Course unit title

Urban Economics

Course unit code

EKP 607

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

  1. Dr. Nurul Istifadah
  2. Drs. Ec. Bambang Eko Afiatno, MSE.,Ph.D

Learning outcomes of the course unit

After taking this course students are able to:

  1. Examine the analytical framework and context of the Urban Economics
  2. Develop and address issues in the urban economy using relevant analytical tools

Mode of delivery (face-to-face, distance learning)

- Face to face (offline) using LCD, White Board,  and or 

- Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course focuses on understanding the theory and analysis of economic problems in urban areas. The discussion includes the definition of the city, the factors that influence the formation of the city, the spatial structure of the city area, land rent and use in the city, monocentric and multicentric city, settlements, infrastructure and public facilities of the city, as well as social environmental problems in the city.

Recommended or required

reading and other learning resources/tools

  1. Arthur O Sullivan, 2007, Urban Economics, 6th edition, Mc Graw Hill, USA 
  2. Peter Nijkamp, 1986, Handbook of Regional and Urban Economic, volume II, Nort Holland, Amsterdam.
  3. Wal VJ Van Lierop and Peter Nijkamp, 1981, Locational Developments and Urban Planning, Sijthoff & Noordhoff, USA. 
  4. Budi D Sinulingga, 1999, Pembangunan Kota, Tinjauan Regional dan Lokal, Pustaka Sinar Harapan, Jakarta.
  5. Eko Budihardjo dan D Joko Sujarto, 1999, Kota Berkelanjutan, Penerbit Alumni Bandung

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

- Mid Exam (15%)

- Final Exam (15%)

- Task of Problem set (reseacrh paper) (70%)

Course unit title

Transportation economics

Course unit code

EKP625

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

Bambang Eko Afiatno, MSE.,Ph.D

Dr. Nurul Istifadah

Learning outcomes of the course unit

After taking this course students are able to:

  1. Select and use relevant concepts and tools from microeconomics for research topics in transportation economics including regulation, externalities, and pricing;
  2. using methods to analyze transportation planning and policy making;
  3.  using methods used in transportation engineering and other disciplines, including traffic assignment and travel demand models;
  4. use cost-benefit analysis to evaluate transportation investment and policy measures, and assess the strengths and weaknesses of the applied cost-benefit analysis;
  5. analyze the influence of externalities, cost structure, and fundamental assumptions of welfare economics related to the transportation sector on transport pricing.

Mode of delivery (face-to-face, distance learning)

- Face to face (offline) using LCD, White Board, and or 

- Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

Transport economics is a branch of economics that deals with the allocation of resources within the transport sector. Transport economics differs from some other branches of economics in that the assumption of a spaceless, instantaneous economy does not hold.  This course also introduces the analysis of transportation systems from an economic perspective. Topics covered include firm, consumer, and market economic theory, demand models, discrete choice analysis, cost and production function models, and pricing theory. Applications for transportation systems include price bottlenecks, technological change, resource allocation, market and regulatory structures, revenue forecasting, public and private transport finance, and project evaluation; covering urban passenger transportation, freight, aviation and intelligent transportation systems

Recommended or required

reading and other learning resources/tools

  1. Kockelman, K., Chen, T.D., Larsen, K. & Nichols, D. 2013. The Economics of Transportation Systems: A Reference for Practitioners. Center for Transportation Research the University of Texas at Austin
  2. Small, K.A. & Verhoef, E.T. 2007. Economics of Urban Transportation. Routledge.
  3. Coto-Millan, P. & Inglada, V. (Eds.) 2007. Essays on Transport Economics. Springer.
  4. de Palma, A., Lindsey, R., Quinet, E. & Vickerman, R. (Eds.). 2011. A Handbook of Transport Economics. Edward Elgar.
  5. Coyle, J. J., Novack, R.A. Gibson, B. J. & Bardi, E. J. 2011. Transportation: A Supply Chain Perspective. 7th edition. South-Western Cengage Learning

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

- Mid Exam (15%)

- Final Exam (15%)

- Task of Problem set (reseacrh paper) (70%)

Course unit title

Trade Economy

Course unit code

EKI602

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

Rossanto Dwi Handoyo, Ph.D.

