Introduction To Micro Economics
The course introduces to the students the study of microeconomics which focuses on individual behaviors in an economy. It looks at the functioning of individual sectors in an economy. It also presents the basic analytical techniques of economic analysis
EXPECTED LEARNING OUTCOMES
By the end of the course unit, students should be able to:
Introduce students to the basic economic concepts of scarcity, choice and opportunity cost and how they influence price and allocation of resources
Have a basic understanding of the operation of the economic systems.
Have a firm background upon which to learn and understand the modern economic principles
· Suggest solutions to real world economic problems