PB102 MICROECONOMICS

COURSE : PB102 MICROECONOMICS
INSTRUCTIONAL DURATION : 15 WEEKS
CREDITS(S) : 3
PREREQUISITE(S) : NONE

SYNOPSIS
MICROECONOMICS provides information on concepts, basic principles and related problems. The course emphasizes the demand and supply theory, elasticity and production as well as market equilibrium. This course also provides information on output level determination and market price structure.

COURSE LEARNING OUTCOMES (CLO)
Upon completion of this course, students should be able to:
1. apply effectively the knowledge of basic theories in the world of microeconomics. (C3)
2. accomplish accurately the business problems using the knowledge of microeconomics theory. (P3)
3. discuss clearly the impact of economic changes towards market equilibrium. (A2)