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EIF2003            ISLAMIC ECONOMICS
            3 Credits

            Pre-requisite     Passed EIA1008 Microeconomics I, EIA1009 Macroeconomics I

            Learning          At the end of the course, students are able to:
            Outcomes
                              1.   Describe the general features of Islamic economic.
                              2.   Apply  Islamic  perspective  to  the  central  issue  of  economics  including  production,
                                  consumption and distribution.
                              3.   Illustrate the difference between Islamic economic and conventional economic on the
                                  fundamentals and various economic issues such as consumption and production.

            Synopsis          This course aims to expose students to the basic fundamentals of Islamic economics. It
                              begins by introducing to students the Islamic worldview and the position of economic in
                              Islam,  the  philosophical  foundations  of  Islamic  economics  and  the  salient  features  of
                              Islamic  economic  system  as  well  as  the  methodology  of  Islamic  economics.    Then  it
                              discusses  the  Islamic  economic perspective  on  fundamental  economic  issues such  as
                              consumption,  production,  distribution,  exchange  guidelines,  financial  institutions,  public
                              finance and the role of the state.

            Medium of         English
            Instruction

            Assessment        Continuous Assessment   : 50%
            Weightage         Final Examination             : 50%


            EIF2004           URBAN ECONOMICS
            3 Credits

            Pre-requisite     None

            Learning          At the end of the course, students are able to:
            Outcomes
                              1.   Explain the existence and growth of cities descriptively and theoretically.
                              2.   Describe the function and role of cities as centre of economic activities.
                              3.   Study the economic and social issues related to urbanization.

            Synopsis          This course discusses the definition of cities and theory behind existence of a city as well
                              as market forces determining its growth. This course also introduces the theories of urban
                              land rent and land use. Other issues related to cities like transportation, housing, pollution,
                              social issues, together with ways to minimized them will also be discussed.

            Medium of         English
            Instruction

            Assessment        Continuous Assessment   : 50%
            Weightage         Final Examination             : 50%
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