Dr. Rudi Purwono

Dr. Wisnu Wibowo

Learning outcomes of the course unit

After taking this course students are able to:

Students are expected to be able to analyze the impact of various trade policies, both international and domestic trade in the context of unilateral, bilateral and multilateral policies on the level of domestic economic welfare and be able to evaluate various trade policy practice in developing countries from the perspective of increasing trade volume, competitiveness. Trade and other aspects related to trade policy such as labor, law, environment, and so on. Domestic trade is also a special concern in this course, both inter-island trade, inter-provincial trade, inter-sectoral trade, as well as regulations needed to avoid overlapping in domestic trade.

Mode of delivery (face-to-face, distance learning)

- Face to face (offline) using LCD, White Board, problem set, and or 

- Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

Lectures are carried out in two methods, the first is a classic lecture on understanding various theories related to intenational trade policy. This is done from the first meeting until before the Mid-Semester Exam. The second method (after UTS) is to design classes by providing opportunities for students to compose and present structured papers with selected topics and discussion materials in front of the class in groups. It aims to provide opportunities for students to develop writing skills, present papers and maintain/test students’ understanding of various empirical experiences that occur both in various countries and within the country. The topic to be discussed include world economic developments, macroeconomic balance models (IS-LM and AD-AS), expectations, macro policies both fiscal and monetary, economic growth, inter-island trade, inter-regional trade, study of central and regional regulations related to inter-regional trade.

Recommended or required

reading and other learning resources/tools

  1. Krugman, P. R., Obstfeld, M., and Melitz, M. 2011. International economics. 9th Ed. Prentice Hall
  2. James, J., Marsh, I. W., & Sarno, L 2012. Handbook of exchange rate. John Wiley & Sons
  3. Grossman, G. M., and K. Rogoff. 1995. Handbook of international economics Vol. 3. 
  4. Markusen, J. R., Melvin, J. R., Kaempfer, W. M., Maskus, K. 1994. International trade: Theory & Evidence

Planned learning activities and teaching methods

Teaching (Classical Method), Discussion, Paper, and case/problem-based method.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Project / Paper (100%)

Course unit title

Tourism Economics

Course unit code

EKP626

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

Tri Haryanto, Ph.D

Bambang Eko Afiatno, Ph.D

Learning outcomes of the course unit

After taking this course, students are be able to: 

  1. evaluate the mechanism and the extent to which tourism affects the economic system; 
  2. analyze the behavior of consumers and tourism companies, demand and supply of tourism goods and services, and the balance of the tourism market
  3. analyze the strategy of tourism companies; 
  4. analyze the structure of the tourism market.

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course explores the economic principles that apply to the tourism industry and the impact of tourism on regional and national economies. Topics to be discussed include the determinants of consumer demand for travel; tourism market structure; the benefits and costs of tourism development to the host community. Advanced topics also include international tourism development and economic growth; and tourism and environment linkage

Recommended or required

reading and other learning resources/tools

  1. Sinclair, M.T and Stabler, M. 2002. The Economics of Tourism. Routledge.
  2. Richard, G and Wilson, J. 2007. Tourism, Creativity and Development. Routledge.
  3. Ritchie, B.W., Burns, P. and Palmer, C. (ed.). 2005. Tourism Research Methods: Integrating Theory with Practices. CABI Publishing.
  4. Sharpley, R. and Telfer, D.J (ed.). 2002. Tourism and Development: Concepts and Issues. Channel View Publication.
  5. Cerina, F., Markandya, A. and McAleer, M. 2011. Economics of Sustainable Tourism. Routledge.

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, Case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Personal assignments, rubric assessment based on learning outcome, Mid and Final Examination

Course unit title

Thesis

Course unit code

PNE699

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 2

Semester/trimester when the course unit is delivered

Semester 4

Number of ECTS credits allocated

12.8 ects

Name of lecturer(s)

Deni Kusumawardani, Dr.

Learning outcomes of the course unit

Students are able to: (1) evaluate thesis proposals; (2) interpret the results of data processing; (3) compiling materials for seminar of research results and presenting them in academic forums; (4) design a thesis and presenting it in the thesis examination forum; (5) produce scientific papers published in accredited journals

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course accommodates the process of designing thesis guided by supervisors. The format of the thesis follows the Guidebook for Thesis Writing published by Faculty of Economics and Business, Airlangga University. The thesis is assessed by the examiner team on the Thesis exam forum after being declared to have passed the thesis proposal exam and seminar of  research result.

Recommended or required

reading and other learning resources/tools

-

Planned learning activities and teaching methods

Presentation, Discussion, Individual project

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Personal assignments, rubric assessment based on learning outcome

Course unit title

Research Methodology of Economics

Course unit code

PNE610

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 1

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

Rudi Purwono, Dr.

