HCMC UNIV.

OF TECHNOLOGY AND EDUCATION Programme: Industrial Management

FACULTY OF ECONOMICS Level: Undergraduate

Course Syllabus
1. Course Title: Economics
2. Course Code: ECON230206E
3. Credit Units: 3 (3/0/6) (3 units of theory/ 0 unit of practice/6 units of self-study)
Duration: 15 weeks (3 hours of theory+0 hours of practice, and 6 hours of self-study per week)
4. Course Instructors
1/ Dr. Nguyen Thi Thanh Van
2/ MSc. Huynh Thi Cam Tu
3/ Dr. Nguyen Thi Thanh Thuy
4/ MBA. Vo Thi Xuan Hanh
5. Course Requirements
Prerequisite courses: None
Previous courses: None
6. Course Description
The course can provide students basic theories to analyze economics activities in the market economics
under micro and macroeconomic’ perspective. With this knowledge, students can understand, apply the
principles to solve specific situations.
7. Course Goals
Goals Goal Description Programme
ELOs
G1 Have basic knowledge of economic to solve economics issues ELO1

G2 Analyze and solve the problems in the economics and in the production ELO4

G3 Teamwork skill ELO9

8. Course Learning Outcomes (CLOs)

CLOs CLO Description Programme
ELOs
G1 G1.1 Be able to explain some economic concepts ELO1
G1.2 Apply the equilibrium to analyze the government regulation ELO1
G1.3 Analyze the firm chooses output to minimize cost ELO1
G1.4 Be able to measure some economic issues ELO1
G1.5 Be able to calculate the equilibrium in good market and money market. ELO1
G2 G2.1 Be able to do step by step the economic maths in specific situations ELO4

1
G3 G3.1 Work in a team to discuss and solve economics issues ELO9

9. Learning Resources
1. Gregory Mankiw, Principles of Economics, 2014
2. Jocelyn Blink, Economics, Oxford, 2010
10. Student Assessment
- Grading scale: 10 -
Assessment plan:
Assessment Rate
Type Content Timeline CLOs
method (%)
Assignments 35

Checking knowledge of 1/3 course Week 6 Duration: G1.1 17,5

- Can explain some economic concepts. 60min G1.2
- Can apply the equilibrium to analyze the Assignment G1.3
Ass#1
government regulation G2.1
- Can analyze the customer choice, a firm
chooses output to minimize cost

Week 12 Duration: G1.1 17,5

Checking knowledge of 1/3 course (cont.) 60min G1.3
- Can explain some economic concepts Assignment
Ass#2 G1.4
- Can analyze the customer choice, a firm
chooses output to minimize cost G2.1
- Can measure some economic issues

Teamwork 15

Week 2 -15 Oral, quick G3.1

Reading and discussing questions of lecturer. note or quiz

Final exam 50

Assignment G1.2
G1.3
All chapters G1.4
G1.5
G2.1
Total 100

11. Course Content

Week Contents CLOs
1 Chapter 1: General economics (3h,0,6h)
A/ Content and pedagogical methods in class: (3h) G1.1
Content:
2
 + Concepts: economics; microeconomics and macroeconomics; positve and
normative economics
+ Some economic issues
- Scarcity and the competing use of resources
- What, how and for whom to produce
- The role of the market
- Production posibility frontier
- Economics model
Pedagogical methods:
+ Presentation of lecture
+ Mini questions
B/ Self-study content: (6h) G2.1
Homework: Read Gregory Mankiw, Principles of Economics, 2014
Chapter 2: Demand, Supply and the market (6h,0,12h)
A/ Content and pedagogical methods in class: (3h) G1.1
Content: G1.2
+ Demand G3.1
- Concepts
- Behind the demand curve and shifts in the demand curve
- Elasticity of demand.
+ Supply
2 - Concepts
- Behind the supply curve and shifts in the supply curve
- Elasticity of supply.
Pedagogical methods:
+ Presentation of lecture
+ Discussion
+ Do exercises
B/ Self-study content: (6h)
Homework: demand function; supply function; elasticity.

3 Chapter 2: Demand, Supply and the market (cont.)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
+ Equilibrium G1.2
- The Equilibrium price and quantity G3.1
- Equilibrium changes
- Excess demand and excess supply
- Controlling of the Government
Pedagogical methods:
+ Presentation of lecture
+ Discussion

3
 + Do exercises
B/ Self-study content: (6h) G1.2
Homework: equilibrium
G2.1

Chapter 3: Customer choice (3h,0,6h)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
+ Concepts: Utility, total utility, marginal utility G1.3
+ The indifference curve and the budget line G3.1
- The indifference curve
- The budget line
- Chosen bundle
4 + Adjustment
- Adjustment to income changes
- Adjustment to price changes
- The market demand curve
Pedagogical methods:
+ Presentation of lecture
+ Do exercises
B/ Self-study content: (6h)
G2.1
Home work: Chosen bundle; total utility, marginal utility.

