FUNDAMENTALS OF ECONOMICS

Course Description

This course provides a foundational understanding of economics, covering essential concepts that underpin both microeconomics and macroeconomics. Students will explore key topics such as supply and demand, market structures, the role of government in the economy, inflation, unemployment, and international trade. The course emphasizes the importance of economic reasoning and decision-making, providing students with the tools to analyze economic issues in both personal and professional contexts. By completion of the course, students will have a solid grasp of basic economic principles.

FUNDAMENTALS OF ECONOMICS

Evaluation Tools (Active Term)

Course outcomes

1. 01 Cognizance tht agriculture is indeed a type of business enterprise
2. 02 Awareness of risks particular to agriculture
3. 03 Awreness of the spcificity of markets in agricultural commodities
4. 04 Appreciation fo the different types of costs particular to agriculture
5. 05 Apreciation of the improtance of cash flows and money managemet

Course Syllabus

Reference Books & Course Materials

1. 01 Drummond, H, and Goodwin, Johnd W: "Agricultural Economics", third eition Pearson ISBN-13-978-01-36071921

Learning Outcomes

1. L01 Cognizance tht agriculture is indeed a type of business enterprise
2. L02 Awareness of risks particular to agriculture
3. L03 Awreness of the spcificity of markets in agricultural commodities
4. L04 Appreciation fo the different types of costs particular to agriculture
5. L05 Apreciation of the improtance of cash flows and money managemet

Program Outcomes

1. P01 Create a user interface in a contemporary object-oriented language to allow users to access business data
2. P02 Identify and analyze user needs and take them into account in the selection, creation, integration, evaluation and administration of computing-based systems
3. P03 Analyze common business functions and identify, design, and develop appropriate information technology solutions
4. P04 Design and develop software solutions for contemporary business environments by employing appropriate problem-solving strategies
5. P05 Configure and administer database server to support contemporary business environments.
6. P06 Administer or mange a relational database for a small to medium size company
7. P07 Be able to effectively integrate IT-based solutions into the user environment
8. P08 Understand professional, ethical, legal, security and social issues and responsibilities
9. P09 Be able to apply effective communication skills consistent with the professional environment
10. P10 Be able to apply effective collaboration skills in teamwork consistent with the professional environment

Po-Lo Matrix