Managerial Economics 2 Course of BBA at University of Malaya
Faculty of Business and Accountancy University of Malaya
Faculty : Business and Accountancy
Department : Finance and Banking
Programme of Study : Bachelor of Business Administration
Bachelor of Accounting
Course Code : CBEB1108
Course Title : Managerial Economics 2
Credit Hours : 3
Course Prerequisite(s) / None
Minimum Requirement(s) :
Learning Outcomes : At the end this course, students should be able to:
1. Identify the discipline of macroeconomics and, using an approach
combining theory, graphs and practical applications.
2. Identify the basic principles of macroeconomics such as the
relationship between economic sectors and the workings of the overall
economy using Malaysian examples.
3. Explain how the government uses various policies such fiscal or
monetary in solving economic problems of the nation.
4. Apply basic models of income determination for an open and closed
economy, and theories explaining the relationship between government
expenditure and taxes.
5. Analyze macroeconomics concepts such as growth, unemployment,
inflation, and be able to explain the ways in which the federal
government and the central bank can influence the economy and the
markets through fiscal and monetary policies.
6. Determine the factors that affect government’s fiscal and monetary
policies as well as the differences between Classical and Keynesian
approaches.
Synopsis of Course Contents : This course will expose students to macroeconomic issues and problems
and concepts of basic measurements and calculation of a country’s
economic progress. Students will also be exposed to basic models of
income determination for an open and closed economy, and theories
explaining the relationship between government expenditure and taxes.
Assessment : Continuous Assessment: 50%
Final Examination : 50%