IGP - CA Foundation - Business Economics and Business & Commercial Knowledge
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CA Foundation - Business Economics and Business & Commercial Knowledge


A CA student must have an astute understanding of the economy around him as this is the labyrinth realm in which he has to work, post completion of his arduous albeit esteemed professional course and therefore Business Economics and Business & Commercial Knowledge is a wide-ranging subject, studying which a naive CA Foundation student builds the acumen and the awareness to comprehend the economic business world around him.

Course Content

Business Economics

1. Introduction to Business Economics

As the name suggests, herein a student would familiarize himself with the eclectic economic world wherein he would learn the true Meaning, Nature and Scope of Business Economics accompanied with Basic Problems of an Economy wherein a student would then study about the Capitalist, Socialist and the Mixed Economy.

2. Theory of Demand and Supply

In this chapter, a student dive into the eclectic world of Demand and Supply and would study topics such as Law of Demand and Supply, Expansion and Contraction of Demand and Supply, Shift in Demand and Supply Curve that indicates increase/ decrease of Demand and Supply respectively. Also a student would learn about the concept of Elasticity, Nature of Human Wants, Marginal Utility and Indifference Curve Analysis.

3. Theory of Production and Cost

Significance of Production and Cost, Factors of Production, Production Function, Production Optimisation, Concept of Cost, Cost Function, Short Run Total Costs, Long Run Average Cost Curve and lastly Economies and Diseconomies of Scale are topics covered in this chapter.

4. Price Determination in Different Markets

Herein a student would study about the Meaning and Various Kinds of Markets, its Market Structure, Fundamentals of Total Revenue, Marginal Revenue and Average Revenue, Determination of Prices in case of Changes in Demand and Supply, Perfect Competition, Monopoly, Monopolistic Competition and about Oligopoly.

5. Business Cycles

As the title elucidates, here a student would learn about the Phases, Features, Causes and Relevance of Business Cycles. .



Business & Commercial Knowledge

1. Introduction to Business

In this chapter, a student would unfurl the eclectic world of Business and Commercial Knowledge (BCK), he would learn to distinguish between Economic and Non-Economic Activities and would also learn about the several different forms of Business Organisations such as Sole Proprietorship, HUF, Company, LLP etc.

2. Business Environment

As the name limns, herein a student would get a grasp over the Characteristic Features of Business Environment ie at Micro and Macro level with Micro level being Customers/Consumers, Organisation, Suppliers, Competitors etc and there's Technological, Economic, Political, Global Environment at the Macro level.

3. Business Organizationst

This chapter gives a lucid insight into some selected Indian and Global Level Companies.

4. Government Policies for Business Growth

Herein a student would study about the wide-ranging policies such as Liberalisation, Privatization and Globalization along with the drastic changes in Government Policies with regards to business, post India's Independence.

5. Organizations Facilitating Business

As the name elucidates, in this chapter, a student would learn the Significance of Business Facilitation, he would study about Government as a Business Facilitator and also Non-Funding Institutions such as RBI, CCI, SEBI etc. for the purpose of facilitating business in India along with the presence of Funding Institutions etc.

5. Common Business Technologies

In this chapter, a student would familiarize himself with the multifaceted world of Business and Commercial Knowledge. A student would learn innumerable terms that are used in the domains of Finance, Marketing, Banking, Stock and Commodity Markets etc.

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“ Having studied from Ashish Kalra sir in IPCC, I was absolutely sure to take my classes from him for CA Final too. The way he teaches the concepts, they get deeply engraved in us in a manner that it's ... “

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“ As the name suggests, IGP is an institute that really grooms professionals in true manner. Experience is not something which can be defined in words. It is a feeling and the feeling here at IGP with A... “

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“ Thank you sir, for converting our mistakes into lessons, pressures into productivity and skills into strength. You really know how to bring out the best in us. You are the answer to all our problems a... “

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“ Sir, you are really awesome. I have never met you personally but ek ajeeb sa mental connection ho gaya hai aapse. I am taking your satellite classes in Agra. I can't even imagine what would be the sit... “

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“ ASHISH KALRA SIR, the most hardworking and sincere teacher I’ve ever met. IGP means awesome and the best institute for CA classes. I believe all my success is because of this hardworking teache... “

ABHISHEK BHARTI

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“ The most important thing that I've learnt is to plan my work. ASHISH SIR has been a constant source of motivation who instills a lot of confidence in a person. I actually started believing, that achie... “

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“ You are an awesome teacher by the way you teach. Your hard work to build our careers motivates us to work more till our last breath. You taught us not just Cost and FM, but also about all life aspects... “

HEMANT AGGARWAL

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“ IGP is a place you can trust. I am very happy to be a part of this institute. CA Ashish Kalra is a great teacher and I am so blessed to be a part of his life which he shared with us while teaching us.... “

VISHAL KAPOOR

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“ Experience of those four months with Ashish Kalra Sir was out of the world. A person who possesses such vast knowledge not only in the field of cost & F.M. but in other fields also, that we can dream ... “

AKSHAY JAIN

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“ Ashish Sir is an amazing teacher. The way he introduces us with a concept, it make sure we never forget it. He has an explanation for every part of a concept, you just have to be a tentive and never g... “

ANSHIKA GOEL

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“ it was a great experience studing from Ashish Sir. He always motivated us to give our best. He focused on concepts which really helped me in my revisions. His books are more than sufficient for exams ... “

DIVIJ CHADHA

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“ Ashish sir is the best teacher anyone can get…. The way he teaches the concepts and clear each and every doubt is just amazing….. Studing Costing and FM from Ashish sir is just blessing ... “

Divya Jain

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“ I was not able to clear only SCMPE for the last 2 times. But this time because of your classes, I crack it and become CA. Thanks a lot sir... “

