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Instruction : Answer ONE (1) question only on the answer ‘sheets provided. Soalan 1 Jadual di bawah menunjukkan hubungan antara tingkat output dengan jumiah kos bagi ‘sebuah firma di pasaran. Output | Jumiah (unit) Kos 0 40 i 400 oT 140 3 160 4 200 5 260 6 360 7 490 8 640 Output | ~_Kos Kos Kos Kos Kos Kos (unit) | Tetap | Berubah | Tetap | Berubah | Purata | Marginal (RM) (RM) | Purata | Purata | (RM) | (RM) (aM) | (RM) oO i - 2 — z ; - 6 7 8 a) Lengkapkan jadual di atas, (10 markah)“e a) Complete the table above. (10 marks) b) With the aid of graph paper, draw the following curves: i) Average total cost ji) Average variable cost iil) — Average cost iy) Marginal cost (6 marks) ©) Explain briefly why the average cost curve is 'U' shaped. (4 marks) Soalan 2 Maklumat di bawah menunjukkan fungsi perbelanjaan aggregat bagi sebuah negara pada tahun 2017. C= 825+0.8Yd 75 @=260 T=200 (RM million) a) _ Kirakan pendapatan negara pada tingkat keseimbangan. (4 markah) b) _ Kirakan nilai Kadar Mengguna Purata (APC) dan Kadar Menabung Purata (APS) bagi negara ini. (4 markah) Kini kita memasukkan nilai-nilai berikut: X= 300 M=0.2Y ©) __Kirakan pendapatan negara baru pada tingkat keseimbangan. (4 markah) é) Lakarkan keluk yang sesuai bagi menunjukkan keseimbangan pendapatan yang diperolehi dalam soalan (a) dan (0). (4 markah) ) _ Nyatakan fungsi suntikan dan bocoran bagi ekonomi empat sektor. (4 markah) )°(® Question 2 Following information shows aggregate expenditure function of a country in 2017. C= 325+0.8 Yd 1275 G=260 T= 200 (RM million) a) Calculate the national income at equilibrium point. (4 marks) b) Calculate the value of Average Propsensity to Consume (APC) and Average Propensity to Save (APS) for this country. (4 marks) Now, we include the following values: X= 300 M=02Y ©) Calculate the new national income at the equilibrium point. (4 marks) d) Sketch a suitable diagram to show the national income equilibrium attained in question (a) and (c). (4 marks) e) State the injection and withdrawals functions for a four-sector economy. (4 marks)4 ‘ (© BAHAGIAN B / SECTION B (40 MARKAH / MARKS), Arahan _: Jawab SEMUA soalan dalam kerlas helaian jawapan yang disediakan. Instruction : Answer ALL questions on the answer sheets provided. Soalar 8) Bezakan di antara sistem ekonomi kapitalis dengan sistem ekonomi campuran. (10 markah) ®) Dengan bantuan gambar rajah, terangkan Dasar Harga Minimum dan Dasar Harga Maksimum: (10 markah) Question 1 a) _ Differentiate between capitalist economic system and mixed economic system. (10 marks) ») With the aid of diagram, explain Minimum Price Regulation and Maximum Price Regulation. (10 marks) Soalan 2 @) Model Baru Ekonomi (MBE) bermatiamat menjadikan Malaysia negara maju berpendapatan tinggi pada tahun 2020. Terangkan mana-mana tiga (3) cabaran yang boleh menghalang pencapaian matlamat ini. (10 markah) ») “Kadar inflasi yang tinggi akan disusull dengan kadar pengangguran yang rendah dan sebaliknya’. Adakah anda bersetuju? Mengapa? (10 markah) Question 2 4) New Economic Model (NEM) aimed at making Malaysia a high income developed country in the year 2020. Explain any three (3) challenges faced that can hinder the achievement of this goal, (10 marks) ») "High rate of inflation is followed by low rate of unemployment and vice-versa”. Do you agree? Why? (10 marks) 200000000000UFC1002 PRINSIP EKONOMI / PRINCIPLES OF ECONOMICS BAHAGIAN A/ SECTION A (20 MARKAH | MARKS) Arahan — : Jawab SATU (1) soalan sahaja dalam kertas helaian jawapan yang disediakan. Instruction : Answer ONE (1) question only on the answer sheets provided. Soalan 1 Berdasarkan jadual di bawah, jawab soalan-soalan berikut: Output | Kos | Kos |Jumlah] Kos | Kos, |Jumlah] Kos | Kos (unit) |Tetap |Berubah | Kos | Tetap |Berubah | Kos | Purata| Marginal (RM) | (RM) | (RM) |Purata| Purata | Purata | (RM) | (RM) (RM) | (RM) | (RM) ~ 400 150. 