List of Economics staff Programmes offered Introduction of the dept.
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:: Admission Requirement
:: Learning Outcomes
:: Entry Requirement
:: Department Required Courses
:: Areas of Concentration
:: Job Prospects
:: Contact
 
 


ADMISSION REQUIREMENT

The IIUM’s Bachelor of Economics programme prepares students to have solid foundations in economic theory and empirical analyses. It offers students a wide variety of applied courses to help advance their understanding of the broad application of economics in relevant aspects of life. In line with the university’s mission of the Islamization of knowledge, most of the courses are taught with an Islamic perspective.

The programme seeks to develop in students an ability to think critically from an Islamic angle in order to contribute to a clear understanding of contemporary economic activities. It is a programme meeting international academic standard with an Islamic orientation. It is designed to produce professionals who are competent in the economic discipline imbued with an Islamic vision.

The program provides specialized courses in four areas, namely, Islamic economics, finance, international economics and development economics. This allows students to focus on the area of concentration of their choice.

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LEARNING OUTCOMES FOR THE BACHELOR OF ECONOMICS PROGRAM

The educational outcomes of the Bachelor of Economics program conducted by the Department are as follows:

1. Students will be well-equipped with the conventional economic knowledge      particularly of microeconomics, macroeconomics, Malaysian economics, public      finance, development economics, international trade and monetary economics      and banking and finance.

2. They will be able to acquire and apply quantitative tools such as mathematics,     statistics, econometrics, research methodology and information technology to the     related areas in economics.

3. They will have some understanding in the basic knowledge of Islam.

4. Students will acquire and understand the knowledge of Islamic Economics, Fiqh,     Usul-fiqh, Islamic Economic Thoughts, Islamic Banking and Finance and other     related Islamic economics knowledge.

5. They will have some understanding and exposure in business-related subjects     such as management, accounting and finance.

6. They will be able to apply the knowledge of Islamic and conventional economics,     and quantitative techniques in applied areas of economics such as international     economics, development and finance.

7. They will be able to communicate effectively in both oral and writing, and are able     to use ICT tools.

8. They will commit to professional and ethical responsibilities in all aspects of their     life.

9. They will be able to understand the social, cultural, global and Islamic      responsibilities and apply the economic knowledge to tackle the problem.

10. They will be able to undertake scientific research to analyze various economic       issues.

11. They will possess the desired attitudes and ethics to fulfil their responsibilities to       Allah, clients and the society.

At the end of the program, the students/graduates are expected to acquire the following skills:

1. To identify and analyze economic issues and problems.
2. To use quantitative and qualitative methods in the analysis.
3. To offer solutions to economic problems.
4. To suggest and evaluate economic policies.
5. To demonstrate effective communication skills and information management.
6. To utilize the Islamic approach to solve the economic issues and problems.


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ENTRY REQUIREMENT

The admission of students into the Bachelor of Economics program is based on the following minimum requirements:

1. A CGPA of 2.0

2. Completion of the following eight required Kulliyyah core courses with a minimum     CGPA of 2.0

ECON 1140 Statistical Methods (3 credit hours)
ECON 1150 Business Mathematics (3 credit hours)
ECON 1510 Principles of Microeconomics (3 credit hours)
ECON 1610 Principles of Macroeconomics (3 credit hours)
INFO 2010 Information Technology (3 credit hours)
MGT 2010 Principles & Practice of Management (3 credit hours)
ACC 2055 Financial Accounting I (3 credit hours)
ACC 6196 Financial Accounting II (3 credit hours)

3. Average of B- grade for the following two courses

ECON 1510 Principles of Microeconomics (3 credit hours)
ECON 1610 Principles of Macroeconomics (3 credit hours)

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DEPARTMENT REQUIRED COURSES

Students must complete 36 credit hours of the department-required courses. The courses are:

ECON 2110 Intermediate Microeconomics I (3 credit hours)
ECON 2111 Intermediate Microeconomics II (3 credit hours)
ECON 2310 Intermediate Macroeconomics I (3 credit hours)
ECON 2311 Intermediate Macroeconomics II (3 credit hours)
ECON 3010 Malaysian Economy (3 credit hours)
ECON 3110 Econometrics I (3 credit hours)
ECON 3410 Money and Banking (3 credit hours)
ECON 3430 Islamic Banking and Finance (3 credit hours)
ECON 3450 Public Finance (3 credit hours)
ECON 3550 Usul Fiqh I (3 credit hours)
ECON 3551 Usul Fiqh II (3 credit hours)
ECON 4010 History of Islamic Economic Thought (3 credit hours)

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AREAS OF CONCENTRATION

Students can choose to specialize in any one of the following areas: Islamic Economics, Finance, International Economics, or Development Economics. Students must take at least four courses in a chosen package. The remaining courses can be chosen from other packages in the department or from other departments as electives.

