Theory Of Cost
At the end of the lesson, the student should be able to understand Theory Of Cost
Theory Of Demand & Supply
At the end of this lesson, the students should be able to understand the Theory Of Demand & Supply
Labour Market: Wage Determination
At the end of this lesson, the students should be able to understand Wage Determination
Concept Of Equilibrum
At the end of this lesson, the students should be able to understand the Concept Of Equilibrum
Theory Of Supply
Meanings of demand and supply and market equilibrium.
The factors affecting demand and supply.
Distinguishing between factors causing shift in demand and supply curves, and those causing movements along demand and supply curves.
Drawing of the schedules and curves to explain the changes.
Distinguishing between various types of demand.
The Production Possibility Curve
Define the PPC, show how to plot the curve from possible data.
Concept of Demand and Supply
Meanings of demand and supply and market equilibrium.
The factors affecting demand and supply.
Factors causing shift in demand and supply curves, and those causing movements along demand and supply curves.
Distinguishing between various types of demand.
Tools of Economic Analysis
Show simple economic relationship with tables, (graphs and charts).
Revenue Concepts
Defining revenue.
Distinguishing between the different revenue concepts (total, average, marginal).
Drawing different revenue curves
Explaining the relationship between revenue and production.
Business Organizations
At the end of the lesson, the student should be able to understand Business Organizations
Elementary treatment of fiscal policy
Explain the concept of total, average and marginal utility.
Discuss the principles of utility maximization and diminishing marginal utility.
Explain why the curve is downward sloping
Petroleum And The Nigerian Economy (Ii)
At the end of this lesson, the students should be able to understand Petroleum And The Nigerian Economy
Petroleum And The Nigerian Economy (Iii)
At the end of this lesson, the students should be able to understand Petroleum And The Nigerian Economy
Market Structures
Explain the concept of market and distinguish it from the market place.
Distinguish between perfect and imperfect markets by being able to identify their features.
Draw graphs to illustrate price and quantity determination under :a)perfect competition (b)monopoly(c) oligopoly
Business Finance :Public Enterprises
At the end of this lesson, the students should be able to understand Public Enterprises
Business Finance
Identify and explain the instruments of business finance
Channels of Distribution
Describe the channels of distribution from the producer to the final consumer;
State the functions of a wholesaler and retailer in the channel of distribution;
State and explain the role of cooperative society and government agencies in product distribution.
Identify the problems of distribution and ways of improvement.
Inflation Effects
At the end of this lesson, the students should be able to understand the effects of Effects
Money: meaning, characteristics and Functions
Explain the meaning of money
Compare money economy with a barter economy;
Identify the various types of money and explain the functions of money in a modern economy.
Explain the characteristics of money.
Financial Institution :Financial Markets(Iii)
At the end of this lesson, the students should be able to understand the Financial Markets