184 208 228 250 280 317 364 0|~ oon] |e9)r3|-/0) a) Lengkapkan jadual di atas. (10 markah) b) Dengan menggunakan kertas graf, lukiskan keluk-keluk yang berikut: ) Kos Tetap Purata ji) Kos Berubah Purata il) Kos Purata iv) Kos Marginal (6 markah) c) _ Jelaskan dengan ringkas mengapa keluk Kos Purata berbentuk ‘U'? (4 markah)Question 1 Based on the table, answer the following questions: mo @ ‘Output | Fixed | Variable | Total | Average ‘Average | Average | Marginal (unit) | Cost Cost Cost | Fixed Total Cost Cost (RM) (RM) | (RM) Cost Cost Cost (RM) (RM) (RM)_| (RM) _| (Rm) _ 100 _| 150 184 _ 208 228 = 250 280 | 317 + 364 a — a 1) [oan]. 00 no |] a) Complete the table above. (10 marks) b) With the aid of graph paper, draw the following curves. i) Average Fixed Cost ji) Average Variable Cost ii) Average Cost iv) Marginal Cost , (6 marks) ©) Explain briefly why the Average Cost curve is ‘U' shaped? (4 marks) Soalan 2 Maklumat di bawah menunjukkan fungsi perbelanjaan aggregat bagi sebuah negara pada tahun 2018. C= 325+0.8 Yd 75 G=260 T= 200 (RM million) a) Kirakan pendapatan negara pada titik keseimbangan. (5 markah) b) _Kirakan nilai Kadar Mengguna Purata (APC) dan Kadar Menabung Purata (APS) bagi negara ini (5 markah)Sekarang kita memasukkan nilai-nilai berikut' X = 300 M=0.2Y ) _Kirakan pendapatan negara baru pada titik keseimbangan. (5 markah) d) — Lakarkan gambarajah yang sesuai bagi menunjukkan keseimbangan pendapatan yang diperolehi dalam soalan (a) dan (c). (5 markah) Question 2 Following information shows aggregate expenditure function of a country in year 2018. C= 325+0.8 Yd (RM milion) a) Calculate the national income at equilibrium point. (5 marks) b) Calculate the value of Average Propsensity to Consume (APC) and Average Propensity to Save (APS) for this country. (5 marks) Now, we include the following values: X= 300 M=02Y ¢) Calculate the new national income at the equilibrium point. (5 marks) d) Sketch a suitable diagram to show the national income equilibrium attained in question (a) and (c). (5 marks): g ) CY BAHAGIAN B/ SECTION B (40 MARKAH / MARKS) Arahan _ : Jawab SEMUA soalan dalam kertas helaian jawapan yang disediakan. Instruction : Answer ALL questions on the answer sheets provided. Soalan 4 Jelaskan konsep kekurangan, pilihan dan kos melepas dengan menggunakan keluk kemungkinan pengeluaran. (10 markah) Question 1 Explain the concepts of scarcity, choice and opportunity cost using production possibilty curve. (10 marks) Soalan 2 "Kadar pertumbuhan pendapatan rakyat lebih rendah berbanding dengan peningkatan harga di Malaysia. Pendapatan yang tidak setara ini menyumbang kepada masalah peningkatan kos sara hidup di kalangan rakyat. Kuasa beli isi rumah yang menurun dan menyumbang kepada beban kos sara hidup.” (Utusan Online Jan. 2019). ‘Sebagai Perdana Menteri, terangkan dengan ringkas tiga (3) strategi yang kerajaan boleh ambil bagi menangani masalah peningkatan kos sara hidup di kalangan rakyat. (15 markah) Question 2 "Rate of income growth for the citizens is low compared to price increase in Malaysia. The imbalance income contributes to the problem in the rising cost of living among the citizens. Household purchasing power reduces and this contributes to the increase in the burden of cost of living. (Utusan Online Jan. 2019). As the Prime Minister, explain briefly three (3) strategies that the government can take to overcome the problem of increasing cost of living among citizens. (15 marks) Soalan 3 Malaysia mengamalkan sistem ekonomi terbuka sejak beberapa dekad yang lalu. Ini sejajar dengan matlamat kerajaan untuk menjadikan Malaysia negara maju menjelang tahun 2020. a) Bezakan antara ekonomi tertutup dan terbuka. (5 markah) b) Jelaskan dengan ringkas empat (4) kebaikan kepada negara mengamalkan sistem ekonomi terbuka. (10 markah)Question 3 Malaysia practice open economy system since many decades ago. This is in line with government's aim to make Malaysia a developed nation by the year 2020. a) Differentiate between closed and open economy. (5 marks) b) Explain briefly four (4) advantages for the country practicing open economy system. (10 marks) 200000000000Soop Sap ? oO) UESB1103 PRINSIP EKONOMI/ PRINCIPLES OF ECONOMICS BAHAGIAN A/ SECTION A (20 MARKAH / MARKS) ‘Arahan —_: Jawab SATU (1) soalan sahaja dalam