BFN 122 – PRINCIPLES OF ECONOMICS II

Goal:

The course is designed to introduces student to the principle economics and expose them to the functioning of a mixed
economy and other economic systems.

GENERAL OBJECTIVES:
On completion of this course the student should be able to:
1.0 Understand money as a medium of exchange
2.0 Understand the Banking System and financial Institutions
3.0 Know the Central bank and monetary policy
4.0 Understand NATIONAL INCOME
5.0 Understand savings, consumption and investment in determining the size of the GNP
6.0 Understand the determination of simple multiplier
6.0 Understand income determination
7.0 Understand international trade and the theory of comparative advantage
8.0 Understand balance of payment
9.0 Understand problems of economic growth and development.
10.0 Understand problems of economic growth and development