice questions with official training. Recommended options include:
One purchase covers the full journey: three versions of the material (PDF, PC test engine, and online version), a free demo to try before buying, 365 days of free updates delivered automatically, and customer service you can reach whenever a question comes up. Nothing essential is sold separately.
The CIMA Fundamentals of Business Economics practice questions are organized around the official exam objectives. Key topics include:
- Market structures ()
- Macroeconomics ()
- International trade and global economy ()
Keeping your revision mapped to these objectives makes every session productive.
Yes. Candidates who come back for additional certifications receive discounts when they buy further practice packages. If you already hold one of our products, ask our staff about the current returning-customer offer before your next purchase.
You can register for the CIMA Fundamentals of Business Economics exam through the official channels:
No formal prerequisites
You can confirm the current eligibility requirements on the official BA1 exam page before you register.
The CIMA Fundamentals of Business Economics exam contains Typically 50 objective test questions questions, and you will have 120 minutes minutes to complete them. Training against the same volume of questions prepares both your knowledge and your pace.
CIMA Fundamentals of Business Economics Sample Questions:
A business was selling 20,000 units of its product per month at a price of $10. When it lowers its price to $9 it finds that its sales rise to 24,000 units per month.
The price elasticity of demand for this firm's product is _____?
Correct Answer:
-2
All of the following are typical features of the downswing phase of the trade cycle except one. Which ONE is the exception?
- A. A rise in the level of unemployment
- B. The government budget balance moving towards a deficit
- C. The balance of payments current account moving towards a deficit
- D. A fall in the rate of inflation
Correct Answer: C 🗳️
Which of the following can be efficiently allocated between competing uses by the price mechanism?
- A. Externalities
- B. Private goods
- C. Free goods
- D. Public goods
Correct Answer: B 🗳️
Which of the following best defines "aggregate supply"?
- A. The stock of output available for sale in an economy
- B. The level of prices at which output can be sold in an economy
- C. The full employment level of output of the economy
- D. The flow of goods and services produced by an economy during the year
Correct Answer: D 🗳️
If a government adopted a fiscal policy of cutting its budget deficit, the aggregate demand and supply model shows that the result would be:
- A. a shift in the aggregate demand curve to the left, a fall in output and employment and a fall in the price level
- B. a shift in the aggregate demand curve to the right, a fall in output and employment and a rise in the price level
- C. a shift in the aggregate demand curve to the left, a fall in output and employment and a rise in the price level
- D. a shift in the aggregate demand curve to the right, a rise in output and employment and a rise in the price level
Correct Answer: A 🗳️
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