SYLLABUS
INTERNATIONAL PROGRAM FOR ISLAMIC ECONOMICS AND FINANCE (IPIEF)
FACULTY ECONOMIC AND BUSINESS UNIVERSITAS MUHAMMADIYAH YOGYAKARTA
Name of Course : Applied Microeconomics in Economics and Business Credit Value : 2 (two)
Semester : 3 (three)
Instructor : Dr. Imamudin Yuliadi, M.Si
A. COURSE PROFILE
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.
B. COMPETENCE FOR STUDENTS
Competence for students after taking this course is being able to analyze company behavior in various types of markets, namely perfect competition market, monopoly market, oligopoly market, and monopolistic competition market using mathematical and graphic approaches.
Students after taking this course also expected to analyze the theory of decision making in the company and competition theory as a form of strategy in competition. The material that students must also master is how to analyze the adjustment model of microeconomic theory in the business context in the field and at the end of the material there is material on information economy theory. In the material on Microeconomics Applications in Economics and Business Islamic values are also included so that students have a comprehensive understanding of economic problems and how to analyze them.
C. COURSE DESCRIPTION
Meeting Topics
1 Learning plans course activity of business theory materials in a perfectly competitive market
2 Analysis of firms in a perfectly competitive market in the short term and long term
3 Monopolist analysis with multiple factories
4 Monopolist Analysis and Price Discrimination Policy
5 1st Competence Examination 6 Firms Analysis in oligopoly
7 The Analysis of Oligopoli price leadership 8 Cartel
9 2nd Competence Examination
10 The Teory of Decision Making in Company 11 Game Theory
12 Adjustmen Model Analysis of microeconomics 13 3rd Competence Examination
14 The Analysis of Average Price Determination and Firms Promotion 15 The Analysis of Information Economics
16 4th Competence Examination
D. COURSE OUTCOME 1. General Target
• Increase and broaden understanding and knowledge of various types of markets and their implications in business decision making
• Improve students' ability to develop skills in analyzing competitive strategies in the world of economy and business
• Improve students' abilities in applying microeconomic models in the world of economics and busines
2. Spesific Target
• Students can understand and explain the application of microeconomics in economic and business activities
• Students can carry out simulations and calculations on various economic and business cases with precision
E. HARD SKILLS AND SOFT SKILLS A. Soft Skills:
1. Students will have a leadership spirit, professional attitude, 2. Be able to work together and be able to become facilitators
3. so that they can use their knowledge in depth so that later when they enter the community
4. they have maturity in thinking and acting. In addition, students can contribute to providing an understanding of micro in economic and business activities
B. Hard skills
1. Students are able to analyze companies in a perfectly competitive market
2. Students are able to analyze companies in a perfectly competitive market in the short and long term
3. Students are able to analyze the monopoly market with many factories
4. Students are able to analyze monopolist company price discrimination policies 5. Students are able to analyze oligopoly companies as price leaders
6. Students are able to analyze companies in the monopolistic competitive market in the short and long term
7. Students can analyze the adjustment of the company analysis model in microeconomics Students can analyze corporate decision-making theory and game theory Students can analyze information theory
F. TEACHING LEARNING INSTRUCTIONS
1. Students can read the syllabus and lecture planning in the Teaching Materials / Materials Section .
2. Students can read references both offline and online references .
3. All references can be downloaded from the internet or directly viewed on myklass . 4. Teaching materials can be learned from the discussion
5. Don't forget that every time you enter the learning activity, students must 'CLICK' the present at ATTANDANCE and collect assignments
6. Attendance and collection of assignments every time a lecture activity is a unit of activity that has an assessment point
G. GLOSSARY
1. Competition Economic 2. Equilibrium
3. Price discrimination 4. Promotion
5. Dominant Strategy 6. Game theory 7. Moral Hazard
8. Agent Principal Dilemma 9. Prisoners dilemma
10. Nash Equilibrium H. REFERENSI
1. Adiwarman, A Karim, 2010, Mikroekonomi Islam 2. Salvatore, Dominick, 2008, Mikroekonomi lanjutan 3. Sudarsono, 2003, Pengantar Ekonomi Mikro
4. Yuliadi, Imamudin, 2020, Modul Aplikasi Ekonomi Mikro 5. Jackhircslifer, 1984, Price Theory and Its Applications
