Courses Catalogue

Rural Economics

COURSE CODE: ECO 3204
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Economics
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

The course will cover the economic problems of market supply and demand, the theory of consumer behavior, production efficiency and technical change, monopoly and an introduction to welfare economics including Pareto optimality and alternative view of equity.  

 

EXPECTED LEARNING OUTCOMES

By the end of the course unit, students should be able to:

  • Articulate the basic concept and underlying principles of microeconomic theory in rural economics
  • Explain the role of economists and the state in rural development
  • Explain the theories of production, consumption exchange and welfare in rural economy context 
Relate the theories of rural structures and development problems in Uganda