INTRODUCTORY ECONOMICS

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Course Code: 
FOM 1101
Course Credit Units: 
3
Semester: 
Semester 1
Year of Study: 
Year 1
Undergraduate or Graduate Level: 
Undergraduate Level
Department: 
Course Discipline: 
Course Description & Objectives: 

The course unit will introduce students to the basic concepts of economics and tools of micro- and macro-economic analysis. The course will also analyse consumer and investor decision-making and how they are affected by internal and exogenous factors. The approach will emphasise the interface between the economic processes with other factors, for instance, from the socio-political domains.

Learning Outcomes: 
  • The students should be able to apply the economic principles in forest production decision making
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