Current Economic Issues in Malaysia

Code

ECON1052

School

Economics

Level

1

Credits

10

Semesters

Autumn Malaysia

Summary

This module focuses on a range of current issues facing the Malaysian economy, seeks to illustrate how economists model such issues, and examines potential policy responses.  Example topics to be covered are:

1.  Structure of Malaysian economy

2.  Trade and industrial policies

3.  Monetary and exchange rate policies

4.  Middle income trap

5.  Budget deficit and debt

6.  Subsidy rationalization and GST

Target Students

Priority will be given to School of Economics students

Classes

• One 1-hour tutorial each week for 3 weeks
• One 2-hour lecture each week for 10 weeks

Assessment

• 25% Coursework 1: Group Presentation
• 25% Coursework 2: Group Essay
• 50% Exam 1 (1-hour)

Assessed by end of autumn semester

Educational Aims

Learning Outcomes

On completing this module, the learning outcomes are such that students will be able to:

Knowledge and Understanding

• A2 Apply core eonomic theory and economic reasoning to applied topics
• A3 Show understanding of analytical methods, both theory-and model-based.
• A4 Demonstrate understanding of verbal, graphical, mathematical and econometric representation of economic ideas and analysis, including the relationship between them.
• A6 Discuss and analyse government policy.

Intellectual Skills:

• B2 work with abstract concepts and in a context of generality
• B3 reason logically and work analytically
• B5 Understand the context in which a problem is to be addressed

Professional/Practical Skills:

• C1 develop appropriate economic models
• C2 select and apply appropriate techniques to solve problems
• C3 justify conclusions using economic arguments with appropriate rigour.

Transferable Skills:

• D1 apply mathematical, statistical and graphical techniques in an appropriate manner
• D2 communicate effectively and clearly in written and oral formats

Conveners

• Dr Wing Leong Teo