ECM5953 Economics
Faculty of Business and Economics
ECM5953 Economics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 2 at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2025
- Semester 2
- Malaysia
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ECM5953
Prohibitions
You can't enrol if you have passed any of these.
After ECM5953
No unit lists ECM5953 as a prerequisite in the 2025 handbook.
Overview
In this unit you will explore:
Microeconomics: scarcity, economic choice, economic systems, economic ideology, demand and supply analysis, consumer behaviour and elasticity, costs of production and profit maximisation, and perfect competition and monopoly.
Macroeconomics: aggregate demand and aggregate supply, Keynesian versus Neoclassical approaches, the money market and monetary policy, the government budget deficit and fiscal policy, the foreign exchange market and exchange rate policy, unemployment and inflation, and current and capital accounts.
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | Evening |
Assessment
- Written30%
- Presentation30%
- Project40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop a basic understanding of the methodology and principles of economics
- 2
develop a basic understanding of micro and macro economics
- 3
present arguments and make decisions in the economic environment.
Workload and teaching
- Tutorials24 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Mankiw, N.G. 2018. Principles of Economics (Asia Edition), Cengage Learning.
Mankiw, G. N., Quah, E. and Wilson, P. (2013). Principles of Economics: An Asian Edition, 2nd edition . Cengage Learning Asia Pte. Ltd.
Contacts
- Chief Examiners
- Dr Pauline Khoo Poh Ching
Common questions
What are the prerequisites for ECM5953?
ECM5953 has no prerequisites.
When is ECM5953 offered?
In 2025, ECM5953 runs in Semester 2 at Malaysia.
How much work is ECM5953?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECM5953 have an exam?
No. ECM5953 has 3 assessment tasks and no exam.