On successful completion of the course, Learners should have a clear understanding of:

  • Fundamental concepts of economics
  • Branches of economics
  • Basic economic problems
  • Economic systems
  • Demand and supply
  • Market structures
  • Basics of money and banking

“…the history of the intellectual efforts that men have made in order to understand economic phenomena…”

Is economic development only a matter of money? 

« The problem of economic development is to account for the observed pattern across countries and across time in levels and rates of growth of per capita income. » (Lucas)