KSh 550.00
Description
KASNEB CPA Economics Revision Kits
LEARNING OBJECTIVES
At the end of the lesson the student should be able to:
Distinguish between economics and other social sciences like sociology, ethics etc
Understand the meaning of scarcity as used in economics
See how scarcity is at the centre of all economic problems
Enumerate economic goals and problems
Know that it is difficult to arrive at “Pure” economic decisions since the economic
problems are closely bound up with political, sociological and other problems
Understand the reasons for specialization and Exchange
CONTENTS
Meaning and scope of Economics
The Methodology of economics and its basic concepts
Economic description and analysis
Economic goals and problems
Scarcity, choice, opportunity cost and production possibility frontiers and curves
Economic systems
Specialization and Exchange
