TWINTECH COLLEGE SARAWAK BRANCH -------------------------------------------------------------------------------------------------------------------------------------------------------------------- Nama Program Pengajian Universiti Rakan Kerjasama : : Diploma(Pengurusan Teknologi/Perakaunan) Universiti Teknologi Malaysia NAMA MATA PELAJARAN INTRODUCTION TO MACROECONOMICS KOD MATA PELAJARAN DDG 1423 TARAF MATA PELAJARAN Major JAM KREDIT 3 JAM KONTAK 3 hours lecture PERINGKAT Diploma SEMESTER & TAHUN DIAJAR Semester 2 & Tahun 1 PRASYARAT (SEKIRANYA ADA) - KAEDAH PENYAMPAIAN / PENGENDALIAN - SISTEM PENILAIAN DAN PECAHAN MARKAH Test 1 Test 2 Assignments Quizzes Final Exam 10 % 10 % 10 % 10 % 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. GURU YANG MENGAJAR - OBJEKTIF MATA PELAJARAN 1. 2. 3. To build basic understanding of macroeconomics to serve as a basic to other courses. To build students abilities in applying microeconomics and macroeconomics knowledge with other knowledge in making decision. To expose the students to macroeconomics theories to help them understand the current economic situations. SINOPSIS MATA PELAJARAN This course introduces students to the basic concepts of macroeconomics. These concepts involve national income accounting, uses and limitation of national income statistics, consumption theory, investment theory, the determination of national income equilibrium, money and banking, monetary policy, fiscal policy, national budget and debt, inflation, unemployment, international trade, balance of payment and exchange rate. LEARNING OUTCOMES By the end of the course, students should be able to: 1. Independently acquire a basic understanding of macroeconomic theory 2. Obtain the economics foundation required to facilitate their continued studies in economics and business-related disciplines 3. Apply the knowledge in analyzing and understanding some current economic situations GENERIC SKILLS ADDRESSED 1. 2. 3. 4. Lifelong learning Communication skills Team working Self-esteem SUMBER RUJUKAN UTAMA 1. 2. SUMBER RUJUKAN TAMBAHAN 1. 2. 3. 4. LAIN-LAIN SUMBER RUJUKAN Sadono Sukirno (2003). Makro Ekonomi Teks dan Ulangkaji. Kuala Lumpur; Aneka Publishing. Case, Karl E. and Fair, Ray C. (2004), Principles of Economics, Prentice Hall, New Jersey McConnel, Campbel R. & Brue, Stanley L. (2002), Economics, McGraw Hill, New York Rosnah Mohamad Sirin, Teori Makroekonomi, UTM Sadono Sukirno (2003), Makro Ekonomi Teks dan Ulangkaji, Aneka Publishing, KL Sloman, John & Norris, Keith (2005), Principles of Economics, Pearson, Australia Any applicable references. TAJUK MATA PELAJARAN DAN NILAI JAM KONTAK TAJUK MATAPELAJARAN JAM KULIAH JAM TUTORIAL JAM PRAKTIKAL INTRODUCTION TO MACROECONOMICS Objectives and policies Circular flows of income Open and close economy 3 - - NATIONAL INCOME ACCOUNTING The income method, the output method & the expenditure method Difficulties of national income measurement Uses of national income statistics Comparison of national income over time 5 - - CONSUMPTION AND SAVINGS Consumption and savings functions Determinants of consumption and savings The relationship between consumption and savings 3 - - INVESTMENT Investment demand Determinants of investment Accelerator theory 4 - - NATIONAL INCOME DETERMINATION Two, three and four sector economy Income and expenditure approach Withdrawal and injection approach Changes in national income equilibrium The multiplier Full employment national income, inflationary gap and deflationary gap 4 - - FISCAL POLICY AND OUTPUT DETERMINATION Government expenditure and multiplier Taxes and multiplier The determination of equilibrium output 3 - - TAXES AND GOVERNMENT BUDGET Structure, burden, types and effects of taxes Taxation in Malaysia Government budget 3 - - MONEY Barter system Functions of money The quantity theory of money The theory of cash balances Keynesian theory of money Money market equilibrium Changes in money supply and economic activities 4 - - BANKING Functions of commercial banks Credit creation Functions of central bank The differences between commercial and central banks Monetary policy 4 - - INFLATION Price indexes Types of inflation Effects of inflation Anti inflationary measures 3 - - INTERNATIONAL TRADE Basis for trade Principle of absolute and comparative advantage Terms of trade Trade restrictions Arguments for restrictions 3 - - BALANCE OF PAYMENT AND EXCHANGE RATE Balance of payment account Disequilibrium in balance of payment Exchange rate 3 - - JUMLAH JAM KULIAH KURSUS (14 MINGGU) 42 - - JUMLAH JAM KREDIT (14 MINGGU) 3.0 - - Date Reviewed By Approved By Revision 05
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