Economics

This course covers key topics related to trade, finance, and market operations.

Students will begin with an exploration of mining, learning about different types of mineral resources, methods of extraction, and the economic significance of mining in national development.

Next, they will study financial institutions, including commercial banks, central banks, and non-bank financial institutions, examining their roles in economic growth and development.

The course will then address price determination in a free market economy, explaining how demand and supply interact to set prices and the effects of market forces on consumers and producers.

Students will also learn about money, its functions, types, and the importance of a stable monetary system in an economy.

A detailed study of distributive trade follows, focusing on how goods move from producers to consumers through wholesalers and retailers.

Finally, the course covers the role of middlemen, analyzing their contributions, advantages, and potential drawbacks in the distribution chain.