This course provides the student with an introduction to the basic elements of modern microeconomics. The course provides coverage of the institutional background and the history of significant microeconomic ideas and issues in Kenya and around the world. It will develop an understanding of how microeconomics relates to practical life. Students are expected to apply the knowledge in other economics units. The study employs extensive use of diagrams and mathematical expressions in the illustration of concepts.

This course provides the student with an introduction to the basic elements of modern microeconomics. The course provides coverage of the institutional background and the history of significant microeconomic ideas and issues in Kenya and around the world. It will develop an understanding of how microeconomics relates to practical life. Students are expected to apply the knowledge in other economics units. The study employs extensive use of diagrams and mathematical expressions in the illustration of concepts.