Courses: 4th Year 2nd sem., B.Sc. Economics
ECO412: Microeconomics Analysis II(2 credit units)
The notion of economic efficiency. Efficiency and equity. Externalities, social and private cost. Private cost. Pareto optimum. Various concepts of distribution. Distribution among factors, causes of inequalities and remedies. Social welfare functions. Factor pricing, inter-industry linkages, models micro-policy analysis
ECO422: Macroeconomics Analysis II(2 credit units)
Capital theory, theories of money, prices and interest. Introduction to models of economic growth. Macroeconomic policies and optimal allocation of resources. Theory and design of economic policy: policy objectives, instruments and implementation.
ECO432: Applied Econometrics II(2 credit units)
Extension of the two variable linear model. Introduction to matrix algebra and algebra of econometrics. The general linear model and generalised least square procedures, violations of linear models assumptions and their corrections. Stochastic regression and errors in variable. Identification problem; meaning, detection, and correction. Simultaneous models and estimations. Causation-granger tests. K-class estimators and the choice of estimator. Practical solution of problems and computer appreciation. Co integration and error correction model(ECM)
ECO442: Economics of Production(2 credit units)
Appraisal of projects from commercial and social viewpoints. Cash flow analysis. The discount rate and public choice. Treatment benefit distribution of costs; externalities. Effects of costs and in key project variables; sensitivity analysis. Development planning and project evaluation.
ECO452: Banking and Monetary Policy(2 credit units)
Financial development and economic growth, financial crises, role of monetary policy, bank management, structure of central bank, tools of monetary policy, goals and conduct of monetary policy, transmission mechanism of monetary policy, exchange rate management, monetary policy strategy- exchange rate targeting and currency boards, monetary targeting, inflation targeting
ECO462: Economics of Innovation(2 credit units)
Concept of innovation, types of innovation – process innovation, product innovation, incentives to innovate and market failure, Innovation in organisations, impact of innovation on the economy, diffusion of innovation, role of governments
ECO402: Research Project(6 credit units)
Every student is required to present a solid research report on any given economic problem( with the supervisory assistance of a lecturer). Here, the students are expected to show a thorough knowledge research methodology and quantitative technique.
ECO472: Project Evaluation II(2 credit units)
Mathematical modelling of growth, exogenous growth models, endogenous growth models with capital accumulation, technological progress through learning-by-doing, diffusion of technology and growth, growth in open economy, and empirical studies of economic growth
ECO482: Mathematical Economics(2 credit units)
Linear and non-linear models; static and dynamic models. Input-output analysis. General equilibrium analysis. Mathematical programming. Optimal control theory. Game theory and applications. Linear difference and differential equations.
ECO492: Environmental Resource Economics(2 credit units)
The course deals with the exploitation of exhaustible, renewable, and environmental resources and public policy issues that arise in seeking their efficient use. Strong connecting threads are the problem of ill-defined property rights in the market allocation of these resources and the importance of comparing costs and benefits across different periods of fine in determining their optimal use. The course first deals with the theory of exhaustible resources and examines the effects of different market and mineral and mineral leasing arrangements and of alternative taxation regimes, on the efficient exploitation is discussed with particular applications to forestry and to fishing and alternative policy for regulating these activities. The latter part of the course examines problem of environmental degradation and natural area conservation with a particular focus on the alternative policy tools and evaluation procedures that available to governments to moderate pollution and other forms environmental damage.
Similar To this
- 1st Year 1st sem., B.Sc. Economics
- 1st Year 2nd sem., B.Sc. Economics
- 2nd Year 1st sem., B.Sc. Economics
- 2nd Year 2nd sem., B.Sc. Economics
- 3rd Year 1st sem., B.Sc. Economics
- 3rd Year 2nd sem., B.Sc. Economics
- 4th Year 1st sem., B.Sc. Economics
- 4th Year 2nd sem., B.Sc. Economics
- View All Course Outlines