Bachelor of Economics (Hons) (Analytical Economics)
Program Educational Objectives
1.
To develop competent economic graduates well-trained in economic principles, theory
and analytical skills so that they are able to apply them to the real world.
2.
To produce broad-minded economic graduates who are able to manage well in human
relations and in any economic conditions.
Program Outcomes
PO1
PO2
PO3
PO4
PO5
PO6
PO7
PO8
Ability to apply fundamental economic skills and techniques in various economic
conditions.
Ability to demonstrate knowledge and competency in the specialised areas of
economics.
Ability to identify problems and find solutions based on a systematic and scientific
approach.
Ability to communicate effectively.
Ability to understand strategic dimension of economics and provide recommendations
to various economic issues.
Ability to work effectively as an ethical individual, and as a member/leader in a team.
Ability to develop an analytical mind and enthusiasm towards lifelong learning.
Ability to demonstrate social, cultural, global and environmental awareness.
Selected Subjects
Subjects
Short Descriptions
Microeconomics
An introduction to the microeconomics key concepts and theories through
a discourse on the demand and supply, the market structure, the rationale
of government interventions and international trade.
Macroeconomics
A fundamental analysis of modern market economics using primarily
neo-classical and Keynesian theory. Students will study how the
performance of an economy is measured, the impact of government
interventions through fiscal and monetary policies on aggregate demand
and aggregate supply, as well as how trade openness affect an economy.
A detailed understanding about the economic climate, policies and
challenges faced by Malaysia.
An intermediate discourse on microeconomic theories underlying the
economic behaviour of individual consumers, firms and markets by
utilizing various microeconomic models to meet optimisation.
A intermediate level of theoretical, but empirically grounded, framework
for thinking about major macroeconomic issues such as unemployment
fluctuations, inflation, debts and deficits in the context of a globally
integrated economy; and the consensus view of macroeconomics, modern
ideas of dynamics and growth theory.
A fundamental course to construct, estimate and analyse economic
models, to develop a critical understanding of the problems and
limitations of the methods discussed, and to enhance the familiarity in
using the computer-based databases and statistical and econometrics
packages.
Malaysian
Economy
Intermediate
Microeconomics
Intermediate
Macroeconomics
Econometrics 1
Subjects
Short Descriptions
Econometrics II
An intermediate course in economics, mathematical and statistical tools
to econometric analysis thorough critical estimation and testing of
econometric models to solve economic problems. An intensive hands-on
of computer-based databases and econometric packages is embedded in
this course to increase students’ proficiencies in econometrics theory and
applications.
An introduction of various aspects of the knowledge based economy in a
competitive globalised world.
Development of knowledge and skills in research methodology required
to solve business problems.
This is the first part of a research project designed to enhance students’
analytical and critical assessment of economic issues. Students will be
able to identify the research problem, carry out a systematic survey of
literature, form the theoretical background and develop a empirical model
to analyse their study.
This is the second part of a research project designed to enhance students’
analytical and critical assessment of economic issues. Students will
proceed to identify and apply appropriate analytical and econometric
techniques to solve the research problem, analyse and interpret results,
derive conclusions and recommendations.
An application of multivariate techniques to solve economic and business
issues.
A fundamental discourse on financing economic activities through the
financial market.
Knowledge
Economy
Research
Methodology
Research Project
1
Research Project
2
Multivariate Data
Analysis
Financial
Economics
Project Cycle &
Evaluation
Industrial
Training
An identification of the viability of a project by examining its input,
demand, management strategy, and financial feasibility.
An exposure to the real working environment, to gain relevant working
experience, to enhance knowledge and skills beyond that of formal
classroom setting, and to establish strong contacts with the industry for
future employment opportunities.
Money and
Banking
A comprehensive understanding on the role of money, the roles and
function of central bank and other financial institutions, and the
importance of money and banking in economy.
The utilizing secondary data (historical time series) for economic and
business decision through accurate forecasting.
Forecasting
Comparative
Economics
A fundamental understanding of the world economic systems by taking
into account the history, social, technology and cultural factors that
influence the evolution of an economy
Business
Modelling and
Simulation
Econometrics
Modelling
A fundamental simulation and business modeling on various business
environment to make sound recommendations and decision.
A construction, estimation and analysis of dynamic econometric models
to enhance students’ ability in using computer-based databases and
statistical and econometrics packages.
Subjects
Short Descriptions
Principles of
Operation
Research
Seminar in
Analytical
Economics
Job Prospects
An introduction to operations research (OR) in decision-making, as well
as identification and application of appropriate OR technique to solve a
variety of economic problems.
An analysis of contemporary economic issues to enhance analytical
ability, to identify and solve economic issues.
Economists conduct research, collect and analyse data, handles projects, monitor economic
conditions and develop forecasts. Thus, many of our graduates are engaged in the banking,
insurance, finance, manufacturing, education, consultancy, health, tourism, shipping, transport
and investment sectors.
Many of our graduates are now successful managers, entrepreneurs, financial analyst,
planners, adjustors, consultants, administrators, researchers and academicians.