Call us +265 111 755 333

Module/Course Description

Course Title: Microeconomics

Course Code: UU-ECO-1000-MW

Programme: Bachelor of Arts (BA) in Economics and Business

Credits: 24.00

Course Description:

Module Description

Microeconomics is the study of parts of the economy like individuals, firms and industries. Students will examine problems that arise within these sectors of economy and how these problems can be solved.

Module Aims

This module aims at equipping students with the concept of demand and supply, decision making process regarding the optimal level of output and helping them with an economic way of thinking.

Module Learning Outcomes

After completion of the module students are expected to:

  1. Apply graphical analysis on economic issues.
  2. Explain how equilibrium price is determined in a free market through the interaction of supply and demand.
  3. Apply concepts of demand and supply analysis relevant to the business environment.
  4. Analyze market examples and applications to simulate realistic business experience.
  5. Discuss the dynamics of income distribution and resource allocation.
  6. Explain the importance of the regulatory role of the government.

Prerequisites: UU-BA-IND100, UU-FNT-103

Prerequisites Categories: -

Typical Module duration: 7.0 Week(s)


This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, assist with our promotional and marketing efforts, and provide content from third parties Cookie Policy