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Economics is the social science that analyzes the production, distribution, and consumption of goods and services.

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LECTURER

En. Amir Bin Jusoh

Lecturer of Economics

B.Ec (Hons) UUM

Dip. Ed UiAM

sebarang pertanyaan sila
email ke
amir@kpmbp.edu.my

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Monday, 28 May 2012

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Microeconomics

CONTENTS

Chapter 1: INTRODUCTION
Economics Issues

1.1 Definition of economics
1.2 Positive and Normative economy statement
1.3 Basic Economy Concepts
1.4 Basic Economy Problems (Fundamental)
1.5 Factors of Production
1.6 Production Possibility Curve
1.7 economy systems
@ Example of final exam questions

Chapter 2: PRICING THEORIES

2.1 Demand
2.2 Determinant of demand
2.3 Change in demanded and Change in quantity demanded
2.4 Supply
2.5 Determinant of Supply
2.6 Change in Supply and Quantity Supplied
2.7 Price Determination
2.8 Price Regulation
2.9 Elasticity of Demand
@ Example Final exam

Chapter 3 : PRODUCTION

3.1 Definition of Production
3.2 Factors of production
3.3 Short run and Long run period
3.4 Types of Production
3.5 Law of diminishing marginal return
3.6 Cost of Production
3.7 Relationship between MC and AC
3.8 Revenue

Chapter 4 : Market Structure

4.1 Introduction
4.2 Characteristics Perfect Competiton Market
4.3 Profit in Perfect Competiton Market
4.4
4.5
4.6
4.7
4.8
4.9

5.0

Macroeconomics

CONTENTS

. Chapter 1: NATIONAL INCOME

1.1 Basic Macroeconomics concepts
1.2 The Circular flow of income and expenditure
1.3 Injection and withdrawal/leakages
1.4 Method of measuring national income
Example Multiple Choice Question

Chapter 2: DETERMINATION OF NATIONAL INCOME EQUILIBRIUM

2.1 Aggregate demand (AD) and aggregate supply (AS)
2.2 Concepts equilibrium of National Income
2.3 Consumption Theory
2.4 Saving Theory
2.5 Investment theory
Example Questions

Chapter 3: INFLATION

3.1 Inflation rates
3.2 Typed of inflation
3.3 Effects of inflation
3.4 Remedies/ Ways to control inflation

Chapter 4: UNEMPLOYMENT

4.1 Unemployment Rate
4.2 Types of unemployment
4.3 Costs of unemployment
4.4 Policies to reduce unemployment

Chapter 5: GLOBAL ENVIRONMENT/ INTERNATIONAL TRADE

5.1 Definition of International trade
5.2 Importance of international trade
5.3 Advantages of international trade.
5.4 Disadvantages of international trade.
5.5 Absolute advantages
5.6 Comparative advantages
5.7 Protectionism of international trade
5.8 Reasons of protectionism
5.9 The Balance Of Payments
5.10 Policy to reduce BOP deficit
Example Multiple Choice Questions
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