Unggul Heriqbaldi, Dr.

Learning outcomes of the course unit

After taking this course students are able to:

  1. develop principles, theories, and practices in economic research
  2. apply the appropriate economic analysis model and techniques in accordance with the research objectives
  3. produce and present draft research proposals using correct academic writing and presentation techniques

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course applies the research principles and procedures systematically in the field of economics written based on formal scientific writing techniques. The research procedure includes research problem formulation, literature review, research model development, and data collection and analysis.

Recommended or required

reading and other learning resources/tools

  1. Khotari, C.R. 2004. Research Methodology: Methods and Techniques. 2nd Revised Edition. New Age International Publisher.
  2. Neuman W. L. 2014. Social Research Methods: Qualitative and Quantitative Approaches. 7th Edition. Pearson Education Limited.
  3. Bordens, K.S. & Abbot, B.B. 2008. Research Design and Methods: A Process Approach. 8th Edition. McGraw-Hill.
  4. Little, T.D. (Ed.). 2013. The Oxford Handbook of Quantitative Methods. Oxford University Press.
  5. Creswell, J. 2009. Research Design: Qualitative, Quantitative, and Mixed Methods Approaches. 3rd Edition. SAGE Publications

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, Individual project, Case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Personal assignments, rubric assessment based on learning outcome, Mid and Final Examination

Course unit title

Regional Planning Economics

Course unit code

EKP 622

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

  1. Rumayya, Ph.D.
  2. Dr. Nurul Istifadah

Learning outcomes of the course unit

After taking this course students are able to:

  1. Review and develop the analytical framework and context of Regional Planning Economics
  2. Develop and address issues in regional planning economics using relevant analytical tools

Mode of delivery (face-to-face, distance learning)

- Face to face (offline) using LCD, White Board, problem set, and or 

- Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

The learning of this course generally presents the concept of 'region' to solve the problem of regional development disparities. In addition, the learning materials also introduce theories, models and main strategies for regional development, changes in regional development policy paradigms, as well as several approaches to strategic planning and regional development programming.

Recommended or required

reading and other learning resources/tools

  1. Svetikas, K. Z. 2014. Strategic Planning for Regional Development: An Introductory Textbook. Mykolo Romerio universitetas.
  2. Fujita, M. & Thisse, J-F. 2002. Economics of Agglomeration Cities, Industrial Location, and Regional Growth. Cambridge. University Press.
  3. Fujita, M., Krugman, P. & Venables, A. J. 1999 The Spatial Economy Cities, Regions, and International Trade. MIT Press. Cambridge.
  4. Abegov, M., Enderson, K. E & Isard, W. (Eds.). 1982.  Regional Development Modeling: Theory and Practice. North-Holland
  5. Glasson, J & Marshall, T. 2007. Regional Planning. Routledge

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

- Mid Exam (15%)

- Final Exam (15%)

- Task of Problem set (reseacrh paper) (70%)

Course unit title

Regional Economics

Course unit code

EKP 606

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

1.Dr. Nurul Istifadah, S.E.,M.Si.

2.Prof. Dr. H Suroso I Zadjuli, SE

3. FIthriyah, PH.D

Learning outcomes of the course unit

After taking this course students are able to:

Students are expected to be able to analyze the economic aspect of the regional problems that are spatially analyzable so that theoretical or policy implications can be the derived with respect to regions whose geographical scope ranges from local to global areas. Also be able to analyze the differentiation and interrelationships of areas in a universe of unevenly distributed and imperfectly mobile resources with particular emphasis in application on the planning of the social overhead capital investments to mitigate the social problems by these circumstances.

Mode of delivery (face-to-face, distance learning)

- Face to face (offline) using LCD, White Board, problem set, and or 

- Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

Lectures are carried out in two methods, the first is a classic lecture on understanding various theories related to regional economics included the concept of region (spatial), classical and modern location theory, and industrial clusters.This is done from the first meeting until before the Mid-Semester Exam. 


The second method (after UTS) is to design classes by providing opportunities for students to compose and present structured papers with selected topics and discussion materials in front of the class in groups. It aims to provide opportunities for students to develop writing skills, present papers and maintain/test students’ understanding of various empirical experiences that occur both in various countries and within the country. The topic to be discussed include agglomeration processes, core and periphery, regional disparities, as well as regional economic analysis models: economic base analysis, shift share analysis, input-output models, and SAM models.

