Introduction To Microeconomics

Course Justification

Teachers of Economics need this introductory course in Economics to get acquainted with the tools and principles of economics. Such knowledge is required to enable them explain the key concepts in economics to the secondary school students.

Course Description

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.

Course Aim

The overall aim of the course is to equip the teacher trainee with the basic concepts  in economics.

Learning Outcomes

By the end of the course unit, students should demonstrate ability to:

·         Explain  the basic economic concepts of scarcity, choice and opportunity cost  and how they influence price and allocation of resources

·         Discuss the operation of the economic systems.

·         Describe the firm background upon which to learn and understand the modern economic principles

·         Explain solutions to real world economic problems