How to Prepare for Fundamental of Economics and Management- CMA Foundation In this video, we'll go over the CMA Foundation Fundamentals of Economics and Management Paper 1 exam overview and exam preparation tips, as well as everything you need to know about the new Notifications - both old and new structures. Introduction of Economics and Management Economics is the study of how humans work together to turn scarce resources into commodities and services in order to satisfy our natural desires. Although numerous scholars have defined economics in various ways, the most frequently recognized definition is that it is the study of wealth. The study of how to get things done through and with the people involved in an activity is what management is all about. About Economics and Management There are two parts to this study. Part 1 will teach you about the fundamentals of economics, and Part B will teach you about the fundamentals of management. Because the eco...
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