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ECS1020 / Under Graduate / Level 1

Demand & Supply Equilibrium

  • Demand and Supply Equilibrium
  • Simulteneous shift in Demand and Supply

ECS1020 / Under Graduate / Level 1

Indifference Curve Approach to Consumer Equilibrium

  • Key concepts and principles to understand how consumers make optimal choices.

ECS1020 / Under Graduate / Level 1

Price Elasticity of Demand

A step by step guide on the three dynamic methods to calculate Price Elasticity of Demand using typical exam questions.

ECS1020 / Under Graduate / Level 1

Imperfectly Competitive Market Structures

  • Learn the key differences between imperfectly competitive market structures.
  • Detailed explanations of Monopolies, Monopolistic competition and Oligopolies

ECS1020 / Under Graduate / Level 1

Cross and Income Elasticity of Demand

  • Detailed explanations of Cross and Income Elasticity of Demanad with typical exam scenarios.
  • How cross elasticity measures the responsiveness of the demand for one good when the price of another related good changes 
  • how the demand for goods varies with changes in consumer income and why this is crucial for understanding consumer behavior and market trends.

ECS1020 / Under Graduate / Level 1

Demand & Supply Equilibrium; Consumer Surplus & Dead Weight Loss (Calculations)

  • This session provides a practical exam guide on Demand & Supply Equilibrium, Consumer Surplus & Dead Weight Loss (Calculations).
  • Worked Exam questions involving graphs and calculations

ECS1020 / Under Graduate / Level 1

Theory of the Firm

  • Exam focused illustrations of how firms strive to maximize profits by efficiently managing costs.
  • A break down of complex concepts to easily understand how businesses classify their costs in the short run.

ECS1020 / Under Graduate / Level 1

Consumer Equilibrium using the Utility Approach

  • A comprehensive guide of the concept of consumer equilibrium, focusing on the Equi-Marginal Principle 
  • Cardinal and Ordinal Utility
  • Diminishing Marginal Utility

ECS1020 / Under Graduate / Level 1

What is Economics | Factors of Production | Production Possibility

Detailed explanations of the following key aspects:

  • What is Economics?
  • Factors of Production
  • Production Possibility Curve
  • Opportunity Cost

ECS1020 / Under Graduate / Level 1

Market Structure: Perfect Competition

  • This session provides an exam focused guide to perfectly competitive markets,
  • Exploring key differences between the short and long run.
  • From defining market structures to pinpointing profit maximization and shutdown points.

ECS1020 / Under Graduate / Level 1

Imperfect Competition Practice Questions

  • Worked and explained typical exam questions covering Imperfect Competition.
  • Calculating monopoly profits given a monopoly graph
  • Explaining the differences between perfect competition and monopolistic competition using graphs, in the long run.

ECS1020 / Under Graduate / Level 1

Perfect Competition Practice Questions

  • Worked and explained typical exam questions covering Perfect Competition.
  • Practice drawing and explaining diagrams for firms in perfectly competitive markets.

ECS1030 / Under Graduate / Level 1

GDP | Circular Flow of Income and Spending

This session will introduce you to the three major flows in the macro-economy to understand how different sectors of the economy interact:

  • Income, Production& Spending 
  • These three will be used to explain Gross Domestic Product (GDP)

ECS1030 / Under Graduate / Level 1

Keynesian Models Part 1

This is the first part of a 5 part series on income determination using Keynesian models.

ECS1030 / Under Graduate / Level 1

Keynesian Models Part 2

  • Explore a closed economy with government involvement- No taxes yet- just an increase in autonomous spending
  • Revisit Keynesian Models Part 1 first before attending to this session.

ECS1030 / Under Graduate / Level 1

Keynesian Models Part 3

  • In this part 3 of the income determination series, we introduce income taxes into our closed economy. 
  • Now that the government takes a percentage of income, the multiplier changes.

Two approachs: (1) Marginal Propensity to Consume & (2) Summing marginal Propensity to Withraw.

ECS1030 / Under Graduate / Level 1

Keynesian Models Part 5

  • In  this part 5 of the income determination series, we factor in both autonomous and induced imports- those independent of income and those dependent on it.
  • How changes in net imports affect equilibrium income
  • Discussion of how savings, taxes and imports act as withdrawals or leakages from the economy.

ECS1030 / Under Graduate / Level 1

The Monetary Sector Part 1

This session introduces you to the following;

  • Understanding money's journey; What is money?
  • Characteristics and Functions of money.

ECS1030 / Under Graduate / Level 1

The monetary Sector Part 2

Aspects covered includes;

  • Real vs Financial Sector
  • Financial Intermediaries
  • The Central Bank's Role

 

ECS1030 / Under Graduate / Level 1

The monetary sector Part 3

  • Keynes' Liquidity Preference Theory
  • Motives for holding money
  • Monetary Policy and Money Market Equilibrium

FAC4862/4864 / Post Graduate / Level 4

IFRS 15: Accounting for Customer Loyalty Programs & Bill and Hold arrangments

Duration: 2 hours

In this session you will learn the following at CTA level

  • Explaining and accounting for Customer Loyalty Programs (including journals)
  • Explaining and accounting for Bill and Hold arrangements.

FAC4862/4864 / Post Graduate / Level 4

IFRS 15: Accounting for Sale with a Right of Return

Duration: 1 hour 15 minutes

This session is suitable for CTA level 1 & CTA level 2. It includes the following:

  • Accounting for Sale with a right of return
  • Determining transaction price in a transaction with a significant financing component

FAC4862/4864 / Post Graduate / Level 4

IFRS 15: Principal versus Agent Considerations

Duration: 40 minutes

This session is suitable for CTA level 1 & CTA level 2.

  • After this session, you will be able to discuss and explain if an entity is a principal or an agent interms of IFRS 15.

FAC4862/4864 / Post Graduate / Level 4

IFRS 15: Identifying the contract(STEP 1) & Identifying performance obligations (STEP 2)

Duration: 1 hour 20 minutes

This session is suitable for CTA level 1 & CTA level 2.

After this session, you will be able to discuss, explain and apply the criteria for:

  • Identifying the contract with a customer
  • Identifying performance obligations in a contract with a customer.

COST4861/4862 / Post Graduate / Level 4

Break Even Point

Duration: 27 minutes

This session is suitable for CTA level 1 & CTA level 2. In this session you will learn how to:

  • Calculate and interpret the break-even point and margin of safety of a business under different scenarios and advise management based on your calculations.

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