FAKULTI EKONOMI DAN PENGURUSAN PROGRAM IJAZAH SARJANA EKONOMI

SEMESTER I SESI 2011/2012

1. Tajuk Kursus Makroekonomi

2. Kod Kursus EPPE6024/EEEX6024

3. Status Kursus Teras Program

4. Jam Kredit 4

5. Prasyarat -Tiada-

6. Semester ditawarkan I & II

7. Pensyarah/ Masa dan

Tempat

Pensyarah: Dr. Mohd Azlan Shah Zaidi

Masa: 2.30 pm - 6.00 pm (Isnin)

Tempat: Bilik Seminar 18 (7. 102)

Email: azlan@ukm.my

Web: www.ukm.my/azlan

8. Penilaian Kursus Dip. Siswazah/Sarjana PhD

Mid Term Exam 40% 40%

Final Exam 50% 40%

Assignment 10% 20%

9. Sinopsis Kursus Kursus ini membincangkan isu pengurusan makroekonomi yang

dihadapi dan dasar penstabilan yang diamalkan oleh negara

membangun, khususnya Malaysia. Tajuk penting yang akan

diliputi ialah model keseimbangan statik dalam penentuan

pendapatan negara. Di bawah tajuk ini, perbincangan ditumpukan

kepada keseimbangan sebelah permintaan, keseimbangan sebelah

penawaran, dasar fisikal, dasar kewangan dan dasar pendapatan,

model carian, ketegaran upah dan pengganguran, dan jangkaan

rasional dan dasar permintaan. Di samping itu, kursus ini turut

membincangkan tajuk fungsi permintaan sektoral yang meliputi

teori penggunaan, permintaan pelaburan, permintaan dan

penawaran wang, dan sektor asing dan imbangan pembayaran.

10. Hasil Pembelajaran

Kursus (HPK)

After attending this course, the students should be able to:

- explain the macroeconomic model in terms of the standard IS-

LM and IS-PC-MR model in the good market, money market,

and labour market.

- analyze the role of fiscal and monetary policies

- understand the role of consumption, investment, and finance in

economic activity

- analyze the macroeconomic model in open economy

- understand the economic growth model in terms of exogenous

and endogenous growth model

11. Kaedah Pengajaran Kuliah, tutorial, dan seminar

12. Perincian Kursus

Week Content *Bloom HPK Kemahiran

Insaniah

1 Introduction 1-2

2 Aggregate Demand, Aggregate Supply and

Business Cycles 1-6

3 Inflation, Unemployment and Monetary Rules 1-6

4 Labor Market and Supply-Side Policies 1-6

5 Monetary Policy 1-6

6 Fiscal policy 1-6

7 Consumption and Investment 1-6

8

Midterm 1-6

Money and Finance 1-6

9 The Open Economy in the Short Run 1-6

10 Inflation and Unemployment in the Open Economy 1-6

11 Shocks and Policy Responses in the Open

Economy 1-6

12 Interdependent Economies 1-6

13 Exogenous Growth Theory 1-6

14 Endogenous and Schumpeterian Growth 1-6

13. Bacaan Asas

Carlin, Wendy & Soskice, David. 2006. Macroeconomics:

Imperfections, Institution and Policies. Oxford: Oxford

University Press.

Branson, H, William.1989. Macroeconomics theory and policy.

Cambridge: Harper and Row.

Carlin, Wendy & Soskice, David. 1990. Macroeconomics and

wage bargain. Oxford: Oxford University Press.

Cook, P & Kirkpatrick, C.1990. Macroeconomics for developing

countries. London: Havester Wheatsheaf.

Heijdra, Ben J & Frederick Van Der Plog. 2002. The foundation of

modern macroeconomics. New York: Oxford University Press.

Mankiw, N. G. 2010. Macroeconomics. Worth Publishers, 7th

Edition.

Snowdown, B, Vane, H & Wynarczyk, P. 1994. A Modern guide to

macroeconomics: an introduction to competing school of

thought. Cheltenham : Edward Elgar.

1= Pengetahuan, 2=Kefahaman, 3=Aplikasi, 4=Analisis, 5=Sintesis, 6=Penilaian

Notional Credit Hour Estimation

(Independent Hour)/(Contact Hour)

Kuliah 3

Pembentangan 1

Projek 1

Course Credit 4

Notional Credit Hour

Estimation

Remarks : 40 learning hour per semester is equivalent to 1 notional credit hour (Independent Hour)/(Contact

Hour)

Kuliah 3

Tutorial &

PBL

2

Minggu Tajuk Kuliah Pembentangan Projek Pembelajaran

bebas

Jum jam

pembelajaran

1 Introduction 1 0 0 4 5

2 Aggregate Demand,

Aggregate Supply and

Business Cycles

3 1 3 5 12

3 Inflation, Unemployment

and Monetary Rules

3 1 3 5 12

4 Labor Market and Supply-

Side Policies

3 1 3 5 12

5 Monetary Policy 3 1 3 5 12

6 Fiscal policy 3 1 3 5 12

7 Consumption and

Investment

3 1 3 5 12

8 Money and Finance 3 1 3 5 12

9 The Open Economy in the

Short Run

3 1 3 5 12

10 Inflation and Unemployment

in the Open Economy

3 1 3 5 12

11 Shocks and Policy

Responses in the Open

Economy

3 1 3 5 12

12 Interdependent Economies 3 1 3 5 12

13 Exogenous Growth Theory 3 1 3 5 12

14 Endogenous and

Schumpeterian Growth

3 1 3 5 12

Total Learning Hour in 1 Semester 40 13 39 69 161

Required Notional Learning Hour 160

Notional Credit Hour 4.025

Guidelines for Assignments

There are two types of assignments;

(1) Group presentation and report, and

(2) Individual essay (for PhD students only).

1. Group Presentation (10%): Presentation (5%), Report (5%)

You have to set up a group consisting of not more than 4 persons per group. Your

group should then decide/select a topic (from Topic 2-Topic 14 of the course

contents) to be discussed and presented. You and your group members have to

specifically choose a specific subject matter of the topic selected. Your presentation

should include discussion of some theoretical aspects of the topic and the related data/

empirical findings that support them.

Group presentation will begin after mid-semester break (weeks 8). The due date for

submitting the full essay is before the final exam of the course. Please make sure the

final essay is not more than 15 pages using 1.5 spacing (Times New Roman).

2. Individual Essay (10%): For PhD students only

You have to compare, criticize and synthesize at least two recent articles (from

journal) related to any topic in the course contents. The articles/journal should be

from the ones that are indexed in ISI/SSCI (economics). At the moment, there are 304

journals indexed in ISI/SSCI (Economics). Please refer to the library website for the

detailed information. You can choose either the theoretical or empirical articles or

combination of them.

In writing the essay, you should discuss (compare, criticize and synthesize) the

following:

(a) Motivation/research question

(b) Research design/theoretical framework

(c) Estimations results/calibration

(d) Summary and conclusion

(e) Comments or suggestions

The due date for submitting the final essay is before the final exam of the course.

Also, please make sure the final essay is not more than 10 pages using 1.5 spacing

(Times New Roman).

All the best and good luck.