-------------------------------------------------------------------------------------------------------------------------------------------------------------------- Programme Name / Nama Program Pengajian : Diploma Pengurusan Teknologi / Perakaunan : Universiti Teknologi Malaysia Partner University / Universiti Rakan Kerjasama COURSE NAME / NAMA KURSUS INTRODUCTION TO MICROECONOMICS COURSE CODE / KOD KURSUS DDG 1413 COURSE LEVEL / TARAF KURSUS Major TOTAL STUDENT LEARNING TIME / JUMLAH PEMBELAJARAN PELAJAR Face to Face L = LECTURE / KULIAH T = TUTORIAL P = PRACTICAL / PRAKTIKAL O = OTHERS / LAIN-LAIN Total Guided and Independent Learning L T P O 42 hours 0 0 78 hours 120 hours CREDIT HOURS / JAM KREDIT 3 CONTACT HOURS / JAM KONTAK 3 hours lecture LEVEL / PERINGKAT Diploma SEMESTER & YEAR / SEMESTER & TAHUN DIAJAR Semester 1 & Year 1 PREREQUISITE (IF ANY) / PRASYARAT (SEKIRANYA ADA) - METHODS OF DELIVERY / KAEDAH PENYAMPAIAN / PENGENDALIAN Lecture and Discussion, Co-operative Learning, Independent Study, Individual/ Group Assignment ASSESSMENT MARK / SISTEM PENILAIAN DAN PECAHAN MARKAH Assessment Methods Marks (%) Test 1 10 Test 2 10 Group Assignment 10 Quiz 10 Final Examination 60 An 80% of attendance is required for the course registered. If you failed to meet the requirement, you are not allowed to sit for the final exam. MAPPING OF THE COURSE OR MODULE TO THE PROGRAMME LEARNING OUTCOMES / PEMETAAN HASIL PEMBELAJARAN KURSUS KEPADA HASIL PEMBELAJARAN PROGRAM Course Learning Outcomes 1. Define the basic concept of economics theories and recognize the economic problems. Programme Learning Outcomes PO1 PO2 PO3 PO5 PO6 / 2. Determine the demand, supply, elasticity, production, costs and calculate. / 3. Differentiate between the budget line, indifference curve, isocost and isoquant, consumer and producer equilibrium. / / 4. Differentiate and determine market structure: perfect competition, a monopoly, monopolistic competition and oligopoly market. / / 5. Acquire and manage relevant information from various sources as well as accept new ideas. PO4 / LECTURER / GURU YANG MENGAJAR COURSE OBJECTIVE / OBJEKTIF KURSUS - COURSE SYNOPSIS / SINOPSIS KURSUS This course is designed to expose students to the basic concept of economics. This 3-credit subject will consist of both theories and concepts in microeconomics. It will emphasize on the basic human problems as well as basic economic problems. It will discuss on theory of demand, theory of supply, elasticity of demand and supply, market equilibrium, theory of consumer behaviour, theory of production and cost of production, market structures: perfect competition, monopoly market, monopolistic market and oligopoly market. GENERIC SKILLS ADDRESSED / KEMAHIRAN GENERIK 1. 2. 3. 4. 5. 6. Lifelong learning Communication skills Team working Ethics Problem solving Self-esteem MAIN REFERENCE / SUMBER RUJUKAN UTAMA 1. 2. Rosnah Mohamad Sirin, Mikroekonomi, Modul Pengajaran UTM Heng Siew Ngu, Md Zyadi Md Tahir, 2007, teks Pre-U STPM Mikroekonomi, Longman Pearson Karl E. Case and Ray C. Fair, Economics, 7th Edition, Pearson Prentice Hall Michael Parkin, Economics 6th edition, Pearson Prentice Hall 3. 4. ADDITIONAL REFERENCE / SUMBER RUJUKAN TAMBAHAN 1. OTHER REFERENCE / LAINLAIN SUMBER RUJUKAN Any applicable references 2. Robin Bade Michael Parkin, Foundation Of Microeconomics, 2002 Pearson Prentice Hall Ahmad Mahzan Ayub, Teori Mikroekonomi, Dewan Bahasa dan Pustaka COURSE NAME AND CONTACT HOURS / TAJUK KURSUS DAN NILAI JAM KONTAK COURSE TITLE / TAJUK KURSUS LECTURE HOURS / JAM KULIAH TUTORIAL HOURS / JAM TUTORIAL PRACTICAL HOURS / JAM PRAKTIKAL 3 - - 3 - - 3.0 THEORY OF SUPPLY 3.1 Supply, law of supply, factors determine supply 3.2 Market supply 3.3 Elasticity of demand and calculation 3.4 Elasticity of supply and calculation 3 - - 4.0 4.1 4.2 4.3 MARKET EQUILIBRIUM Factors changes the market equilibrium Government intervention in the market prices Ceiling and floor prices, effects of taxes, subsidies and buffer stock prices 4.4 Effects of taxes, subsidies and buffer stock on prices 3 - - 5.0 THEORY OF CONSUMER BEHAVIOUR 5.1 Utility – Cardinal and Ordinal approach 5.2 Budget line, indifference curve 5.3 PCC, ICC 5.4 Substitution and income effects 5.5 Consumer equilibrium 6 - - 6.0 6.1 6.2 6.3 6.4 6.5 6.6 6.7 7.0 7.1 7.2 7.3 7.4 7.5 THEORY OF PRODUCTION Technology of production Production with one variable input Producer equilibrium Production with two variables input Producer equilibrium Return to scale Economies of scope COST OF PRODUCTION Measuring cost Short run cost and long run cost Cost maximization and output maximization Expansion path, economies of scope Break even analysis 6 - - 6 - - 8.0 PERFECT COMPETITION MARKET 8.1 Perfect competition and characteristics 8.2 Profit maximization in short and long run 8.3 Short run supply curve and industry supply curve 3 - - 9.0 MONOPOLY MARKET 9.1 Characteristics 9.2 Pure monopoly 9.3 Short run and long run equilibrium 9.4 Price discrimination monopoly 9.5 Advantages and disadvantages of monopoly and price discrimination 9.6 Government intervention to reduce the power of monopoly 3 - - 1.1 INTRODUCTION 1.1 Define economics 1.2 Distinguish between microeconomics and macroeconomics, positive and normative economics, economics system 1.3 Using the production possibilities curve to illustrate economics problem, human problem and opportunity cost 2.0 THEORY OF DEMAND 2.1 Demand, law of demand, factors determine demand 2.2 Relationship between demand and utility and total revenue 2.3 Types of demand curve 2.4 Market demand 10.0 MONOPOLISTIC MARKET 10.1 Chamberlin Model & Kinked demand curve 10.2 Profit maximization 3 - - 11.0 OLIGOPOLY MARKET 11.1 Sweezy model 11.2 Price leadership 11.3 Cartel 3 - - 42 - - TOTAL LECTURE HOURS (14 WEEKS) / JUMLAH JAM KULIAH KURSUS (14 MINGGU) TOTAL CREDIT HOURS (14 WEEKS) / JUMLAH JAM KREDIT (14 MINGGU) Date 05/01/2011 Reviewed By 3.0 Approved By Revision 13
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