Course Descriptions

Requires Courses


This course aims to teach inner concepts and mathematics techniques often used to analyze economic, business, or financial problems. The advantage of the mathematical approach to analyze problems is that it involves many variables predicting their direction and magnitude change in a variable. The course also discusses the topics of relations and functions, types of functions and graphs, the functions of two or more variables; differential calculation; limit function; integrals; matrix; linear programming; static analysis; as well as various examples of applications of mathematics in economics such as the concept of market balance, tax and subsidies, the consumption function, national income and savings, break-even analysis, price elasticity, the concept of revenue, derivative functions consist of many independent variables, non-linear programming, dynamic analysis, and optimization problems non-linear constraints and differential equations.  After following this course, students are expected to perform static analysis (find a balanced position and solve linear equations), solve the free optimization problem and linear constraints. Students can also make a balanced comparison (comparative static analysis) and dynamic analysis by finding the time path or pattern the movement of a variable follows time and solve problems non-linear optimization is constrained.

Practice: Yes

Prerequisite: None



This course aims to teach basic statistical methods in processing data. It introduces the meaning and scope of statistics as a tool for studying economics, especially concerning empirical data. This course discusses the characteristics of data relevant to economic development, includes aspects commonly known as descriptive statistics. The emphasis of the eye this lecture is on descriptive statistics. Some of the topics discussed included: understanding and statistical methods; data; average; deviation, variation, index number; row periodic; definition of regression and correlation; probability; theoretical likelihood distribution, and normal distribution. After taking this course, students are expected to use statistical methods to analyze data descriptively and calculate an event’s probability. This course also discusses the systems, uses and scope of inferential statistics in economics. Furthermore, students should understand sampling and sampling distribution, assessment, hypothesis testing, Chi distribution, ANOVA, non-parametric model as regression and correlation. Following this course, students are expected to do calculations inferential statistical calculations using various methods.

Practice: Yes

Prerequisite: None




This course aims to provide an initial overview of economic theory and theory an overall picture of the basis of microeconomics, especially on how consumers and producers behave in a market economy. It discusses the basic concepts of microeconomics, concepts of demand and supply, how markets interact (geometric analysis of equilibrium), theory production and costs, elasticity and applications; market competition system; problem consumer, producer, and market efficiency as input production and distribution markets income. After taking this course, students are expected to understand microeconomics’ role in companies can explain microeconomics in general through simple diagrams and formulas.

Practice: Yes

Prerequisite: None



This course aims to provide an initial overview of economic theory and an overview as a whole regarding the basis of macroeconomics. This course discusses basic macroeconomic science concepts, including basic concepts about problems faced by economic organizations, markets, and government in the modern economy. The topics covered include understanding, foundation, and macroeconomic organization; formation and calculation of gross domestic product; calculation of the cost of living; long-run economy; savings and loans; unemployment and inflation; the basic concept of open macroeconomics; trade balance and exchange rate; the effects of monetary and fiscal policy on short-run aggregate demand; and five important topics in macroeconomics. After following this course, students are expected to understand the role of macroeconomics in the national economy and understand various macroeconomic phenomena that happen.

Practice: Yes

Prerequisite: None




This course aims to deepen the microeconomic concept in determining prices and the role of prices in the economy as an institution. This lecture will discuss how economic models can be built from theoretical studies of demand and supply, production theory and market forces. Topics covered include economic modelling and mathematical optimization, consumer’s choice, theory demand (income effect, substitution effect, individual and market demand, as well the concept of elasticity), the production and cost function and profit maximization, and the system market competition (Partial equilibrium competitive model, general equilibrium and welfare economy). As an additional element that differentiates it from introductory courses, Microeconomics I provides concrete examples of natural applications empirical of each theory discussed. After attending this course, students expected to analyze and solve various microeconomic problems that occur, mainly concerning the pricing and the role of pricing in the economy.

