COURSE INFORMATION FOR CURRENT

SEMESTER/TERM
Academic Session

2015/2016

Semester/Term

Course Code

EXEE1302

Course Title

PRINCIPLES OF ECONOMICS

Credit

Medium of Instruction

English

Course Pre-requisite(s)/
Minimum Requirement(s)

None

Main Reference

1) Case, karl E, Fair, Ray C & Oster, Sharon, 2014. Principles of

Economics, 11/E, Prentice Hall.
2) Bade, Robin & Parkin, Michael, 2015. Foundations of Economics, 7/E,
Pearson.
3) Mankiw, Gregory, 2015. Principles of Economics, 7/E, Cengage
Learning.

Teaching Materials/
Equipment

Slides / LCD

Learning Strategies

Lectures, tutorials

Student Learning Time

133 hrs
Face to face: 40 hrs
(lectures, tutorials)
Guided learning: 23 hrs
(preparation for tutorial and assignments)
Independent learning: 60 hrs
(preparation for lectures and tutorials, tests, and final examination)
Assessment: 10 hrs
(assignments, tests, and final examination )

Soft Skills

CS: CS1 CS3

CT: CT1 CT3

Lecturer

Dr. Zarinah Yusof

Room
Telephone/e-mail

C35
03-7967 3609 zarinahy3@gmail.com

Lecture Session:
Day/Time
Venue

Tuesday /3.00-4.50pm
BSP0-2

Tutorial/Practical Session:
Day/Time
Venue

Tuesday/10-10.50 & 11.00-11.50am

BSP1-6

Important Dates

Final examination

UM-PT01-PK03-BR004(BI)-S04

COURSE INFORMATION FOR CURRENT

SEMESTER/TERM
Teaching Schedule
Week
1

Lecture/Tutorial/Assignment Topic
Microeconomics, Macroeconomics and Economic Problem
Chap 1: The Scope and method of economics

References/Teaching
Materials/Equipment
Case, Fair & Oster

Chap 2: the economic problem: scarcity and choice

Demand and Supply

Case, Fair & Oster

Chap 3: Demand, supply and market equilibrium

Market Equilibrium
Chap 3: Demand, supply and market equilibrium

Elasticities of Demand and Supply

Case, Fair & Oster

Tutorial

Chap 5: Elasticity

Consumer Choice Theory

Chap 6: Household behavior and consumer choice

Production and Cost

Chap 7: The production process: the behavior of profit-maximizing firms

Perfect Competition and Monopoly

Chap 12: General equilibrium and the efficiency of perfect competition
Chap 13: Monopoly and antitrust policy

8*

Monopolistic Competition and Oligopoly

Chap 14: Oligopoly
Chap 15: Monopolistic competition

Gross Domestic Product and the Standard of Living

Chap 21: Measuring national output and national income

10

The Consumer Price Index and the Cost of Living

Chap 22: Unemployment, inflation and long-run growth

11

Unemployment and Economic Growth

Chap 22: Unemployment, inflation and long-run growth

12

The Monetary System

Chap 25: The money supply and the Federal Reserve system

13

14

Aggregate Demand, Aggregate Supply and Business Cycle

Chap 27: The determination of agg. Output, the price level, and the
interest rate

Fiscal Policy and Monetary Policy

Chap 24: The government and fiscal policy
Chap 25: The money supply and the Federal Reserve system

UM-PT01-PK03-BR004(BI)-S04

Case, Fair & Oster

Tutorial

Case, Fair & Oster

Tutorial
Case, Fair & Oster
Tutorial
Case, Fair & Oster
Tutorial

Case, Fair & Oster

Tutorial
Case, Fair & Oster
Tutorial
Case, Fair & Oster
Tutorial
Case, Fair & Oster
Tutorial
Case, Fair & Oster
Tutorial
Case, Fair & Oster
Tutorial
Case, Fair & Oster
Tutorial