.

.
UNIVERSITI TEKNOLOGI MARA

Outcome Based Education

Student Centered Learning

Code

DQS136

Course

PRINCIPLES OF ECONOMICS

Level

DIPLOMA

Credit Unit/ SLT

2 / 80

Contact Hour

Lecture 2 hrs/week
Tutorial 1 hr/week
42 hrs F2F + 38 HRS NF2F

Part

Course Status
(Core/Non Core)

NON-CORE

Prerequisite

NONE

Content

1.0

Course Information

2.0

CO PO Matrix

3.0

Course Contents

4.0

Scheme of Work

5.0

Assessment Information

6.0

Assessment Description and Outcomes

7.0

Assessment Breakdown and Rubrics

8.0

Teaching Methodology

9.0

Student Learning Time (SLT)

10.0

Entrance and Exit Survey

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1.0

COURSE INFORMATION

1.1

Course Outcomes

Upon completion, students should be able:

1. to explain the basic economic concept, market demand and supply, market
equilibrium, business cycle, national income, inflation, and international trade.
2. to describe the roles of government, government policy and intervention in order
to control the stabilization of economy in Malaysia.
3. to interpret demand and supply curve, calculate and analyse the elasticity of
demand and supply, national income, and inflation rate.

1.2

Course Description

This course is intended to provide an introduction to basic ideas of economics and

focuses on student learning and applying the central ideas used in economic analysis. It
is also aimed to provide the students with a general knowledge of the factors of economic
affecting the construction industry.

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1.3

1.4

Syllabus Content
1.

Basic Economic Concept.

Macroeconomics and microeconomics
Concepts of scarcity, opportunity costs and choices
Economic systems

2.

Market Demand and Supply.

The market structure
The law of demand and supply
Elasticity of demand and supply

3.

Market Equilibrium.
Changes in market equilibrium.
Effects of government intervention in the markets

4.

Government Macroeconomic Policy.

School of thoughts in economics
The monetary system
Monetary policy, fiscal policy, and supply-side policy

5.

National Income.
Measuring national income and output
Computing GDP and measurements other than GDP
GDP and living standards problems of interpretation

6.

Growth, Cycles and Unemployment.

Sources and costs of economic growth

Factors affecting a business cycle

Types and causes of unemployment

7.

Inflation.
Types, causes and effects of inflation

8.

International Trade.
Comparative advantage theory and opportunity cost
Gains and losses of international trade
Reasons for protectionism
The global trading environment

Teaching Methodology

Lecture
Tutorial
Group Discussion

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1.5

Assessment

Examination

60%

Coursework:
1. Test 1
2. Test 2
3. Assignment

:
:
:

10%
10%
20%

TOTAL

100%

1.6

Recommended Text

Vengedasalam, D. & Madhavan, K. (2010). Principles of Economics. (2nd ed). Selangor,

Malaysia: Oxford Fajar Sdn. Bhd.
1.7

References

Mankiw, N.G. (2001). Essential of economics. (2nd ed). Orlando: Harcourt College
Publishers.
Mankiw, N. G. (2011). Principles of economics. (6th ed) Canada: South Western,
Cengage Learning Publishers.
Schiller, B.R. (2002). Essential of economics. (3rd ed). Washington: McGraw-Hill Irwin.

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2.0

CO PO MATRIX

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3.0
NO.

COURSE CONTENTS
TOPICS

CONTENT

1.

Basic Economic
Concept.

Microeconomics and macroeconomics

Concepts of scarcity, opportunity costs and choices
Economic systems

2.

Market Demand
and Supply.

The market structure

The law of demand and supply
Elasticity of demand and supply

3.

Market
Equilibrium.

Changes in market equilibrium

Effects of government intervention in the markets

3.

Government
Macroeconomic
Policy.

School of thoughts in economics

The monetary system
Monetary policy, fiscal policy, and supply-side policy

4.

National Income.

Measuring national income and output

Computing GDP and measurements other than GDP
GDP and living standards - problems of interpretation

5.

Growth, Cycles
and
Unemployment.

Sources and costs of economic growth

Factors affecting a business cycle
Types and causes of unemployment

5.

Inflation

Types, causes and effects of inflation

6.

International
Trade

Comparative
advantage
theory
opportunity cost
Gains and losses of international trade
Reasons for protectionism
The global trading environment

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and

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4.0

SCHEME OF WORK

WEEK

TOPIC

IMPLEMENTATION

Basic Economic Concept.

