Course Syllabus
Introduction to Economics
1.1) Definitions, classification of Microeconomics and Macroeconomics.
1.2) Basic economics problems.
Demand, supply and Market Equilibrium
2.1) Definitions, laws, factors, effecting demand and supply, price elasticity of supply and demand.
2.2) Price determination /equilibrium, price fluctuations
Market Structure
3.1) Types, characteristics and performance of market structures – (Perfect competition, monopolistic competition, oligopoly and pure economics)
3.2) Advantages and disadvantages.
Monetary Economics (Money and Banking System)
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.
The Construction Industry and the Economy
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.
1.1) Definitions, classification of Microeconomics and Macroeconomics.
1.2) Basic economics problems.
Demand, supply and Market Equilibrium
2.1) Definitions, laws, factors, effecting demand and supply, price elasticity of supply and demand.
2.2) Price determination /equilibrium, price fluctuations
Market Structure
3.1) Types, characteristics and performance of market structures – (Perfect competition, monopolistic competition, oligopoly and pure economics)
3.2) Advantages and disadvantages.
Monetary Economics (Money and Banking System)
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.
The Construction Industry and the Economy
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.
Frequently Asked Questions
Q1 : Does this course has final examination?
A1 : Yes. Final assessment consist of 60% for the final marks.
A1 : Yes. Final assessment consist of 60% for the final marks.