ARPIT

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“ I Scored 80 marks in SFM in yesterday result and I am a CA now so thanku sir for your guidance and effort.... “

ANURAG ARORA

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“ Sir apke padhane ka tarika is out of level full conceptual clearity milti hai and theory padhane ka itna interesting way hai ki kabhi bore nahi hote…... Thanks for all such efforts you do for us... “

ANUBHAV THAKUR

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“ Sir ji…. Apne Economics, FM, Cost itni easy tarah se padhaya ki sab samajh aa gya... Sir I Love You… you are the best teacher of this world thanks sir ji for this. ... “

ANSHUL VASHISTHA

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“ Ashish sir apke jaisa teacher kabhi nahi mila aur shayad kabhi milega bhi nahi. Sir u r the best…... And apke concept batane ki technique is simply awsome. According to my family and friends I c... “

ANKIT KUMAR

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“ Best faculty for CA and only institute with face to face classes. Energy level is so high. Motivational lectures are awsome. Best books and content fully covered. Fun and knowledge together. ... “

AMAN SAXENA

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“ Choosing Ashish Sir as mentor was one of the decisions I am proud of, beside his extreme knowledge and ability to disseminate it, his hardwork for us was indeed selp motivating. Now to elobrate on stu... “

DUSHYANT GARG

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“ Words are too little to express what you are to me. You are the most invaluable part of my life and play multiple roles. But it was a teacher that you first exercised your influence on me. So on the o... “

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“ The Ashish Kalra Sir u have been so much more than a teacher for us…. (mentor, guide, friend) I can challenge anybody in the whole world to find a better teacher than u…. U have set a grea... “

Himanshi Goel

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“ Ashish Kalra Sir YOU ARE THE BEST, I still remember the first day of class when all questions seemed same and confusing to me and last day when I was able to handle them proficiently. You made CMA lik... “

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“ Ashish Kalra Sir, You are the Best, I still remember before the first day of class when everything was new and tough in my mind, since the first day till the last day everything was easy as a cakewalk... “

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“ The experience of taking classes from Ashish Sir is magical, something that cannot be accurately described in words. Although I took a pendrive classes, I never felt disconnected and it was as if I wa... “

Mahin Naim

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“ Sir, you have been an excellent teacher, hardworking and devoted to your work and to us. You have helped us grasp your subject through intresting lectures and presentations, feeling us up to achieve o... “

Mittul Garg

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“ Ashish sir is the one who takes a hand opens a mind and touches the heart. He is the best inspiration one can get He is the best teacher one can get. ... “

Neha Tayal

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“ Sir… you are the best teacher no one can teach Cost, FM & ECO for finance better than you….. This whole market is full of teachers but you are diamond of the field and your book of economi... “

Nikhil Arora

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“ Give your best and you will definitely get the best. Keep on working hard and you will clear your CA Exams with good marks. This is what I did. I make a schedule and tried to follow it. Sir always use... “

Prachi Jain

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“ The great instiute, where students are empowerd with knowledge and wisdom. CA Ashish Kalra Sir is DRONNACHARYA of CA students, in their classes knowledge flows like water is flowing in the river. He w... “

Satpal Singh

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“ It has been a great expereince studing CMA & FM Eco from you Ashish Sir. I am so lucky that I got a teacher like you. Your teaching method is really simple, straight forward and effective and I will n... “

Shivam Malhotra

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“ Ashish Kalra Sir has an impeccable talent of bringing the best out of his students. Further his questioning attitude and the method of developing the concepts is something which not only makes the sub... “

Vijender Aggarwal - 2 Times AIR-1

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“ The experience of taking classes from CA Ashish Kalra Sir was amazing. He is the most hardworking person I have ever seen. The positivity and energy level which he passes to his students is simply a... “

Shubham Malhotra-AIR-1-CMA Marks 100/100

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“ It was an amazing experience attending Kalra sir's classes. A great extent of this achievement of mine is owed to sir. The flawlessness of his teaching and the passion with which he teaches are someth... “

Bhumika Agarwalla-AIR-1-CFM Marks

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“ I am Abhishek Agarwal, I secured All India 2nd rank in the CA-IPCC Nov’15 exams and got 82 marks in CFM. Talking about CA Ashish Kalra Sir I think he is a person who not only possesses the most... “

Abhishek AgarwaL-AIR-2-CFM Marks 82/100

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“ I feel lucky that I got chance to be taught by CA Ashish Kalra Sir. To attend his class was quite a fabulous experience for me. He is the best teacher, mentor and guide I have ever seen. He makes ever... “

Pramanshu Sharma-AIR-3-CFM MARKS 88/100

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“ "Teaching at its very best is what describes CA Ashish Kalra sir and CA Vijender Aggarwal sir. They both are extraordinary teachers. Their teaching style makes them stand out among others. They put ... “

AISHNIT KAUR-AIR-4

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“ "The first coaching that I took was Cost and FM. It was a really great experience with sir. Everyday we came, the class comprised half of learning and half of motivation. We always had our fire burn... “

Aekansh Jain-AIR-4

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“ "The experience of those 5 months with CA Ashish Kalra Sir was a life transforming journey. The main thing that is required in CA exams is Conceptual understanding. Sir's classes were a perfect blen... “

Shubham Agarwal-AIR-5

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“ "It's a matter of great pride for me to achieve these goals and in reaching these milestones, IGP played a very important role for me. Be it CPT, IPC or Final, at all the levels all the faculty prov... “

Pragati Varshney-AIR-7-CFM Marks 94/100

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“ Scored 100/100 in CMA and couldn’t have achieved it without Ashish sir. I used to keep contacting him regarding my doubts and at times when I was tensed. He used to be always there for me to guide ... “

Muskan Vadhera-CMA Marks 100/100

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