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COURSE CURRICULUM DESIGN AND INSTRUCTIONAL PLAN
Faculty Department Semester Session Course Name Course Code Credit Hour Prerequisite : : : : : : : : Management and Economics Economics 1 2013/ 2014 Microeconomics PET3023 3 Principle of Economics (PET3013)

LECTURER’S INFORMATION: Name E-mail Telephone No. Room No. : : : : Azila binti Abdul Razak azila@fpe.upsi.edu.my 015-48117609/ 019-4781213 PY58, Blok 10, Sultan Azlan Shah Campus, Sultan Idris Education University

(For a prerequisite course, students must pass before enrolling in the more advanced course) COURSE SYNOPSIS: The course discusses about theory and application regarding consumer and producer behavior; production and cost, market structures; input price determination and general equilibrium.

RATIONAL OF THE COURSE: To increase students' skills in assessing and finding solutions to economic problems through theoretical knowledge.

LEARNING OUTCOMES: 1. 2. 3. To analyse microeconomic problems using economic theories. (C3) To apply ICT and e-learning in teaching and learning process. (P3, LL2) To evaluate and give effective response towards current issues related to microeconomic field. (A3, CT3)

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(2009). and Zupan. ADDITIONAL REFERENCES: Pindyck. P. To exhibit values. SOFT SKILLS EMBEDDED Activity / SS Lecture Tutorial Individual Assignment Group Assignment Mid-term Examination Indicators: CS – Communication Skills CT – Critical thinking & problem solving TS – Ongoing education and information management LL – Team work LS – Leadership skills EM – Ethics & Moral professional KK – Entrepreneurship skill CS CT √ √ √ √ √ TS LL LS EM √ √ √ √ √ KK √ √ √ √ √ 2 . Microeconomics Theory and Applications. 3. Microeconomics. and Melvin. skills and professional ethics. 10th Ed. W. Boyes. R. M. MAIN REFERENCE: Vengedasalam. New Jersey: Wiley. E. 2. (2011). New York: Worth Publishers. J. 8th Ed. K. 8th Ed. A. To communicate effectively and able to work in group. Browning. Petaling Jaya: Pearson. Madhavan. Krugman. 2nd Ed.. (2010). (2012). and Rubinfeld.4. M. Ability to react creatively and critically in solving problems. Creative and critical in solving task given and able to work in group. D. Microeconomics. R. D. K. Microeconomics. & Rohana Kamarudin (2008). Mason: South-Western Cengage Learning. Shah Alam: Oxford University Press. Microeconomics. (CT3. TS3) TRANSFERABLE SKILLS: 1. and Well.

70 3.00 3.00 0 Status Excellence Excellence Distinction Distinction Distinction Pass Pass Limited Limited Limited Fail SOFT SKILLS GRADING: SCALE 4 3 2 1 Excellence Good Moderate Weak CRITERIA 3 .70 2.70 1.40 2.00 1.STUDENTS’ PERFORMANCE ASSESSMENT: Course Work Individual Assignment Case Study Mid-term Examination Final Examination Total UPSI’S COURSE GRADE EVALUATION Scores Range 80 – 100 75 – 79 70 – 74 65 – 69 60 – 64 55 – 59 50 – 54 45 – 49 40 – 44 35 – 39 0 – 34 60% 20% 20% 20% 40% 100% Grade A AB+ B BC+ C CD+ D F GPA/ CGPA 4.00 2.40 1.40 3.

CT3) To analyse microeconomic problems using economic theories. (A3. and Government Intervention in the Market. (C3) To evaluate and give effective response towards current issues related to microeconomic field. Equilibrium Price and Quantity. (C3) 1 2   To analyse microeconomic problems using economic theories. Learning Outcomes  To analyse microeconomic problems using economic theories. Cross Price Elasticity of Demand. Shocks in Equilibrium. Price Elasticity of Supply. Market Equilibrium. Tutorial and Individual Assignment Exercise Mid-term Examination  4 . Tutorial and Individual Assignment Exercise Mid-term Examination 3 ELASTICITY AND ITS APPLICATION Price Elasticity of Demand. (C3) To evaluate and give effective response CT & EM Lecture. and Circular Flow Diagram. Fundamental Economic Questions. Dicipline of Economics.  CT & EM Lecture. Choices and Opportunity Cost. Types of Microeconomic Analysis. Income Elasticity of Demand. Scarcity. Production Possibilities Curve. and Application of Concept of Elasticity. Tutorial and Individual Assignment Measurement Methods Instructional Plan Briefing Topics INTRODUCTION OF MICROECONOMICS Definition of Economics. Economic System. DEMAND AND SUPPLY Concept of Demand and Supply.14 WEEKS TEACHING SCHEDULE: Week Soft Skills CT & EM Teaching-Learning Activities Lecture.

