DEPARTMENT OF ECONOMICS

Teacher

Prowess University

Course Features

Lectures 0
Quizzes 0
Duration 50 hours
Skill level All levels
Language English
Students 0
Certificate No
Assessments Yes

Curriculum

18 Sections
0 Lessons
10 Weeks

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ECO 711 Microeconomic Theory (Econometrics and Statistics) 3 unit
The course has an applied flavour (focusing on Qm for planning) and covers: an introduction to matrix algebra and econometrics; economic model building and simulation; the input-output model and its used for forecasting; linear programming and its application. The course also covers an introduction to the classical linear regression model, and method of least squares and maximum likelihood estimation, linear hypothesis testing and constrained estimation; the general linear regression model applied to problems, weighted regression, and autocorrelation; introduction to autoregressive and moving average error processes and stochastic difference equations; distribution lag models; and system of "seemingly unrelated equation". The course will also cover the geometric interpretation of methods and their asymptotic justification, co-integration and error correction medals
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ECO 701 Microeconomic Theory 3 - Unit
The course seeks to familiarize the student with the analytical techniques of advanced price theory and to illustrate the usefulness of these techniques by applying them to the problems of business and government policy. The content includes; theory of firm; market and equilibrium; the invisible hand, equilibrium in organized market, Walriasian Tatonnement, the stability problems; transaction costs and market equilibrium, general competitive equilibrium, the pure theory of international exchanges; richardo, hechsherohlin; arrow-debreu theorem; micro economic policy; theory and applications market failure, externalities and the cases theorem; incomplete markets; optimal intervention theory; tax-subsidy-tariff policy; second best; applications; competition policy and trade policy in practice.
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ECO 703 Development Economics 3 - Unit
The course provides a thorough exposure to the main theories of economic growth and development and an analytical framework for formulating and evaluating development strategies in the light of key development choices facing the developing countries today. Macroeconomics of developing countries-structuralist macroeconomics, etc. -economic stabilization policies in developing countries, industrialization, rationale and transfer of technology, regional development and planning plan implementation, the machinery of planning plans organization and monitoring.
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ECO 704 International Trade Theory 3 -unit
The course covers the following topics, designed to give the students a good grounding in international economics and trade; a survey of international trade theory: commercial and international trade policies the balance of payments and the adjustments mechanism, theory practice of international of international investment, development financing and resource flows; exchange rate systems; international economy and developing countries.
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ECO 705 Public Sector Economics 3 - UNIT
The course covers issues in public sector growth, public sector investment, pricing and financing, budgeting, taxation, welfare and economic development.
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ECO 706 Industrial Economics 3 - UNIT
The course covers discussions of the element of market structure, market structures, market conduct, and market performance. Alternative theories of the firm behavior including saves revenue and growth maximization, concentration of industry, economics of sales barriers to entry, mergers, monopoly power and performance, oligopoly theory and control of restrictive practices.
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ECO 707 History Of Economic Thought 3 - UNIT
The first part of the course deals with the economists who have developed comprehensive theoretical models of major importance in the history of economics: richardo, Marx, walras, marshal, and Keynes. The second part of surveys some of the more important topics that are not adequately covered in the first part: international trade, the ramifications of marginal productivity theory, monetary, capital theory, and the revolt against theoretical economics.
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ECO 708 Applied Statistics 3 - UNIT
Topics to be covered in the course are: Simple Random Sampling, Sampling Proportions and Percentages, Estimation of Sample Size, Stratified Random Sampling Ratio Estimators. Systematic Sampling, Chustes Sampling and Sources of Errors in Surveys.
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ECO 711 Microeconomic Theory 3 - UNIT
The course seeks to give the student an understanding of advanced macroeconomic theory. Content includes macroeconomic issue and controversies; the macroeconomic system fixed price .Keynesian model; equilibrium in the closed economy; the limitation of the is- 1m model and the budget constraint; macroeconomic policy problems; inflation and unemployment, unemployment and rational expectations, unemployment and labour market equilibrium, more recent approaches to employment policy; economic modeling, models and macroeconomic policies.
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ECO 712 Project Analysis and Investment Planning 3 - UNIT
The course discussed the project concept, project analysis and the presentation of project reports, financial appraisal and comparison of various investment criteria, the rationale of economic appraisal, different methodologies (Unido, World Bank OECD) estimation and use of shadow price, distributional aspects of projects; problems of risk and uncertainty; the relationship between projects and approaches to planning; issues of implementation; monitoring the evaluation.
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ECO 713 Monetary Theory and Policy 3 - UNIT
The course begins with the core propositions of monetary theory, followed by an intensive treatment of monetary issues in an international context (IMF, etc) and the implementation of monetary issues in an open economy, monetary policy in developing countries.
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ECO 714 International Finance 3 - UNIT
The courage discussed aspects of the theory and practice of corporate behavior with regard to investment decision and portfolio selection; international financial markets and associated monetary arrangements; multinational firms in international finance. Finance in developing countries.
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ECO 715 Labour Economics 3 - UNIT
The course will be a discussion of both micro and macro aspects of labour market theory, the theory of human capital, and related policy issues.
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ECO 716 Banking and Finance 3 - UNIT
The topics to be covered in the course include elements of banking, practice of, banking law relating to banking financial accounting, advanced accounting,, international financial system, investment analysis, finance of international tread ' and management.
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ECO 717 Operations Research 3 - UNIT
The topics to -be covered in this course include measuring uncertainly, queuing problems, business forecasting, simulation and Monte Carlo methods, stock and production control models, resources allocation, planning projects, analyzing decisions, operational gaming and other operational research techniques.
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ECO 718 Applied Econometrics 3 - UNIT
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ECO 718 Applied Econometrics 3 - UNIT
The course seeks to provide a link between economics theory and econometrics methods of examining a range of contemporary empirical applications. The course is designed to expose students to the art of structural model building for the purpose of advancing ,economic theory. Application Of econometrics of policy appraisal will also be covered.
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ECO 799 Dissertation 3 - UNIT
Each student shall be expected to write dissertation on his/her chosen topic. For this, the student shall be assigned to a supervisor(s) for regular con salutations. The dissertation shall be assessed as a 6- unit course. The scope and depth of the dissertation shall be that the student is able, in minimum of 10,000 words, to demonstrate adequate familiarity with the theoretical and empirical literature on the chosen topic as well as shown a grasp of basic analytical techniques relevant to the topic. The quality of the dissertation should such that it is at least publishable as a journal article.
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Prowess University

DEPARTMENT OF ECONOMICS

DEPARTMENT OF ECONOMICS

Course Features

Curriculum

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