This course is intended to provide the student with knowledge of: 
(i) the basic principles of economics such as the nature and scope of economics, scarcity and opportunity cost , the use of theories in economics, the market economy and the working of markets , and demand and supply analysis. 
(ii) the evolution of schools of thought in economics. It will also introduce the student to important aspects of the Economy of Ghana and development issues of sub-Saharan Africa.