Week Hours Lecture topics Reading/ Homework

(4) (Required textbook)

Week 1 Lecture Chapter 1, 2, 4
Topic 1: Introduction to
Homework for introduction to
Economics
economics: Page 35 and 36.

Week 2 Lecture Chapter 4,5, 6, 7

Homework for market forces: Page
86-88
Topic 2: Market Analysis Homework for elasticity: page 108-
110
Homework for government policies:
page 129-131
Week 3 Lecture Chapter 21
Topic 3: The Theory of
Homework for theory of consumer
Consumer Choice
choice: page 457-460
Week 4 Lecture Chapter 13
Topic 4: The Theory of
Homework costs of production: page
Firm: Production and Costs
275-277
Week 5 Tutorial/ Selected Homework review
Topic 1- 4
Discussion Mock exam
Week 6 Mid-term exam
Midterm Exam
Lecture Chapter 14
Topic 5: Perfect
Homework for perfect competition:
Competition
page 296-298
Week 7 Lecture Chapter 15
Topic 6: Monopoly Homework for monopoly: page 323-
327
Week 8 Lecture Chapter 16, 17
Topic 7: Oligopoly and Homework for oligopoly:366-369
Monopolistic Competition Homework for monopolistic
competition:345-347
Week 9 Lecture Chapter 10, 11
Topic 8: Market Failures
Homework for market failure and role
and the Role of
of government: page 212-214 and 229-
Government
231
Week 10 Group Presentation and problem solving
Week 11 Tutorial/ Topic 5-8 Revision and review
Discussion Revision
Week 12 Final Exam
*Homework and review questions are from the main textbook: Mankiw, Gregory (2015).
Principles of Economics. 7th edition, South-Western Cengage Learning Mason.