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Course / Course Details

FORM 5 ECONOMICS

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  • 16 students
  • 2 Hours
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Course Requirements

Form 5 Economics is a comprehensive course designed to provide students with a solid understanding of economic principles and concepts. This course aims to develop students' analytical and critical thinking skills, enabling them to apply economic theories to real-world situations. Through the study of various economic topics, students will gain insights into the functioning of different economic systems, the role of government in managing the economy, and the impact of global economic trends

Course Description

Form 5 Economics course is designed to provide students with a comprehensive understanding of economic principles and concepts. This course covers various topics, including supply and demand, market structures, economic systems, inflation, unemployment, fiscal policy, and international trade. Through a combination of theoretical knowledge and practical applications, students will develop critical thinking skills and analytical abilities to analyze economic issues and make informed decisions. The course aims to equip students with a strong foundation in economics, preparing them for further studies or careers in the field. With a professional tone, this course ensures a rigorous and engaging learning experience for students.

Course Outcomes

1. Introduction to Economics 2. Microeconomics: Demand and Supply 3. Macroeconomics: National Income and Aggregate Demand 4. Economic Systems: Market Economy, Planned Economy, Mixed Economy 5. Government Intervention in the Economy: Fiscal and Monetary Policy 6. International Trade and Globalization 7. Economic Development and Sustainable Growth 8. Economic Challenges: Inflation, Unemployment, and Income Inequality 9. Ethics in Economics Assessment Methods: 1. Written examinations 2. Class participation and discussions 3. Assignments and projects 4. Case studies and simulations 5. Research papers Prerequisites: None Course Duration: One academic year Note: This course outline is subject to modification as per the discretion of the instructor or educational institution. Tone of Voice: Professional

Course Curriculum

  • 30 chapters
  • 148 lectures
  • 8 quizzes
  • 2 Hours total length
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1 The Historical Evolution of Money
5 Min