Chapter 4: Introducing supply decisions and Costs (6h,0,12h)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
+ Supply decisions G1.3
- Production function G3.1
- Average productivity
- Marginal productivity
5 + Whether a firm chooses output to minimize cost
+ Whether a firm chooses output to maximize quantity
Pedagogical methods:
+ Presentation of lecture
+ Teamwork
B/ Self-study content: (6h)
G2.1
Home work: Average productivity, Marginal productivity and choose the optimum
production point.
6
Chapter 4: Introducing supply decisions and Costs (cont.)
A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.3
+ Cost
- Concept, curve: TC, AC, FC, VC, AFC, AVC, MC
4
 - Maximize profits
- Maximize revenue G3.1
- Optimum quantity
+ Test 1
Pedagogical methods:
+ Presentation of lecture
+ Do exercises
B/ Self-study content: (6h)
G2.1
Homework: cost and optimum quantity

Chapter 5: Perfect competition and pure monopoly (6h,0,12h)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.3
+ Perfect competition
- The character of perfect competition G3.1
- The character of enterprise in the perfect competition
7
- A perfect competitive firm’s supply decision
Pedagogical methods:
+ Presentation of lecture
+ Teamwork
B/ Self-study content: (6h)
G2.1
Homework: supply curve of enterprise in short-term; breakeven price; close down
point; maximize profits

Chapter 5: Perfect competition and pure monopoly (cont.)

A/ Content and pedagogical methods in class: (3h)
Content:
G1.1
+ Pure monopoly
- The character of pure monopoly G1.3
- The character of enterprise in the pure monopoly G3.1
8
- A pure monopoly firm’s supply decision
Pedagogical methods:
+ Presentation of lecture
+ Do exercises

B/ Self-study content: (6h) G2.1

Homework: maximize profits; maximize revenue; tax.
9
Chapter 6: National products (6h,0,12h)
A/ Content and pedagogical methods in class: (3h)
Content:

5
 + Objectives and macro-tools
+ Gross Domestic Product G1.1
+ Gross National Product G1.4
Pedagogical methods:
+ Presentation of lecture G3.1
+ Discussion
B/ Self-study content: (6h)
G2.1
Homework to understand GDP and GNP

Chapter 6: National products (cont.)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.4
+ Measuring GDP and GNP
+ Circular flow between firms and households G3.1
10
Pedagogical methods:
+ Presentation of lecture
+ Do exercises

B/ Self-study content: (6h) G2.1

Homework: Measuring GDP and GNP

Chapter 7: Aggregate demand and equilibrium output (6h,0,12h)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.5
+ Potential output
+ Components of aggregate demand G3.1
11 + Equilibrium aggregate output in the simple economic model
Pedagogical methods:
+ Presentation of lecture
+ Teamwork
B/ Self-study content: (6h)
Homework about equilibrium output in the simple economic model G2.1

Chapter 7: Aggregate demand and equilibrium output (cont.)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.5
12 + Equilibrium aggregate output in the economic model with governance, without
foreign trade G3.1
+ Equilibrium aggregate output in the economic model with governance and foreign
trade
+ Test 2
Pedagogical methods:

6
 + Presentation of lecture
+ Teamwork
+ Do exercises
B/ Self-study content: (6h)
Homework: equilibrium aggregate output G2.1

Chapter 8: Money and banking (6h,0,12h)

A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.5
+ Money
- Concept G3.1
- Functions of money
- Different kinds of money
+ Banking
13
- Central bank
- Commercial bank
- How banks create money
Pedagogical methods:
+ Presentation of lecture
+ Discussion

B/ Self-study content: (6h) G2.1

Homework

Chapter 8: Money and banking (cont.)

A/ Content and pedagogical methods in class: (3h)
Content:
G1.1
+ Money market
- Money supply G1.5
- Money demand
- Equilibrium in money market G3.1
+ Monetary policy
14 - Instruments of monetary policy
- Impact of monetary policy
- Quantitative monetary policy
Pedagogical methods:
+ Presentation of lecture
+ Teamwork
+ Do exercises

B/ Self-study content: (6h) G2.1

Homework: Equilibrium in money market; Impact of monetary policy

7
 Chapter 9: Inflation and Unemployment (3h,0,6h)
A/ Content and pedagogical methods in class: (3h) G1.1
Content:
G1.5
+ Inflation
+ Unemployment G3.1
15
Pedagogical methods:
+ Presentation of lecture
+ Teamwork
+ Do exercises

B/ Self-study content: (6h) G2.1

Homework: Read book

12. Learning Ethics

- Group project found to be the same will be banned to take the final exams.
- Students who cheat in mid-term or final exams will be deducted 100% of the points.
- Attend at least 80% of teaching hours
- Student should do all homework assigned
Date of first approval: June 15th, 2019

13. Approved by
Dean Head of Department Instructor

14. Date and Up-to-date content

1st time: Instructor:

Head of Department: