BPA1105 Micro- Economics

Micro Economics is meant to expose students to the concepts and theories that are useful in understanding, explaining and making predictions regarding economic behaviours so that they can apply these concepts and theories to understand real world economic issues and problems.

Course Objectives
Micro Economics is designed to achieve the following purposes:

• To introduce the students to the basic concepts of Micro economic principles
• To enable the students to relate micro economic principles to the problems of development and understanding of the economic environment.
• To lay the foundation for future study of business-related disciplines and other disciplines related to economics.

Learning outcomes
On completion of this course, students should be able to:

• Understand and apply basic microeconomic principles to the economic decisions of households and firms under a variety of market conditions 
• Use micro economic principles both to describe and to appraise these decisions 
• Use diagrammatic and basic mathematical concepts and techniques in economics, and analysis and decision making.