#### **Study Material - Foundation Course - Paper-4: Business Economics - New Scheme of Education and Training** #### **(Applicable for May 2025 Exam)** - [Initial Pages](https://drive.google.com/file/d/1xCzjm3-kYNW9kmCk9sU_BxyLRiS2pQAN/view?usp=sharing) - Chapter 1: Nature & Scope of Business Economics - [Unit 1: Introduction](https://drive.google.com/file/d/1AjG3bS7EpESvrGiRzwJb7LJdxBAVQQjx/view?usp=sharing) - [Unit 2: Basic Problems of an Economy & Role of Price Mechanism](https://drive.google.com/file/d/1Om26P3_f4D7YmwETmMVBBJDKQPvnvdO1/view?usp=sharing) - Chapter 2: Theory of Demand and Supply - [Unit 1: Law of Demand and Elasticity of Demand](https://drive.google.com/file/d/16Ke39_ykytTiRHo_bs1fwyjmF6vrCpSJ/view?usp=sharing) - [Unit 2: Theory of Consumer Behaviour](https://drive.google.com/file/d/1Qg1F5qh0l9F6HsS5afSl_LfKHfFYP6w8/view?usp=sharing) - [Unit 3: Supply](https://drive.google.com/file/d/1GPlUdG0HlNhnt2JlTW5rPkxYLQP__5MA/view?usp=sharing) - Chapter 3: Theory of Production and Cost - [Unit 1: Theory of Production](https://drive.google.com/file/d/1KYZVNd6Zs-pj09L4IZW1-FpYxF5U8f43/view?usp=sharing) - [Unit 2: Theory of Cost](https://drive.google.com/file/d/1KYZVNd6Zs-pj09L4IZW1-FpYxF5U8f43/view?usp=sharing) - Chapter 4: Price Determination in Different Markets - [Unit 1: Meaning and Types of Markets](https://drive.google.com/file/d/1_6pVcmh7famHXbXv08Q9xg-uEkkB3Ytk/view?usp=sharing) - [Unit 2: Determination of Prices](https://drive.google.com/file/d/1FQI3k-gIOH4MNYciUnSh059dYrcIEsfQ/view?usp=sharing) - [Unit 3: Price Output Determination under Different Market Forms](https://drive.google.com/file/d/1c1EgSYy7ioxSKiQcvilBjsc3DXOZQ4QE/view?usp=sharing) - [Chapter 5: Business Cycles](https://drive.google.com/file/d/1MwaVSynYOrULGIlFvOOysRCvXmUg-kDu/view?usp=sharing) - Chapter 6: Determination of National Income - [Unit 1: National Income Accounting]https://drive.google.com/file/d/1EZR5TCyh5Xk4s_BauqL3gMTGhhK7sbt7/view?usp=sharing) - [Unit 2: The Keynesian Theory of Determination of National Income](https://drive.google.com/file/d/1C811vc4MTMiMt3powj4wCIUSre3kUNDx/view?usp=sharing) - Chapter 7: Public Finance - [Unit 1: Fiscal Functions: An Overview, Centre and State Finance](https://drive.google.com/file/d/1w6C7BSCIWjKSqzXDC5UkriUv4CEeQftA/view?usp=sharing) - [Unit 2: Market Failure/ Government intervention to correct Market Failure](https://drive.google.com/file/d/1iwSEoCrF95xhS_wWCeV2ja_V5W7msJ0D/view?usp=sharing) - [Unit 3: The Process of Budget Making: Sources of Revenue, Expenditure Management and Management of Public Debt](https://drive.google.com/file/d/1yfiYeqi5TUr5_TUF3zzdIa-o52IKs242/view?usp=sharing) - [Unit 4: Fiscal Policy](https://drive.google.com/file/d/1rZxyXG-Sx3ENeGjSB08NRU4Cvs0wT2k8/view?usp=sharing) - Chapter 8: Money Market - [Unit 1: The Concept of Money Demand: Important Theories](https://drive.google.com/file/d/1KKi5ZWKwVoAaMk_3hqsqpm-JfpHAbsdq/view?usp=sharing) - [Unit 2: The Concept of Money Supply](https://drive.google.com/file/d/1uwPgMW4CszZ4EJi4_6zdzEVwbATbUywi/view?usp=sharing) - [Unit 3: Monetary Policy](https://drive.google.com/file/d/1q6ygRkjBXdws9qQS2TGCQvN7PYDgYrpN/view?usp=sharing) - Chapter 9: International Trade - [Unit 1: Theories of International Trade](https://drive.google.com/file/d/1-0WTQ38Z7ZcHqnooeO8DMgcUjnrHb9bR/view?usp=sharing) - [Unit 2: The Instruments of Trade Policy](hhttps://drive.google.com/file/d/1l2vC8HsUrPMsO-MNY_7B7tKucSZxpbBk/view?usp=sharing) - [Unit 3: Trade Negotiations](https://drive.google.com/file/d/1nrh6I2pT6kT0TCubW4SBW4wCifag_98Z/view?usp=sharing) - [Unit 4: Exchange Rate and Its Economic Effects](https://drive.google.com/file/d/1n0bfDHKNl6aYbqcTtcr-vDn17Nt55nV-/view?usp=sharing) - [Unit 5: International Capital Movements](https://drive.google.com/file/d/1AHhk-RbVGl4xsqi8mJjwuH54GYVtb9QT/view?usp=sharing) - [Chapter 10: Indian Economy](https://drive.google.com/file/d/1jBjynYp1gOvm7EJlKUgaCAZxAVmz2c7u/view?usp=sharing) - [Glossary](https://drive.google.com/file/d/18g_uZ8w-NgpRWbmYWTwVrZYmgav6JU_I/view?usp=sharing)