This note aims at
exposing learners to the economics of cooperative and how cooperatives are
organized. Topics covered includes: Cooperative Concepts, Explanation of
Cooperative Terminologies, Promotional motives of Cooperative Business
Enterprises, The Need for Individuals with Similar Problems to Come together
to Form a Cooperative, Conditions under which a Cooperative can Perform
Effectively, Effects or Influences of Cooperative on Members and the General
Public, Explanation or Definition on the Terms Groups, SubGroups and
Bandwagon Effects in a Cooperative and how to Minimise Existing Conflicts
between Groups, Sources of Capital in Cooperatives, Classification of
Cooperative, Types of Cooperative Societies, their Functions and Assessment
of the Correctness of Available Classification.
The objective of
this book to familiarize the students with the basic concepts of economics
such as Demand, Supply, Goods, Utility and enable the students to understand
basic theories, Principles and laws relating to Consumption, Production and
Distribution.