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Course / Course Details

Uppersixth Arts Economics

  • Daisey Laurine image

    By - Daisey Laurine

  • 4 students
  • 166 Hours 40 Min
  • (0)

Course Requirements

1. Attendance: Regular attendance is expected, as active participation in class discussions and activities is crucial for a comprehensive understanding of the subject matter. 2. Assignments: Completion of assigned readings, problem sets, case studies, and research papers is essential to reinforce the concepts learned in class. 3. Examinations: Students will be assessed through periodic examinations to evaluate their understanding of the course material and their ability to apply economic theories. 4. Research Project: Each student will be required to undertake an independent research project on a specific economic topic, demonstrating their ability to gather and analyze data, and present their findings in a well-structured report. 5. Class Participation: Active participation in class discussions, debates, and group activities is encouraged to enhance understanding and critical thinking skills. 6. Recommended Resources: Students are expected to utilize textbooks, academic journals, reputable online sources, and other relevant materials to supplement their learning and broaden their knowledge base.

Course Description

UPPER-SIXTH ECONOMICS course is designed to provide students with a comprehensive understanding of fundamental economic principles and their real-world applications. Through rigorous analysis and critical thinking, students will delve into key economic concepts, including supply and demand, market structures, inflation, unemployment, fiscal and monetary policies, international trade, and economic growth. This course aims to equip students with the necessary knowledge and skills to comprehend and analyze economic phenomena, enabling them to make informed decisions and contribute meaningfully to the global economy. With a focus on developing a strong foundation in economic theory and practical problem-solving, students will engage in interactive discussions, case studies, and data analysis to deepen their understanding of economic principles.

Course Outcomes

 1. Introduction to Economics - Defining economics and its significance - Basic economic concepts and principles - Understanding the economic problem of scarcity - Different economic systems and their features 2. Microeconomics - Demand and supply analysis - Elasticity of demand and supply - Consumer behavior and utility theory - Production and cost theory - Market structures: perfect competition, monopoly, oligopoly, and monopolistic competition - Factor markets: labor, capital, and land 3. Macroeconomics - National income accounting and measurement - Aggregate demand and aggregate supply - The role of government in the economy - Fiscal and monetary policies - Inflation and unemployment - Economic growth and development 4. International Economics - International trade and comparative advantage - Balance of payments and exchange rates - Globalization and its impact on economies - Trade policies and protectionism - International financial institutions 5. Economic Policy Evaluation - Tools and techniques for economic analysis - Evaluating the effectiveness of economic policies - Cost-benefit analysis - Ethical considerations in economic decision-making 6. Current Economic Issues - Global economic challenges and trends - Environmental sustainability and economics - Income inequality and poverty - Technological advancements and their economic implications - Emerging economies and their role in the global economy Assessment Methods: - Class participation and engagement - Written assignments and essays - Quizzes and examinations - Group projects and presentations - Case studies and economic simulations Note: This course outline is subject to modification based on the instructor's discretion and the specific requirements of the educational institution.

Course Curriculum

  • 8 chapters
  • 131 lectures
  • 21 quizzes
  • 166 Hours 40 Min total length
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1 DIFFERENCES BETWEEN MICRO AND MACRO ECONS
4 Min


