CA14: Economics

This course equips learners with the fundamental knowledge and analytical skills required to understand how individuals, businesses, and governments make decisions regarding the allocation of scarce resources. It introduces learners to the principles of microeconomics and macroeconomics, focusing on market behavior, national income, economic growth, public policy, and international trade. The course prepares learners to apply economic reasoning in business, finance, and public sector decision-making.

Key Topics Covered

• Introduction to Economics
• Basic Economic Concepts
• Demand and Supply Analysis
• Consumer Behaviour
• Production and Cost Theory
• Market Structures
• Pricing and Resource Allocation
• National Income Accounting
• Money and Banking
• Inflation and Unemployment
• Fiscal Policy
• Monetary Policy
• Economic Growth and Development
• International Trade
• Balance of Payments
• Exchange Rates
• Globalization and Regional Economic Integration
• Contemporary Economic Issues