Ice breaking
Introduction to course content &
assessment information.
Definition of economics.
Macroeconomics versus
microeconomics.
Concepts of scarcity, opportunity costs
and choices.
Economic system - factors of production
and three fundamental economics
questions.

Lectures
Classroom activities
Tutorial

Market Demand and Supply.

Lectures

Define demand & law of Classroom activities

Tutorial
demand.

Distinctions between changes

in quantity demanded and changes in
demand.

Determinants of demand.

Market Demand and Supply.

Lectures

Define supply & law of supply. Classroom activities

Distinction between changes Tutorial

in quantity supply and changes in supply.

Determinants of supply.

Market Demand and Supply.

Introduction to concepts of elasticity.
Price, Income & Cross Elasticity of
Demand (Definition, calculation,
interpretations & determinants)

Lectures
Classroom activities
Tutorial

Market Demand and Supply.

Price Elasticity of Supply (Definition,
calculation, interpretations &
determinants)

Lectures
Classroom activities
Tutorial

Market Equilibrium

Changes in market equilibrium

Effects of government
intervention in the markets
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HOURS

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WEEK

TOPIC

IMPLEMENTATION

HOURS

Government Macroeconomic Policy.

Lectures
Test 1
Schools of thoughts in economics
Definitions and functions of monetary
system, fiscal policy, supply-side policy
and other related policies affecting the
construction industry.

National Income.
Definition of national income.
Measuring national income and output
by using expenditure, income and output
approach.

Lectures
Tutorial

SEMESTER BREAK

National Income
Lectures
Measuring national income and output Tutorial
by using expenditure, income and output
approach.
Computing GDP and measurements
other than GDP,

10

National Income
GDP and living standards problem of
interpretation
Uses of national income, difficulties in
calculating national income.

Lectures
Tutorial

11

Growth, Cycles and Unemployment

Lectures
Sources and measure economic growth Tutorial
(Real, nominal & per capita income)
Phases of business cycle
Factor affecting a business cycle
Types and causes of unemployment

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12

Submission of assignment and presentation

Class activities
Presentation

13

Inflation.
Definition of inflation.
Types of inflation demand-pull and
cost-push.
Effects of inflation gainers and losers.

Lectures
Tutorial
Assignment
presentation

14

International Trade.
Lectures
Differences between domestic and Tutorial
Test 2
international trade.
Advantages / gains of international trade.
Tools of protectionism.
Reasons of protectionism.

15

Revision Week

Class Activities

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5.0

ASSESSMENT INFORMATION

NO
1

ITEMS
ASSIGNMENT

MARKS

ASSESSMENT BREAKDOWN

20%

Group work and presentation : fiscal

& monetary policies = 60 marks

Total assignment marks will

converted to rubrics scale of 10
2

TEST 1

10%

be

10 MCQ @ 2 marks each = 20

marks
Structured = 40 marks
Essay questions = 40 marks

Total marks for test is 100 marks and

will be converted to rubrics scale of
15
3

TEST 2

10%

10 MCQ @ 2 marks each = 20

marks
Structured = 40 marks
Essay questions = 40 marks

Total marks for test is 100 marks and

will be converted to rubrics scale of
15
4

FINAL EXAM

60%

10 MCQ @ 2 marks each = 20

marks
4 Structured = 50 marks
Essay questions = 30 marks

Total marks for final examination is

100 marks and will be reduce to 60
marks

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6.0

ASSESSMENT DESCRIPTION AND OUTCOME

NO.

ITEMS DESCRIPTION

OUTCOME

1.

Assignment
The assignment requires the
students to demonstrate the
formulation and the importance of
the national income.

This item measures their ability to compute

the national income and to describe the
monetary and fiscal policies.
CO1, CO2, CO3, CLO1, CLO2, CLO3, PO1,
PO2, PEO1, PEO2, LO1, LO2, C1, C2, P1,
The students will be able to P2, A1, CS1, CS2, CS3, TS1, TS2, TS3,
explain
the
government LS1, LS2
economic policies.

2.

Test 1
The first test requires
students
to
grasp
microeconomic concepts.

the It will measure students acquired

the microeconomics knowledge.
CO1, CO2, CO3, CLO1, CLO2, CLO3, PO1,
PO2, PEO1, PEO2, LO1, LO2, C1, C2, P1,
P2, A1, CS1, CS2

3.

Test 2
The second test requires the It will measure students acquired
students
to
grasp
the macroeconomic knowledge.
macroeconomic concept.
CO1, CO2, CO3, CLO1, CLO2, CLO3, PO1,
PO2, PEO1, PEO2, LO1, LO2, C1, C2, P1,
P2, A1, CS1, CS2

4.

