Social & Management Sciences

Study Materials in Social & Management Sciences

ECO 103 MONEY AND BANKING

IntroductionWhat is MoneyHistory of MoneyCharacteristics of MoneyFunctions of MoneyTypes of MoneyMotive of Holding MoneyFinancial InstitutionsIntroductionThe History of Nigeria Banking SystemCommercial Banks and Its FunctionsDifferences Between Demand Deposit and Fixed DepositThe Growth and Development of Commercial Bank in NigeriaMerchant BanksFunctions of Merchant BanksCentral BankingIntroductionEvolution of Central Bank in the WorldFunctions of Central BankCentral Bank Relationship with th...

ECO 101 WEAKNESS OF CARDINAL UTILITY APPROACH

The Ordinal Utility ApproachAssumption of Indifference Curve AnalysisWeakness of Indifference Curve TheoryCharacteristics of Indifference CurvesEquilibrium of the ConsumerMarginal Rate of Substitution

ECO 101 THEORY OF PRODUCTION 1

Theory of PopulationFactors of ProductionProduction FunctionConcepts of Production FunctionStages of ProductionIsoquantCharacteristics of IsoquantsIsocostMarginal Rate of Substitution

ECO 101 THEORY OF PRODUCTION 2

Meaning of ProductionFactors of ProductionBasic Concepts of ProductionLaw of Diminishing ReturnsLaw of Returns to ScaleConstant Returns to Scale (CRS)Increasing Returns to Scale (IRS)Decreasing Returns to Scale (DRS)Production Runs (Short and Long Runs)

ECO 101 THEORY OF DEMAND AND SUPPLY

Theory of DemandLaw of DemandIndividual and Market DemandsTypes of DemandDeterminants of DemandsChange in Demand and Change in Quantity DemandedElasticity of DemandDeterminants of ElasticityElasticity and Total RevenueImportance of ElasticityIncome ElasticityCross Elasticity of DemandTheory of SupplyLaw of SupplySupply CurveExceptional SupplyDeterminants of SupplyTypes of SupplyChange in Supply and Change in Quantity SuppliedSupply and Time SpentPrice and Quantity Supplied under the Three Per...

ECO 101 THE INDIFFERENCE CURVE THEORY

Price Mechanism/TheoryTheory of DemandDemand ScheduleDemand CurveDemand FunctionTypes of DemandFactors Afffecting Demand or Demand DeterminantsChange in Quantity Demanded/Change in DemandExceptional/Abnormal Demand CurveTheory of SupplySupply ScheduleSupply FunctionFactors Afffecting Supply or Supply DeterminantsExceptional/Abnormal Supply CurveConcept of EquilibriumMerits of Equilibrium (Price System)Demerits of Price SystemGovernment Intervention and Price SystemConcept of ElasticityElastic...

ECO 101 PRICE MECHANISM THEORY

Price Mechanism/TheoryTheory of DemandDemand ScheduleDemand CurveDemand FunctionTypes of DemandFactors Affecting Demand or Demand DeterminantsChange in Quantity Demanded/Change in DemandExceptional/Abnormal Demand CurveTheory of SupplySupply ScheduleSupply FunctionFactors Affecting Supply or Supply DeterminantsExceptional/Abnormal Supply CurveConcept of EquilibriumMerits of Equilibrium (Price System)Demerits of Price SystemGovernment Intervention and Price SystemConcept of ElasticityElasticit...

ECO 101 MARKET STRUCTURE

IntroductionPerfect CompetitionThe Characteristics of a Perfect CompetitionShort-run Equilibrium of the Perfect Competitive FirmAdvantages of Perfect CompetitionDisadvantages of Perfect CompetitionMonopoly Characteristics of Monopoly Sources of Monopoly PowerThe Short-run Equilibrium for a MonopolistLoss-Minimization by the Monopolist in the Short-runPrice DiscriminationMonopolistic CompetitionCharacteristics of Monopolistic CompetitionShort-run Equilibrium for Monopolistically Comp...

ECO 101 LAW OF DIMINISHING MARGINAL UTILITY

Law of Diminishing Marginal UtilityDerivation of Demand Curve from UtilityHousehold Equilibrium (Utility Maximization)Ordinalist Approach (Indifference Curve)Indifference Map

ECO 101 DISTINGUISHING BETWEEN MICROECONOMICS AND MACROECONOMICS

Distinguishing Between Microeconomics and MacroeconomicsSome Important Basic Conceptual Categories and Institutional Units of EconomicsHousehold Demand for a Good/Service

Eco 101 Economics

The Scope of Economics The Economic ProblemBasic problems for any Economy The methodology of EconomicsBasic tools for Economic Analysis

MAC 412- Sociology for Mass Communications

MAIN CONTENT 3.1 Definition of Sociology Sociology concerns itself with social relationships. A network of these relationships is called the Society which is the main concern of sociology. Although there are other aspects of social science that focus on some other aspects of society, the main concern of sociology is the relationships of the human race. Sociologists have generally vied into the nature of Sociology instead of defining it. Some have used colourless definitions such as “Sociolo...

POS 101- Introduction to Political Science

The meaning of science The word science is derived from the Latin word“SCIRE” which means “TO KNOW”. Therefore, science is a  systematic method of knowing.DefinitionsofScience Science is the observation of facts. “Science is a systematic body of knowledge, the facts of which have been accurately and impartially collected, arranged and classified through the use of various scientific methods of observation, comparison and experimentation”. Itisthesystematicobservationofnature,...

ACC 215- Accounting Management 200l

Introduction to Financial Accounting Business is an economic activity undertaken with the motive of earning profits and to maximize the wealth for the owners. Business cannot run in isolation. Largely, the business activity is carried out by people coming together with a purpose to serve a common cause. This team is often referred to as an organization, which could be in different forms such as sole proprietorship, partnership, body corporate etc. The rules of business are based on general pr...

Accounting Management

Meaning of Accounting The main purpose of accounting is to ascertain profit or loss during a specified period, to show financial condition of the business on a particular date and to have control over the firm's property. Such accounting records are required to be maintained to measure the income of the business and communicate the information so that it may be used by managers, owners and other interested parties. Accounting is a discipline which records, classifies, summarises and interpret...


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