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MICROECONOMICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BAY213 MICROECONOMICS 3 3 3 6

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Explain the factors affecting consumer and firm behavior
Demonstrate the functional relations of microeconomic variables by using a graph
Demonstrate changes in functions as in supply, demand and cost
Illustrate cause-and-effect relationships between economic variables
Relate acquired knowledge with macro economics