Final examination
The final examination requires
the students to explain the
microeconomic
&
macroeconomic concepts.

OBE-SCL AP114

The final examination will measure their

economic knowledge affecting the
construction industry.
CO1, CO2, CO3, CLO1, CLO2, CLO3, PO1,
PO2, PEO1, PEO2, LO1, LO2, C1, C2, P1,
P2, A1, CS1, CS2

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CODE
QSD136
COURSE PRINCIPLES OF ECONOMICS
Ability to explain the principles tools and concepts of economics analysis
and reasoning, while having the ability to identify how a market economy
functions and roles of government within it, as well as having the ability
to demonstrate the formulation and the importance of the national
income.
Ability to explain the government economics policies and economics
environment within business operate.
Ability to identify the economics factors, which influence the behaviour
and performance of firms and industries.

CLO 1

Able to explain the theories and function of economic systems, theories

of firm, measurement of national income and international economics
forces effecting individual and national economics policies

CLO 2

Ability to apply the principles of economics to the nature of a mixed

economy and able to apply aggregate demand and supply.

CLO 3

Ability to explain economics forces at work, effects of macroeconomics

policies, roles of the market in resources allocation and application of
government policies and tools to improve conditions and the associated
problems.

PO1

Ability to comprehend fundamental knowledge of quantity surveying and

ability to acquire in depth technical knowledge in one or more
specializations in construction industry.

Ability to apply the knowledge, technique, skill and modern quantity

surveying tools necessary for quantity surveying practices.
To produce graduates with an understanding of fundamental knowledge
in the field of quantity surveying and construction.

To produce graduates who are adequately learned, skilled and trained to

assist on all aspects of cost and management of construction project.

LO1

Knowledge in Specific Area

LO2

Practical Skills (P)

LO5

Social skills, teamwork and responsibilities (A)

CO 1

CO 2
CO 3

PO2
PEO1
PEO2

C1

Knowledge

C2

Comprehension

P1

Perception

P2

Set

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A1
TS1
TS2
TS3

Receiving to Phenomena
Kebolehan untuk membina hubungan yang baik, berinteraksi dengan
orang lain dan bekerja secara efektif bersama mereka untuk mencapai
objektif yang sama.
Kebolehan untuk memahami dan mengambil peranan bersilih ganti
antara ketua kumpulan dan ahli kumpulan
Kebolehan untuk mengenal dan menghormati sikap, kelakuan dan
kepercayaan orang lain.

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7.0
NO
1

ASSESSMENT BREAKDOWN & RUBRIC

MARKS &
ASSESSMENT
DESCRIPTION

ITEMS
ASSIGNMENT

RUBRIC DESCRIPTION

Group work and Marks awarded based on: -

presentation
fiscal
monetary
policies =
marks

& WRITTEN AND PRESENTATION ASSIGNMENT without CS4 - (60 marks)

60

Assignment
marks will be
converted to
rubrics scale of
10

Introduction (5 marks)
Work - Formulation and the importance of the national income (25 marks)
Conclusion (5 marks)
References (2 marks)
Communication skills CS1 - written (3 marks)
Communication skills CS1, CS2 & CS3 presentation skills (2 marks)
Teamwork skills TS1, TS2 & TS3 peer assessment (18 marks)

a) Introduction 5 marks
a. Exemplary 5 : : Insightful introduced and overview the topic, with examples of current
issues
b. Excellent 4 : Insightful introduced and overview the topic
c. Good 3 : Clear introduced and overview the topic
d. Average 2 : Introduction is introduced and somewhat discussed.
e. Poor 1 : Introduction is introduced and somewhat is irrelevant.
f. Very poor 0 : No introduction.

