Firms & Industry

Define and explain the difference between a Firm and an Industry.
State the factors that determine the size of a Firm.
List and explain the meaning of different types of business.
Discuss the formation and features of each type of business organization.
Distinguish between private and public limited companies.
Identify the strengths and weaknesses of the different types of business organisation.
State the reasons for the predominance of small firms in Nigeria
List method of raising funds in the capital market.
Define private and public companies.
State the characteristics, distinctions between private and public companies.
Distinguish between quoted and unquoted companies.
State the nature of the second-tier stock market.

Basic Economics Problems of Society

State and explain the basic economic problems of society.
Suggest ways of efficient allocation/use of scarce societal resources.
State examples of different economic systems and how they solve their economic problems.

Production (1)

At the end of this lesson, the students should be able to understand Production

Scale Of Production

At the end of this lesson, the students should be able to understand the Scale Of Production

Types Of Demand

At the end of this lesson, the students should be able to understand the Types Of Demand

Types Of Supply-1

At the end of this lesson, the students should be able to understand the Types Of Supply

Factors Of Production 1

At the end of this lesson, the students should be able to understand the Factors Of Production

Factors Of Production 2

At the end of this lesson, the students should be able to understand the Factors Of Production