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(1) ISLAMIC ECONOMICS

ECON 3512 Fiqh For Economist III (3 credit hours)
ECON 4020 Contemporary Economic Thought & Policy (3 credit hours)
ECON 4510 Issues in Islamic Economics (3 credit hours)
ECON 4530 Objectives of Shari’ah (3 credit hours)
ECON 4540 Economics in the Quran & Sunnah (3 credit hours)
ECON 4550 Economics of Zakat (3 credit hours)


(2) FINANCE

FIN 3010 Financial Management I (3 credit hours)
FIN 3011 Financial Management II (3 credit hours)
FIN 4020 Investment Analysis (3 credit hours)
FIN 4040 Corporate Finance (3 credit hours)
FIN 4710 International Finance (3 credit hours)
FIN 4030 Principles & Practices of Takaful & Re-Takaful (3 credit hours)
ECON 4130 Forecasting for Economics and Business (3 credit hours)


(3) INTERNATIONAL ECONOMICS

ECON 3710 International Economics (3 credit hours)
ECON 3720 Globalization and Regional Economic Powers (3 credit hours)
ECON 3730 Islamic Countries in the Global Economy (3 credit hours)
ECON 4730 International Monetary Economics (3 credit hours)
ECON 4740 International Trade and Development (3 credit hours)
FIN 4710 International Finance (3 credit hours)


(4) DEVELOPMENT ECONOMICS

ECON 3230 Economic Development (3 credit hours)
ECON 4220 Industrial Economics (3 credit hours)
ECON 4230 Human Resource Development (3 credit hours)
ECON 4240 National Economic Accounting (3 credit hours)
ECON 4280 Environmental Economics (3 credit hours)
ECON 4740 International Trade and Development (3 credit hours)


(5) OTHER ELECTIVES COURSES

ECON 3150 Mathematical Economics (3 credit hours)
ECON 3620 Project Evaluation and Feasibility Studies (3 credit hours)
ECON 4110 Econometrics II (3 credit hours)
ECON 4710 Issues in International Economics (3 credit hours)
ECON 4780 Economics of ASEAN (3 credit hours)
ECON 4810 Research Methodology (3 credit hours)
INFO 2015 Internet Application (3 credit hours)
INFO 3010 Management Information Systems (3 credit hours)
INFO 4015 Multimedia Technology (3 credit hours)
INFO 4045 Data Mining / Data Modeling (3 credit hours)
INFO 4150 Systems Analysis & Design (3 credit hours)
INFO 4310 Concepts in Networking (3 credit hours)
INFO 4610 Information Resource & Strategy Management (3 credit hours)
ACC 3055 Financial Accounting III (3 credit hours)
ACC 3056 Financial Accounting IV (3 credit hours)
ACC 3315 Cost Accounting I (3 credit hours)
ACC 3316 Cost Accounting II (3 credit hours)
ACC 3525 Management Accounting (3 credit hours)
ACC 3555 Cost & Management Accounting (3 credit hours)
ACC 3615 Taxation I (3 credit hours)
ACC 3616 Taxation II (3 credit hours)
ACC 4055 Financial Accounting V (3 credit hours)
ACC 4056 Financial Accounting VI (3 credit hours)
ACC 4310 Accounting for Islamic Banks (3 credit hours)
ACC 4350 Zakat Accounting (3 credit hours)
ACC 4410 Public Sector Accounting (3 credit hours)
ACC 4510 Company Secretarial Practice (3 credit hours)
ACC 4616 International Taxation (3 credit hours)
INFO 3210 Accounting Information System (3 credit hours)
FIN 3010 Financial Management I (3 credit hours)
FIN 3011 Financial Management II (3 credit hours)
FIN 4020 Investment Analysis (3 credit hours)
FIN 4030 Principles & Practives of Takaful and Re- Takaful (3 credit hours)
FIN 4040 Corporate Finance (3 credit hours)
FIN 4150 Financial Statement Analysis (3 credit hours)
FIN 4250 Bank Management (3 credit hours)
FIN 4710 International Finance (3 credit hours)
FIN 4870 Futures, Option & Risk Management (3 credit hours)
MGT 3050 Decision Science (3 credit hours)
MGT 4110 Organizational Behaviour (3 credit hours)
MGT 4320 Human Resource Management (3 credit hours)
MGT 4510 Industrial Relations (3 credit hours)
MGT 4650 Entrepreneurship (3 credit hours)
MGT 4660 Small Business Management (3 credit hours)
MGT 4760 Strategic Management (3 credit hours)
MGT 4810 International Business (3 credit hours)
MGT 4820 Management Form An Islamic Perspective (3 credit hours)
MGT 4850 International Management (3 credit hours)
MKTG 3010 Marketing Principles (3 credit hours)
MKTG 4010 Marketing Management & Strategy (3 credit hours)
MKTG 4250 Retail Management (3 credit hours)
MKTG 4410 Marketing Research (3 credit hours)
MKTG 4810 International Marketing (3 credit hours)
LAW 3112 Malaysian Business Law (for ENM) (3 credit hours)
LAW 3212 Company Law (3 credit hours)
LAW 3512 Commercial Law (3 credit hours)

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JOB PROSPECTS

Students graduating with Bachelor of Economics have broad career prospoects in various fields including banking, public policy making, human resource management, corporate management, etc.

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FOR FURTHER INFORMATION, PLEASE CONTACT

Head
Department of Economics
Kulliyyah of Economics and Management Sciences
International Islamic University Malaysia
Jalan Gombak, 53100 Kuala Lumpur
Phone No : 03 -6196 4758
Fax No : 03 -6196 4850
E-mail : head-econ@iiu.edu.my

 
 
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