Page 33 - index

◄Faculty of Economics and Administration►

2005, Bank Negara Malaysia.
(7) Salahuddin Ahmed (2006), Islamic Banking , Finance
and Insurance: A Global Overview, A.S Noordeen
Kuala Lumpur.
(8) Archer S & Rifaat Ahmed (2002), Islamic Finance,
Innovation and Growth, Euromoney Books London.
(9) Sohail Jaffer (2004), Islamic Asset Management,
Euromoney Books, London.
(10) Mohd Daud Bakar (articles)
(i) Riba and Islamic Banking.
(ii) Contracts in Islamic Commercial Law and Their
Application in Modern Islamic Financial System.

EXGA6311 ISSUES IN ECONOMIC ANALYSIS
Learning Outcomes At the end of the course, students are able to:

(1) Conduct economic analysis on selected contemporary
economic issues that are of interest to society;
(2) Examine and analyze issues of related public policy;
and
(3) Assess the implication of a wide range of economic
issues.
Synopsis of Course This course deals with contemporary economic issues and
Contents the related public policy. The areas to be discussed include
developments in growth economics, network economics,
financial globalization, law and finance, and population
ageing and the provision of old age pensions. The focus of
discussion covers disparity among nations and the
convergence controversy; externalities, inter-dependency
and path-dependence of the network industries; financial
meltdowns in past emerging market globalization episodes;
corporate finance and governance and its inter-relationship
to the financial system and legal infrastructure; and
debates about pension reform as well as retirement
investing.
Assessment Methods Continuous Assessment: 50%
Final Examination: 50%
Main Reference (1) Faccio, M. Lang Larry H.P and Young L. (2000.
“Dividends & Expropriation”, American Economic
Review.
(2) Gill,I and Kharas, H. (2007). An East Asian
Renaissance – Ideas for Economic Growth, The World
Bank.
(3) Helpman, E. (2004).The Mystery of Economic Growth,
Harvard University Press.
(4) Jones, C.I. (2002). Introduction to Economic Growth,
nd
2 Ed, W.W. Norton & Co.
(5) La Porta R, Florence Lopez-de-Silanes, Shleifer A,
and Vishny, R.W. (1998) “Law & Finance”, Journal of
Political Economy, Vol 106, No 6, pp 1113 – 1155.
(6) La Porta R, Florence Lopez-de-Silanes, Shleifer A,
and Vishny, R.W. (1997) “Legal determinants of
External Finance”, Journal of Finance, pp 1131- 50.
(7) Landes, D. (1998). The Wealth and Poverty of

33