The Historical Evolution of Money


2 Definition of money
5 Min


3 The barter systems of trade and its drawbacks
5 Min


4 The development of money
5 Min


N/A


1 Qualities of money
5 Min


2 Forms of Money-Coins, Paper Money, Fiduciary Issue, etc.
5 Min


3 The functions of money
5 Min


1 The Demand for Money - Definition and Reasons why People Hold Cash Balances
5 Min


2 The Supply of Money Definition and Forms of Money Supply(Mo,M1,M2)
5 Min


1 Meaning of Inflation
5 Min


2 Types of Inflation(Hyper, Creeping, Suppressed, Stagflation)
5 Min


3 Causes of Inflation
5 Min


4 Effects of Inflation
5 Min


5 How to Control Inflation
5 Min


1 Meaning of Deflation
5 Min


2 Causes of Deflation
5 Min


3 Effects of Deflation
5 Min


4 Control of Deflation
5 Min


5 Standard and Cost of Living
5 Min


1 Meaning of Banking and a Bank
5 Min


2 Characteristics and Functions of Different Types of Banks-Merchant Banks, Development Banks etc.
5 Min


1 Definition of Commercial Banks, with Local Examples
5 Min


2 Characteristics of Commercial Banks
5 Min


3 Functions of Commercial Banks
5 Min


4 Functions of Commercial Banks
5 Min


1 Definition, Components and Illustration of the Balance Sheet of a Commercial Bank.
5 Min


2 The Conflicting Objectives of Liquidity, Security and Profitability.
5 Min


3 How the Conflicting Objectives of Commercial Banks are Solved.
5 Min


1 Definition, Characteristics of the Central Bank
5 Min


2 Functions of the Central Bank
5 Min


3 Instruments of Monetary Policy
5 Min


4 Reasons for the Control of the Supply of Money by the Central Bank
5 Min


1 Definition of Public Finance
5 Min


2 Sources of Government Revenue
5 Min


3 Components of Government Expenditure
5 Min


4 Objectives of the Government Expenditure
5 Min


1 Definition of Budget
5 Min


2 Types of Budget
5 Min


3 Reasons for Adopting the Budget Deficit
5 Min


4 Reasons for Adopting a Budget Surplus
5 Min


5 Reasons for Adopting a Balanced Budget
5 Min


1 Definition of a Tax, Tax Base and Tax Rate.
5 Min


2 Reasons for Taxation
5 Min


3 Qualities(Cannons) of a Good Tax.
5 Min


1 Definition of Direct Taxes
5 Min


2 Reasons why Government Imposes Direct Taxes
5 Min


3 Advantages of Direct Taxes
5 Min


4 Disadvantages of Direct of Taxes
5 Min


5 Definition of Indirect Taxes
5 Min


6 Reasons why Government Imposes Indirect Taxes
5 Min


7 Disadvantages of Indirect Taxes
5 Min


8 Advantages of Indirect Taxes
5 Min


1 Positive Effects of Taxation
5 Min


2 Negative Effects of Taxation
5 Min


3 Impact and Incidence of a Tax
5 Min


1 Definition of National/Public Debt
5 Min


2 Components of National Debt
5 Min


3 Reasons why Government Borrows
5 Min


4 The Burden of National Debt
5 Min


1 Meaning of International Trade
5 Min


2 Differences Between Internal and External Trade.
5 Min


3 Types-Bilateral and Multilateral trade
5 Min


4 Reasons for International Trade
5 Min


1 Forms of Restriction on International Trade
5 Min


2 Arguments for Restrictions on Trade
5 Min


3 Arguments against Trade Restriction
5 Min


1 Definition of Balance of Payments
5 Min


2 Components(Current Account, Capital Account and Official Financing)
5 Min


3 Balance for Official Financing and its Interpretation.
5 Min


1 Meaning of Balance of Payments Deficit
5 Min


2 Causes of Balance of Payments
5 Min


3 Effects of Balance of Payments
5 Min


4 Measures to Correct BOP Deficit
5 Min


5 Meaning of Balance of Payment Surplus
5 Min


6 Causes of Balance of Payment Surplus
5 Min


7 Effects of Balance of Payment Surplus
5 Min


8 Measures to Correct BOP Surplus
5 Min


1 Meaning of Exchange Rate
5 Min


2 Meaning of Fixed Exchange Rate
5 Min


3 Meaning of Floating Exchange Rate
5 Min


4 Advantages of Fixed Exchange Rate
5 Min


5 Disadvantages of Fixed Exchange Rate
5 Min


6 Advantages of Floating Exchange Rate
5 Min


7 Disadvantages of Floating Exchange Rate
5 Min


8 Meaning of Managed Exchange Rate
5 Min


9 Advantages of Managed Exchange Rate
5 Min


10 Disadvantages of Managed Exchange Rate
5 Min


1 Meaning of Devaluation of a Currency
5 Min


2 Reasons for Devaluation of a Currency
5 Min


3 Effects of Devaluation of a Currency
5 Min


4 Meaning Revaluation of a Currency
5 Min


5 Reasons for Revaluation of a Currency
5 Min


6 Effects of Revaluation of a Currency
5 Min


1 Meaning and Members of CEMAC
5 Min


2 Functions of CEMAC
5 Min


3 Meaning and Members of ECCAS
5 Min


4 Functions of ECCAS
5 Min


5 Meaning of Members of ECOWAS
5 Min


6 Functions of ECOWAS
5 Min


7 Meaning and Members of IMF
5 Min


8 Functions of IMF
50 Min


9 Meaning and Members of World Bank
5 Min


10 Functions of World Bank
5 Min


11 Meaning and Members of Franc Zone
5 Min


12 Functions of Franc Zone
5 Min


13 Meaning and Members of WTO
5 Min


14 Functions of WTO
5 Min


15 Meaning and Members of WTO [Quiz]
N/A


16 Functions of WTO [Quiz]
N/A


1 Meaning of National Income
5 Min


2 Components of National Income(GDP, GNP and NNP)
5 Min


3 Measurement of National Income-Output, Income and Expenditure Approaches
5 Min


4 Factors Determining National Income
5 Min


5 A Simplified Form of the Economic Circuit
5 Min


1 Definition of Consumption, Saving and Investment
5 Min


2 A Simplified form of the Economic Circuit
5 Min


1 Meaning of Economic Development
5 Min


2 Criteria for Classification of Economies into Developed and Developing
5 Min


3 Characteristics of Developing Economies
5 Min


4 Characteristics of Developed Economies
5 Min


1 Meaning of Agriculture in Cameroon
5 Min


2 Structure of Agriculture in Cameroon(Subsistence, Plantation and Small Holders' Schemes)
5 Min


3 Importance of Agriculture to the Economy of Cameroon
5 Min


4 Problems of Agriculture in Cameroon and Possible Solutions
5 Min


5 Government intervention in Agriculture in Cameroon
5 Min


1 Reasons for State Intervention
5 Min


2 Ways of State Intervention (Direct and Indirect)
5 Min


3 Forms of Direct Intervention
5 Min


4 Forms of Indirect Intervention
5 Min


1 Meaning of Trade Cycle
5 Min


2 Illustration and Characteristics
5 Min


1 Meaning of Full Employment
5 Min


2 Meaning of Unemployment
5 Min


3 Types of Unemployment
5 Min


4 Causes of Unemployment
5 Min


5 Remedies of Unemployment
5 Min


1 Meaning of Economic Growth
5 Min


2 Factors Affecting Economic Growth
5 Min


3 Advantages of Economic Growth
5 Min


4 Disadvantages of Economic Growth
5 Min


5 Distinction between Economic growth and Economic development
5 Min


6 Economic Planning in Cameroon
5 Min


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