PRC-03 Business And Economic Insights Study Text + Question Bank - ICAP

PRC-03 Business And Economic Insights Study Text + Question Bank MCQs – Volume 1 & 2  (2025-26)
Publisher: ICAP

🔹 Introduction

The PRC-03 Business And Economic Insights (Volumes 1 & 2) by ICAP provides comprehensive coverage of fundamental business principles and essential economic theories. It is designed specifically for CA students to develop a strong understanding of business operations, management strategies, and economic frameworks vital for professional success.

🔑 Key Points

📖 Volume 1 (Business Focus):

• Explains the nature, ownership, and organization of modern businesses.

• Covers business financing methods and financial decision-making.

• Introduces information systems for business operations.

• Highlights business ethics and corporate governance.

• Discusses branding, marketing, and HR strategies in competitive environments.

📖 Volume 2 (Economics Focus):

• Explains the scope of economics, market demand & supply, and equilibrium.

• Covers elasticity, firm theory, and national income determination.

• Discusses consumption, savings, investment, multiplier, and accelerator concepts.

• Analyzes public finance, money, inflation, and unemployment.

• Explores the role of monetary policy in economic stability.

📑 Table of Contents

📘 Volume 1

1. Nature of Business

2. Ownership of Business

3. Organization of Business

4. Sources of Business Finance

5. Information Systems

6. Business Ethics

7. Concepts of Branding and Marketing

8. Human Resource Strategies

📘 Volume 2

1. Nature and Scope of Economics

2. Demand, Supply and Market Equilibrium

3. Elasticity of Demand and Supply

4. Firm Theory

5. National Income and Its Determination

6. Consumption, Saving and Investment

7. Multiplier and Accelerator

8. Public Finance

9. Money

10. Inflation and Unemployment

11. Monetary Policy

🔹 Conclusion

The PRC-03 Business And Economic Insights (Volumes 1 & 2) by ICAP is a well-structured resource that integrates business management principles with economic analysis, making it indispensable for CA students and learners preparing for professional accountancy exams.

PRC-03 Business And Economic Insights Study Text Vol 1 - Pg 118 
PRC-03 Business And Economic Insights Study Text Vol 2 - Pg 304