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b) Work 25 marks
a. Excellent 21 25 : Work is clearly discussed and reflected, with current examples
b. Good 16 20 : Work is clearly discussed and reflected.
c. Average 11 15 : Work is introduced but not clearly reflected.
d. Satisfy 6 10 : Work is introduced and somewhat discussed.
e. Poor: 1 5 : Work is not clearly discussed and irrelevant.
f. Non compliance : 0 : No work is done.
c) Conclusion - 5 marks
a. Exemplary 5 : Conclusion is presented outstandingly clear, and demonstrated the ability
to related to the whole work to course outcome
b. Excellent 4: Conclusion is presented clearly, and demonstrated the ability to relate to
the introduction part of the work
c. Good 3 : Conclusion is presented clearly
d. Average 2: Conclusion is moderately presented.
e. Poor 1: Conclusion is irrelevant.
f. Very poor 0: No conclusion presented
d) References (2 marks)
a. Good 2 : references is presented with a good and acceptable format, and cross
referred to the whole Work.
b. Poor 1 : references is presented with poor format, and not all are cross referred
c. Very poor: 0 No references is presented.
e) Communication Skills CS1 - written (3 marks)
a. Excellent 3 : Work is presented clearly, effectively and logically. Very smooth flow of
ideas and expression. Very good command of English
b. Average 2 : Work is presented moderately clear, effective and logic. Demonstrate an
attempt to be confident in communicating ideas, yet minor error in English usage.
c. Poor 1 : Work is presented poorly, lack of clear, effective and logical flow of ideas. Major
error in English usage
d. Very poor 0 : Ideas are not communicated, either through writing or illustrations. Very
poor use of English Language.

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f) Communication Skills CS1, CS2 & CS3 presentation skills (8 marks)

a. Exemplary 7 8 : Ideas delivered are outstandingly clear, effective and confident. Very
extraordinarily smooth flow of thoughts and expression. Very good command of English.
Demonstrate exceptional ability to actively listen and respond to questions and queries
b. Excellent 5 6 : Ideas delivered are very clear, effective and confident. Very good
smooth flow of thoughts and expression. Very good command of English. Demonstrate
excellent ability to actively listen and respond to questions and queries
c. Good 3 - 4 : Ideas delivered are clear, effective and confident. Good smooth flow of
thoughts and expression. Good command of English. Demonstrate competent ability to
actively listen and respond to questions and queries
d. Poor 1 - 2 : Ideas not delivered clearly, effectively and confidently. Incoherent flow of
thoughts and expression. Poor command of English. Does not demonstrate the ability to
actively listen and respond to questions and queries
e. Non-compliance 0 : Not presented
g) Teamwork skills TS1, TS2 & TS3 peer assessment (12 marks)
Based on score of peer assessment evaluation *

Each assignment
marks will be
converted to
rubrics scale,
and adds up to
become 20
marks

OBE-SCL AP114

Rubrics scale will be based on the following total marks:

DQS136

57 - 60 = 20 marks (Exemplary)
49 - 56 = 18 marks (Excellent)
41 - 48 = 16 marks (Merit)
37 - 42 = 14 marks (Competent)
31 - 36 = 12 marks (Good)
25 - 30 = 10 marks (Satisfactory)
19 - 24 = 8 marks (Mediocre)
13 - 18 = 6 marks (Fair)
7 - 12 = 4 mark (Poor)
1 - 6 = 2 marks (Unsatisfactory or does not show evidence of originality)

Page 17 of 27

TEST 1

10 MCQ @ 2
marks each =
20 marks
Structured = 40
marks
Essay
questions = 40

marks

Total marks for

test is 100 marks

and will be
converted to
rubrics scale of
10

OBE-SCL AP114

DQS136

0 = Non-submission

Exemplary (10) = demonstrates complete and insightful understanding and ability to explain
the basic ideas microeconomics concepts
Excellent (9) = demonstrates methodical and insightful understanding and ability to explain
the basic ideas of microeconomics concepts
Merit (8) = demonstrates deep and insightful understanding and ability to explain the basic
ideas of microeconomics concepts
Competent (7) = demonstrates thorough and insightful understanding and ability to explain
the basic ideas of microeconomics concepts
Good (6) = demonstrates considerable understanding and ability to explain the basic ideas of
microeconomics concepts
Satisfactory (5) = demonstrates satisfactory understanding and ability to explain the basic
ideas of microeconomics concepts
Mediocre (4) = demonstrates mediocre understanding and ability to explain the basic ideas
of microeconomics concepts
Fair (3) = demonstrates fair understanding and ability to explain the basic ideas of
microeconomics concepts
Poor (2) = demonstrates poor understanding and ability to explain the basic ideas of
microeconomics concepts
Unsatisfactory (1) = demonstrates limited understanding and ability to explain the basic
ideas of microeconomics concepts
Non-submission (0) = Does not submit on prescribed time due

