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Faculty of Economics and Business, UNIMAS<br />

<strong>COURSE</strong> <strong>TITLE</strong><br />

<strong>COURSE</strong> CODE<br />

<strong>MALAYSIAN</strong> <strong>ECONOMY</strong><br />

(<strong>Ekonomi</strong> <strong>Malaysia</strong>)<br />

EBE2033<br />

CREDIT 3<br />

PREREQUISITE/S<br />

SYNOPSIS<br />

N/A<br />

<strong>Malaysia</strong> has achieved an impressive economic growth during<br />

the 1970s and 1980s, which has continued in the 1990s. By<br />

1996, <strong>Malaysia</strong> had experienced more than nine years of<br />

sustained rapid economic growth after the 1986s recession. The<br />

recovery was considerably assisted by the economic<br />

liberalization measures taken in the mid- 1980s. This factor has<br />

been consolidated in the early 1990 with a commitment to<br />

achieve the status of a fully developed country by the year 2020<br />

by focusing manufacturing-based economic growth. However,<br />

the 1997/8 crises disclosed some problems in our economic<br />

management. This course wishes to highlight the contributing<br />

factors to <strong>Malaysia</strong>s economic growth and the economics<br />

prospects as well as the challenges face by the nation in moving<br />

towards the year 2020.<br />

(<strong>Malaysia</strong> telah mencapai pertumbuhan ekonomi yang amat<br />

membanggakan pada tahun-tahun 1970an, 1980an dan prestasi<br />

ini berterusan sehingga tahun 1990an. Pada tahun 1996,<br />

<strong>Malaysia</strong> telah merekodkan pertumbuhan ekonomi berterusan<br />

selama sembilan tahun selepas mengalami kemelesetan ekonomi<br />

pada tahun 1986. Pemulihan tersebut telah didorong oleh<br />

liberalisasi ekonomi yang diperkenalkan pada pertengahan<br />

tahun 1980an. Usaha ini telah dikukuhkan lagi pada awal tahun<br />

1990 dengan komitmen untuk mencapai status negara maju<br />

sepenuhnya menjelang tahun 2020 melalui penekanan kepada<br />

pertumbuhan sektor pembuatan. Walaubagaimanapun, krisis<br />

kewangan yang melanda negara-negara Asia pada tahun<br />

1996/1997 telah mendedahkan beberapa masalah ekonomi di<br />

<strong>Malaysia</strong>. Kursus ini mengupas faktor-faktor penyumbang<br />

kepada pertumbuhan ekonomi <strong>Malaysia</strong>, prospek dan cabaran<br />

EBE2033 <strong>Malaysia</strong>n Economy 1 / 4


Faculty of Economics and Business, UNIMAS<br />

yang dihadapi oleh <strong>Malaysia</strong> di dalam usaha menuju ke arah<br />

negara maju menjelang tahun 2020.)<br />

LEARNING<br />

OUTCOMES<br />

By the end of this course, students will be able to:<br />

o list down previous and current economic policies and<br />

socio-economic issues in <strong>Malaysia</strong>, and to relate it with the<br />

performance of <strong>Malaysia</strong>n economy in the past and future.<br />

(C2, P1, A4, CT)<br />

o explain the roles of different economic sectoral and their<br />

importance on the development of <strong>Malaysia</strong>n economy<br />

(C2, P1, A4, CT, TS)<br />

o Relate how ICT development facilitates the achievement of<br />

Vision 2020 (C3, P1, A4, CS, CT)<br />

STUDENT<br />

LEARNING<br />

HOURS<br />

Lectures<br />

Tutorials<br />

Self-Study<br />

Quizzes, Tests, & Examinations<br />

Total<br />

28 Hour/s<br />

10 Hour/s<br />

73 Hour/s<br />

9 Hour/s<br />

120 Hour/s<br />

LEARNING<br />

UNITS<br />

Supervised<br />

Learning Hours<br />

1. LU 1: Introduction<br />

3<br />

a. Background of <strong>Malaysia</strong>n Economy-Analyzing<br />

Macroeconomic indicators<br />

2. b. Highlighting <strong>Malaysia</strong>n economic policies<br />

3<br />

3. LU 2: Structural Development and Performance of<br />

<strong>Malaysia</strong>n Economy<br />

a. Agricultural Sector Development<br />

b. Automotive Industry Development<br />

3<br />

4. c. Telecommunications Sector<br />

3<br />

d. Tourism Industry<br />

5. e. Banking Industry - Merging and consolidation<br />

issues<br />

f. Foreign Direct Investment and economic<br />

development<br />

3<br />

EBE2033 <strong>Malaysia</strong>n Economy 2 / 4


Faculty of Economics and Business, UNIMAS<br />

6. g. Privatization Programme and its impact on<br />

3<br />

economic development in <strong>Malaysia</strong><br />

7. LU 3: Socio Economic Issues in <strong>Malaysia</strong><br />

0<br />

a. Patterns and Trends in Income Distribution,<br />

Employment, Retrenchment and Poverty<br />

8. b. Education and Manpower Development in<br />

0<br />

<strong>Malaysia</strong><br />

9. LU 4: Knowledge-based economy (K Economy)<br />

Development in <strong>Malaysia</strong><br />

a. Knowledge-Based Economy Development<br />

b. Multimedia Super Corridor (MSC) and Vision<br />

2020<br />

0<br />

10. LU 5: Financial Crisis- What is our faults<br />

0<br />

a. Fundamental reassessment.<br />

b. Theoritical views underlying the financial crisis<br />

11. c. Globalization and Its Challenges<br />

0<br />

-WTO and Regional Trade Arrangements<br />

-Impact of globalization on <strong>Malaysia</strong>n Economy<br />

12. LU 6: Optimum Currency Area (OCA) and Currency<br />

Band<br />

-ASEAN Economic Community (AEC)<br />

-Economic Integration-OCA, its benefits and costs<br />

0<br />

13. Currency Band<br />

-Regimes of currency in <strong>Malaysia</strong>: Pegging and<br />

managed float and its implication on the strength of<br />

<strong>Malaysia</strong>n Ringgit<br />

0<br />

14. Revision<br />

0<br />

ASSESSMENT Assignment<br />

30 %<br />

Quiz<br />

5 %<br />

Mid term exam<br />

25 %<br />

final exam<br />

40 %<br />

Total<br />

100 %<br />

EBE2033 <strong>Malaysia</strong>n Economy 3 / 4


Faculty of Economics and Business, UNIMAS<br />

REFERENCES 1. Poon Wai Ching, 2009. The Development of <strong>Malaysia</strong>n<br />

Economy, Kuala Lumpur: Prentice Hall<br />

2. K.S. Jomo (Ed). 1994. <strong>Malaysia</strong>s Economy in the<br />

Nineties. Kuala Lumpur: Pelanduk Publications<br />

3. Okposin, S. B., 2003. Perubahan Fasa <strong>Ekonomi</strong> <strong>Malaysia</strong>.<br />

Kuala Lumpur: Utusan Publlcations and Distributors<br />

4. Ministry of Finance <strong>Malaysia</strong>. Economic Report, Various<br />

Issues. Kuala Lumpur: PNMB<br />

Last updated: February 6, 2010, Sat, 2:39 PM<br />

EBE2033 <strong>Malaysia</strong>n Economy 4 / 4

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