Course unit title

Advanced Microeconomic Theory

Course unit code

EKK803

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Tri Haryanto, Ph.D

Dr. Lilik Sugiharti

Learning outcomes of the course unit

Students are able to: (1) develop the ability to analyze, evaluate and synthesize economic information; (2) critically assessing new principles and models in microeconomics; (3) have a thorough understanding of the main techniques of modern microeconomic theory; (4) have detailed knowledge of the latest research in the main areas of microeconomic theory; (5) apply modern techniques to develop microeconomic models in independent research.

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

The learning of this course introduces advanced Microeconomic Theory. Microeconomic theory is based on the premise that these people behave rationally, make optimal choices for themselves and how markets are organized. Topics that will be covered include (1) Consumers Behavior And Demand: Preferences and utility, Consumer choice and demand, Choice under uncertainty; (2) Producers Behavior and Supply: Production, Cost, Profit maximization and supply; (3) Market Equilibrium: Partial equilibrium, General equilibrium and welfare, Market Power and Competitive Strategy; (4) Market Failure and the Role of Government: Markets with Asymmetric Information, Externalities and Public Goods

Recommended or required

reading and other learning resources/tools

  1. Nicholson, W., and Snyder, C. 2012. Microeconomics Theory: Basic Principle and Extensions. 11th Ed. Thomson South-Western, USA
  2. Jehle, G.A, and Reny, P.J. 2011. Advanced Microeconomic Theory. 3rd Ed. Pearson Education, Inc., USA
  3. Mas-Collel, A., Whinston, M.D., and Green, J.R. 1995. Microeconomic Theory. Oxford University Press, New York.
  4. Varian, H.R. 1992. Microeconomic Analysis. 3rd Ed. W.W. Norton & Company, Inc. USA.

Planned learning activities and teaching methods

Teaching (Classical Method), Presentation, Discussion, Group based project, 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, Quiz, Mid and Final Examination

Course unit title

Advanced Macroeconomic Theory

Course unit code

EKK804

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Dr. Rudi Purwono

Dr. Wisnu Wibowo

Tri Haryanto, Ph.D.

Learning outcomes of the course unit

Students are able to: (1) explain the assumptions underlying the macroeconomic model; (2) use appropriate tools to simulate models or analyze data statistically; (3) using standard macroeconomic models and data evidence to explain and interpret real problems in macroeconomics; (4) develop critical knowledge of the latest research in several key areas of macroeconomics; (5) critically evaluate macroeconomic articles in academic journals; (6) build independent opinions on ongoing macroeconomic issues; (7) develop professional skills to present macroeconomic analysis in seminars and publications

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

Introduction: A Tour of the World; The Solow growth model; Infinite-Horizon and Overlapping-Generations Models; Endogenous Growth; Cross-Country Income Differences; Real-Business-Cycle Theory; Nominal Rigidity; Dynamic Stochastic General Equilibrium Models of Fluctuations; Consumption

Investment; Unemployment; Inflation and Monetary Policy; Budget Deficits and Fiscal Policy

Recommended or required

reading and other learning resources/tools

Romer, D. 2011. Advanced Macroeconomics. 4th Ed. McGraw-Hill

Blanchard, O. 2017. Macroeconomics. 7th Ed. Person Education, Inc.

Ljungqvist, L. & Sargent, T.J. 2012. Recursive Macroeconomic Theory. 3rd Ed. MIT Press.

Uribe, M. & Schmitt-Grohe, S. 2016. Open economy Macroeconomics. Princeton University Press

 Obstfeld, M. & Rogoff, K. 1996. Foundation of International Macroeconomics. MIT Press.

Planned learning activities and teaching methods

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

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Middle exam, final exam, assignment

Course unit title

Advanced Econometrics

Course unit code

EKK805

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Rossanto Dwi Handoyo, Ph.D.

Dyah Wulan Sari, Ph.D.

Learning outcomes of the course unit

Students are expected to be able to: 1) critically evaluate and build a probabilistic economic model (stochastic model); 2) perform data processing and interpret the results; 3) analyze the economy quantitatively. Thus, students are expected to be able to analyze various phenomena and empirical economics into a stochastic economic model.

