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Course / Course Details

LOWERSIXTH ECONOMICS

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    By - editor

  • 3 students
  • 166 Hours 40 Min
  • (0)

Course Requirements

1. Attendance: Regular attendance is expected, as active participation in class discussions and activities is crucial for a comprehensive understanding of the subject matter. 2. Assignments: Completion of assigned readings, problem sets, case studies, and research papers is essential to reinforce the concepts learned in class. 3. Examinations: Students will be assessed through periodic examinations to evaluate their understanding of the course material and their ability to apply economic theories. 4. Research Project: Each student will be required to undertake an independent research project on a specific economic topic, demonstrating their ability to gather and analyze data, and present their findings in a well-structured report. 5. Class Participation: Active participation in class discussions, debates, and group activities is encouraged to enhance understanding and critical thinking skills. 6. Recommended Resources: Students are expected to utilize textbooks, academic journals, reputable online sources, and other relevant materials to supplement their learning and broaden their knowledge base.

Course Description

LOWER-SIXTH ECONOMICS course is designed to provide students with a comprehensive understanding of fundamental economic principles and their real-world applications. Through rigorous analysis and critical thinking, students will delve into key economic concepts, including supply and demand, market structures, inflation, unemployment, fiscal and monetary policies, international trade, and economic growth. This course aims to equip students with the necessary knowledge and skills to comprehend and analyze economic phenomena, enabling them to make informed decisions and contribute meaningfully to the global economy. With a focus on developing a strong foundation in economic theory and practical problem-solving, students will engage in interactive discussions, case studies, and data analysis to deepen their understanding of economic principles.

Course Outcomes

 1. Introduction to Economics - Defining economics and its significance - Basic economic concepts and principles - Understanding the economic problem of scarcity - Different economic systems and their features 2. Microeconomics - Demand and supply analysis - Elasticity of demand and supply - Consumer behavior and utility theory - Production and cost theory - Market structures: perfect competition, monopoly, oligopoly, and monopolistic competition - Factor markets: labor, capital, and land 3. Macroeconomics - National income accounting and measurement - Aggregate demand and aggregate supply - The role of government in the economy - Fiscal and monetary policies - Inflation and unemployment - Economic growth and development 4. International Economics - International trade and comparative advantage - Balance of payments and exchange rates - Globalization and its impact on economies - Trade policies and protectionism - International financial institutions 5. Economic Policy Evaluation - Tools and techniques for economic analysis - Evaluating the effectiveness of economic policies - Cost-benefit analysis - Ethical considerations in economic decision-making 6. Current Economic Issues - Global economic challenges and trends - Environmental sustainability and economics - Income inequality and poverty - Technological advancements and their economic implications - Emerging economies and their role in the global economy Assessment Methods: - Class participation and engagement - Written assignments and essays - Quizzes and examinations - Group projects and presentations - Case studies and economic simulations Note: This course outline is subject to modification based on the instructor's discretion and the specific requirements of the educational institution.

Course Curriculum

  • 14 chapters
  • 344 lectures
  • 173 quizzes
  • 166 Hours 40 Min total length
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1 The Definition & Tools
5 Min

2 Definition & Tools [Quiz]
N/A

3 Tools & Importance of Micro and Macroeconomics
5 Min

4 Importance of Micro and Macro Economics [Quiz]
N/A

5 Definition of Production Possibility Curve(PPC )
5 Min

6 Definition of Production Possibility Curve [Quiz]
N/A

7 Assumptions & Construction of Production Possibilty Curve
5 Min

Curve

8 Assumptions and Construction of Production Possibility Curve [Quiz]
N/A

9 Changes in the Slopes and Importance
5 Min

10 Changes in the slopes and importance [Quiz]
N/A

11 Methodology of Economics
5 Min

12 Methodology of Economics [Quiz]
N/A

13 Positive and Normative Economics
5 Min

14 Positive and Normative Economics [Quiz]
N/A

15 Economics Methods and Techniques
5 Min

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23 Economics Methods and Techniques [Quiz]
N/A

1 The Meaning of Economic System
5 Min

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3 The Meaning of Economic System [Quiz]
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4 Functions and Types of Economic Systems
5 Min

N/A

6 Functions and Types of Economic Systems [Quiz]
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7 The Traditional Economic System
5 Min

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9 The Traditional Economic System [Quiz]
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10 Features & Solving the Economic Problem
5 Min

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12 Features and Solving the Economic Problems [Quiz]
N/A

13 Advantages and Disadvantages of Traditional Economic System
5 Min

N/A

15 Advantages and Disadvantages of Traditional Economic Systems [Quiz]
N/A

16 Market Economic System
5 Min

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18 Market Economic System [Quiz]
N/A

19 Planned Economic System
5 Min

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21 Planned Economic System [Quiz]
N/A

