Intermediate Economics_2019-2020

This module builds on the principles of economics concepts taught in first year. The module is composed of two parts. The first part focuses on Microeconomics and includes: The economic models of the behaviour of consumers and firms and the interaction between the two are extended using more rigorous approach. Students are also introduced to models of market imperfections. The second part focuses on Macroeconomics and aims to develop students’ economic intuition, and increase their understanding of macroeconomics. Rwanda context is incorporated where applicable and possible.