2 DIFFERENCES BETWEEN MICRO AND MACRO ECONS [Quiz]
N/A


3 THE IMPORTANCE OF STUDYING ECONOMICS
6 Min


4 THE IMPORTANCE OF STUDYING ECONOMICS [Quiz]
N/A


5 Using the PPC to explain opportunity cost
8 Min


6 Using the PPC to explain opportunity cost [Quiz]
N/A


7 Difference between positive Economics & Normative Economics
4 Min


8 Difference between positive Economics & Normative Economics [Quiz]
N/A


9 THE CONCEPTS OF SCALE OF PREFERENCE AND OPPORTUNITY COST
4 Min


10 THE CONCEPTS OF SCALE OF PREFERENCE AND OPPORTUNITY COST [Quiz]
N/A


11 Economics as a Social Science
5 Min


12 Economics as a Social Science [Quiz]
N/A


13 Meaning of Economics
4 Min


14 Meaning of Economics [Quiz]
N/A


15 Reasons why Economist Disagree
7 Min


16 Reasons why Economist Disagree [Quiz]
N/A


17 Uses of the Production Posibility Curve
4 Min


18 Uses of the Production Posibility Curve [Quiz]
N/A


19 THE CONCEPT OF SCARCITY AND CHOICE
5 Min


20 THE CONCEPT OF SCARCITY AND CHOICE [Quiz]
N/A


21 Meaning of growth path
6 Min


22 Meaning of growth path [Quiz]
N/A


23 The Production Possibility Table or PPC Table
5 Min


24 The Production Possibility Table or PPC Table [Quiz]
N/A


25 Types of PPC
5 Min


26 Types of PPC [Quiz]
N/A


27 How are Theories formed in Economics
5 Min


28 How are Theories formed in Economics [Quiz]
N/A


29 Meaning of production possibility curve
4 Min


30 Meaning of production possibility curve [Quiz]
N/A


31 Characteristics of rent
3 Min


32 Characteristics of rent [Quiz]
N/A


33 Types of Rent
5 Min


34 Types of Rent [Quiz]
N/A


35 Role of Price Mechanism
5 Min


36 Role of Price Mechanism [Quiz]
N/A


37 Limitation of the Price Mechanism
5 Min


38 Limitation of the Price Mechanism [Quiz]
N/A


39 The meaning of Merit Goods
6 Min


40 The meaning of Merit Goods [Quiz]
N/A


41 Rewards of factors of production
4 Min


42 Rewards of factors of production [Quiz]
N/A


1 National Income
5 Min

National Income


2 National Income.
5 Min


3 Problems of Measuring National Income and Solutions.
5 Min


4 Importance (Uses) of National Income Statistics
6 Min

Importance (Uses) of National Income Statistics


5 Importance (Uses) of National Income Statistics.
5 Min


6 Identification of Macroeconomic Variables.
5 Min


7 Circular Flow of Income
6 Min

Circular Flow of Income


8 Circular Flow of Income
5 Min


9 Consumption
7 Min

Consumption


10 Consumption
5 Min


11 Saving
5 Min

Saving


12 Savings
5 Min


13 Investment
7 Min

Investment


14 Investment
5 Min


15 Determination of Equilibrium Level of Income
5 Min

Determination of Equilibrium Level of Income


16 Determination of Equilibrium Level of Income..
5 Min


17 The Multiplier
5 Min

The Multiplier


18 The Multiplier
5 Min


19 Accelerator
6 Min

Accelerator


20 Accelerator
5 Min


1 Money
8 Min

Money


2 Money.
5 Min


3 The Demand and Supply of Money
6 Min

The Demand and Supply of Money


4 The Demand and Supply of Money.
5 Min


5 The Value of Money
5 Min


6 Central Banks
6 Min

Central Banks


7 Commercial Banks
8 Min

Commercial Banks


8 Commercial Banks.
5 Min


9 The Balance Sheet of a Commercial Bank.
5 Min


10 Central Banks.
5 Min


11 Micro Finance Activities
8 Min

Micro Finance Activities


12 Micro Finance Activities
5 Min


13 Meaning of Public Finance
7 Min

Meaning of Public Finance


14 Meaning of Public Finance.
5 Min


1 Taxation
7 Min

Taxation


2 Taxation
5 Min


3 Types of Tax
9 Min

Types of Tax


4 Types of Tax
5 Min


5 Economic Consequences of Taxation
7 Min

Economic Consequences of Taxation


6 Economic Consequences of Taxation
5 Min


7 The Budget
7 Min

The Budget


8 The Budget
5 Min


9 Programmed Budget (Program Budgeting)
6 Min

Programmed Budget (Program Budgeting)


10 Programmed Budget (Program Budgeting)
5 Min


11 The Public (or National) Debt
7 Min

The Public (or National) Debt


12 The Public (or National) Debt
5 Min


1 Meaning of International Trade (Theories of International Trade)
7 Min

Meaning of International Trade (Theories of International Trade)


2 International Trade Restrictions
6 Min

International Trade Restrictions


3 Structure of the Balance of Payments
5 Min


1 Terms of Trade (TOT)
2 Min


2 Structure of the Balance of Payments.
5 Min


3 Balance of Payments Surplus
3 Min


4 Major International Economic Institutions
5 Min


5 Regional Economic Groupings and Economic Integration
6 Min

Regional Economic Groupings and Economic Integration


6 Regional Economic Groupings and Economic Integration.
5 Min


7 Regional Economic Groupings and Economic Integration.
5 Min


8 Foreign Exchange Market
8 Min

Foreign Exchange Market


9 Foreign Exchange Market.
5 Min


10 Foreign Exchange Rate
7 Min

Foreign Exchange Rate


11 Foreign Exchange Rate..
5 Min


12 Foreign Exchange Rate
5 Min


13 Exchange Rate Adjustments
7 Min

Exchange Rate Adjustments


1 Economic growth
7 Min

Economic growth


2 Economic growth.
5 Min


3 Economic Development
7 Min

Economic Development


4 Economic Development
5 Min


1 Industrialisation, deindustrialisation and reindustrialisation
6 Min

Industrialisation, deindustrialisation and reindustrialisation


2 Industrialisation, deindustrialisation and reindustrialisation.
5 Min


3 The Trade / Business Cycle
6 Min

The Trade / Business Cycle


4 The Trade or Business Cycle.
5 Min


5 `Government Economic Objectives
7 Min

Government Economic Objectives


6 Government Economic Objectives.
5 Min


7 Unemployment
6 Min

Unemployment


8 Unemployment.
5 Min


9 Unemployment
5 Min


10 Inflation
7 Min

Inflation


11 Inflation.
5 Min


12 Deflation
9 Min

Deflation


13 Deflation.
5 Min


14 Privatisation
6 Min

Privatisation


15 Privatisation.
5 Min


16 Nationalisation
6 Min

Nationalisation


17 Nationalisation
5 Min


18 Regional Policy
6 Min

Regional Policy


19 Regional Policy.
5 Min


20 Growing and Aging Population
6 Min

Growing and Aging Population


21 Growing and Aging Population.
5 Min


22 Optimum Population
8 Min

Optimum Population


23 Optimum Population
5 Min


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