Instructor

Ravi Nagarathanam

Lecturer

Expertise teaching / lecturing in: Management, Entrepreneurship, Business Law, Economics, Moral Studies, Cyber Law, Company Law, and Leadership. Education Background: (i) Master of Education (Business & Entrepreneurship Education) from The National University of Malaysia (UKM): 2013-2015. (ii) Bachelor of Business Administration (Hons.) from The Northern University of Malaysia (UUM): 2009-2012. (iii) SMK Cochrane, Kuala Lumpur: 2002-2008. (Secondary Education). (iii) SK Jalan Peel, Kuala Lumpur: 1996-2001. (Primary Education). Working Experiences: (i) TMC College, Cheras, Kuala Lumpur: 2016 onward. (Lecturer). (ii) Kolej Mutiara, Kajang, Selangor: 2014-2015. (Lecturer). (iii) Pusat Tuisyen Sri Tropika, Shah Alam, Selangor: 2012-2014. (Tutor). (iv) Vads Berhad, Damansara, Kuala Lumpur: 2008-2009. (Customer Service Executive).

Reviews (1)

Rasel Ahmed

Overview

The rationale for the inclusion of the course / module in the program are:

For the students of business. an understanding of microeconomics will lay the foundations for understanding he functioning of the economy and the micro environment in which business operate.

 

Learning Outcomes:

At the end of the module, students should be able to:

  • Define and differentiate what is economics, microeconomics and macroeconomics, and appreciate how these disciplines emerged;
  • Outline the economic framework, including basic economic problems and three economic system;
  • Identify the determinants of supply and demand and consumer behavior;
  • Analyze constituent parts of the theories of production, supply and demand;
  • Discuss factors determining price and output in the various markets;
  • Explain how price is determined for the factors of productions;
  • Appreciate why and how governments intervene in the free market.

 

Modes of delivery;

  1. Lectures
  2. Tutorials
  3. Quiz(s)

 

Assessment Methods:

Participation 10%
Quiz(s) 10%
Assignment (Group) 20%
Mid Semester Test 20%
Final Examination 40%
TOTAL 100%

 

Topics:

  1. Introduction to economics
  2. Development of Economics As a Discipline
  3. Marginal Utility Theory
  4. Demand and Supply Analysis
  5. The Concept of Elasticity
  6. Production and Cost Analysis
  7. Market Structures
  8. Market Failure and Government Intervention
  9. Microeconomics in the Malaysian Context

 

Course content

  • Topic 1

  • Topic 2

  • Topic 3

  • Topic4

  • Topic 5

  • Topic 6

  • Topic 7

  • Topic 8

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