22 Advantages and Disadvantages of Market Economic Systems
5 Min

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24 Advantages and Disadvantages of Market Economic System [Quiz]
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25 Mixed Economic System
5 Min

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27 Mixed Economic System [Quiz]
N/A

28 Role of the Government in a Mixed Economy
5 Min

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30 Role of the Government in a Mixed Economic System [Quiz]
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31 Advantages and Disadvantages of Mixed Economy
5 Min

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36 Advantages and Disadvantages of a Mixed Economic System [Quiz]
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1 Production
5 Min

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3 Production [Quiz]
N/A

4 Types of Production
5 Min

N/A

6 Types of Production [Quiz]
N/A

7 Stages of Production
5 Min

N/A

9 Stages of Production [Quiz]
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10 Types of Output
5 Min

N/A

12 Types of Output [Quiz]
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13 Consumer Goods
5 Min

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15 Consumer goods [Quiz]
N/A

16 Producer Goods
5 Min

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18 Producer goods [Quiz]
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19 Social Goods
5 Min

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21 Social goods [Quiz]
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1 Meaning of Factors of Production
5 Min

2 Meaning of Factors of Production [Quiz]
N/A

3 Specific and non-Specific Factors of Production
5 Min

4 Specific and Non-Specific Factors of Production [Quiz]
N/A

5 Classification of Factors of Production
5 Min

6 Classification of Factors of Production [Quiz]
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7 Land as a Factor of Production
5 Min

8 Land as a factor of Production [Quiz]
N/A

9 Labour as a Factor of Production
5 Min

10 Labour as a Factor of Production [Quiz]
N/A

11 Meaning and Characteristics of Labour
5 Min

12 Meaning and Characteristics of Labour [Quiz]
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13 The Supply of Labour
5 Min

14 The Supply of Labour [Quiz]
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15 Efficiency of Labour
5 Min

16 Efficiency of Labour [Quiz]
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17 Mobility of Labour
5 Min

18 Mobility of Labour [Quiz]
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19 Types of Labour
5 Min

20 Types of Labour [Quiz]
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21 Occupational Mobility of Labour
5 Min

22 Occupational Mobility of Labour [Quiz]
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23 Geographical Mobility of Labour
5 Min

24 Geographical Mobility of Labour [Quiz]
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25 Division of Labour
5 Min

26 Division of Labour [Quiz]
N/A

27 Advantages and Disadvantages of Division of Labour
5 Min

28 Advantages and Disadvantages of Division of Labour [Quiz]
N/A

29 Limitations of Division of Labour
5 Min

30 Limitations of Division of Labour [Quiz]
N/A

31 Capital as a Factor of Production
5 Min

32 Characteristics & Types
5 Min

33 Capital Formation and Consumption
5 Min

34 Mobility of Capital
5 Min

35 Capital Widening and Capital Deepening
5 Min

36 Entrepreneur
5 Min

37 Difference between Entrepreneur and Labour
5 Min

38 Specific and non-specific Factors of Production
5 Min

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1 Laws of Returns
5 Min

N/A

3 The Law of Diminishing Returns
5 Min

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5 Returns to a Variable Factor
5 Min

N/A

7 Returns to Scale
5 Min

N/A

9 Economies and Diseconomies of Scale
5 Min

N/A

11 Internal and External Economies of Scale
5 Min

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13 Internal and External Diseconomies of Scale
5 Min

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15 The Sole Proprietor
5 Min

N/A

17 Sources of Capital
5 Min

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19 Advantages and Disadvantages of Sources of Capital
5 Min

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21 The Partnership
5 Min

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23 Characteristics of The Partnership
5 Min

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25 Types of Partnerships
5 Min

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27 Formation of Patnerships
5 Min

N/A

29 Sources of Capital
5 Min

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31 Advantages and Disadvantages of Partnership
5 Min

N/A

33 The Joint-Stock Companies
5 Min

N/A

35 Features & Types
5 Min

N/A

37 Formation of Joint-Stock Companies
5 Min

N/A

39 Sources of Capital
5 Min

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41 Advantages and Disadvantages of Joint-Stock Companies
5 Min

N/A

1 Nationalised Industries
5 Min

N/A

3 Formation & Sources of Capital
5 Min

N/A

5 Advantages and Disadvantages of Nationalised Industries
5 Min

N/A

7 Cooperative Societies
5 Min

N/A

9 Types & Formation
5 Min

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11 Advantages and Disadvantages of Cooperative Societies
5 Min

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13 Public Private Partnership(PPP)
5 Min

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15 Functioning of Public Private Partnership(PPP)
5 Min

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17 Multinational Companies
5 Min

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19 Advantages and Disadvantages of Multinational Companies to Host and Home Countries
5 Min

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21 Sources of Finance to Businesses
5 Min

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23 Internal Sources
5 Min

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25 Advantages and Disadvantages of Sources of Finance to Businesses
5 Min

