MAKLUMAT KURSUS UNTUK SEMESTER/PENGGAL SEMASA

COURSE INFORMATION FOR CURRENT SEMESTER/TERM

Sesi Akademik 2020/ 2021

Academic Session
Semester/Penggal 1
Semester/Term
Kod Kursus CIX1001
Course Code
Tajuk Kursus PRINSIP MIKROEKONOMI
Course Title PRINCIPLES OF MICROECONOMICS
Bahasa Pengantar Bahasa Inggeris
Medium of Instruction English
Rujukan Utama 1. McConnell, C.R., Brue, S.L., & Flynn, S.M. (2021). Economics. 22nd ed.
Main Reference McGraw Hill
2. Grace, L.H.Y et al (2019). Principles of Economics. 1st ed. SJ Learning.
3. Mankiw, N.G. (2021). Principles of Microeconomics, 9th ed., Cengage
Learning.
4. Pyndick, R.S. & Rubinfield D. L. (2018), Microeconomics, 9th ed. Pearson
Higher Education.
Strategi Pembelajaran Kuliah/ Lecture (Selaras dan Takselaras/ Synchronous and Asynchronous),
Learning Strategies Tutorial (Selaras dan Takselaras/ Synchronous and Asynchronous)
Masa Pembelajaran Pelajar Bersemuka / Face to face: 6 jam / 6 hours
Student Learning Time
Tidak Bersemuka / Non-face to face: 19 jam / 19 hours
Masa Persediaan Pelajar / Student Preparation Time: 95 jam / 95 hours

Kemahiran Boleh Pindah Kemampuan untuk menganalisa keadaan mikroekonomi semasa

Transferable Skills The ability to analyze the current microeconomic conditions

Pensyarah / Lecturer Dr. Mohd. Zaidi Md Zabri/ En. Shamsul Izwan Saharani

Bilik / Room Block B2-5/ Block A1-2

Telefon/e-mel 03-7967 3836/ zaidizabri@um.edu.my / 03-7967 3855/ ssaharani@um.edu.my

Telephone/e-mail
Sesi Kuliah / Lecture Session: Monday (10 – 11:50 am): (Dr. Mohd. Zaidi Md Zabri)

Hari/Masa / Day/Time Synchronous Lectures via Microsoft Teams

Tempat / Venue
Sesi Tutorial/Amali:
Tutorial/Practical Session:
Hari/Masa / Day/Time
Tempat / Venue
Asynchronous Lectures via Microsoft Stream or Podcast (Anchor.fm)
G1: Thursday (9 – 9:50 am) (En. Shamsul Izwan Saharani)
G2: Thursday (10 – 10:50 am) (En. Shamsul Izwan Saharani)
G3: Thursday (11 – 11:50 am) (En. Shamsul Izwan Saharani)
G4: Thursday (2 – 2:50 pm) (En. Shamsul Izwan Saharani)
G5: Thursday (3 – 3:50 pm) (En. Shamsul Izwan Saharani)
G6: Thursday (4 – 4:50 pm) (Dr Mohd Zaidi Md Zabri)
G7: Thursday (5 – 5:50 pm) (Dr Mohd Zaidi Md Zabri)

Synchronous Tutorials via Microsoft Teams

Asynchronous Tutorials via Microsoft Stream or Podcast (Anchor.fm)
Perincian Pemberatan Penilaian Continuous Assessments 50%

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 MAKLUMAT KURSUS UNTUK SEMESTER/PENGGAL SEMASA
COURSE INFORMATION FOR CURRENT SEMESTER/TERM

Detail of Assessment Weightage Assignment Due Date: 29/11/2020 (11.59 pm) 20%

Midterm Coverage: Week 1 through 7

20%
Examination Date: 7/12/2020
Video
Due Date: 27/12/2020 (11.59 pm) 5%
Presentation
Coverage: Week 11 through 13
Online Quiz 5%
Date: 18/1/2021

Alternative Assessment 50%

Learning Reflections 50%

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 MAKLUMAT KURSUS UNTUK SEMESTER/PENGGAL SEMASA
COURSE INFORMATION FOR CURRENT SEMESTER/TERM

Jadual Pengajaran / Teaching Schedule

Week & References/Teaching

Lecture/Tutorial/Assignment Topic
Date Materials/Equipment
Limits, Alternative, and Choices
• The Economic Perspective
• Microeconomics and Macroeconomics
• Society’s Economizing Problem
Chapter 1, McConnell et. al.
• Production Possibilities Model
(2021)
• Unemployment, Growth, and the Future
Week 1 Chapter 1(A), McConnell et. al.
The Market System and the Circular Flow
12/10/2020 (2021)
• Economic Systems
• 5 Fundamentals Questions Chapter 2, McConnell et. al.
• The ‘Invisible Hand’ (2021)
• The Circular Flow Model

(Synchronous lecture via Microsoft Teams

Asynchronous lecture via Microsoft Stream or podcast via
Anchor.fm)