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 discusses analytical tools in quantitative form based on economics, mathematics, and statistics. The topic discussed in this lecture focuses on regression analysis that captures causality (functional) relationships. In more detail, this course material includes simple regression, multiple regression and several functional forms of regression models. Furthermore, it also examines the problem of violations of classical assumptions which include: multicollinearity, heteroscedasticity, autocorrelation, and specification errors. In addition, this course material also includes time-series models including ARIMA models, bivariate and multivariate (VAR) models, Error Correction Model (ECM) models, Vector Error Correction Model (VECM) models, and continued with models using panel data. , simultaneous equations, and probit/logit model models.

Recommended or required

reading and other learning resources/tools

  1. Gujarati, Damodar N. 2008. Basic Econometrics, fifth Edition. New York: McGraw-Hill International Edition.  (DNG
  2. Wooldridge, Jeffrey M., 2013, Introduction Econometrics: A Modern Approach, Fifth Edition, Thomson South-Western International Edition. (JMW)
  3. Greene, William H. 2003. Econometric Analysis, Fifth Edition. New Jersey: Prentice Hall, Inc. (WHG)
  4. Pindyck, Robert S. dan Rubinfeld, Daniel L. 1998. Econometric Models and Economic Forecasts, Fourth Edition. New York: McGraw-Hill. (PR)
  5. Enders, Walter. 2004. Applied Econometric Time Series, Second Ed. New York: John Wiley & Sons.  WE)
  6. Intriligator, Michael D.; Bodkin, Ronald G.; dan Hsiao, Cheng. 1996. Econometric Models, Techniques, and Applications. Second Edition. Englewood Cliffs, New Jersey: Prentice-Hall Inc. (IBH) 
  7. Kmenta, Jan, 1986, Elements of Econometrics, Second Edition, New Yor: Macmillan Publishing. (JK)
  8. Johnston, Jack dan Dinardo, John. 1997. Econometric Methods, Forth Edition. New York: McGraw-Hill. (JD)
  9. Maddala, GS. 2001. Introduction to Econometrics, Third Edition, New York: John Wiley & Sons. (GSM)
  10. Maddala, G.S. dan Kim, In-Moo. 1998. Unit Roots, Cointegration, and Structural Change (Themes in Modern Econometrics). Cambridge,UK: Cambridge University Press. (MK)
  11. Hsiao, Cheng, 1995, Analysis of Panel Data (Econometrics Society Monographs No.11), Cambridge, UK: Cambridge Univ. Press. (CH)
  12. Baltagi, Badi H. 2005. Econometric Analysis of Panel Data. Third Edition. New York: John Wiley & Sons. BHB)
  13. Patterson, Kerry. 2000. An Intro. to Applied Econometrics: A Time Series Approach. New York: Palgrave Macmillan. (KP)
  14. Harris, Richard dan Sollis, Robert. 2003. Applied Time Series Modelling & Forecasting. West Sussex: John Wiley & Sons.(HS)
  15. Hamilton, James D. 1994. Time Series Analysis. Princeton, New Jersey: Princeton University Press. (JDH)

Planned learning activities and teaching methods

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

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Project/paper

Course unit title

Philosophy of Economics

Course unit code

PHE804

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Prof. Dr. Suroso Zadjuli

Dr. Wasiaturrahma

Learning outcomes of the course unit

Students are able to: (1) master the philosophy of economics; (2) evaluate the strengths and weaknesses of concepts and theories; (3) develop and perfect the theoretical foundation of the discipline of economics.

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

The learning of this course introduces advanced Microeconomic Theory. Microeconomic theory is based on the premise that these people behave rationally, make optimal choices for themselves and how markets are organized. Topics that will be covered include consumer theory, producer theory, choice under uncertainty, game theory, market theory, general equilibrium theory, welfare economics, social choice, public goods, and externalities.

Recommended or required

reading and other learning resources/tools

Hausman, D., ed. 2008. The Philosophy of Economics: An Anthology. 3rd. ed. Cambridge University Press

Ben-Ner, A. and L. Putterman, eds. 1998. Economics, Values and Organization. Cambridge University Press.

