This course introduces students to micro and
macroeconomics. The course objective, among other things, includes its
applicability in the broad business spectrum.
The course also focuses on decision making in line with the general
economic conditions. It exposes students to the concepts of utility maximization; demand and supply
analysis and their applications; elasticity
of demand and
supply; theories of
production and cost; market structures; theories of
macroeconomics; national income accounting and determination; effect of
monetary and fiscal policies. The course also introduces students to some
growth theories to better explain why economies grow.
- Facilitator: Joseph Jatuat
The course introduces students to
accounting principles, concepts and conventions. It also focus on basic accrual
accounting methods: the recording of transactions using double-entry principle;
trial balance; adjustments; depreciation and provisions; preparation of final
accounts for sole trading business, partnership and non-profit making bodies;
correction of errors, manufacturing accounts and single and incomplete records.
- Facilitator: Raymond Hodoameda