Overview
An introduction to the study of economics; consumer behaviour; demand and supply and the operation of markets; market efficiency and welfare; welfare effects of international trade; public sector economics; the behaviour of firms and the organisation of an industry; market structures - perfect competition and monopoly; economies of the labour … For more content click the Read More button below.
Offerings
OCT-MY-01-MALAYSIA-ON-CAMPUS
S1-01-MALAYSIA-ON-CAMPUS
S2-01-MALAYSIA-ON-CAMPUS
Requisites
Prohibition
Contacts
Chief Examiner(s)
Dr Pauline Khoo Poh Ching
Dr Lilian Chan
Associate Professor Grace Lee
Notes
IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.
Learning outcomes
On successful completion of this unit, you should be able to:
1.
understand the theoretical foundations of economics
2.
understand generic skills essential for progression to upper level units by applying rigorous thinking and understanding to analytical geometric models
3.
appreciate economics as an evolutionary science and its ability to address, in a microeconomic framework, the persistent social and economic problems confronted by society
4.
demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in this unit.
Assessment
1 - Within semester assessment
2 - Examination
Workload requirements
Workload