AB0901 Course Outline 1
AB0901
PRINCIPLES OF ECONOMICS: A SINGAPORE PERSPECTIVE
_________________________________________________________________________
Academic Year
:
2013 - 2014
Semester
:
July
Course Coordinator
:
Tan Khay Boon
Other Instructor(s)
:
Siang Ng
Ong Qiyan
Lu Jia
Suman Kumari Sharma
Pre-requisites
:
Nil
No. of AUs
:
3
Course Description and Scope
This course aims to provide a basic understanding of Economics. The first portion of the course will cover topics in Macroeconomics such as Gross Domestic Product, inflation, Unemployment, Fiscal Policy, Monetary Policy, Balance of Payments and Exchange Rate. The second portion of the course will cover topics in Microeconomics such as the theory of consumption, the theory of production and market structures
Course Learning Objectives
After the course, students should be able to:
Explain the concepts of demand, supply, elasticity, efficiency, GDP, inflation and unemployment
Apply economic models to analyze impact on market and economy when shock occurs
Calculate revenue, cost and output for firms
Compare and contrast different market structures
Analyze the effect of government policies on market and economy
Discuss exchange rate determination and balance of payments
Learning & Teaching Methods
Lectures : 2 hours per week
Tutorials : 1 hour per week
Course Assessments
Components
Marks
Individual/Group
Quizzes
20%
Individual
Class Participation
10%
Individual
Final Examination
70%
Individual
Total
100
Readings and References
Basic Texts: Economics, 10th Edition, Michael Parkin, Addison-Wesley, 2008.
NTU Library Call Number: HB171.5.P247 2012
Other Resources
MyEconLab - Bundle with the Recommended Text
Course Instructors
Instructor
Office Location
Phone
Email
Tan Khay Boon
khayboon@ntu.edu.sg
Siang Ng
siangng@ntu.edu.sg
Ong Qiyan
qyong@ntu.edu.sg
Suman Kamari Sharma
sumansharma@ntu.edu.sg
Liu Jia
jliu1@e.ntu.edu.sg
Proposed Weekly Schedule
Week
Topic
Learning Objectives
PRINCIPLES OF ECONOMICS: A SINGAPORE PERSPECTIVE
_________________________________________________________________________
Academic Year
:
2013 - 2014
Semester
:
July
Course Coordinator
:
Tan Khay Boon
Other Instructor(s)
:
Siang Ng
Ong Qiyan
Lu Jia
Suman Kumari Sharma
Pre-requisites
:
Nil
No. of AUs
:
3
Course Description and Scope
This course aims to provide a basic understanding of Economics. The first portion of the course will cover topics in Macroeconomics such as Gross Domestic Product, inflation, Unemployment, Fiscal Policy, Monetary Policy, Balance of Payments and Exchange Rate. The second portion of the course will cover topics in Microeconomics such as the theory of consumption, the theory of production and market structures
Course Learning Objectives
After the course, students should be able to:
Explain the concepts of demand, supply, elasticity, efficiency, GDP, inflation and unemployment
Apply economic models to analyze impact on market and economy when shock occurs
Calculate revenue, cost and output for firms
Compare and contrast different market structures
Analyze the effect of government policies on market and economy
Discuss exchange rate determination and balance of payments
Learning & Teaching Methods
Lectures : 2 hours per week
Tutorials : 1 hour per week
Course Assessments
Components
Marks
Individual/Group
Quizzes
20%
Individual
Class Participation
10%
Individual
Final Examination
70%
Individual
Total
100
Readings and References
Basic Texts: Economics, 10th Edition, Michael Parkin, Addison-Wesley, 2008.
NTU Library Call Number: HB171.5.P247 2012
Other Resources
MyEconLab - Bundle with the Recommended Text
Course Instructors
Instructor
Office Location
Phone
Tan Khay Boon
khayboon@ntu.edu.sg
Siang Ng
siangng@ntu.edu.sg
Ong Qiyan
qyong@ntu.edu.sg
Suman Kamari Sharma
sumansharma@ntu.edu.sg
Liu Jia
jliu1@e.ntu.edu.sg
Proposed Weekly Schedule
Week
Topic
Learning Objectives
References: Basic Texts: Economics, 10th Edition, Michael Parkin, Addison-Wesley, 2008.