UnitLevel 1Undergraduate

ECW1101 Introductory microeconomics

Faculty of Business and Economics

ECW1101 Introductory microeconomics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 32 units, leading on to 76 units in all.

Credit points: 6
Offered in 2023: Semester 1, Semester 2; Malaysia
Assessment: Exam 40%; and 1 other task
Workload: 144 hours; per semester

This is the 2023 handbook entry. See the 2027 entry.

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Requisites

Before ECW1101

Prohibitions

You can't enrol if you have passed any of these.

One of

After ECW1101

32 units list ECW1101 as a prerequisite or corequisite.

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Equivalent units

The same content under another code. Only one of them counts.

ECB1101Introductory microeconomicsNo reviews yet

Overview

An introduction to the study of economics; consumer behaviour; demand and supply and the operation of markets; market efficiency and welfare; welfare effects of international trade; public sector economics; the behaviour of firms and the organisation of an industry; market structures - perfect competition and monopoly; economies of the labour market.

Offerings in 2023

Teaching period	Campus	Mode
First semester	Malaysia	On campus
Second semester	Malaysia	On campus

Assessment

Within semester assessment
60%
Examination
40%

Learning outcomes

When you finish this unit, you should be able to:

1
apply economic principles to explain and analyse economic decisions
2
explain the nature and the role of theory and models in economic analysis, and use them to describe individual behaviour as well as the main features and outcomes of various market structures
3
critically evaluate the effects of government policy on economic issues, including social welfare, market efficiency, and international trade
4
proceed to the study of other economics and commerce course units that have a knowledge of introductory microeconomics as a prerequisite.

Workload and teaching

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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Where it fits

ECW1101 is part of 3 areas of study in the 2023 handbook.

Contacts

Chief Examiners: Dr Lilian Chan; Professor Grace Lee

Common questions

What are the prerequisites for ECW1101?

ECW1101 has no prerequisites.

What can I take after ECW1101?

ECW1101 is a prerequisite or corequisite for 32 units, including BFB2140, BFC2140, BFF2140, BFW2140, BFX2140 and ECB2731. Those lead on to 76 units in all.

When is ECW1101 offered?

In 2023, ECW1101 runs in Semester 1 and Semester 2 at Malaysia.

How much work is ECW1101?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECW1101 have an exam?

Yes. The exam is worth 40% of the final mark, alongside 1 other task.

Which majors and minors include ECW1101?

ECW1101 is part of Applied economics and International business management.

More details

Credit points: 6
Level: 1
Study level: Undergraduate
Faculty: Faculty of Business and Economics
Organisational unit: Department of Economics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 4
Study abroad: Available
Handbook years: 2020 2021 202220232024 2025 2026 2027