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1 External Sources
5 Min

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3 Advantages and Disadvantages of External Sources
5 Min

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5 The Stock Exchange (Bourse)
5 Min

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7 Functioning of The Stock Exchange (Bourse)
5 Min

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9 Causes of Changes in Security Prices
5 Min

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11 Problems Stock
5 Min

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13 Advantages and Disadvantages of Problem Stock
5 Min

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1 The Growth of Firms
5 Min

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3 Methods and Reasons for Growth
5 Min

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1 The Meaning of Price
5 Min

2 The Paradox of Value
5 Min

3 The Utility Theory
5 Min

4 Calculation of Total Utility
5 Min

5 Marginal Utility
5 Min

6 The Law of Diminishing Marginal Utility
5 Min

7 Illustrations of Utility Concepts
5 Min

8 Consumer Equilibrium
5 Min

9 Equilibrium Conditions
5 Min

10 Weaknesses of the Utility Concept
5 Min

11 The Indifference Curve Theory
5 Min

12 Characteristics & Assumptions of the Indifference Curve
5 Min

13 Indifference Map and Illustration
5 Min

14 The Budget Line
5 Min

15 Consumer Equilibrium At Constant Prices and Income
5 Min

16 Definition and Derivation for Normal/Inferior goods and basic necessities
5 Min

17 Price Consumption Line
5 Min

18 Income Consumption Line
5 Min

19 Limitations of the Law of Diminishing Marginal Utility
5 Min

20 Derivation of Demand Curve using the Price Consumption Curve
5 Min

1 Meaning of Demand
5 Min

2 Individual and market demand schedules
5 Min

3 The Law of Demand
5 Min

4 Plotting of Demand Curve
5 Min

5 Shape of a Normal Demand curve and Reasons for the Shape
5 Min

6 Exceptional Demand Curve various Cases and Illustrations
5 Min

7 The Determinants and Movements in Demand
5 Min

8 Determinants of Demand
5 Min

9 Movements in Demand
5 Min

10 Change in Quantity Demanded
5 Min

11 Change in Demand
5 Min

12 Types of Demand
5 Min

13 Joint Demand
5 Min

14 Competitive Demand
5 Min

1 Meaning of Supply
5 Min

2 Individual and Market Supply Schedules
5 Min

3 The Law of Supply
5 Min

4 The Supply Curve
5 Min

5 Plotting of Supply Curve
5 Min

6 Shape of a Normal Supply Curve
5 Min

7 Reasons for the Shape of a Normal Supply Curve
5 Min

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9 Backward Sloping Supply Curve
5 Min

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11 The Determinants and Movements in Supply
5 Min

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13 Factors Affecting Supply
5 Min

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15 Movements in Supply
5 Min

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17 Change in Quantity Supplied
5 Min

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19 Change in Demand
5 Min

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21 Types of Supply
5 Min

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23 Joint Supply
5 Min

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25 Competitive Supply
5 Min

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27 Composite Supply
5 Min

1 The Market Price
5 Min

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3 Interaction of Demand and Supply
5 Min

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5 Equilibrium Price and Quantity
5 Min

N/A

7 The Effects of Changes in Demand and Supply on the Equilibrium Price
5 Min

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9 Determination of Consumer and Producer Surpluses
5 Min

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11 Consumer Surplus
5 Min

N/A

13 Producer Surplus
5 Min

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15 Community Surplus
5 Min

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1 Definition of Market Failure
5 Min

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3 Causes and Remedies of Market Failure
5 Min

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1 Elasticity of Supply
5 Min

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3 Formula and Calculation of Elasticity of Supply
5 Min

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5 Graphical Illustration of Elasticity of Supply
5 Min

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7 Effects of Indirect Taxes on Market Price
5 Min

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9 Elasticity and Tax Burden
5 Min

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11 Effects of Subsidies on Market Price
5 Min

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13 Elasticity and Subsidy
5 Min

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15 Price Fluctuations in Agricultural Industry
5 Min

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17 Reasons for Fluctuations
5 Min

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19 Cobweb Theory
5 Min

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21 Graphical Illustrations and Weaknesses
5 Min

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23 Reasons for Government Intervention
5 Min

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25 Stabilisation Policies
5 Min

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27 Buffer Stocks Scheme for Price and Income
5 Min

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29 Illustrations of Buffer Stocks Scheme for Price
5 Min

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31 Advantages and Problems of Buffer Stocks
5 Min

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33 Stabilisation Fund
5 Min

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35 Advantages and Disadvantages of Stabilisation Funds
5 Min

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FCFA3,500.00

  • Duration 166 Hours 40 Min

  • Lectures 344 lessons

  • Enrolled 3 students

  • Category: Lowersixth Arts

  • 173 Quizzes

  • Language: English

  • Skill Level HIGH SCHOOL

  • Certificate of Completion

  • Full lifetime access

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