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Exam Code: BA1
Exam Name: Fundamentals of Business Economics
Updated: Aug 09, 2026
Q & A: 420 Questions and Answers
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CIMA is the UK-based Chartered Association of Certified Accountants with a membership of over 40,000 worldwide. Founded in 1928, CIMA is the world's first professional accountancy body to offer a nationwide professional qualification. The association comprises all the members of the Institute of Chartered Accountants in England and Wales, as well as CAA Scotland which operates under their own statutes and the Institution of Professional Accountants (IPA) Ireland.
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CIMA BA1 Certification Exam only requires you to answer two-thirds of the questions correctly in each section. You cannot receive a special score or percentage for each section, and your final score will be the combined total of all three sections. You are expected to answer 140 out of 230 questions correctly in total. Candidates are able to resit for CIMA BA1 exam within two years with their membership number, if they wish to do so. If you are not satisfied with your examination result, you should contact CIMA immediately and ask for feedback on how to improve yourself further.
| Section | Objectives |
|---|---|
| Macroeconomics | - Inflation, unemployment, fiscal and monetary policy - National income, GDP, and economic growth |
| Economic fundamentals | - Scarcity, choice, and opportunity cost - Economic systems and resource allocation |
| Market structures | - Perfect competition and monopoly - Oligopoly and market competition dynamics |
| International trade and global economy | - Trade policy and globalization - Exchange rates and balance of payments |
| Microeconomics | - Elasticity and consumer behavior - Demand and supply analysis |
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