Caldwell, B., ed. 1993. The Philosophy and Methodology of Economics. Edward Elgar

Davis, John B. 2003. The Theory of the Individual in Economics: Identity and Value. London: Routledge.

Gonzalez, W. 2008. Scientific Prediction and Economics: A Philosophical Analysis. University of Pittsburgh Press

Little, D., ed. 1993. On the Reliability of Economic Models: Essays in the Philosophy of Economics. Boston: Kluwer.

Mäki, U., ed. 2001. The Economic World View: Studies in the Ontology of Economics. Cambridge University Press.

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

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

Ruccio, D. and J. Amariglio. 2003. Postmodern Moments in Modern Economics. Princeton University Press

Sen, A. 1992. Inequality reexamined. Cambridge, Harvard University Press.

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

Exam and individual assignments

Course unit title

Dynamic Mathematics

Course unit code

MED

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Dyah Wulan Sari, Ph.D.

Dr. Achmad Solihin

Learning outcomes of the course unit

Students are able to: understand the most mainstream articles in the field of economics

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

Definition of Real Numbers; Real Analysis; Linear Algebra; Convex Analysis; Single & Multivariable Calculus; Static Optimization; Classical statistical analysis; Differential Equations; Dynamic Programming; Lattice Theory

Recommended or required

reading and other learning resources/tools

Simon, C.P & Blume, L. 1994. Mathematics for Economists. W.W. Norton & Company.

de la Fuente, L. 2000. Mathematical Methods and Models for Economists. Cambridge University Press.

Sundaram, R.K. 1996. A First Course in Optimization Theory. Cambridge University Press.

Denardo, E.V.2012. Dynamic Programming: Models and Applications. Dover Publications

Ostaszewski, A. 1991. Advanced Mathematical Methods. Cambridge University Press

Chiang, A.C.1999. Elements of Dynamic Optimization. Waveland Pr Inc.

Chiang, A.C. 2004. Fundamental Methods of Mathematical Economics.4th Ed. McGraw-Hill Education 

Pemberton, M. & Rau, N.2016. Mathematics for Economists: An Introductory

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Exam and individual assignment

Course unit title

Research Methodology

Course unit code

PNE896

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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, PhD

Rossanto Dwi handoyo, PhD

Learning outcomes of the course unit

Students are able to: design research proposals and compile research reports and scientific articles

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

Lectures are carried out by designing classes by providing opportunities for students to prepare and present research proposals and structured research proposals according to the desired topics and discussion materials in front of the class.

Recommended or required

reading and other learning resources/tools

Borden, K.S. & Abbot, B.B. 2008. Research design and method: A process approach. 8th Ed. McGraw Hill. 

Flick, U., Kardorff, E. & Steinke, I. 2004. A companion to qualitative research

Silverman, D. & Marvasti, A. 2008. Doing qualitative research: a comprehensive guide

Bazeley, P., & Richards, L. 2000. The NVivo qualitative project book. Sage 

Creswell, J. W. 2008. Research design: qualitative, quantitative, and mixed method approach. 3rd Ed. Sage Publication

Richards, L. 1999. Using NVivo in qualitative research. Sage

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Middle Exam, Final Exam

Course unit title

Economic Modelling

Course unit code

EKT807

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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, Ph.D.

Dr. Muryani

Rossanto Dwi handoyo, PhD

Learning outcomes of the course unit

Students will be able to: 1) critically evaluate and develop techniques for developing (deterministic) economic models; 2) conduct quantitative economic analysis. At the end of the course, they are expected to be able to develop a deterministic model with case studies of various economic and business phenomena. In addition, students are able to develop skills using quantitative models that are used to analyze economic problems and present them in written form and presentations.

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

general, this course discusses analytical tools in quantitative form based on economics and mathematics. The topics discussed in this lecture are focused on the application of mathematics through economic models. In more detail, the scope of this course material is efficiency and productivity which consists of the concept of measuring efficiency and productivity, differences and similarities between measurement models and DEA. In addition, the theory of optimization using the MCDM/Goal Programming method and the theory of decision making using the AHP (analytic hierarchy process) method are also discussed. In the end, this economic model lecture closed with material based on the general equilibrium model, namely the IO (input-output) model, the SAM (social accounting matrix) model, and the CGE (computable general equilibrium) model.

