This course employs the mathematical approach for analyzing topics in Micro and Macro- Economics. Topics to be covered the theory of consumer behaviour, the theory of the firm in perfect competition, Market equilibrium, imperfect competition, the production function and Macro- Economic models, income Expenditure and their determination.

- Course creator: Folarin Julius FADEYI

The course
begins with the concept of national income, the basic model of income
determination, extension from simple closed economy to four-sector economy,
detailed theories of consumption and investment functions, the classical and
Keynesian theories of employment and output, capital theory, theories of money,
price and interest, Keynesian and Monetary system, comparative theories of
consumption and investment, fiscal policy, income determination, equilibrium in
the commodity market, equilibrium in the money market and the IS - LM
analytical apparatus in the discussion of relative effectiveness of monetary
and fiscal policies, problem of employment and inflation, the absolute income
hypothesis, the accelerator principle, the interest theory of investment,
demand for money and inflation, also covers problem of unemployment and
inflation and IS LM analytical apparatus in discussion of the relative
effectiveness of monetary and fiscal policy**.**

- Course creator: Folarin Julius FADEYI

It covers the importance of statistics in economics, descriptive statistics, basic

concepts in probability distributions and inferential statistics (sampling design and selection); sampling distribution, point and interval estimates of parameters and

hypothesis testing.

- Course creator: Chidozie Sunday Abbah

The course builds on Principles of Economics. Topics under this course include demand and supply, theory of consumer behaviour, utility approach, indifference curve approach, the theory of the firm and theory of costs and theory of income distribution.

- Course creator: Folarin Julius FADEYI

The course
covers introduction to the theory of trade and international finance
incorporating presentation of various theories of international trade, foreign
trade protection, economic integration and balance of payments. It also covers
foreign aid capital flows and the use of international economics in explaining
contemporaneous international relations and diplomacy.

- Course creator: Chidozie Sunday Abbah