1.1) Definitions, classification of Microeconomics and Macroeconomics.
1.2) Basic economics problems.

2.1) Definitions, laws, factors, effecting demand and supply, price elasticity of supply and demand.
2.2) Price determination /equilibrium, price fluctuations

3.1) Types, characteristics and performance of market structures – (Perfect competition, monopolistic competition, oligopoly and pure economics)
3.2) Advantages and disadvantages.

4.1) Money
4.2) Definition, function and types of money
4.3) Barter trade, consumer price index,
4.4) Definition, concepts, types, causes and effects of Inflation.
4.5) Control of inflation.
4.6) ii) Banking
4.7) Classification of Banks;
4.8) Principles, functions and operation of Central Bank
4.9) Commercial Bank; Merchant Bank.
4.10) Islamic Banking system & Principles.
4.11) Non Bank Financial Institution; Finance company, Insurance company.

5.1) Overview of the Malaysian construction industry.
5.2) Importance of the construction industry to the national economy.
5.3) The role of development and its contributions to the national economy.

A1 : Yes. Final assessment consist of 60% for the final marks.