MALAYSIAN ECONOMICS

About this Course

The course discusses situation and performance of Malaysian economics since independence, including the development of every economic sector, structural change of the economy, social economic problems and issues. it also focuses on importance and impact of foreign sector and globalization on Malaysian economy.

Course Learning Outcomes

1) Explain the background and performance of Malaysian economics in various economic sectors.
2) Demonstrate the ability to communicate the information, issues, ideas, and problems related to Malaysian economics.
3) Demonstrate students independent learning skills in collecting, retrieving, and analyzing data and information regarding Malaysian economics.

Course Syllabus

+ Course Syllabus

1) BACKGROUND AND INTRODUCTION TO MALAYSIAN ECONOMY
1.1 Malaysian Economic Growth and Economic Development
1.1.1 Performance of Malaysian Economy
1.1.2 Structural Change of Malaysian Economy
1.2 Factors of Growth

2) BACKGROUND OF MALAYSIAN ECONOMIC DEVELOPMENT
2.1 Overview of Few Economic Development Policies
2.1.1 Short Term, Medium Term and Long Term Policies
2.1.2 NEP, NDP, NVP and NEM
2.1.3 Other Policies

3) SOCIAL ECONOMIC ISSUES
3.1 Poverty
3.1.1 Overview and Phases of Poverty in Malaysia
3.1.2 Causes and Measures to Solve
3.2 Education and Human Capital
3.2.1 Importance and Problems
3.2.2 Human Capital Development Policy
3.2.3 Local and Foreign Labour
3.2.3.1 Contribution and Problems


4) PRIMARY SECTOR
4.1 Contributions 
4.2 Problems and Challenges
4.3 Development of Primary Sector
4.3.1 Phases of Primary Sector
4.3.2 Overview of Agriculture Policy
4.3.3 Old Agriculture vs New Agriculture

5) SECONDARY SECTOR
5.1 Contributions
5.2 Problems and Challenges
5.3 Development of Secondary Sector
5.3.1 Phases of Industrial Sector
5.3.2 Industrialization and Deindustrialization
5.3.3 Industrial Revolution 4.0
5.3.3.1 Overview and Challenges
5.3.4 Overview of Industrial Master Plan

6) TERTIARY SECTOR
6.1 Public Sector
6.1.1 Background and Trend of Government Budget
6.1.2 Public Finance Reform
6.2 Private Sector 
6.2.1 Tourism Sector
6.2.1.1 Contribution and Importance
6.2.1.2 Strategies and Activities
6.2.2 Banking and Finance
6.2.2.1 Contribution and Importance
6.2.2.2 Evolution of the Malaysian Financial Sector


7) FOREIGN SECTOR
7.1 Contribution
7.2 Impact of Globalization
7.3 Overview of Malaysian Trade Balance
7.4 Overview of Malaysian Exchange Rate

Frequently Asked Questions

Q1 : What is the meaning of economic development
A1 : Economic development is the Improvement in economic growth accompanied by changes in socio-economic, political and enhancement in science and technology.