 CT & EM Lecture. Production Function. CT3) To analyse microeconomic problems using economic theories. The Isocost. (C3) To evaluate and give effective response towards current issues related to microeconomic field. Cost Curves in the Short-Run. Short-Run Average Total Cost Curve.  To analyse microeconomic problems using economic theories. (C3) To evaluate and give effective response towards current issues related to microeconomic field. Short-Run Production Function: One Variable and One Fixed Input. (A3. Price Changes and Consumption Choices. and Consumer Surplus. Cardinal Utility Theory. Changes in Income and Consumption Choices. CT3) To analyse microeconomic problems using economic theories.towards current issues related to microeconomic field. (C3) To evaluate and give CT & EM Lecture. (A3. and Cost Curves in the Long-Run. Tutorial and Individual Assignment Exercise Mid-term Examination  5 THEORY OF PRODUCTION Definition of Production. Classification of Factors of Production. Tutorial and Individual Assignment Exercise Mid-term Examination  6 PRODUCTION COST Concept of Cost.  CT & EM Lecture. Tutorial and Individual Assignment Exercise Mid-term Examination  5 . and Long-Run Production Function. CT3) 4 THEORY OF CONSUMER CHOICE Utility Theory and Individual Choice. (A3. Ordinal Utility Theory. Time Frame for Production Function. The Cosumer Choice.

CT. Economic Profit and Accounting Profit.  CS. Definition and Objectives of a Firm. (A3. CT3) Creative and critical in solving task given and CT & EM Lecture. and Profit Maximization in the Long-Run. LS & EM Lecture. Perfect Competition Price and Output Decision. (C3) To apply ICT and elearning in teaching and learning process. Equilibrium of a Firm. (A3.effective response towards current issues related to microeconomic field. (P3. CT3) 7 THEORY OF FIRM Concept of Revenue. Total Revenue and Total Cost Approach. LL2) To evaluate and give effective response towards current issues related to microeconomic field. TS. and Types of Market Structure.  To analyse microeconomic problems using economic theories. (A3. LL. Individual Assignment & Group Assignment Exercise Discussion Final Examination    6 . (C3) To evaluate and give effective response towards current issues related to microeconomic field. Tutorial. Tutorial and Individual Assignment Exercise Mid-term Examination  9 PERFECT COMPETITION Definition and Characteristics. Profit Maximization the Short-Run. CT3) To analyse microeconomic problems using economic theories. Marginal Revenue and Marginal Cost Approach.

LS & EM Lecture. Monopoly Price and Output Decision. Profit Maximization the Short-Run. Tutorial. (CT3. Profit Maximization the Short-Run. (P3. TS3) To analyse microeconomic problems using economic theories. (P3. (C3) To apply ICT and elearning in teaching and learning process. Profit Maximization in the Long-Run. TS3) 10 & 11 MONOPOLY Definition and Characteristics. CT. (CT3. Individual Assignment & Group Assignment Exercise Discussion Final Examination   7 . TS. (C3) To apply ICT and elearning in teaching and learning process. and Comparison of Perfect Competition and Monopolistic Competition. LL. Tutorial. CT3) Creative and critical in solving task given and able to work in group.able to work in group. LS & EM Lecture. LL. Types of Monopolies.  To analyse microeconomic problems using economic theories. CT. LL2) To evaluate and give effective response towards current issues CS.  CS. (A3. Individual Assignment & Group Assignment Exercise Discussion Final Examination    12 MONOPOLISTIC COMPETITION Definition and Characteristics. Monopolistic Competition Price and Output Decision. LL2) To evaluate and give effective response towards current issues related to microeconomic field. and Comparison of Perfect Competition and Monopoly. Price Discrimination. TS. Profit Maximization in the Long-Run.

(CT3. TS3) To analyse microeconomic problems using economic theories. (CT3. TS3) CS.     8 . CT3) Creative and critical in solving task given and able to work in group. Tutorial. Price and Output Decisions for an Oligopolist. LL. LS & EM Lecture. CT3) Creative and critical in solving task given and able to work in group. TS. (A3. Individual Assignment & Group Assignment Exercise Discussion Final Examination 13 & 14 OLIGOPOLY Definition and Characteristics. (P3. Price Leadership Model. Price Rigidity and Kinked Demand Curve. (A3. The Game Theory. CT. related to microeconomic field. LL2) To evaluate and give effective response towards current issues related to microeconomic field. (C3) To apply ICT and elearning in teaching and learning process. Non-Price Competition. and Cartel.

TS3 Oligopoly C3. A3. TS3 Monopolistic Competition C3.TUTORIAL PLAN No. CT3. 2 Week 2 Topic LO T-L Activities Tutorial Measurement Methods Exercise 3 4 5 6 7 8 9 3 4 5 6 7 8 9 10 10 11 11 12 12 13 13 & 14 Introduction of C3 Microeconomics Demand and Supply Elasticity and Its Application C3 Theory of Consumer Choice C3 Theory of Production C3 Production Cost C3 Theory of Firm C3 MID-TERM BREAK Mid-term Examination Perfect Competition C3. A3. A3. CT3. LL2. CT3. CT3. TS3 Monopoly C3. TS3 REVISION Tutorial Tutorial Tutorial Tutorial Tutorial Exercise Exercise Exercise Exercise Exercise Group Assignment Group Assignment Group Assignment Group Assignment Presentation Presentation Presentation Presentation 9 . LL2. A3. LL2. LL2.