Courses Catalogue

Introduction To Microeconomics

COURSE CODE: ECO 1111
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Business Administration: International Business, B.Sc
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

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

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