About Economics Trade & Finance
Economics Trade & Finance studies the behavior of consumers, businesses, and governments in their dealings with scarce resources. Students explore the topic of national income determination and analyze how equilibrium is achieved for a nation's income.
Within this programme, learners deepen their understanding of consumer nature and business activity, while exploring more complex microeconomic agents and the issues surrounding them. Also examined are the specific characteristics and socio-economics of countries within the Caribbean.
The skills, knowledge, and competencies acquired throughout Economics Trade & Finance poises students to investigate and propose resolutions to a plethora of economic issues.
Learning Outcomes
- Examine macroeconomic issues relevant to all economies in the global economy.
- Calculate average and marginal propensities.
- Assess income and substitution effects of price change.
- Differentiate between microeconomics and macroeconomics.
- Analyze the structural characteristics of the Caribbean.
- Describe the various economic problems that economies face.
- Explain the different ways of deriving National Income Accounts.