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UnitLevel 1Undergraduate

ECW1101 Introductory microeconomics

Faculty of Business and Economics

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ECW1101 Introductory microeconomics is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 31 units, leading on to 74 units in all.

Credit points
6
Offered in 2024
Semester 1, Semester 2
Malaysia
Assessment
Exam 40%
and 1 other task
Workload
144 hours
per semester

This is the 2024 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

31 units list ECW1101 as a prerequisite or corequisite.

Show 23 more

Equivalent units

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

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 2024

Teaching periodCampusMode
First semesterMalaysiaOn campus
Second semesterMalaysiaOn campus

Assessment

  • Within semester assessment
    60%
  • Examination
    40%

Learning outcomes

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

  1. 1

    FIRST SEMESTER: apply economic principles to explain and analyse economic decisions

    SECOND SEMESTER: apply economics principles, concepts, tools and theories to explain individual decision-making

  2. 2

    FIRST SEMESTER: 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

    SECOND SEMESTER: critically assess the effects of government policy or exogenous variables on economic concerns such as social welfare, market efficiency and international trade

  3. 3

    FIRST SEMESTER: critically evaluate the effects of government policy on economic issues, including social welfare, market efficiency, and international trade

    SECOND SEMESTER: analyse and illustrate economic information in various ways, including diagrams, tables and graphs.

  4. 4

    FIRST SEMESTER: proceed to the study of other economics and commerce course units that have a knowledge of introductory microeconomics as a prerequisite.

    SECOND SEMESTER: NA

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.

Where it fits

ECW1101 is part of 2 areas of study in the 2024 handbook.

Contacts

Chief Examiners
Dr Lilian Chan

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 31 units, including BFB2140, BFC2140, BFF2140, BFX2140, ECB2731 and ECB3143. Those lead on to 74 units in all.

When is ECW1101 offered?

In 2024, 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.

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
20202021202220232024202520262027