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EIA2016         CRITICAL THINKING IN ECONOMICS
                 3 Credits

                 Pre-requisite   None

                 Learning        At the end of the course, students are able to:
                 Outcomes
                                 1.   Explain basic concepts and principles in critical thinking.
                                 2.   Apply principles in critical thinking to theoretical and empirical issues.
                                 3.   Debate logically and critically on various issues in economics.
                                 4.   Organize  appropriate  activities  according  to  society  needs  and  contemporaneous
                                     economic issues.

                 Synopsis        The  course  covers  the  formulation  and  presentation  of  economic  arguments,  common
                                 fallacies in economics, the use of deductive and inductive reasoning in economic theory,
                                 and evaluation of economic policies. “Service-learning” teaching and learning strategy is
                                 implemented in this course to educate the society on the importance of critical thinking.

                 Medium of       English
                 Instruction

                 Assessment      Continuous Assessment  : 70%
                 Weightage       Final Examination            : 30%



                EIA3006         MICROECONOMICS III
                3 Credits

                Pre-requisite   Passed EIA2007 Microeconomics II

                Learning        At the end of the course, students are able to:
                Outcomes
                                1.   Demonstrate comprehensive understanding on microeconomic theories.
                                2.   Apply the microeconomic theories to the analysis of economic problems and policy.
                                3.   Analyze economic problems using mathematical approach.

                Synopsis        This is the sequence for Microeconomics II course, focuses mainly on general equilibrium,
                                market  imperfections,  and  input  markets.  It  introduces  models  to  analyze  monopoly  and
                                imperfect competition market structures. Students will also be exposed to how problems of
                                asymmetric  information  and  externalities  lead  to  market  inefficiencies  as  well  as  their
                                potential corrective measures.

                Medium of                       b.    English
                Instruction

                Assessment      Continuous Assessment  : 50%
                Weightag        Final Examination            : 50%
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