Recommended or required

reading and other learning resources/tools

  1. Setiono, NS Dedi, 2010, Ekonomi Pengembangan Wilayah, LPFE-UI, Jakarta.
  2. Capello, Roberta, 2007, Regional Economics, Routledge, London and New York.
  3. John Glasson, 1977, Pengantar Perencanaan Regional, LPFE-UI, Jakarta.
  4. Harvey Armstrong and Jim Taylor, 2000, Regional Economics and Policy, Blackwell Publishers, UK.
  5. Aziz, Iwan Jaya, 1994, Ilmu Ekonomi Regional Dan Beberapa Aplikasinya Di Indonesia, LPFE-UI, Jakarta.
  6. Stimson, Robert J, 2006, Regional Economic Development, Analysis and Planning Strategy, 2nd edition, Springer, New York
  7. Fujita, Krugman, and Venables, 1999, The Spatial Economiy, Cities, Regions, and International Trade, The MIT Press, Cambridge Masachusetts, London, England.
  8. Peter Nijkamp, 1986, Handbook of Regional and Urban Economic, volume I, Nort Holland, Amsterdam.
  9. Bendavid-Val, Avrol, 1991, Regional and Local Economic Analysis for Practitioners, 4th edition, Praeger Publishers, USA.
  10. Kuncoro, Mudrajad, 2002, Analisis Spasial dan Regional, Studi Aglomerasi dan Kluster Indonesia, UPP AMP YKPN, Yogyakarta.
  11. Blair, Peter D. and Miller, Ronald E., 1985, Input-Output Analysis : Foundations And Extensions, Prentice Hall, Inc, Englewood Cliffts, New Jersey.
  12. Toyomane, Norimichi, 1988, Multiregional Input-Output Models in Long Run Simulation, Kluwer Academic Publishers.

Planned learning activities and teaching methods

Teaching (Classical Method), Discussion, Paper, and case/problem based method.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Project / Paper (100%)

Course unit title

Public Economics and Regional Finance

Course unit code

EKP627

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ects

Name of lecturer(s)

  1. Dr. Achmad Solihin, SE.,M.Si
  2. Rummayya Batubarra, SE.,M.Reg.,Ph.D
  3. Dr. Ni Made Sukartini, SE.,M.Si., MIDEC

Learning outcomes of the course unit

After taking this course students are able to:

  1. Explain the basic concepts and application of the Theory of Public Economics and Regional Finance.
  2. Explain the phenomenon of public economy and regional finance, and be able to explain the relationship between variables in the public economy.
  3. Analyze the symtoms and phenomena in financial policies and central and local goverments.

Mode of delivery (face-to-face, distance learning)

Face-to-face (offline) dan Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course focuses on measuring performance and the role of central and local governments in the economy. Furthermore, this course discusses various public policies, both related to the expenditure side and the income side and relates them to indicators of welfare in the community. This course also discusses the political economy of central and local government budget policies. 

Recommended or required

reading and other learning resources/tools

  1. Stiglitz, J.E. (2000). Economics of the Public Sector, 3rd 

edition. WW Norton & Company (SJE)

  1. David N. Hyman (2005), Public Finance, International Student 

Edition, Thomson (DNH)

  1. Harvey S. Rosen (2005), Public Finance, 5th Edition, 

McGRAW-HILL International Editions (HSR)

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

- Mid Exam (15%)

- Final Exam (15%)

- Task of Problem set (70%)

Course unit title

Proposal of Thesis

Course unit code

PNE698

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 2

Semester/trimester when the course unit is delivered

Semester 3

Number of ECTS credits allocated

3.2 ects

Name of lecturer(s)

Deni Kusumawardani, Dr.

Learning outcomes of the course unit

Students are able to: 

  1. apply the rules of scientific writing, ethics and plagiarism; 
  2. formulate research problems, as well as research gaps and novelty; 
  3. evaluate the theory and previous studies that are relevant to the thesis topic; 
  4. select appropriate research methods and analytical tools; 
  5. design proposal of thesis and present it in academic forum

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

This course accommodates the process of designing a proposal of thesis guided by supervisors. The format of the thesis proposal follows the Guidebook for Thesis Writing published by Faculty of Economics and Business, Airlangga University. The thesis proposal is assessed by the examiner team on the academic forum

Recommended or required

reading and other learning resources/tools

-

Planned learning activities and teaching methods

Presentation, Discussion, Individual project

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Personal assignments, rubric assessment based on learning outcome

Course unit title

Political Economics

Course unit code

EKP623

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 credits

Name of lecturer(s)