kertas helaian jawapan yang disediakan. Instruction : Answer ONE (1) question only on the answer sheets provided. Soalan1 Jadual di bawah menunjukkan perhubungan di antara harga barangan X dengan kuantiti permintaan barangan X dan Y. Harga barang X | i Kuantiti diminta (RM) 5 a) Kirakan keanjalan permintaan bagi barang X jika harga barang X turun dari RM10.00 kepada RMS.00 seunit. Nyatakan sama ada ianya anjal atau kurang anjal. (5 markah) b) Kirakan Keanjalan silang bagi barang Y bila harga barang X naik dari AM10.00 kepada FM20.00 seunit. Nyatakan sama ada barang X dan barang Y adalah barangan pengenap atau penggant (6 markah) ©) Lakarkan gambar rajan yang sesuai bagi _menunjukkan perubahan dalam permintaan barangan Y apabila harga barang X naik. (6 markah) d) Apabila pendapatan pengguna nak dari RM1,000 kepada AM1,400, permintaan bagi barang X naik dari 40 unit kepada 80 unit. Kirakan keanjalan permintaan pendapatan bagi barang X. Nyatakan sama ada barang X adalah barangan normal atau inferior. (8 markah)Question 1 The schedule below shows the relationship between the price of good X and the quantity demanded for good X and Y. Price of good X | Quantity demanded for | Quantity demanded for good X good Y (Unit) | Wnty 160 | 100 - - 140 120 120 140 100 160 a) Calculate the price elasticity of demand for good X if the price of good X falls from RM10.00 to AMS.00 per unit. State whether itis elastic or inelastic. (5 marks) b) Calculate the cross elasticity of demand for good Y when the price of X increases from FM10.00 to FIM20.00 per unit. State whether good X and good Y are complements or substitutes. (5 marks) c) Draw suitable diagram to show changes in the demand for good Y when price of good X increases. (5 marks) d) When the income of consumer increases from RM1,000 to RM1,400, the demand for good X increases from 40 to 80 units, Calculate the income elasticity of demand for good X. State whether good X is a normal good or inferior good. (5 marks) Soalan 2 ‘Anda diberi maklumat yang berikut: C= RM400 juta + 0.6 Yd 1 = RM100 juta a) _ Kirakan nilai pendapatan negara pada keseimbangan (4 markah) b) _ Kirakan nilai Kadar Mengguna Purata (APC) dan Kadar Menabung Purata (APS). (4 markah)fe ‘) Kini kita perkenalkan sektor kerajaan di dalam ekonomi ini dengan fungsi-fungsi yang berikut: FIM200 juta .25Y ©) Kirakan nilai pendapatan negara baru pada keseimbangan. (4 markah) d) — Apakah nilai Kadar Mengguna Marginal (MPC) dan Kadar Menabung Marginal (MPS)? (4 markah) e) _ Nyatakan fungsi suntikan dan bocoran bagi ekonomi tiga sektor. (4 markah) Question 2 You are given the information: C= RM400 milion + 0.6 Yd 1 ='RM100 million a) Calculate the value of national income at equilibrium. (4 marks) b) Calculate the value of Average Propensity to Consume (APC) and Average Propensity to Save (APS). (4 marks) Now let us introduce the government sector into the economy with the following functions: RM200 million T=0.25Y ) Calculate the new national income at equilibrium. (4 marks) d) What is the value of Marginal Propensity to Consume (MPC) and Marginal Propensity to Save (MPS)? (4 marks) e) _ State the injection and withdrawal functions for three sector model. (4 marks)BAHAGIAN B / SECTION B (40 MARKAH / MARKS) Arahan _ : Jawab SEMUA soalan dalam kerlas helaian jawapan yang disediakan. {nstruetion : Answer ALL questions on the answer sheets provided. Soalan 4 a) _ Terangkan dengan contoh yang sesuai masalah-masalah asas ekonomi (10 markah) ) Bezakan di antara Hukum Permintaan dengan Hukum Penawaran. (10 markah) Question 1 @) Explain with relevant examples basic economic problems. (10 marks) ©) Differentiate between Law of Demand and Law of Supply. (10 marks) Soalan 2 Tetangkan dengan contoh yang sesuai empat (4) strategi yang kerajaan dapat laksanakan bagi mencapai matiamat Model Baru Ekonomi yang dilancarkan pada tahun 2010, (20 markah) Question 2 Explain with relevant examples four (4) strategies that the government could implement in order to achieve the vision of New Economic Model that was launched in the year 2010, (20 marks) 20000000e000UESH1103 PRINSIP