L3 Economics (L3ECO)
L3ECO Subject Description Recommended Prior Learning7 Credits in L2 ECO or 7 Credits in Maths and 7 Credits in Eng or HOD approval
Level 3 Economics explores both micro and macro-economic concepts. Students will - discover how consumers maximize their utility to gain the most satisfaction from spending using Marginal Utility concept, - Understand how the market fails. - Explore the economic role of government and its intervention in economic decision-making. - Develop the skills and knowledge to make judgements about effective government policies and the impacts on others. The course is designed to prepare students for a Commerce degree.
Pre-requisites: 7 credits in L2ECO or 7 credits in L2 Maths and L2 English or 7 credits in L2 Maths and L2 Social Science, or with HOD approval
Approximate Credits: 19
Materials Fee: Nil
Learning Areas: