CA CPT Economics short notes
 

will you please give me the link from where I can download the short notes of the Economics subject of The Common Proficiency Test which is conducted by the Institute of Chartered Accountants of India? also give me the link to download the syllabus and the last year question paper of Common Proficiency Test which is conducted by the Institute of Chartered Accountants of India?

Re: CA CPT Economics short notes
 

Hello sir, Im preparing for CA CPT Exam. I want short notes on Economics. Is there any one can provide me here CA CPT Economics short notes?

Re: CA CPT Economics short notes
 

The CPT or Common Proficiency Test was the first level of Chartered Accountancy examinations in India. This CA CPT is changed to CA Foundation according to ICAI revised scheme.

Institute of Chartered Accountants of India (ICAI), the exam conducting authority released the online notification of CA CPT December session exam on July 25, 2018.

ICAI will conduct CA CPT examination for December session on December 16, 2018 (Sunday), in two sessions- one morning from 10:30 AM to 12:30 PM, and another afternoon session from 2:00 PM to 4:00 PM.

Fundamental Premise of Economics
Individuals are capable of establishing goals and acting in a mannerconsistent with achievement of those goals

Get download CA CPT Economics short notes:

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CA CPT Economics short notes:

Definition
Different definitions of Economics are given by different economists, which can be classified asfollows;
Economics as a science of wealth (By Adam Smith);
Economics as a science of material well-being (By Prof. Alfred Marshall);
Economics as a science of choice making (By Lionel Robbins);
Economics as a science of dynamic growth and development (By Paul .A. Samuelson)

Salient Features

Following the salient features of this definition;
Adam Smiths definition tries to increase the prosperity of the nation
Adam Smith believed that the only motivation before mankind is to maximize hisprofit.

Criticism
Smiths definition is criticized on following grounds:
Exploitation of labour
Wrong view of economic man
It narrows the scope of economics

Topics in General Economics:

Micro Economics
Introduction to Micro Economics
Theory of Demand and Supply
Theory of Production and Cost
Price Determination in Different Markets
Indian Economic Development
Indian Economy A Profile
Select Aspects of Indian Economy
Economic Reforms in India
Money and Banking