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| Section | Weight | Objectives |
|---|---|---|
| Macroeconomic and Institutional Context of Business | 25% | - International trade and globalisation - Exchange rate systems and balance of payments - Monetary and fiscal policy - Economic growth, business cycles and price levels - National income and economic activity |
| Microeconomic and Organisational Context of Business | 30% | - Demand, supply and market equilibrium - Market structures and pricing behaviour - Business objectives and stakeholder influences - Price elasticity and revenue effects - Market failure and government intervention |
| Financial Context of Business | 25% | - Financial institutions and their roles - Simple and compound interest, annuities and perpetuities - Time value of money and discounting - Interest rates and their impact on business - Functions and structure of financial markets |
| Informational Context of Business | 20% | - Probability and basic statistical techniques - Presentation and interpretation of business data - Data types, sources and characteristics - Role of information technology and big data - Index numbers and time series analysis |
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