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Economic Systems

8 Lessons 10 mins


a. Types and characteristics of free enterprise, centrally planned and mixed economies
b. Solutions to economic problems under different systems
c. Contemporary issues in economic systems (economic reforms e.g deregulation, banking sector consolidation, cash policy reform).


(i) compare the various economic systems;
(ii) apply the knowledge of economic systems to contemporary issues in Nigeria
(iii) proffer solutions to economic problems in different economic systems.

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