Demand, Supply, and Market Equilibrium

• Markets
• Demand
• Supply Chapter 3, McConnell et. al.
• Market Equilibrium (2021)
Week 2
• Changes in Supply, Demand, and Equilibrium
19/10/2020
• Application: Government-Set Prices

(Synchronous lecture via Microsoft Teams

Asynchronous lecture via Microsoft Stream or podcast via
Anchor.fm)

Market Failures: Public Goods and Externalities

• Market Failures in Competitive Markets
• Efficiently Functioning Markets Chapter 4, McConnell et. al.
• Public Goods (2021)
Week 3
• Externality
26/10/2020

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Elasticity
• Price Elasticity of Demand Chapter 6, McConnell et. al.
Week 4 • Total Revenue Test (2021)
2/11/2020 • Determinants of Price Elasticity of Demand
• Price Elasticity of Supply
• Cross Elasticity and Income Elasticity
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 MAKLUMAT KURSUS UNTUK SEMESTER/PENGGAL SEMASA
COURSE INFORMATION FOR CURRENT SEMESTER/TERM

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Distribution of group assignment’s questions

Utility Maximization
• Law of Diminishing Marginal Utility
• Theory of Consumer Behavior Chapter 7, McConnell et. al.
• Utility Maximization and the Demand Curve (2021)
Week 5 • Income and Substitution Effects Chapter 7(A), McConnell et. al.
9/11/2020 • Appendix: Indifference Curve Analysis (2021)

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Mid Semester Break (16 – 22/11/2020)

Business and the Costs of Production I

• Firm Decision Making
• Decision Time Frames
• Short-Run Technology Constraint
Week 6 Chapter 9, McConnell et. al.
23/11/2020 (Synchronous lecture and tutorials via Microsoft Teams (2021)
Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Submission of group assignment (29/11/2020, 11.59 pm)

Business and the Costs of Production II

• Economic Costs
• Short-Run Production Costs
Week 7 • Long-Run Production Costs Chapter 9, McConnell et. al.
30/11/2020 (2021)
(Synchronous lecture and tutorials via Microsoft Teams
Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Midterm Examination
Monday, 7/12/2020, 10 - 11:00am
Topics Covered: Week 1 – Week 7
Venue: SPeCTRUM
Week 8
7/12/2020
(Synchronous tutorials via Microsoft Teams
Asynchronous tutorials via Microsoft Stream or podcast via Anchor.fm)

Distribution of video assignment’s question

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 MAKLUMAT KURSUS UNTUK SEMESTER/PENGGAL SEMASA
COURSE INFORMATION FOR CURRENT SEMESTER/TERM

Pure Competition in the Short Run and Long Run

• Four Market Models
• Pure Competition: Characteristics
• Demand as Seen by a Purely Competitive Seller
• Profit Maximization in the Short Run: Total Revenue-
Total Cost Approach
• Profit Maximization in the Short Run: Marginal Chapter 10, McConnell et. al.
Week 9 Revenue-Marginal Costs Approach (2021)
14/12/2020 • Marginal Cost and Short Run Supply Chapter 11, McConnell et. al.
(2021)
• The Long Run in Pure Competition
• Long Run Equilibrium
• Long Run Supply Curve

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Pure Monopoly
• An Introduction to Pure Monopoly
• Barriers to Entry
• Monopoly Demand
• Output and Price Determination
• Economic Effects of Monopoly
Week 10
• Price Discrimination Chapter 12, McConnell et. al.
21/12/2020
• Regulated Monopoly (2021)

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Submission of video assignment (27/12/2020, 11.59 pm)

Monopolistic Competition
• Monopolistic Competition
• Price and Output in Monopolistic Competition
• Monopolistic Competition and Efficiency
Week 11 Chapter 13, McConnell et. al.
• Product Variety (2021)
28/12/2020

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Oligopoly and Strategic Behavior

• Oligopoly
• Oligopoly Behavior: A Game Theory Overview
Week 12 Chapter 14, McConnell et. al.
• Three Oligopoly Models
4/1/2021 (2021)
• Oligopoly and Advertising
• Oligopoly and Efficiency

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 MAKLUMAT KURSUS UNTUK SEMESTER/PENGGAL SEMASA
COURSE INFORMATION FOR CURRENT SEMESTER/TERM

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

The Demand for Resources

• Significance of Resource Pricing
• Marginal Productivity Theory of Resource Demand
• Determinants of Resource Demand
• Elasticity of Resource Demand
Week 13 Chapter 16, McConnell et. al.
• Optimal Combination of Resources (2021)
11/1/2021
• Marginal Productivity Theory of Income Distribution

(Synchronous lecture and tutorials via Microsoft Teams

Asynchronous lecture and tutorials via Microsoft Stream or
podcast via Anchor.fm)

Online Quiz
Week 14 Monday, 18/1/2021, 10 – 10.30am
18/1/2021 Topics Covered: Week 11 – Week 13
Venue: SPeCTRUM

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