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    Moodle is an open-source Learning Management System (LMS) that provides educators with the tools and features to create and manage online courses. It allows educators to organize course materials, create quizzes and assignments, host discussion forums, and track student progress. Moodle is highly flexible and can be customized to meet the specific needs of different institutions and learning environments.

    Moodle supports both synchronous and asynchronous learning environments, enabling educators to host live webinars, video conferences, and chat sessions, as well as providing a variety of tools that support self-paced learning, including videos, interactive quizzes, and discussion forums. The platform also integrates with other tools and systems, such as Google Apps and plagiarism detection software, to provide a seamless learning experience.

    Moodle is widely used in educational institutions, including universities, K-12 schools, and corporate training programs. It is well-suited to online and blended learning environments and distance education programs. Additionally, Moodle's accessibility features make it a popular choice for learners with disabilities, ensuring that courses are inclusive and accessible to all learners.

    The Moodle community is an active group of users, developers, and educators who contribute to the platform's development and improvement. The community provides support, resources, and documentation for users, as well as a forum for sharing ideas and best practices. Moodle releases regular updates and improvements, ensuring that the platform remains up-to-date with the latest technologies and best practices.

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Available courses

ECONOMICS

1.0  The Meaning of Economics

 

The modern word "Economics" has its origin in the Greek word "Oikonomos" meaning a steward. The two parts of this word "Oikos", a house and "nomos", a manager sum up what economics is all about. How do we manage our house?

 

There is an economic aspect to almost any topic education, employment, housing, transport, defence etc. Economics is a comprehensive theory of how the society works. Alfred Marshal defined economics as the "Study of man in the ordinary business of life". Paul Samuelson, an American Economist defined it as: "The study of how people and society choose to employ scarce resources that could have alternative uses in order to produce various commodities and to distribute them for consumption, now or in future amongst various persons and groups in society.

 

The word scarcity as used in economics means that; All resources are scarce in the sense that there are not enough to fill everyone's wants to the point of satiety. i.e We have limited resources, both in rich countries and in poor countries. The economist‘s job is to evaluate the choices that exist for the use of these resources. Thus we have another characteristic of economics; it is concerned with choice.

 

In summary, Economics is defined as "The social science which is concerned with the allocation of scarce resources to provide goods and services which meet the needs and wants of the consumers"

 

ESSENTIAL SKILLS

essential skills courses typically cover:

  • The importance of essential skills: These courses will emphasize how essential skills benefit you in various aspects of life. They'll show you how these skills are the building blocks for success in future learning and careers.
  • Specific essential skills: The course will identify and explore a specific set of essential skills. These may include communication, critical thinking, problem-solving, teamwork, and digital literacy.
  • Developing essential skills: The course will provide you with strategies and techniques to improve your essential skills. This may involve activities, exercises, and practical applications.

Overall, an essential skills course aims to equip you with a foundational skillset that you can use to thrive in work, education, and life.

money and price level

1.1  nature of money

There has been a lot of controversy and confusion over the meaning and nature of money. Professor Coulborn defines money as “the means of valuation and of payment; as both the unit of account and the generally acceptable medium of exchange.” Coulborn’s definition is very wide. He includes in it the ‘concrete’ money such as gold, cheques, coins, currency notes, bank draft, etc. and also abstract money which “is the vehicle of our thoughts of value, price and worth.”

Such wide definitions have led Sir John Hicks to say that “money is defined by its functions: anything is money which is used as money: ‘money is what money does.” These are the functional definitions of money because they define money in terms of the functions it performs.

Some economists define money in legal terms saying that “anything which the state declares as money is money.” Such money possesses general acceptability and has the legal power to discharge debts. But people may not accept legal money by refusing to sell goods and services against the payment of legal tender money. On the other hand, they may accept some other things as money winch are not legally defined as money in discharge of debts which may circulate freely. Such things are cheques and notes issued by commercial banks. Thus besides legality, there are other determinants which go to make a thing to serve as money.

APPLY PRINCIPLES OF BANKING LAW PRACTISE

Banking law practice is a specialized area of law that focuses on the legal aspects of banking and financial institutions. Lawyers in this field advise banks, credit unions, and other financial institutions on a variety of issues, including:

  • Regulations: Banks and other financial institutions must comply with a complex set of laws and regulations. Banking law attorneys help ensure their clients are following these rules, which can involve federal laws like Dodd-Frank Wall Street Reform and Consumer Protection Act, or state-specific regulations.
  • Transactions: Banking lawyers are involved in a wide range of financial transactions, such as loans, mergers and acquisitions, and securities offerings. They draft and review contracts, negotiate terms, and ensure compliance with all applicable laws.
  • Consumer protection: Banking law also includes consumer protection laws, such as those related to fair lending practices and debt collection.