
This course provides a comprehensive overview of economic principles and concepts. Students will explore the fundamental theories of microeconomics and macroeconomics, understanding how individuals, businesses, and governments make decisions regarding resource allocation. Key topics include: Supply and Demand: Analyzing market equilibrium, price elasticity, and consumer behavior. Market Structures: Examining competition, monopoly, oligopoly, and the role of government in regulating markets. Macroeconomic Indicators: Understanding GDP, unemployment rates, inflation, and economic growth. Fiscal and Monetary Policy: Exploring government spending, taxation, and the role of central banks in managing the economy. International Economics: Investigating trade, exchange rates, and the impact of globalization on local economies.
- Teacher: jane musere