Page 18 of 27

TEST 2

10 MCQ @ 2
marks each =
20 marks

Structured = 40
marks
Essay

questions = 40
marks

Total marks for

test is 100 marks

and will be
converted to
rubrics scale of
10

Exemplary (10) = demonstrates complete and insightful understanding and ability to explain
the basic ideas macroeconomics concepts
Excellent (9) = demonstrates methodical and insightful understanding and ability to explain
the basic ideas of macroeconomics concepts
Merit (8) = demonstrates deep and insightful understanding and ability to explain the basic
ideas of macroeconomics concepts
Competent (7) = demonstrates thorough and insightful understanding and ability to explain
the basic ideas of macroeconomics concepts

Good (6) = demonstrates considerable understanding and ability to explain the basic ideas of
macroeconomics concepts

Satisfactory (5) = demonstrates satisfactory understanding and ability to explain the basic
ideas of macroeconomics concepts

Mediocre (4) = demonstrates mediocre understanding and ability to explain the basic ideas
of macroeconomics concepts

Fair (3) = demonstrates fair understanding and ability to explain the basic ideas of
macroeconomics concepts

Poor (2) = demonstrates poor understanding and ability to explain the basic ideas of
macroeconomics concepts

OBE-SCL AP114

DQS136

Unsatisfactory (1) = demonstrates limited understanding and ability to explain the basic

Page 19 of 27

ideas of macroeconomics concepts

FINAL EXAM

Non-submission (0) = Does not submit on prescribed time due

10 MCQ @ 2 a) MCQ
~ 2 mark each x 10 Q = 20 marks
marks each =
20 marks
b) Structured
4 Structured =
~ 12.5 marks each x 4 Q = 50 marks
50 marks
c) Essay
Essay
~ 10 marks each x 3 Q = 30 marks
questions = 30
(Total = 100 marks)

marks
Total marks for
final examination
is 100 marks and

will be reduced
to 60 marks

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PEER ASSESSMENT FOR GROUPWORKS (TS 1 - TS 3) : QSD136

REQUIRED SKILLS

Advanced
Competent
4
3
Ability to develop good Did more than others highly productive Did their part of the work cooperative.
relation, interaction and
effective teamwork to
achieve common goals Works extremely well with others, never Works well with others, rarely argues.
(TS1)
argues
Tries to keep people working together. Does not cause problems in the group.
Almost always focused on the task and
what needs to be done. Is very selfdirected.
Ability to understand
and resume alternate
roles between leader
and group members
(TS2)

Progressing
Does not meet minimum expectations SCORE
2
1
Could have done more of the work has Did not do any work does not contribute,
difficulty, requires structure, directions and does not work well with others
leadership
Sometimes argues.
Usually argues with teammates.
Sometimes not a good team member. Often is not a good team member. Does
Sometimes focuses on the task and what not focus on the task and what needs to
needs to be done. Must be prodded and be done. Lets others do the work.
reminded to keep on task.

Participated in all group meetings, Participated in most group meetings. Participated in some group meetings. Participate in few or no group meetings.
assumed leadership role as necessary. Provided leadership when asked. Did most Provided some leadership. Did some of Provided no leadership. Did little or no
Did the work that was assigned by the of the work assigned by the group
the work assigned by the group.
work assigned by the group.
group.

Ability to identify and Always respects teammates' opinion, and Generally respects teammates' opinion, Rarely respects teammates' opinion, and Is disruptive in all ways
respect the behavior, helps in developing ideas, and displays and helps in developing ideas, and helps in developing ideas, and rarely
attitude and belief of positive attitude.
sometimes displays positive attitude.
displays positive attitude.
others (TS3)

TOTAL

Copyright Dec 2010; TZN AP114 FSPU UiTM Perak

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12

8.0
8.1

TEACHING METHODOLOGY
Various Teaching Method(S)

TEACHING
SOFTSKILLS
Critical Thinking And Problem-Solving Skills
Communication Skills
Teamwork Skills
Values Professionalism Morality
Information Management And Life-Long Learning Skills
Entrepreneurial Skills
Leadership Skills

8.2

LECTURE

INDIVIDUAL

LECTURE

INDIVIDUAL

GROUP
WORK

Various Teaching And Learning Activities

TEACHING
SOFTSKILLS
Critical Thinking And Problem-Solving Skills
Communication Skills
Teamwork Skills
Values Professionalism Morality
Information Management And Life-Long Learning Skills
Entrepreneurial Skills
Leadership Skills

OBE-SCL AP114

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GROUP
WORK

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8.3

Various Evaluation Method

EVALUATION
SOFTSKILLS
Critical Thinking And Problem-Solving Skills
Communication Skills
Teamwork Skills
Values Professionalism Morality
Information Management And Life-Long Learning Skills
Entrepreneurial Skills
Leadership Skills