Rumayya, Ph.D

Ni Made Sukartini, Dr

Learning outcomes of the course unit

After taking this course students are able to:

1. Implement theories and analytical tools in economics to analyze political phenomena and their interactions with the economy

2. Develop and formulate research ideas in the form of proposals and presentations on the topic of political economy, especially with the case of Indonesia

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

Application of theory and tools of economic analysis in politics covering topics such as: economic analysis of voter decisions in elections and decisions to participate in elections; the political selection process and the motivation of politicians and their impact on public policy; political accountability and corruption; the role of the mass media and their impact on electoral politics and policy formulation; political distortion through patronage, lobbying, and political connections; and issues related to crime, conflict and violence; and the origins of political institutions, their inertia and their economic impact.

Recommended or required

reading and other learning resources/tools

  1. Acemoglu, Daron, and James A. Robinson. Economic origins of dictatorship and democracy. Cambridge University Press, 2005.
  2. Blankart, Charles B., and Gerrit B. Koester. "Political economics versus public choice." Kyklos 59.2 (2006): 171-200.
  3. Acemoglu, Daron, and James Robinson. Why nations fail: The origins of power, prosperity, and poverty. Crown Business, 2012.
  4. Persson, Torsten, and Guido Tabellini. Political economics: Explaining economic outcomes, MIT Press, 2000
  5. Persson, Torsten, and Guido Enrico Tabellini. The economic effects of constitutions. MIT press, 2005. 
  6. Resosudarmo, Budy P., and Ari Kuncoro. "The political economy of Indonesian economic reforms: 1983–2000." Oxford development studies 34.3 (2006): 341-355.
  7. Timothy, Besley. Principled Agents: The Political Economy of Good Government, Oxford University Press, 2006
  8. Von Luebke, Christian. "The political economy of local governance: findings from an Indonesian field study." Bulletin of Indonesian Economic Studies45.2 (2009): 201-230

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, case/problem-based method

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Personal and group assignments, rubric assessment based on learning outcome, Mid and Final Examination

Course unit title

Philosophy of Economics

Course unit code

PHE601

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 1

Number of ECTS credits allocated

3.2 ects

Name of lecturer(s)

Dr. Wasiaturrahma

Prof. Effendi

Learning outcomes of the course unit

After taking this course students are able to:

  1. Explain the interrelationship between philosophy and economics
  2. Develop an ontology of economic phenomena and the various knowledge that can be obtained from these things.

Mode of delivery (face-to-face, distance learning)

Face-to-face (Offline) and Distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

The philosophy of economics includes a discussion of the conceptual, methodological, and ethical aspects related to the discipline of economics. The main focus is the methodological and epistemological aspects which include methods, concepts, and theories built by economists to be called "science" about economic processes. Philosophy of economics also discusses the ontology and axiology of economic phenomena, as well as how ethical values become part of the argument in economics such as welfare, justice, and the trade-off between the available options.

Recommended or required

reading and other learning resources/tools

  1. Hausman, D., ed. 2008. The Philosophy of Economics: An 

Anthology. 3rd. ed. Cambridge University Press

  1. Ben-Ner, A. and L. Putterman, eds. 1998. Economics, Values 

and Organization. Cambridge University Press.

  1. Caldwell, B., ed. 1993. The Philosophy and Methodology of 

Economics. Edward Elgar

  1. Davis, John B. 2003. The Theory of the Individual in 

Economics: Identity and Value. London: Routledge.

  1. Gonzalez, W. 2008. Scientific Prediction and Economics: A 

Philosophical Analysis. University of Pittsburgh Press

  1. Little, D., ed. 1993. On the Reliability of Economic Models: 

Essays in the Philosophy of Economics. Boston: Kluwer.

  1. Mäki, U., ed. 2001. The Economic World View: Studies in the 

Ontology of Economics. Cambridge University Press.

  1. Mäki, U., ed. 2012. The Philosophy of Economics. North 

Holland.

  1. Rose, D. 2014. The Philoshopy of Economics. Palgrave 

Macmillan.

  1. Ruccio, D. and J. Amariglio. 2003. Postmodern Moments in 

Modern Economics. Princeton University Press

  1. Sen, A. 1992. Inequality reexamined. Cambridge, Harvard 

University Press.

  1. Sen, A. 1999. Development as Freedom. Oxford University 

Press.

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

- Mid Exam (15%)

- Final Exam (15%)

- Task of Problem set (70%)