Recommended or required

reading and other learning resources/tools

Optimization:

  1. Chiang, Alpha C. dan Wainwright, Kevin. 2005. Fundamental Methods of Mathematical Economics, Fourth Edition. New York: McGraw-Hill.
  2. Karlin, Samuel. 1992. Mathematical Methods and Theory in Games, Programming, & Economics. New York: Dover Pub. Inc.
  3. Wu, Nesa dan Coppins, Richard. 1981. Linear Programming and Extnsions. New York: McGraw-Hill.
  4. Rao, S.S. 1990. Optimization Theory and Applications, Second Edition. New Delhi: Wiley Eastern Limited.
  5. Winston, Wayne L; Albright, S. Christian; dan Broadie, 
  6. Mark. 2006. Practical Management Science, Third Edition. California: Duxbury Press - Thomson Learning.
  7. Hillier, Frederick S. dan Lieberman, Gerald J. 2004, Introduction to Operartions Research, Eight Edition. New York: McGraw-Hill.
  8. Zeleny, M. 1982. Multiple Criteria Decision Making. New York: McGraw-Hill.
  9. Koo, Delia. 1977. Elements of Optimization with Applications in Economics and Business. New York: Springer-Verlag.

Dynamic Model:

  1. Chiang, Alpha C. dan Wainwright, Kevin. 2005. Fundamental Methods of Mathematical Economics, Fourth Edition. New York: McGraw-Hill.
  2. Hoy, Michael; Livernois, John; McKenna, Chris, dan Stengos, Thanasis. 2001. Mathematics for Economics, Second Edition. Cambridge, Massachusetts: The MIT Press.
  3. Koo, Delia. 1977. Elements of Optimization with Applications in Economics and Business. New York: Springer-Verlag.
  4. Chiang, Alpha C. 1992. Elements of Dynamic Optimization. New York: McGraw-Hill.
  5. Kamien, Morton I dan Schwartz, Nancy Lou. 1991. Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management, 2nd Edition. New York: Elsevier.
  6. Takayama, Akira. 1985. Mathematical Economics, Second Edition. Cambridge, UK: Cambridge University Press.
  7. Takayama, Akira, 1994. Analytical Methods in Economics. Michigan: University of Michigan.
  8. Christensen, B.J & Kiefer, N.M. 2009. Economic Modelling and Inference. Princeton University Press.

Game Theory:

  1. Kreps, David M. 1990. A Course in Microeconomic Theory. Princeton: Princeton University Press.
  2. Kreps, David M. 1992. Game Theory and Economic Modelling. Oxford, UK: Clarendon Press-Oxford University Press.
  3. Osborne, Martin J. 2003. An Introduction to Game Theory. Oxford, UK: Oxford University Press.
  4. Osborne, Martin J. dan Rubinstein, Ariel. 1994. A Course in Game Theory. Cambridge, Massachusetts: The MIT Press.
  5. Shubik, Martin. 1982. Game Theory in the Social Sciences: Concepts and Solutions. Cambridge, Massachusetts: The MIT Press.
  6. Von Neumann, John dan Morgenstern, Oskar. 1953. Theory of Games and Economic Behavior. Princeton: Princeton Univ. Press.
  7. Karlin, Samuel. 1992. Mathematical Methods and Theory in Games, Programming, and Economics. New York: Dover Publlications. Inc.

Decision Making Theory:

  1. Zeleny, M. 1982. Multiple Criteria Decision Making. New York: McGraw-Hill.
  2. Mansur, Yusuf M. 1995. Fuzzy Sets and Economics: Applications of Fuzzy Mathematics to Non-Cooperative Oligopoly. Aldershot, Hants, UK, Edward Elgar Publishing Limited.
  3. Saaty, Thomas Lorie. 1988. Multiriteria Decision Making: The Analytic Hierarchy Process for Planning, Priority Setting, Resource Allocation. Pittsburgh: RWS Publication.
  4. Saaty, Thomas Lorie. 2001. The Analytic Network Process: Decision Making with dependence & Feedback. Pittsburgh: RWS Publication.

