AEM 502 Course Synopsis

COURSE CODE:    AEM 502
COURSE TITLE:    Business Management
NUMBER OF UNITS: 3 Units
COURSE DURATION
:  Three hours per week

COURSE DETAILS:
Course Coordinator: Dr. Okojie Luke, B.Sc., M.Sc., PhD
Email: lukeokojie@yahoo.com
Office Location: Agric. Econs & Farm Mgt. Department, COLAMRUD
Other Lecturers: Dr. A.E. Obayelu

COURSE SYNOPSIS
Definition of economics; The economic problem: the problem of scarcity, production possibility frontier, principle of increasing costs, scarcity and the market system; Micro economics: demand, supply, equilibrium price, shifts in supply and demand, government and price determination; Macro economics: gross domestic product, aggregate demand, aggregate supply, equilibrium output, unemployment, inflation, national income, consumption investment and net exports, money and banking.

AEM 502 Lecture Note

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