Taxmann CA Foundation Cracker Business Economics (Economics) New Scheme By Ritu Gupta Applicable for May / Sep 2025 Exams

This book is tailor-made for CA Foundation aspirants, specifically covering Paper 4: Business Economics (Economics) under the New Syllabus. It compiles past examination questions (including the January 2025 Exam), answers, additional practice questions, RTPs (Revision Test Papers), and MTPs (Mock Test Papers) and provides chapter-wise analysis. The goal is to offer concept clarity, facilitate quick revision, and foster rigorous practice—ensuring students can tackle the exam confidently.

The Present Publication is the 13^th Edition for the CA-Foundation | New Syllabus | May/Sept. 2025 Exams. This book is authored by Dr Ritu Gupta, with the following noteworthy features:

• [Exhaustive Coverage of Past Exam Questions] Includes memory-based questions and answers from previous CA Foundation examinations, covering up to the latest January 2025 exam
• [Additional Important Questions] Features carefully curated questions on critical and frequently tested topics to strengthen students’ preparedness for upcoming exams
• [Coverage of RTPs & MTPs] Incorporates questions from the Revision Test Papers and Mock Test Papers issued by ICAI, aligning the book’s practice material with official standards
• [Chapter-wise Sub-topics & Marks Distribution] Each chapter is divided into focused sub-topics, along with a detailed allocation of marks from previous exams to help students identify high-priority areas
• [Chapter-wise Mapping with ICAI Study Material] Presents a clear correlation between the book’s chapters and ICAI’s official study modules, enabling seamless cross-referencing
• [Focus on Conceptual Clarity & Quick Revision] As a ‘CRACKER’-style resource, this book emphasises brevity and clarity, perfect for last-minute revisions while maintaining conceptual depth

The coverage of the book is as follows:

• Nature & Scope of Business Economics
• Fundamentals, definitions, and introductory concepts set the stage for more advanced topics
• Theory of Demand & Supply
• Demand analysis, elasticity, supply concepts, and market equilibrium scenarios
• Theory of Production & Cost
• Production functions, short- and long-run costs, economies of scale, and related analytical tools
• Price Determination in Different Markets
• Perfect competition, monopoly, monopolistic competition, and oligopoly; price-output determinations in varying market structures
• Business Cycles
• Phases and indicators of business cycles, causes, and policy measures
• Determination of National Income
• Essential macroeconomic measures, GDP calculations, and their significance in policy-making (Newly added to the CA Foundation syllabus)
• Public Finance
• Introduction to government revenues, expenditures, and the fundamentals of fiscal policy (Newly added chapter)
• Money Market
• The role and functions of money, banking systems, and monetary policy instruments (Newly added chapter)
• International Trade
• Basics of foreign trade, balance of payments, and trade policies (Newly added chapter)
• Indian Economy
• An overview of economic reforms, growth parameters, and the socio-economic environment in India (Newly added chapter)

The structure of the book is as follows:

• Unit-wise Division – Each unit focuses on a specific area of Business Economics, ensuring clarity and coherence throughout
• Chapter Overview & Learning Objectives – Every chapter begins with an outline of core topics and learning objectives, highlighting the most crucial concepts
• Past Examination Questions
• Memory-Based Questions – Adapted from real exam scenarios to acquaint students with the style and difficulty level
• Practice Questions – Includes additional questions to reinforce learning and stimulate analytical thinking
• Chapter-wise Marks Distribution & Comparison – Offers tables/chart-based insights into how each topic has been tested in prior exams, helping students prioritise effectively
• Answer Presentation Tips & Framework – While Business Economics questions often emphasise theory and numerical examples, the book suggests strategies for structured, succinct, and high-scoring answers—particularly beneficial for short-answer and MCQ-based questions
• Quick Revision Notes – Summaries and bullet points at the end of each chapter to encapsulate vital points for last-minute review

About the author

Dr. Ritu Gupta completed her M.Com from Janki Devi Memorial College, the University of Delhi, in 2004. She has obtained a Ph.D. degree in Commerce in 2019. She has also done DOEACC ‘O’ level from DOEACC Society, Government of India. She also holds a post-graduate diploma in business administration from PTU. In addition, she has presented research papers as a part of coursework at Kumaun University.

She has been associated with NCWEB, the University of Delhi, as visiting Lecturer since 2005. She has also been a part of the editorial team of the book ‘Business Statistics for Commerce’, under the e-Pathshala Post Graduation project of UGC under NMEICT by MHRD, Govt. of India.

Dr. Ritu Gupta contributed to the development of e-content. She was a content writer for ‘Principles of Business Finance and Accounting’ and ‘Project Appraisal and Impact Analysis’.