CPA Section 2 – Economics (KASNEB)


This unit is intended to equip the candidate with knowledge, skills and attitudes that will
enable him/her to apply the fundamental principles of economics in decision making.

What Will I Learn?

  • A candidate who passes this paper should be able to:
  • • Apply basic mathematical and graphical techniques to analyse economic relationships and
  • interpret the results
  • • Apply the knowledge of economics in decision making
  • • Analyse economic problems and suggest possible policy related recommendations
  • • Apply knowledge of economics in international trade and finance
  • • Apply economic principles in the development and implementation of policies in
  • agriculture and industry

Topics for this course

110 Lessons

Introduction to Economics

Definition of economics
Basic economic concepts: economic resources, human wants, scarcity and choice, opportunity cost, production possibility curves/frontiers
Scope of economics: Micro and macro economics
Methodology of economics: positive and normative economics, scientific methods, economics as a social science.
Economic systems: free market economy, mixed economy, consumers’ sovereignty.

Demand Analysis

Supply Analysis

Determination of Equilibrium

The Theory of Consumer Behaviour

The Theory of Production

The Theory of Costs

Market Structures

National Income

Economic Growth, Economic Development and Economic Planning


The Banking System



International Trade and Finance

About the instructors

0 (0 ratings)

50 Courses

45 students


Material Includes

  • Lecture Videos, Notes, Questions and Answer


  • A person seeking to be registered as a student for any of the professional examinations must show evidence of being a holder of one of the following minimum qualifications:
  • Kenya Certificate of Secondary Education (KCSE) examination with an aggregate average of at least grade C+ (C plus) or its equivalent.
  • Kenya Advanced Certificate of Education (KACE) with at least TWO Principal passes provided that the applicant has credits in Mathematics and English at Kenya Certificate of Education (KCE) level or equivalent qualifications.
  • kasneb technician, diploma or professional examination certificate.
  • A degree from a recognised university.
  • International General Certificate of Secondary Education (IGCSE) examination grade C in 6 papers with C in both English and Mathematics.
  • Such other certificates or diplomas as may be approved by kasneb.

Target Audience

  • Students
error: Content is protected !!
Select your currency
USD United States (US) dollar