OVERVIEW OF THE MASTER OF ECONOMICS STUDY PROGRAMME CURRICULUM

1

Awarding body/institution

Universitas Airlangga

2

Name of the program

Master of Economics

3

Details of the accreditation by a professional or statutory body

Accredited as Grade A by National Accreditation Board for Higher Education ( https://drive.google.com/drive/folders/1NZ2JxeWpifoPJc6jrjoOcgAkpZwU7A2j?usp=sharing )

4

Type (eg full/part-time, residential/distance learning, dual, intensive program)

Full time

5

Final degree (title)

Master of Science in Economics

6

Standard period of study and credit points gained (according to ECTS)

4 semesters, 39 credit points (62.4 ECTS)

7

Expected intake for the program

Bachelor or Diploma IV graduates should pass document verification, Academic Potential Test (TPA), English language proficiency test, and interview. The candidates should have a minimum GPA of 2.75 and a research proposal.

8

Program starting date within the academic year and first time the program has been/will be offered

February and September every year since 2008 according to SK10253/J03/OT/2008

A. Knowledge

A.1

Graduates are able to understand econometrics, intermediate microeconomics and macroeconomics;

A.2

Graduates are able to apply the concept of economics and solving economic issues;

A.3

Graduates are able to develop econometrics models based on research questions;

A.4

Graduates are able to have a specialty in specific economics topics provided in the elective courses.

Teaching & Learning Methods

Students will experience a wide variety of teaching methods and a range of opportunities for learning. These are designed to facilitate a deeper understanding of the subjects and foster independent learning. Methods include:

· Lectures

The lecturer is responsible for disseminating the content of the course, with interaction from students. The interaction would appear in the form of questions or comments about what has been presented. This method teaches a body of knowledge to students and allows them to assess or criticize teaching materials.

· Discussion

The implementation of this learning method can be conducted in the form of which: (i) the lecturer gives several questions, problems, or cases related to the learning material to be discussed by students; and (ii) each student or small group of students present their learning outcomes in front of the class. In this regard, students are responsible and must conduct independently for incorporating scientific knowledge needed to actively take a role in weekly discussions and presentations. Lecturer has a role as a facilitator who supervises and ensures the interactive discussion is held. Lecturer also delivers feedback on the material presented by students.

· Seminars

This method requires each student or small group of students to present the research plan as well as research results in front of the peer group and lecturers. Afterwards, the lecturer delivers feedback to the students' research plans and results.

· Tutorials

This method helps students to: (i) gain an in-depth understanding of a particular subject; (ii) develop students' ability to identify and evaluate relevant sources; (iii) developing research designs; (iv) correctly understand the techniques of collecting and processing data and information; (v) develop the ability to communicate effectively both orally and in writing, effective time management, critical self-assessment; (vi) develop the ability to think and act as a professional in the discipline of economics.

Assessment Method

A range of formative and summative assessment exercises are designed to enable students to demonstrate and apply knowledge. Methods of assessment include:

· Written examinations

Written exams aim to test students' ability to understand the course materials, which have been given. Written exams are conducted twice, which are mid-term tests and final exams that are mandatory for the students.

· Exercises and problem sets

The exercises and problem sets are a collection of questions that must be answered by each student in each course. Exercise in the form of practice questions for each course will be given at the end of the lecture or while the lecture is in progress. The problem set contains questions that help students to fulfill the learning outcomes. Problem sets are prepared by a team of lecturers who manage each course. Problem sets are discussed in tutorial activities that must be attended by every student

· Projects

Assessment in the form of projects can be individual or in group activity. The assessment is generally carried out on several aspects including the suitability of the topic, quantity and quality of references, ability to explain the understanding of knowledge/theory and its application, and ability to analyze and synthesize.

B. General Skills

B.1

Graduates are able to develop logical, critical, systematic, and creative thinking through scientific research;

B.2

Graduates are able to analyze research questions, theories and concepts, and analysis tools of journals used to develop research;

B.3 

Graduates are able to compile ideas, thoughts, and scientific arguments based on academic ethics, and present them;          

B.4

Graduates are able to identify the scientific field of his/her research object. Identifying the research map and developed through inter or multi-disciplinary approach;

B.5

Graduates are able to contribute as a problem-solver in the development of science and technology considering theory, analysis, information, and data;

B.6

Graduates are able to conduct and develop a research both independently and in a group including to ensure the validity;

B.7

Graduates are able to develop arguments and explain ideas related to empirical phenomena using comprehensive economic theory.

Teaching & Learning Methods

· The wide variety of courses and in-depth discussions with lecturers will strengthen the understanding of both theory and application. Therefore, this could improve student's performance especially in working on assignments and writing a thesis.

· Giving reading lists in the form of books or journals. Giving assignments contains problems, which could develop students' analytical and critical thinking.

· Not only self-performance, but also team work is a concern in the master of economics program.

· In order to have a deep understanding in the scientific research, each student should attend the research methodology of economics course.

· Lecturers encourage students to avoid plagiarism.

· Philosophy of Economics course would allow students to create discussion forums, which could improve soft skills such as how students convey ideas and arguments

Assessment Method

· The performance of students to work independently is assessed through tasks given and thesis. The assessment contains analytical and critical thinking, and how he presents and compiles ideas and scientific arguments.

· Students will be assessed through many indicators. One of those is how students implement theory and knowledge to solve certain problems given.

· In the learning process, the lecturers give group project assignments. This is to develop the team work skills as a simulation of working atmosphere and building their connections with peers.

