Below are the course contents for this course;
1. Analysis of costs (with special attention to relationship between marginal and average cost)
2. Deviation of various cost concepts from given production schedules. The revenue of the firm (special attention to in fraction between marginal and average revenues)
3. The structure of markets from perfect, monopolistic and Oligopolistic competitions to pure competition.
4. Review of demand and supply analysis up to conditions of abnormality.
5. Verbal and geometrical characteristic of income, price and cross elasticity
6. Calculation and interpretation of the indices of above elasticity concepts.- Lecturer : ebere okolo