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TEST

INDIVIDUAL

GROUP
WORK

FINAL
EXAM

9.0 BREAKDOWN OF STUDENT LEARNING TIME

BREAKDOWN OF STUDENT LEARNING TIME
FACULTY
: Faculty of Architecture, Planning and Surveying
PROGRAMME: Diploma in Quantity Surveying
CODE
: AP114

COURSE
CODE
CREDIT
SEMESTER

Copyright June 2009; TZN AP114 FSPU UiTM Perak

PRINCIPLES
OF ECONOMICS
:
: QSD136
: 2.0
: 1

CO 1

ability to explain the principles tools and concepts of economics analysis and reasoning, while having the ability to identify how a
market economy functions and roles of government within it, as well ashaving the ability to demonstrate the formulation and the
importance of the national income.
CO 2 ability to explain the government economics policies and economics environment within business operate.

CO 3 ability to identify the economics factors, which influence the behaviour and performance of firms and industries.

F2F
week

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

Lecture
(hour)

2
2
2
2
2
2
2

n F2F
Tutorial
(hour)

prep for class

(hour)

1
1
1
1
1
1
1

ASG
revision
(hour)

0.5
0.5
0.5
0.5
0.5
0.5
0.5

Collec data
(hour)

0.5
0.5
0.5
0.5
0.5
0.5
0.5

3
3

T&E

Do report/
slides (hour)

(hour)

4
4
4
4
4
9
9

2
2

mid semester break

2
2
2
2
2

1
1
1
1
1

0.5
0.5
0.5
0.5
0.5
0.5
0.5

0.5
0.5
0.5
0.5
0.5
0.5
0.5
7

study week

Test

DQS136

exam week
TOTAL HOURS

OBE-SCL AP114

hrs

9
4
4
4
4
4
4
7
2
80

Page 24 of 27

10.0
COURSE ENTRANCE
AND EXIT SURVEY

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DQS136

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FACULTY OF ARCHITECTURE, PLANNING AND SURVEYING

DIPLOMA UKUR BAHAN (AP114)
COURSE ENTRANCE SURVEY
DQS 136: PRINCIPLES OF ECONOMCS
Name

: _______________________________________

Student No.

: _______________________________________

Date.

: _______________________________________

Please complete this inventory by circling the appropriate ratings:

5 Strongly Agree
4 Agree
3 Mixed Feeling

(note: most of the time, you would have a stronger feeling)

2 Disagree
1 Strongly Disagree
CO

CO1

NO.
ITEMS
Your Rating
I am able to explain the definition of economics, 1
1
2 3 4 5

2
3
3

CO2
4
5
CO3
6

OBE-SCL AP114

principles tools, concept of economic and also

differentiate between microeconomics and
macroeconomics.
I am able to explain market demand and supply,
the concept of elasticity and market equilibrium.
I am able to explain about business cycle,
national income, inflation, unemployment and
international trade.
I am able to describe the government economic
policies, and environment within which business
operates.
I am able to describe the roles of government and
effects of government intervention in the markets.
I am able to interpret and analyse the demand
and supply curve, and the value of elasticity of
demand and supply.
I am able to measure and analyse the national
income, unemployment rate, and inflation rate.

DQS136

Page 26 of 27

FACULTY OF ARCHITECTURE, PLANNING AND SURVEYING

DIPLOMA UKUR BAHAN (AP114)
COURSE EXIT SURVEY
DQS 136: PRINCIPLES OF ECONOMCS
Name

: _______________________________________

Student No.

: _______________________________________

Date.

: _______________________________________

Please complete this inventory by circling the appropriate ratings:

5 Strongly Agree
4 Agree
3 Mixed Feeling

(note: most of the time, you would have a stronger feeling)

2 Disagree
1 Strongly Disagree
CO

CO1

NO.
ITEMS
Your Rating
I am able to explain the definition of economics, 1
1
2 3 4 5

2
3
4

CO2
5
6
CO3
7

OBE-SCL AP114

principles tools, concept of economic and also

differentiate between microeconomics and
macroeconomics.
I am able to explain market demand and supply,
the concept of elasticity and market equilibrium.
I am able to explain about business cycle,
national income, inflation, unemployment and
international trade.
I am able to describe the government economic
policies, and environment within which business
operates.
I am able to describe the roles of government and
effects of government intervention in the markets.
I am able to interpret and analyse the demand
and supply curve, and the value of elasticity of
demand and supply.
I am able to measure and analyse the national
income, unemployment rate, and inflation rate.

DQS136

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