Master of Economics

  Institution: Private: Universiti Kebangsaan Malaysia (UKM)

This programme aims to provide candidates with an advanced knowledge of economics. Candidates can complete the programme through two different modes of study: coursework intensive and research intensive. The coursework intensive mode of study places emphasis on the ability of the candidate to demonstrate their depth and scope of knowledge through successfully completion of course modules, while the research intensive mode of study places emphasis on the ability of the candidate to demonstrate their advanced knowledge and understanding of economics through the completion of independent research. The principal scopes of the programme are to produce graduates that have advanced knowledge in the area of economic theory and are capable of the empirical application of such knowledge and independent research in the field of economics. Additionally, the programme seeks to produce graduates with the tailored skills necessary to be successful as academics, researchers and policymakers.

Programme Goals

This programme aims to produce graduates that:

• possess knowledge and skills relevant to the field of economics;
• possess an expanded competency and understanding of the selected area(s) of study; and
• are professional and ethical in fulfilling their responsibility to God and society.

Learning Outcomes

Upon completion of the programme, graduates should be able to:

• demonstrate a systematic and in-depth understanding of economics;
• produce, develop, implement and apply research methodologies in a constructive manner;
• undertake research that yields original contributions and expands upon existing knowledge in the field of economics through the publication and defence of studies that reflect international standards and practices;
• critically analyse, evaluate and synthesize new and complex ideas;
• effectively communicate ideas relating to the field of economics to peers within the field of study and to the general public; and
• disseminate research output in the contexts of knowledge society.

Admission Requirements

Candidates who wish to pursue the programme of study must:

• possess an educational background consisting of:
  • Bachelor of Economics with honours from Universiti Kebangsaan Malaysia or other higher education institution recognized by the UKM Senate; or
  • other qualification(s) equivalent to a Bachelor of Economics with honours from Universiti Kebangsaan Malaysia or other higher education institution recognized by the UKM Senate;
• obtain a minimum TOEFL score of 550 or IELTS 6 or other English proficiency examination recognized by the UKM Senate, in the event that the candidate is an international student; and
• meet any further requirements and conditions specified by the Faculty of Economics and Management.

Period of Study

Full-time study entails a minimum of two (2) and a maximum of six (6) semesters of registration, while part-time study entails a minimum of four (4) semesters and a maximum of eight (8) semesters of registration.

Programme Structure

The Master of Economics programme can be completed via two different modes of study:

• Coursework
• Thesis

Coursework Mode

Candidates enrolled in the coursework intensive mode of study must successfully complete a total of 40 units of courses, with a CGPA of ≥ 3.00. The curriculum is comprised of:

Additionally, candidates are required to publish at least one article in a proceeding from a seminar/conference/workshop approved by the Graduate Study Committee.

List of Courses

a)      Core Courses (12 units)

EPPE 6014      Microeconomics

EPPE 6024      Macroeconomics

EPPE 6034      Econometric Methods

b)      Compulsory Module Courses (12 units)

Monetary Economics

EPPE 6114      Portfolio Analysis

EPPE 6124      Monetary Economics

EPPE 6164      International Finance

Industrial Economics

EPPE 6134      Advanced Industrial Organisation

EPPE 6174      Trade and Industrial Economics

EPPE 6264      Advanced Labour Economics

Public Economics

EPPE 6144      Public Finance

EPPE 6154      Economics of Social Policy

EPPE 6184      Political Economy of International Trade

International Economics

EPPE 6164      International Finance

EPPE 6174      Trade and Industrial Economics

EPPE 6184      Political Economy of International Trade

Development Economics

EPPE 6214      Advanced Economic Planning

EPPE 6224      Development Theory and Policy

EPPE 6234      Trade and Development

Human Resource Economics

EPPE 6244      Human Resource Development Planning

EPPE 6254      Human Resource Management

EPPE 6264      Advanced Labour Economics

Agricultural and Applied Economics

EPPE 6304      Advanced Agricultural Economics

EPPE 6314      Applied Resource Policy and Project Analysis

EPPE 6324      Policy Analysis and Agricultural Programmes

Environmental and Resource Economics

EPPE 6314      Applied Resource Policy and Project Analysis

EPPE 6334      Environmental and Natural Resource Economics

EPPE 6344      Dynamic Optimisation and Decision Theory

Econometrics

EPPE 6414      Advanced Econometrics

EPPE 6424      Time Series Econometrics

EPPE 6434      Applied Econometrics

Islamic Economics

EPPE 6514      Fiqh for Economics

EPPE 6524      Islamic Money and Capital Markets

EPPE 6534      Advanced Islamic Economic Analysis

c)      Elective Courses (8 units)

Any two courses listed in the Compulsory Module Courses, except the courses that have been registered as Compulsory Module Courses.

d)      Academic Paper

EPPE 6908      Academic Paper

Graduation Requirements

In order to successfully complete the research intensive mode of study for the Master of Economics Programme, candidates must:

• successfully complete the oral examination and defence of the thesis;
• publish at least one (1) article in an indexed journal and one (1) article in a proceeding; and
• meet any other conditions prescribed by the University.

Proposed Schedule of Study

The proposed programme timetable and progression of study for a full-time candidate:

 Thesis Mode

Candidates enrolled in the research intensive mode of study must successfully complete 3 prerequisite courses (if required) and write a thesis weighted as 40 units. Candidates are required to attain L (Pass) to successfully complete the prerequisite courses. The candidate must present and pass his/her research proposal and successful in the thesis oral examination.  Please refer to Supervision and Examination Guidelines for Thesis/Dissertation/Academic Paper.

Additionally, candidates are required to publish at least one (1) article in an indexed journal and publish at least one (1) article in a proceeding from a seminar/conference/workshop approved by the Graduate Study Committee.

Graduation Requirements

In order to successfully complete the research intensive mode of study for the Master of Economics Programme, candidates must:

• successfully complete the oral examination and defence of the thesis;
• publish at least one (1) article in an indexed journal and one (1) article in a proceeding; and
• meet any other conditions prescribed by the University.

Proposed Schedule of Study

The typical programme timetable and progression of research for a full-time candidate completing within three (3) semesters is as follows:

Application

Online application is via http://guest.ukm.my or visit Center for Graduate Management’s website at http://www.ukm.my/pps.

Tuition Fee

RM 8200