Model I-O (Input-Output):

  1. Leontief, Wassily.1986. Input-Output Economics, Second Edition. Oxford, UK: Oxford University Press.
  2. Miller, E. Ronald dan Blair, Peter D. 1985. Input-Output Analysis: Foundation and Extensions. New Jersey: Prentice Hall.
  3. Miller, E. Ronald; Polenske, Karen; dan Roose, Adam Z (Ed). 1989. Frontiers of I-O Analysis. Oxford, UK: Oxford Univ. Press.
  4. Carter, A.P. dan Bródy, A. (Ed). 1978. Input-Output Techniques: Applications of I-O Analysis. Amsterdam: North-Holland.
  5. Bulmer-Thomas, V. 1982. Input-Output Analysis in Developing Countries: Sources, Methods, and Applications. New York: John Wiley & Sons.
  6. Sohn, Ira (Ed). 1986. Readings in Input-Output Analysis: Theory and Applications. Oxford, UK: Oxford University Press.
  7. Nazara, Suahasil. 1997. Analisis Input Output. Jakarta: Lembaga Penerbit FE-UI.
  8. Perserikatan Bangsa-Bangsa (PBB). 1988. "Tabel Input-Output dan Analisis: Studi dalam Metode, Seri F, No.14, Rev.1", terjemahan Soeheba Kramadibrata dan Sri-Edi Swasono, United Nations, Input-Output Tables and Analysis: Studies in Methods, Series F, No.14, Rev.1. Jakarta: Penerbit Universitas Indonesia (UI Press).
  9. Badan Pusat Statistik (BPS). 2000. Kerangka Teori dan Analisis Tabel Input-Output. Jakarta: BPS.
  10. Isard, Walter dan Azis, Iwan J. (et.al). 1998. Methods of Inter-regional & Regional Analysis. Aldershot, Hants, England: Ashgate.
  11. Sadoulet, Elisabeth dan de Janvry, Alain. 1995. Quantitative Development Policy Analysis. Baltimore: The John Hopkins University Press.

Model SAM (Social Accounting Matrix):

  1. Perserikatan Bangsa-Bangsa (PBB). 1988. “Sistem Neraca Nasional”, diterjemahkan oleh Komet Mangiri. United Nations, A System of National Account. Jakarta: Penerbit Univ. Indonesia (UI-Press).
  2. Pyatt, Graham dan Thorbecke, Erik. 1976. Planning Technique for a Better Future: A Summary of a Research Project on Planning for Growth, Redistribution, and Employment. Geneva: ILO (International Labor Office).
  3. Badan Pusat Statistik (BPS).2003. Sistem Neraca Sosial Ekonomi Indonesia 2000. Jakarta: BPS.
  4. Afiatno, Bambang Eko. 1989. Model SNSE Indonesia: Pola Distribusi dan Analisis Makro. Jakarta: Pusat Antar-Universitas-Studi Ekonomi-Universitas Indonesia (PAU-Ek-UI).
  5. Pyatt, Graham dan Round, Jefferey I. (ed). 1985. Social Accounting Matrices: A Basis for Planning (A World Bank Symposium). Washington D.C: The World Bank.
  6. Isard, Walter dan Azis, Iwan J. (et.al). 1998. Methods of Inter-regional & Regional Analysis. Aldershot, Hants, England: Ashgate.
  7. Sadoulet, Elisabeth dan de Janvry, Alain. 1995. Quantitative Development Policy Analysis. Baltimore: The John Hopkins University Press.

 General Equlibrium:

  1. Starr, Ross M. 1997. General Equilibrium Theory: An Introduction. New York: Cambridge University Press.
  2. Dervis, Kemal; de Melo, Jaime; dan Robinson, Sherman. 1982. General Equilibrium Models for Development Policy (A World Bank Research Publication). Cambridge, UK: Cambridge University Press.
  3. Dixon, Peter B; Parmenter, Brian R; Powel, Alan A; dan Wilcoxen, Peter J. 1992. Notes and Problems Applied General Equilibrium Economics. Amsterdam: Elsevier Science Publishers BV.
  4. Mukherji, Anjan. 1990. Walrasian & Non-Walrasian Equilibria: An Introduction to General Equilibrium Analysis. Oxford, UK: Clarendon Press-Oxford University Press.
  5. Isard, Walter dan Azis, Iwan J. (et.al). 1998. Methods of Inter-regional & Regional Analysis. Aldershot, Hants, England: Ashgate.
  6. Sadoulet, Elisabeth dan de Janvry, Alain. 1995. Quantitative Development Policy Analysis. Baltimore: The John Hopkins University Press.

