This module of Principles of Economics introduces students to the foundational concepts of economics. exploring how individuals and societies allocate limited resources to satisfy unlimited wants. It covers the core theories of demand, supply, and elasticity, examines price formation and consumer behavior, and analyzes how firms produce goods and manage costs. The course also delves into different market structures and their impact on competition and efficiency, emphasizing the importance of productivity, efficiency, and rational decision-making in economic activities.
It equips students with the analytical tools to understand and evaluate economic phenomena in both microeconomics and macroeconomics contexts.
It equips students with the analytical tools to understand and evaluate economic phenomena in both microeconomics and macroeconomics contexts.
- Teacher: Sylvie NIBEZA
- Teacher: Emmanuel Niyonsaba