Course Outline : Microeconomics
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African Economic Research consortium
This course provides a theoretical foundation in Economics and its application for almost all other courses in the programme. Specifically, the course is intended to enable students to: • Acquire adequate knowledge of producer and consumer behaviour • Understand analytical tools and skills needed for conceptualizing and modelling real-world microeconomic problems; and • Apply microeconomic principles to solve agricultural, food, rural development, and welfare problems.