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DESCRIPTION OF CORE COURSES
                    CIX1001 PRINCIPLES OF MICROECONOMICS                                      3 Credits

                    Synopsis:
                    This course will expose students to basic principles of microeconomics such as limited resources and choices and how
                    the price theory and the production theory are developed based on these basic principles. Discussion on price theory
                    covers  demand  and  supply  models,  elasticity  and  consumer  behavior.  Failure  of  the  market  will  also  be
                    covered.  Production and cost theory will cover theory of the firm within it various market structures together with its
                    efficiency.
                    Course Pre-requisite(s)   : None

                    Assessment Methods    : Continuous Assessment: 50%, Final Examination: 50%


                    CIX1002 PRINCIPLES OF MACROECONOMICS                                      3 Credits

                    Synopsis:
                    This course will expose students to macroeconomic issues and problems and concepts of basic measurements and
                    calculation of a country’s economic progress.  Students will also be exposed to basic models of income determination
                    for an open and closed economy, and theories explaining the relationship between government expenditure and taxes.
                    The impact of government’s fiscal and monetary policies on business activities namely production on capital and
                    consumer goods are also disclosed to students.


                    Course Pre-requisite(s)   : None

                    Assessment Methods    : Continuous Assessment: 50%, Final Examination: 50%

                    CIX1003 BUSINESS STATISTICS                                               3 Credits
                    Synopsis:

                    Topics that will be discussed include terminology and uses of statistics, presentation of descriptive data, concept of
                    probability, discrete and continuous random variables, statistical inference mainly in sampling and hypothesis testing.
                    Techniques such as t-test, chi-squared test, analysis of variance (ANOVA), linear regression and correlation will also
                    be discussed.
                    Course Pre-requisite(s)   : None
                    Assessment Methods    : Continuous Assessment: 50%, Final Examination: 50%



                        CIX1004 QUANTITATIVE ANALYSIS FOR BUSINESS                              3 Credits
                        Synopsis:
                        This course aims to expose students to the importance of developing logical thinking especially in business-
                        related problems.  Topics include introduction to algebra, differentiation, linear programming, matrix algebra
                        and simple and compound interest.
                        Course Pre-requisite(s)   : None

                        Assessment Methods : Continuous Assessment: 50%, Final Examination:  50%
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