Basic arithmetic is helpful, with no advanced economics background needed to begin. Use current authoritative exam materials for your sitting. The examples are educational and do not provide personalised economic forecasts or investment advice.
About this course
Develop a foundation in business economics through this free CIMA BA1 course from OpenTuition. All 14 source videos are retained, covering organisations, markets, the wider economy, trade, financial mathematics and the use of data. Every teaching-video ID referenced by the provider’s eleven course chapters is present in the playlist.
Course at a glance
| Provider / Teaching team | OpenTuition |
|---|---|
| Platform | YouTube · OpenTuition |
| Access | Free Video |
| Level | Beginner |
| Language | English |
| Videos | 14 |
| Video duration | 6h 26m · allow extra time for practice |
| Format | Self-paced recorded training |
| Certificate | Not included with video viewing |
What you’ll learn
- Explain basic supply, demand and market concepts in a business setting.
- Describe how the wider economy, trade and exchange rates can affect business conditions.
- Recognise the purpose of introductory financial and economic calculations.
- Use data and simple statistical concepts while considering the limits of an interpretation.
Skills you’ll gain
- CIMA BA1 study
- Business economics
- Supply and demand
- Macroeconomic concepts
- Financial mathematics
- Economic data
Course Overview
The course introduces the setting in which businesses operate, from organisations and market behaviour to national income, inflation, trade, financial markets and economic development. It also contains financial mathematics and data topics, including regression and correlation. The provider’s eleven published chapters reference 14 teaching-video IDs, all included in the source. Every recording remains available. Use the course to connect an economic concept with a question about a business rather than assume that a model predicts the next market outcome. The recordings are educational material; current economic conditions and exam requirements need separate verification.
How to study the course
- Build the organisational and market foundations first, then connect them with the wider economic environment discussed in later topics.
- For the financial and data lessons, identify the input figures, assumptions and purpose of the calculation before interpreting the output.
- Compare a simple business scenario under two different conditions and explain what the model helps you consider, along with what it leaves uncertain.
Use the searchable classroom lesson list to revisit a specific explanation. Pause after a useful demonstration, reproduce a small example and explain the result in your own words. Keep a short note of what worked, what changed and what you still need to understand before moving on.
Who is this for?
This course suits CIMA BA1 learners, business students and professionals who want a basic economic vocabulary. It is useful when you need to understand how market conditions and economic information relate to business decisions.
Before you start
Basic arithmetic is helpful, with no advanced economics background needed to begin. Use current authoritative exam materials for your sitting. The examples are educational and do not provide personalised economic forecasts or investment advice.
Put the lessons into practice
Create a fictional business selling one product in two regions. Describe how a change in demand, input costs or exchange rates could affect its choices. Use a simple table or chart to show one assumed relationship and clearly label it as a model. Apply one financial or data technique from the course to a small invented dataset, checking the arithmetic. Finish with a short explanation of the information a manager would need before making a real decision and the uncertainty the example cannot resolve.
This optional activity is provided by WikiFree for independent practice. It is not a graded assignment from the instructor. Keep your working notes, check the result against the task you defined and return to the relevant lesson when an assumption or technique is unclear.
Certificate / Assessment
Watching the public videos and using WikiFree progress tracking does not award a certificate, exam voucher, academic credit or instructor assessment. ACCA or CIMA exam entry, current exam eligibility and professional qualification requirements are separate from this video classroom.
Use your practice output to review what you can now explain and repeat independently. Completion tracking records your study progress; it does not replace an assessed qualification or professional experience.
Related courses for your next step
- Compare another approachMacroeconomics Fundamentals: Free Course
Focus: Production possibilities · Comparative advantage
Beginner - Compare another approachEconomic Indicators and Business Cycles: Free Course
Focus: GDP accounting · Price indexes
Beginner - Compare another approachSupply, Demand and Market Equilibrium: Free Course
Focus: Market equilibrium · Elasticity
Beginner
Compare course focus, level and study time
| Course | Level | Focus | Study time |
|---|---|---|---|
| This course — CIMA BA1 Business Economics: Free Course | Beginner | CIMA BA1 study · Business economics · Supply and demand | 6h 26m of video; practice time is additional |
| Macroeconomics Fundamentals: Free Course | Beginner | Production possibilities · Comparative advantage · Trade | 1h 48m of video; practice time is additional |
| Economic Indicators and Business Cycles: Free Course | Beginner | GDP accounting · Price indexes · Unemployment | 2h 37m of video; practice time is additional |
| Supply, Demand and Market Equilibrium: Free Course | Beginner | Market equilibrium · Elasticity · Economic surplus | 3h 6m of video; practice time is additional |
Frequently asked questions
Is this course free to watch?
Yes. The public video lessons can be viewed in the WikiFree classroom. Free viewing does not include paid software, service subscriptions, provider membership benefits or a credential.
How long does the course take?
The 14 source videos total approximately 6h 26m. Allow additional time for pausing, practice, reviewing an example and checking your own result.
What background do I need?
Basic arithmetic is helpful, with no advanced economics background needed to begin. Use current authoritative exam materials for your sitting. The examples are educational and do not provide personalised economic forecasts or investment advice.
Does watching the course award a certificate?
No. Video viewing and WikiFree progress tracking do not award a certificate, credit or an exam voucher.
Can I study on a phone?
Yes. The classroom has a responsive player and searchable lesson list. A larger screen and suitable practice environment are helpful for following software demonstrations or technical examples.
Provider: OpenTuition. Videos play from the OpenTuition channel on YouTube.
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