ECONOMICS SENIOR FIVE LEARNER’S GUIDE

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Economics is the study of how individuals, firms, and governments make choices in the use of scarce resources to satisfy …

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1 week, 3 days

Last Updated

June 27, 2026

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20

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Economics is the study of how individuals, firms, and governments make choices in the use of scarce resources to satisfy unlimited human wants. It helps learners understand how wealth is created, distributed, and used in society.

At Senior Five level, Economics equips learners with practical knowledge, critical thinking, problem-solving skills, and decision-making abilities that are essential in everyday life. The subject enables students to analyze economic issues affecting Uganda and the world, such as unemployment, inflation, production, trade, and development.

Through the Competency Based Curriculum, learners are encouraged to apply

Joseph Aheebwa

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Course Currilcum

CHAPTER 1: INTRODUCTION TO ECONOMICS FREE 00:00:00
Chapter 1.1: Core Economic Concepts and Fundamental Problems FREE 00:00:00
Chapter 1.2: The Production Possibility Frontier (PPF) FREE 00:00:00
Chapter 1.3: Economic Systems FREE 00:00:00
CHAPTER 2: PRICE THEORY FREE 00:00:00
Chapter 2.1: The Market and the Role of Price FREE 00:00:00
Chapter 2.2: The Theory of Demand FREE 00:00:00
Chapter 2.3: The Theory of Supply FREE 00:00:00
Chapter 2.4: Market Equilibrium FREE 00:00:00
Chapter 2.5: Elasticity of Demand FREE 00:00:00
Chapter 2.6: Elasticity of Supply FREE 00:00:00
Chapter 2.7: Price Controls and Market FREE 00:00:00
CHAPTER 3: PRODUCTION AND MARKET STRUCTURES FREE 00:00:00
Chapter 3.1: The Theory of Production FREE 00:00:00
Chapter 3.2: The Firm and Costs of Production FREE 00:00:00
Chapter 3.3: Revenue, Profit, and Market Structures FREE 00:00:00
CHAPTER 4: NATIONAL INCOME FREE 00:00:00
Chapter 4.1: The Circular Flow of Income and GDP FREE 00:00:00
Chapter 4.2: Challenges of Measuring National Income and the Informal Sector FREE 00:00:00
Chapter 4.3: GDP, Welfare, and the Standard of Living FREE 00:00:00
CHAPTER 5: ECONOMIC GROWTH, ECONOMIC DEVELOPMENT AND DEVELOPMENT THEORIES FREE 00:00:00
Chapter 5.1: Economic Growth vs. Economic Development FREE 00:00:00
Chapter 5.2: Poverty and Underdevelopment FREE 00:00:00
Chapter 5.3: Theories of Growth and Development FREE 00:00:00