
Economics is a foundational branch of economics that focuses on the behavior of individuals, households, and firms in making decisions regarding the allocation of limited resources. This course explores how economic agents interact in markets, how prices and outputs are determined, and how resources are efficiently utilized in society.
Students will study key microeconomic principles such as demand and supply, elasticity, consumer behavior, production costs, market structures, and the role of government in regulating markets. Emphasis will be placed on real-world applications, enabling learners to analyze current economic issues, business decisions, and policy impacts from a microeconomic perspective.
This course aims to equip learners with analytical and problem-solving skills essential for careers in business, finance, public policy, and related fields. By the end of the course, learners will understand how markets function, how economic agents respond to incentives, and how resources can be allocated efficiently to maximize welfare in society.
- Teacher: gilbert kiprono
- Teacher: Odel Trainer
