Monday, April 22, 2019

COURSE OUTLINE ON BFN 122/ BAM 124- PRINCIPLES OF ECONOMICS 2 (FULL TIME AND PART TIME)



Course: Principles of Economics II

PROGRAMME: NATIONAL DIPLOMA IN ACCOUNTANCY
Course: PRINCIPLES OF ECONOMICS II
Code: BFN 122
Credit Hours:
45 hours
Semester: 2
Pre-requisite: BFN 112
Theoretical: Practical:
2 hours/week - 67%
1 hours/week - 33 %
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

7.0 Understand income determination

8.0 Understand international trade and the theory of comparative advantage

9.0 Understand balance of payment

.
10.0 Understand problems of economic growth and development

LECTURER-IN-CHARGE: PATRIOT ODUNARO B.J. (08038454008)
                                 IT IS WELL WITH OUR SOUL!







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