· The output of methodology of economics course is a research proposal. The ability of students in performing a research will be assessed through the submitted proposal, which will be presented by each student in order to get the feedback from the lecturers.

· Every submitted task, project, and thesis should pass the plagiarism test.

· The lecturer marks the process of discussion and makes sure that students are actively involved in the discussion forum.

C. Specific Skills 

C.1

Graduates are able to analyze economic problems using comprehensive economic methodologies, interdisciplinary and multidisciplinary approaches;

C.2

Graduates are able to work under ethical values ​​to undertake research activities, starting from identifying a research problem, formulating a hypothesis, collecting relevant references, designing a research method, doing data analysis, and summarizing findings;

C.3

Graduates are able to publish research articles in reputable journals

Teaching & Learning Methods

· Lecturers give assignments related to the economic problems. Therefore, the students could discuss their points of view and provide solutions, which might be related to interdisciplinary and multidisciplinary.

· The ability to identify and develop a research has been built through learning related courses such as intermediate macroeconomics and microeconomics, econometrics, methodology of economics, and elective courses.

· Each student is equipped with the ability in conducting and developing research especially when he or she attends the methodology of economics course.    

Assessment Method

· The lecturer gives marks and feedback on the assignments.

· Students learn courses and work on the assignments, which will support them to have analysis skills in identifying and developing research.

· The requirement to be graduated is that the student should have at least one research published in an accredited journal.

D. Attitude 

D.1

Graduates are able to demonstrate integrity as individuals with humanity, morality, ethics according to Islamic values

D.2

Graduates are able to internalize and have a responsible attitude towards humanity and academic values, norms, and ethics;

Teaching & Learning Methods

· The lecturers deliver subjects, which improve understanding of theories and analytical tools useful for research. By conducting researches, students could help to improve gain knowledge and skills, contribute to literature and to the related authorities in terms of policy advice (if it is possible).

· Economics master degree at Airlangga University provides students access to guest lectures and workshops. These programs aim to increase the students' awareness of issues in the community, environment, and international level.

· Giving a presentation task independently or in a group. The objective is to form discussions, to respect the different opinions, and to develop critical thinking as well as ideas.  

· In accordance with the values ​​of university and academic norms, integrity and anti-plagiarism should be instilled in every lecture.

Assessment Method

· Lecturers encourage students to conduct research by giving assignments such as a project in an econometrics course. The assessment of econometrics project should not only come from the analytical tools but also the theory and relevance;

· The assessment based on the attendance or task given related to the topic of guest lecture or workshop;

· The assessment criteria are based on the academic context, attitude, how they present ideas and respond to other students' opinions. These could gain skills needed when they work;

· Every submitted task or project should pass the plagiarism test.

Sample Curriculum Overview

Master of Economics Program, 4 Semesters

No

Course Units

Credit Points per Semester

Workloads

Method of Teaching

Form and Duration of Examinations

weight of exam related to final grade

Name of Lecturer

1

2

3

4

Hours in Class

Self-Study Hours

ie lecture courses, seminars, tutorials

Semester 1

14

163

392

14/39

1

EKT602 Macroeconomics Theory

3

35

84

L and S

Mid term and final examination. Each in 150 minutes

3/39

Wisnu Wibowo , Dr.

2

EKT603 Microeconomic Theory

3

35

84

L and S

Mid term and final examination. Each in 150 minutes

3/39

Lilik Sugiharti, Dr.

3

EKP601 Development of Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Lilik Sugiharti, Dr.

4

PNE610 Research Methodology of Economics

3

35

84

L and T

Research proposals

3/39

Rudi Purwono, Dr.

5

PHE601 Philosophy of Economics

2

23

56

L

Mid term and final examination. Each in 150 minutes

2/39

 Wasiaturrahma, Dr.

6

70

168

6/39

6

EKK601 Applied Econometrics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Dyah Wulansari, Ph.D

7

EKK602 Economic modeling

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Rossanto Dwi Handoyo, Ph.D

M2

Semester II

9

105

252

9/39

8  

EKP627 Public Economics and Regional Finance

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Achmad Solihin, Dr.

9

EKI602 Trade Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Rossanto Dwi Handoyo, Ph.D

10

EKM603 Monetary and Banking Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Rudi Purwono, Dr.

11

EKP606 Regional Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Nurul Istifada, Dr.

12

EKP621 Economics of Business Competition

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Nurul Istifada, Dr.

13

EKP622 Maritime Economics

3

35

84

L and S

Mid term and final examination. Each in 150 minutes

3/39

Bambang Eko Afiatno, Ph.D.

14

EKP622 Health Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Ni Made Sukartini, Dr.

15

EKP623 Political Economics

3

35

84

L and S

Mid term and final examination. Each in 150 minutes

3/39

Rumayya , Ph.D

16

EKP624 Regional Planning Economics

3

35

84

L and S

Mid term and final examination. Each in 150 minutes

3/39

Rumayya , Ph.D

17

EKP607 Urban Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Nurul Istifada, Dr.

18

EKP625 Transportation Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Bambang Eko Afiatno, Ph.D.

19

EKP626 Tourism Economics

3

35

84

L and T

Mid term and final examination. Each in 150 minutes

3/39

Tri Haryanto, Ph.D

Semester III

2

23

56

2/39

20

PNE698 Thesis seminar proposal

2

23

56

S

Proposal presentation in 150 minutes

2/39

Deni Kusumawardani, Dr.

Semester IV                      

8

93

224

 8/39

21

Thesis

8

93

224

S

Thesis defense in 150 minutes

8/39

Deni Kusumawardani, Dr.

Total

39