KOLEJ ISLAM JOHOR - UiTM

LESSON PLAN
COURSE NAME COURSE CODE STATUS CREDIT HOUR CONTACT HOURS PREREQUISIT E LECTURER TELEPHONE OBJECTIVES
Microeconomics ECO 162 Core 3 4 Tiada Cik Azura Binti Ab Rahim(Bachelor of Economics, Hons. UIAM 2007 012-2499502 At the end of this subject, students are expected: 1. Understand the Fundamental microeconomics principles and concepts 2. Apply fundamental principles and concepts on microeconomic problem 3. Analyze simple microeconomics issues TOPICS Introduction 1. Definition of Economics 2. Economics Concepts (PPC) 3. Basic economic problems 4. Different economics systems including Islamic economic system Demand and Supply 1.Definition of demand, law of demand, individual demand and market demand 2.Determinants of demand 3.Exceptional demand 4.Change in quantity demanded and change in demand 5.Definition of supply, law of supply, individual and market supply 6.Determinants of supply 7.Exceptional supply 8.Change in quantity supplied and change in supply 9.Demand and supply from Islamic perspective COURSEWORK

NO

WEEK

REFERENCE S
Manual book UiTm & Dewiga

12

QUIZ 1 & ASSIGN 1

34

QUIZ 2 & ASSIGN 2

Manual book UiTm & Dewiga

DIPLOMA PENGURUSAN PERNIAGAAN DIPLOMA PERAKAUNAN UiTM

ECO 162 SESI JUN-OCT 2012

6-7

9 10

11-13

14

ASSESSMENT

PRESCRIBED TEXT ADDITIONAL REFERENCES

KOLEJ ISLAM JOHOR - UiTM Elasticity 1. Elasticity of demand Manual book QUIZ 3 - Price elasticity of demand UiTm & & - Income elasticity of demand ASSIGN 3 Dewiga - Cross elasticity of demand 2. Elasticity of supply Market Equilibrium 1. Determination of equilibrium price and output Manual book 2. Changes in equilibrium price and output TEST 1 UiTm & 3. Government intervention in the market 19/7/12 Dewiga - Maximum and minimum price - Taxes and subsidies 4. Price control from Islamic perspectives Theory of Consumer Behavior 1. Ordinal approach Manual book - Budget line UiTm & - Indifference curve Dewiga - Consumer equilibrium Production and cost theory 1.Short run production 2.Law of diminishing marginal returns Manual book QUIZ 4 3.Stage of production UiTm & & 4.Short run costs ASSIGN 4 Dewiga 5.Long run average costs - Economies of scale - Diseconomies of scale Theory of the firm and market structures 1. Profit maximization: total and marginal Manual book approach TEST 2 UiTm & 2. Perfect competition 6/9/12 3. Monopoly Dewiga 4. Monopolistic competition 5. Oligopoly The Theory of Distribution Manual book 1.Wage determination (Perfect competition) QUIZ 5 UiTm & 2.Rent & 3.Profit ASSIGN 5 Dewiga 4.Interest TEST 1 10% TEST 2 10% QUIZ 10% ASSIGNMENT 10% 1.Slavin, Stephen L. Economics, International Edition, Mc Graw Hill (2007) 2.Dewiga, Principles of Economic 1. Begg. D, Fisher. S and Dornbusch. R, Economic Edition, Mc Graw Hill (2004) 2.John Sloman, Economics Sixth Edition, Prentice Hall, Edinburgh, 2006

Note: Attendance must be more than 80%

DIPLOMA PENGURUSAN PERNIAGAAN DIPLOMA PERAKAUNAN UiTM ECO 162 SESI JUN-OCT 2012

PREPARED BY: (..) () AZURA BINTI AB RAHIM UiTM

KOLEJ ISLAM JOHOR - UiTM CHECKED BY:

KETUA

PROGRAM

DIPLOMA PENGURUSAN PERNIAGAAN DIPLOMA PERAKAUNAN UiTM

ECO 162 SESI JUN-OCT 2012