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Middle Exam, Final Exam

Course unit title

Monetary Economics and Banking

Course unit code

PNE896

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Dr. Rudi Purwono

Dr. Wisnu Wibowo

Dr. Wasiaturrahma

Learning outcomes of the course unit

Students are able to: (1) analyze comprehensively the economic system and mechanism from the monetary side; (2) evaluate various monetary policies taken by the central bank and present their arguments based on theoretical and empirical frameworks.

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

(1) The mechanism-design approach to monetary theory; (2) New monetarist economics: model; (3) money and inflation: some critical issues; (4) rational inattention and monetary economics; (5) imperfect information and aggregate supply; (6) DSGE models for monetary policy analysis; (7) how has the monetary transmission mechanism evolved over time?; (8) inflation persistance; (9) financial intermediation & credit policy in business cycle analysis; (10) financial intermediaries and monetary economics; (11) the optimal rate of inflation; (12) optimal monetary stabilization policy; (13) simple and robust rules for monetary policy; (14) optimal monetary policy in open economies

Recommended or required

reading and other learning resources/tools

Friedman, B. M., & F.H. Hahn. 2011. Handbook of Monetary Economics. North Holland

Freixas, X. & Rochet, J.C. 2009. Microeconomic of Banking. MIT Press.

Walsh, C. E. 2003. Monetary Theory and Policy. 2nd Ed. MIT Press. 

Mishkin. 2009. The economics of money, banking and financial markets. 9th Ed

Bernanke, B.S., T. Laubach., F. S. Mishkin., & A. S. Posen. 1999. Inflation Targeting. Princeton University Press

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Exam, individual assignment

Course unit title

Theory and Policy of Public Economics

Course unit code

EKP804

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Prof. Dr. Effendi

Dr. Achmad Solihin

Learning outcomes of the course unit

Students are able to: analyze theory and conduct critical reviews on taxation, provision of public goods, and government policies such as social security.

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

(1) Introduction, (2) general equilibrium and welfare economics, (3) topics in measurement, (4) commodity taxation, (5) income taxation, (6) policy reform, (7) risk, (8) corporate taxation, (9) public goods, (10) externalities, (11) imperfect competition, (12) tax evasion, (13) overlapping generations economies, (14) social security, (15) debt and tax

Recommended or required

reading and other learning resources/tools

  1. Myles, G.D. 2008. Public Economics. Cambridge University Press
  2. Atkinson, A.B & Stiglitz, J.E. 2015. Lectures on Public Economics. Updated Edition. Princeton University Press.
  3. Kaplow, L. 2010. The Theory of Taxation and Public Economics. Princeton University Press.
  4. Tresch, R. 2014. Public Finance: A Normative Theory. 3rd Ed. Elsevier Science & Technology
  5. Leach, J. 2004. A course in public economics. Cambridge University Press
  6. Ott, A.F., and Cebula, R.J. 2006. The Elgar companion to public economics. Edward Elgar
  7. Handbook of public economics Vol. 1 & 3. Elsevier

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Exam, Individual Assignment

Course unit title

Development Economics

Course unit code

EKP805

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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)

Dr. Nurul Istifadah

Dr. Ni Made Sukartini

Dr. Sri Kusreni

Learning outcomes of the course unit

Students are able to: (1) develop knowledge about the development process and the constraints faced by developing countries; (2) develop analytical skills on problems of underdevelopment using economic tools; (3) evaluate the economic policies of developing countries.