EKONOMI/ PRINCIPLES OF ECONOMICS BAHAGIAN A/ SECTION A (20 MARKAH | MARKS) Arahan _: Jawab SATU (1) soalan sahaja dalam kertas helaian jawapan yang disediakan. Instruction : Answer ONE (1) question only on the answer sheets provided. Soalan 1 Jadual di bawah menunjukkan kos pengeluaran bagi sebuah firma. Output | Jumlah | Kos: Kos | Kos Tetap| Kos Kos Kos (unit) | Kos Tetap | Berubah | Purata | Berubah | Purata | Marginal (RM) | (RM) | (RM) (RM) Purata | (RM) | (RM) |__ (RM) —o on —| é 1 = 9 2 a | | ee |e 8 | 3 7 4 | 6 5 aan 7 | 6 | 8 a) —_Lengkapkan jadual di atas. (10 markah) b) Dalam jangka masa apakah firma ini beroperasi? Berikan sebab anda. (2 markah) ) Dengan menggunakan kertas graf, lukiskan keluk-keluk yang berikut: Kos tetap purata Kos berubah purata Kos purata Kos marginal (8 markah){Xv Question 1 The table below shows the production cost of a firm. [Output] Total | Fixed | Variable | Average | Average | Average | Marginal (unit) | Cost Cost | Cost | Fixed | Variable | Cost Cost (RM) (RM) | (RM) | Cost Cost | (RM) (RM) + (RM) (RM) ~ =F =| 9 — oe 7 — | 6 Ie] 7 | _ _[ 8 a) Complete the above table. (10 marks) b) _Inwhat time period is the firm operating? Given your reason. (2 marks) ¢) | Using graph paper, draw the following curves: + Average Fixed Cost * Average Variable Cost ' + Average Cost «Marginal Cost (8 marks) Soalan 2 Anda diberi makiumat yang berikut: Fungsi Penggunaan; C = RM800 juta + 0.9Y¢ Fungsi Pelaburan; | = RM300 juta Fungsi Perbelanjaan Kerajaan; G= RM600 juta Fungsi Cukai; T= RM250 juta a) Kirakan nilai pendapatan negara pada keseimbangan. (5 markah) ) _ Kirakan nilai Kadar Mengguna Purata (APC) dan Kadar Menabung Purata (APS). (4 markah) c) __Jika fungsi cukai-ditukar kepada T= 0.25Y, kirakan nilai pendapatan negara pada keseimbangan yang baru (5 markah) ¢) Dengan bantuan gambar rajah, terangkan dengan ringkas fungsi suntikan dan bocoran bagi ekonami 3 sektor dan 4 sektor. (6 markah)weston 2 You are given the following information. Consumption Function; C= RM800 million + 0.9¥d Investment Function; 1 = RM300 million Government Expenditure Function; G= RM600 million Tax Function; T= RM250 million a) Calculate the equilibrium national income. (5 marks) b) Calculate the value for Average Propensity to Consume (APC) and Average Propensity to Save (APS). . (4 marks) c) If the Tax function is changed to T= 0.25Y, calculate the new equilibrium national income. (5 marks) d) With the aid of diagram, explain brie''y injection and withdrawal functions for 3 sector and 4 sector economy. (6 marks) BAHAGIAN B/ SECTION B (40 MARKAH | MARKS) Arahan Jawab SEMUA soalan dalam kertas helaian jawapan yang disediakan. Instruction : Answer ALL questions on the answer sheets provided. Soalan 1 a) “Ekonomi adalah mengenai gelagat manusia dan bagaimana kita mengimbangi di antara keinginan yang tiada batasan dan kemampuan yang ada batasan’. \cangkan. (10 markah) b) Dengan gambar rajah yang sesuai, terangkan perbezaan di antara Dasar Harga Minima dan Dasar Harga Maksima. (10 markah) westion 1 a) “Economics is about human behavior and how we balance between our unlimited desires and limited resources”. Discuss. (10 marks) b) With an aid of appropriate diagram explain the difference between Minimum Price Regulation and Maximum Price Regulation. (10 marks)Soalan 2 a) Jika anda menjadi Perdana Menteri Malaysia yang ke-7, apakah tiga (3) dasar ekonomi yang akan anda lancarkan bagi membantu golongan B40 untuk mencapai sasaran pendapatan tinggi menjelang tahun 2020 nant. (10 markah) b) —_Apakah itu pengganguran? Terangkan dengan ringkas tiga (3) langkah yang boleh di ambil oleh pihak kerajaan bagi mengatasi masalah pengganguran’ di kalangan graduan di Malaysia. (10 markain) Question 2 a) If you become Malaysian 7" Prime Minister, what are your three (3) economic policies that you will launch to assist the B40 group to achieve the goal of high income by the year 2020. (10 marks) ») _, What is unemployment? Explain briefly three (3) steps that can be taken by the government to solve the unemployment problems among the graduates in Malaysia, (10 marks) (000000000000