Microeconomics for Surveyors

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Course Schedule

2 PM: 
3 PM
3 PM: 
4 PM
Course Code: 
ECO 1107
Course Credit Units: 
Semester 1
Year of Study: 
Year 1
Undergraduate or Graduate Level: 
Undergraduate Level
Course Discipline: 
Course Description & Objectives: 

The course introduces basic concepts and principles of microeconomics including the nature of economics and economic systems, methods of allocating economic sources, theories of production and consumer choice; the role of markets and prices in a decentralized system; the theory of distribution and pricing of the factors of production. Demand and supply/elasticity.Income and cross elasticities of demand. Household behavior and the demand curve; Individuals and market demand. Marginal utility and the difference theories.Consumption possibilities. Firm’s choices and the supply curve, etc. Markets and Government, etc. 

Microeconomics for Surveyors
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