Economics YEAR 11

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Duration: 20 hours
Lectures: 30

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Working hours

Monday 9:30 am - 6.00 pm
Tuesday 9:30 am - 6.00 pm
Wednesday 9:30 am - 6.00 pm
Thursday 9:30 am - 6.00 pm
Friday 9:30 am - 5.00 pm
Saturday Closed
Sunday Closed

Welcome to Economics year 11

Course Content

Week 1 and 2: Basic Tools for Economic Analysis

  • Introduction
  • Linear and Simultaneous
  • Measure of Dispersion
  • The Range and Quartile
  • Variance and Standard Deviation

Week 3 and 4: Concepts of Demand and Supply

  • Introduction
  • Laws of Demand and Supply
  • Factors Affecting Demand
  • Types of Demand
  • Changes in Demand
  • Supply and Changes in supply
  • Week 5 and 6: Production Possibility Curve
    • The PPC Curve
    • Relationship between the PPC and Opportunity cost
    • Concepts in PPC

    Week 8 and 9: Cost Concepts

    • Definition
    • Basic cost concepts
    • Relationships in costs
    • A mathematical approach to cost.

SECOND TERM

WEEK 2-3 MARKET  STRUCTURE

WEEK 4 – 5  BUSINESS ORGANIZATIONS

WEEK 6 – STMA

WEEK 7 – LABOUR MARKET

WEEK 9-  POPULATION

WEEK 10 – AGRICULTURE

 

THIRD TERM

WEEK 2-3 INDUSTRIALISATION

WEEK 4 – 5  UTILITY THEORY

WEEK 6 –FISCAL POLICY

WEEK 8 –DEMAND AND SUPPLY OF MONEY

WEEK 9-  MONEY (INFLATION AND DEFLATION)

WEEK 10 –BUDGET

 

 

 

Concept of Demand and Supply

1
Zoom Class
2
Demand
3
Change in demand and quantity demanded
4
Supply

Production Possibility Curve

1
The Production Possibility Curve
2
Video on PPC
3
Opportunity Cost
4
PPC and Economy Efficiency
5
Video on PPC and Economy Efficiency

Cost Concept

1
Definition of Cost of Production
2
Basic Cost Concepts
3
Video on Fixed, Variable and Marginal Costs
4
Video on AVC, AFC and MC
5
Explicit and Implicit Costs
6
Short Run and Long Run Costs

Assessment

1
Economics Mid-Term Assessment

Revenue Concepts

1
Revenue
2
Video on Revenue

First Term Examination

second Term- Week 2-3 (Market structures)

1
Meaning of Market
2
Forms of Market structure
3
BASELINE ASSESSMENT TEST
4
Market structure

Week 4-5- Business Organizations

1
Definition and types of Business Organizations

WEEK 6- STMA

1
MID TREM ASSESSMENT

Week 7- LABOUR MARKET

1
LABOUR MARKET
2
LABOUR MARKET

Week 9

1
POPULATION
2
Population

WEEK 10

1
AGRICULTURE
2
AGRICULTURE
3
SECOND ASSESSMENT

THIRD TERM

1
Week 2-3. INDUSTRIALISATION

Week 4-5

1
UTILITY THEORY

Week 6 Fiscal Policy

Week 8

1
DEMAND AND SUPPLY OF MONEY; INFLATION AND DEFLATION
2
DEMAND AND SUPPLY OF MONEY; INFLATION AND DEFLATION

Week 9

1
BUDGET
2
BUDGET

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