This course introduces students to the concepts, theories, and practices of development with emphasis on social, cultural, economic, ethical, and environmental dimensions. It examines development challenges and strategies in Kenya, Africa, and the developing world, enabling learners to critically assess development processes, institutions, and outcomes in a global context.
Purpose: To demonstrate an understanding of the fundamental methodology and principles of microeconomic theory and practice
Expected Learning Outcomes of the Course
By the end of the course unit the learners should be able to:-
- Explain the meaning of key concepts and terminologies used in principles of microeconomics
- Discuss the relevance of different market structures and assess the impact of government policies on them.
- Explain the importance of consumer and producer behaviours in making key economic decisions.
- Relate knowledge of microeconomics to other disciplines involved in economic growth and development of a country
GENERAL OBJECTIVES
The course is intended to introduce students to the financial accounting principles which are the core units in the BBM degree course.
SPECIFIC OBJECTIVES
At the end of this course the learner will be able to
i. Record incomes and expenditure
ii. Prepare cash book, petty cash book, journal, ledger and trial balances.
iii. Collect and analyze information for the purpose of preparing final accounts
iv. Prepare statement of affairs and income statements
This course equips students with the essential knowledge, skills, and attitudes required to initiate, manage, and grow individual or group-based business enterprises. It aims to foster a spirit of self-reliance and innovation by preparing students to explore and exploit entrepreneurial opportunities within their environment, thereby contributing to socio-economic development.
Course Objectives
1. Understand the concept and significance of entrepreneurship and self-employment.
2. Identify and evaluate viable business opportunities in a dynamic environment.
3. Apply entrepreneurial competencies in starting and managing business ventures.
4. Demonstrate knowledge of financial, legal, and policy frameworks affecting small enterprises.
5. Develop project planning, resource management, and strategic thinking skills.