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
Skill Level: Beginner