- Introduction to microeconomics
- Problem of scarce resources
- Allocation of resources in product and factor markets — with applications to Nigeria and other economies
- Supply and demand theory
- Cobweb theory
- Theory of consumer behavior:
- Utility and preferences
- Indifference curves
- Budget constraints
- Substitution and income effects of price change in consumer demand
- Equilibrium concept
- Possibility of disequilibrium
- Partial equilibrium analysis
- General equilibrium analysis
- Introduction to economic dynamics
Course Features
- Lecture 0
- Quiz 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
