Introduction to Economics

Topics: Meaning and definition of Economics, Branches of Economics, Economics statements, Everyday economics versus careers in Economics, Tools of Economic analysis, some definitions of concept under various economic tools, Basic economic concepts, Economic systems, Types of Economic systems. Duration: 3 Days/3 Hours. Course Fee: GHS150


Market and Demand

Topics: Demand for goods and services, the role of buyers and sellers in a market, the concept of demand, the law of demand, the demand schedule, demand curve, demand function, types of demand, factors of demand. Duration: 3 Days/3 Hours. Course Fee: GHS150


Utility

Topics: Consumer behaviour, the concept of utility, the law of marginal utility. Duration: 2 Days/2 Hours. Course Fee: GHS100


Production

Topics: Production of goods and services, the factors of production, the rewards of the factors of production, relating production to productivity, factors that determine productivity, location and localisation of industries, advantages of localisation of industries, challenges of localisation of industries, division of labour and specialisation in production, advantages and disadvantages of labour and specialism. Duration: 4 Days/4 Hours. Course Fee: GHS200


Supply

Topics: Supply of goods and services, the meaning of supply, types of supply, the law of supply, the supply schedule, supply curve, supply function, how producers respond to changes in prices and demand by adjusting their supply levels. Duration: 3 Days/3 Hours. Course Fee: GHS150


Market

Topics: Market analysis, the meaning of market, forms of market, types of market. Duration: Duration: 2days/2 Hours


Price

Topics: Price and equilibrium analysis, meaning of price, factors that affect pricing in the economy. Duration: 2 Days/2 Hours. Course Fee: GHS100


Economic systems and Macroeconomic variables

Topics: Macroeconomic Variables (GDP, Inflation, Unemployment, Exchange Rate), the economic system, types of economic system, the fundamental macroeconomic variables. Duration: 3 Days/3 Hours. Course Fee: GHS150

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ECONOMICS FOR SHS 1 STUDENTS


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