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

(1) Economic development: overview; (2) Economic growth & new growth theory; (3) History, expectations, and development; (4) Economic inequality; (5) Inequality and development; (6) Poverty and undernutrition; (7) Population growth and economic development; (8) Rural and urban; (9) Markets in agriculture; (10) Land; (11) Labor; (12) Credit, (13) Insurance; (14) Environment and development; (15) International trade & trade policy; (16) Multilateral approaches to trade policy

Recommended or required

reading and other learning resources/tools

Debraj. R. 1998. Development economics. Princeton University Press 

Meier, G. M., and Rauch, J. E. 2005. Leading issues in economic development. 7th Ed. Oxford University Press

Thirwall, A.P. 200. Growth and development. 8th Ed. Palgrave Macmillan.

Todaro, M.P., & Smith, S. C. (2011). Economic development. 11th Ed. Pearson. 

Rodrik, D. & Rosenzwei, M. (Ed). 2010. Handbook of Development Economics Volume 5. Elsevier.

Chenery, H., and Srinivasan, T. N. (1988, 1989, 1995, 2008). Handbook of development economics vol 1, 2, 3A, 3B, 4. Elsevier

Chaffner, J. 2014. Development Economics: Theory, Empirical Research, and Policy Analysis. Wiley.

Sach, J. D. 2015. The Age of Sustainable Development. Columbia University Press.

Worl Bank development report (publish annually)

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Exam, Project Paper

Course unit title

Trade Economics

Course unit code

EKI801

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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

Students are expected to be able to critically analyze and evaluate 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 practices in developing countries from the perspective of increasing trade volume. , trade competitiveness and other aspects related to trade policies 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) 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 international trade policy. This first method is carried out 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. This is done to provide opportunities for students to develop their writing skills, present papers and maintain/test students' understanding of various empirical experiences that occur both in various countries and at home. Topics 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, studies of related central and regional regulations on inter-regional trade

Recommended or required

reading and other learning resources/tools

Krugman, P. R., Obstfeld, M., and Melitz, M. 2011. International economics. 9th Ed. Prentice Hall

James, J., Marsh, I. W., & Sarno, L 2012. Handbook of exchange rate. John Wiley & Sons

Grossman, G. M., and K. Rogoff. 1995. Handbook of international economics Vol. 3. 

Markusen, J. R., Melvin, J. R., Kaempfer, W. M., Maskus, K. 1994. International trade: Theory & Evidence

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Project Paper

Course unit title

Ecological Economics

Course unit code

EKE

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

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, Ph.D.

Dr. Muryani

Prof. Dr. Effendi

Learning outcomes of the course unit

Students are able to develop concepts and methods of ecological economics to propose scientific research, or public policies, which can inform efficiency, equity and sustainability.

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

1) An introduction to ecological economics; Interdependent system: (2) The Environment, (3) Human in the Environment – some history, (4) The Economy in the Environment – a Conceptual Framework; Economic Activity: (5) Economic Accounting, (6) Economic Growth and Human Well Being, (7) Economic Growth and the Environment, (8) Exchange and Market, (9) Limits to Market; Governance: (10) Determining Policy Objectives, (11) Environment Policy Instrument; The Intertemporal Dimension: (12) A World of Nation State, (13) Climate Change, (14) Biodiversity Loss.

Recommended or required

reading and other learning resources/tools

Farley, J. & Daly, H.E. 2011. Ecological Economics: Principles and Applications. 2nd Ed. Island Press.

Daly, H.E. 2008. Ecological Economics and Sustainable Development, Selected Essays of Herman Daly - Advances in Ecological Economics series. Edward Elgar. 

Zehner, O. 2012. Green Illusions: The Dirty Secrets of Clean Energy and the Future of Environmentalism (Our Sustainable Future). University of Nebraska Press.

Meadows, D.H., Randers, J. & Meadows, D.L. 2004. Limits to Growth: The 30-Year update. 3rd Ed. Chelsea Green Publishing.

Shmelev, S. E. 2012. Ecological Economics: Sustainability in practis. Springer.

Van Den Bergh, J.C.J.M. & Janssen, M. A. 2004. Economics of Industrial Ecology: Materials, Structural Change, and Spatial Scales. The MIT Press.

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Middle Exam ; Final Exam ; Paper and Presentation