Certificate in Economic Policy

The Objective of this course is to enable understudies to understand a general picture and an understanding of economic activities, patterns and principles. To develop in students the capacity to apply these principles and to help them transferthis knowledge to new situations, and to achieve critical thought. To develop in all our students an interest in everyday economics and to aid them in their education for citizenship. To provide a suitable basis for further study of the subject.
This is a short term course with the following contents under the following Heads Introduction to Economics, Introduction to Macroeconomics, Financial Economics, Environmental Economics, Introduction to Probability & Statistics. Each of the following heads contains Scarcity and Choice, Production Possibilities Frontier, A Tour of the Economy, Supply and Demand Book, Introduction to Economics, National Income Accounting, Unemployment and Inflation, Aggregate Supply & Aggregate Demand, Net Present Value File, How to Value Bonds and Stocks File, Some alternative investment rules File, Capital market theory: an overview File, Risky asset, Introduction to Environmental Economics, Economy-Environment Relationships, Pollution Characteristics and Trends, The Competitive Market Model, Random Variables and Expectation, Densities and distributions, Independence, Conditioning and Hypothesis Testing.