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Course Description

Credit Units: 2
Lecturer: Mr. Shaib, E. Oluwatobi, Email ID:, College of Arts, Law, Administration and Management Sciences, Department of Economics.

Learning Description:
The course deals with a more in-depth treatment of ECO111. It also introduces the use of quantitative techniques in Micro-economic theory.

Learning Outcomes/Objectives: 

At the end of the course and having completed the essential reading and activities students should be able to:

 The subject matter of economics, positive and normative economics, common fallacies in economics, and basic economic question in all types of economics.
 Theories of demand and supply, equilibrium concept and possibility of disequilibrium with emphasis on cobweb theory;
 Theory of elasticity of demand and supply with applications.

Please click on the course content tab to have access to all required materials for this course.

Legacy University COVID-19 Response

We wish you and your loved ones health and peace during these uncharted times. Our University remains open with the implementation of online classes for the 2020 academic year via our Legacy University Open eSchool (

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