Courses Catalogue

Introduction To Micro Economics

COURSE CODE: ECO 1101
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Public Adminstration, B.Sc
COLLEGE/SCHOOL/FACULTY: College of Humanities and Social Sciences
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

The course introduces students to the study of microeconomics which focuses on individual behaviors in an economy. It looks at the functioning of individual sectors in an economy and also presents the basic analytical techniques of economic analysis

COURSE OBJECTIVES

  • To explain to the basic economic concepts of scarcity, choice and    opportunity cost  and how they influence price and allocation of resources
  • To have a basic understanding of the operation of the economic systems.
  • To identify and explain the modern economic principles

COURSE 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