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 2026 in Semester 2 at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2026
- Semester 2
- Malaysia
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
This is the 2026 handbook entry. See the 2027 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review ECM5953.
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 2026 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 2026
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Malaysia | On campus |
Assessment
- Written30%
- Presentation30%
- Project40%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
analyse the interdependence of economic actors and how economic principles shape market outcomes to affect consumers, producers, and society
- 2
evaluate how various market structures drive economic decision-making and impact outcomes for firms and their stakeholders
- 3
assess economic indicators and their interactions to determine implications for economic stability, growth, and decision-making by governments and policymakers.
Workload and teaching
- Tutorials24 hours
- Teaching approachSimulation or virtual practice
- Teaching approachActive learning
- Teaching approachCase-based teaching
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 allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
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 2026, 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.