Courses Catalogue

Introduction To Microeconomics

COURSE CODE: ECO 1101
COURSE CREDIT UNIT: 4
ACADEMIC PROGRAMME: Economics
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

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:

  • Discuss the basic economic concepts of scarcity, choice and    opportunity cost  and how they influence price and allocation of resources
  • Explain the operation of the economic systems.  
  • Describe a firm background upon which to learn and understand the modern economic principles

·         Suggest solutions to real world economic problems