No Course Code Course Name Course Description Credit Hour Semester
1 EI19110 Bank and Non Financial InstitutionsBank and non-bank financial institution courses discuss financial assets, banks and financial institutions, central banks in the economy, Bank Indonesia as a central bank, microfinance institutions, financial institutions, insurance, capital
markets, endowment institutions, and fintech.
3 3
2 EI19111 Islamic Economics
This course contains a discussion of the basic framework of economic analysis in an Islamic perspective, analytical methods that can be used and some examples of relevant applications. The material discussed in this course covers both aspects of: normative economics and positive economics. the main points of discussion in the course include both elements of the economic system,
macroeconomics, and microeconomics
3 3
3 EI19112 Economic Development
Economic Development Economics 2 material is an application of the principles and concepts of Development Economics 1 theory which aims to expand and enrich knowledge, especially for practicing economists, experts, and policy makers in analyzing development problems in both regional, state
and global contexts. This course discusses the Theory and Concept of Development Economics, Application of Development Indicators, Application of Human Capital Theory, Application of Migration and Development Theory, Application of Poverty and Income Gap Problems, Theories and Concepts of Regional Development and Development Inequality, Definition and Scope of
Planning, Planning Techniques, Community Development, Analysis of Development Projects, Development Planning in Indonesia, and Regional
Economic Development Strategies.
3 3
4 EI19114 Inductive Statistics and Practical of Inductive Statistics
This course is designed to provide students majoring in economics with an introductionary survey of many applications in Inductive Statistics for economics applications. Inductive Statistics discusses how to measure the Inductive and inferential techniques which applied to answer the economics
problems
2 3
5 EI19113 Indonesia Language
This course is designed to equip students with the ability to write a scientific manuscript so that is respected by others through its publication. The publication could be in the form of mass media, article review, book, or journal. The purpose of this course is to encourage students with the ability to
write a scientific manuscript that is eligible sent into publication.
2 3
6 EI19116 Applied Macroeconomics Practical Application of Macroeconomics
The course begins with the advance concepts in macroeconomics, followed by discussions on various issues. The objectives of this course are to introduce the macroeconomic concepts, measurements, and advanced macroeconomic models
also how to analyze the current issues and problems in macroeconomics
2 3
7 EI19118 Applied Microeconomics and Practical Application of Microeconomics
The course of Applied Microeconomics in Economics and Business is a compulsory subject for the economics study program FEB UMY. The course of
Microeconomics Applications in Economics and Business is a course that explains market analysis and company behavior in various forms of market,
namely perfect competition market, monopoly market, monopolistic competition market and oligopoly market. This course also explains game
theory and information economy which explain the consequences of information on company behavior in making managerial decisions.
2 3
8 EI19121 Fiqh for Economics
Fiqh For Economics is a compulsory subject for both regular and international economics courses. This course was designed to provide knowledge of the methods of
interpretation to understand legal texts (ayat al ahkam) of the Holy Qur’an. The discussion will be focused on various forms of textual expressions (al-Alfaz), commands and prohibition (al awamir wa al nawahi), and textual implications (al-dalalah), conflicts of evidences (Ta‘aruÌ), abrogation (Naskh), and Maqasid al-Shari‘ah. The theoretical guidelines and the economic of the Maxims of Fiqh (Qawa‘id al-Fiqhiyah) will also be
covered. This course is taken for all students of economics in Universitas Muhammadiyah Yogyakarta as a basis for their knowledge in taking courses at this university. The topic of Islamic Jurisprudence is very broad and also very interesting to discuss, so in this course students are assigned to read the material, summarize it in each
section for class discussion material, practice exercises, and group assignments.
2 3
9 EI19122 Envirounmental Economics 2 5
10 EI19123 Practical Application of Envirounmental Economics 1 5
11 EI19125 Decision Methods 2 5
12 EI19126 Practical Application of Decision Methods 1 5
13 EI19127 Research Methodology
The research methodology is an obligatory subject for the Economics department. The subject consists of a description for the steps of the research process and integrated into Islam value. Therefore, the undergraduate students able to develop research which high quality to be published and compliance
requirements as academic research.
3 5
LIST OF COURSES OFFERED FOR EXCHANGE STAFF PROGRAMME (INBOUND MOBILITY)
International Program for Islamic Economics and Finance (IPIEF)Department of Economics, Faculty of Economics and Business Universitas Muhammadiyah Yogyakarta
This course studies the concept of natural resource and environmental economics, economic and environmental paradigms, sustainable economy, environmental quality, externalities, natural resource use, environment and developing countries, value typology, market valuation, environmental damage
valuation methods, revealed preferences techniques, Stated preferences techniques, Benefit Cost Analysis and dose response.
This subject presents the concepts and definitions of decision making, the principles of decision making, particularly in relation to planning and policy making in conventional and Islamic economics. This subject focuses more on discussing the basic theory of decision-making character so that students can adjust themselves in the world of economy and business which must be careful,
fast and precise. The method of ‘decision making’ is the right choice for observing developing issues and solving problems faced in carrying out economic activities, both conventional and Islamic. In particular, this course aims to provide insights to students on how to develop benefit-based Islamic
financial products with the Maqasid sharia approach.
14 EI19128 Banking Financial Management
This course is designed to allow students to understand risk, its characteristics, and regulations connected with banking regulations. The course covers some
aspects of risk-based management and governance structures for the management of risk in Islamic and conventional banks.
3 5
15 EI19129 Indonesian Economy
This course discusses the Indonesian economy which can be grouped into three parts, namely Indonesia's Macroeconomic Balances, Indonesia's Economic Transformation, and Indonesia's Economic Policy. In essence, the Indonesian
economy discusses various kinds of issues and policies in the Indonesian economy that must be studied and understood by all students of the economics faculty. This course also introduces students to knowledge about the situation, conditions, stages and problems of economic development in Indonesia.
Students will be equipped with the ability to understand the current state of the Indonesian economy, in Indonesia's position as an open country and predict the
future condition of the Indonesian economy.
3 5
16 EI19130 Applied Econometrics 2 5
17 EI19131 Practical Application of Applied Econometrics 1 5
18 EI19132 Applied Public Economy 2 5
19 EI19133 Practical Application of Public Economy 1 5
This course Econometrics course material with case examples in the form of problems in the fields of economics and applied in economics and business.
This course discusses government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare
economics and is ultimately used as a tool to improve social welfare.
Public economics provides a framework for thinking about whether or not the government should participate in economic markets and to what extent it should do so. Microeconomic theory is utilized to assess whether the private market is likely to provide efficient outcomes in the absence of governmental interference; this course involves the analysis of government taxation and
expenditures.
