Course Description & Objectives:
It describes:
- Definition of economics and basic economic concepts like scarcity and choice; economic growth and development; market structure, conduct and performance; the circular flow of income; national income measurements and determinants; demand and supply; concept of elasticity
- The structure of the Ugandan economy
- National income, money and banking, exchange rate determinants, devaluation and exchange policies and inflation and unemployment.
DES 1106.doc