Practice: Yes

Precondition: Introduction to Microeconomics



This course aims to provide a deepening of macroeconomic science previously obtained from an introduction to macroeconomics. This course discusses topics concerning macroeconomic theory through a graphical discussion, mathematics, and empirical. The material covered includes aspects of measurement and definition of macroeconomic variables or indicators, national concept of income, unemployment, money and inflation, supply concepts and aggregate demand in open and closed economies, the function and role of money in the economy, the IS-LM approach to a closed economy, new macroeconomics, consumption and savings rates, investment, fiscal and monetary policy as well debt, stabilization policy and implications for macroeconomic policies. After following In this course, students are expected to explain deeper the concepts of macroeconomics and analyze economic phenomena using macroeconomic concepts either by using graphics, mathematics, and empirical analysis.

Practice: Yes

Precondition: Introduction to Macroeconomics




This course aims to provide econometric knowledge and methods basic in terms of model testing and economic analysis. This course discusses the concept and application of basic econometric methods with material covering, among others: meaning and scope of econometrics; simple regression with OLS; assumptions classical regression; multiple regression (multiple regression), estimation and inference; hypothesis testing; regression analysis and analysis of variance and regression with dummy variables. Students are trained to be able to use computer software for econometrics: STATA. Students are expected to perform econometric tests on various econometric equations and forecasting models with a linear regression model after taking this course.

Practice: Yes

Precondition: Statistics for Economics and Business, Mathematics for Economics and Business, Microeconomics I and Macroeconomics I.



This course aims to deepen and expand the various kinds of microeconomic analysis that have been obtained Intermediate Microeconomics course. It addresses models of realistically more imperfect market competition that can be found in everyday life. This course provides further opportunities for students to directly study microeconomics with theoretical tools, the current economic reality situation, and the latest microeconomic developments. Topics discussed include the models of imperfect competition (monopoly, traditional models, and game theory), determination of prices in the input production market (market labour, capital markets, and interest rates), uncertainty, economic of information, and market failure (externality, public good, and political economy). Students are expected to understand and analyze various current situations and economic realities using various economic theory tools with a mathematical analysis approach after attending this course.

Precondition: Intermediate Microeconomics



This course aims to provide a broader analysis than those given in Intermediate Macroeconomics using various mathematical models and econometrics. This course discusses deeper the issues such as economic growth (along with factors that influence it, Aggregate Supply (Labor Market, AS Curve, Wages, Prices and Output, Philips Curve to the Aggregate Supply and Supply Shock), anatomy inflation and unemployment, money supply and demand, financial markets, policy macroeconomics in open markets, as well as advanced business cycle theory. This course relies on mathematical analysis and econometric models. Students can understand and test various macroeconomics theories with a mathematical analysis approach and econometric models after following this lecture.

Precondition: Intermediate Macroeconomics



This course aims to provide understanding and qualitative analysis as well as quantitative used in the labour economy. This course discusses the role of the human as one of factor production in the economic development process. Topics covered include human capital (education), market discrimination, labour, income inequality, labour mobility (immigration). Following this course, students are expected to explain and analyze different issues of the population in Indonesia theoretically and empirically by using data both from the historical (historical), microeconomic and economic side macro.

Precondition: Intermediate Microeconomics



This course aims to provide a basic understanding of trade and commerce international finance, emphasizing international trade’s basic understanding. This course discusses the technical concepts and advantages of trade, the causes and consequences of trade and policies trade, through discussion: Ricardian theory, Heckser-Ohlin theory, factor theory specific, distortions due to government policies, trade due to differences in terms of preference, trade due to increasing returns to scale and intra-industrial trade. Discussions on aspects of international policy will be limited to tariff and non-tariff aspects and the trend of globalization and regionalization of world trade. It will then discuss the relationship between international trade and economic development and international resources, and multinational companies’ movement. This course also includes various monetary aspects of the international economy: analysis of the balance of payments; foreign exchange market performance; theory and systems foreign exchange rates; and open macroeconomic models that include elements of international trade and investment. The method used is more than just graphics, but also mathematics and statistics. After following this course, students are expected to learn about international economics, especially regarding international trade, and understand the development of economic theories and models of international affairs related to the monetary sector.


Precondition: Intermediate Microeconomics



This course aims to provide knowledge to students about various development issues in developing countries concerning development problems and policies. It covers both from a theoretical perspective and facts that occurred in several developing and transition countries in various parts of the world, particularly Asia, Africa, Latin America, the Middle East, and various transition countries in Europe. The discussion includes the notion of economic development, development theories, and the issues discussed in development in developing countries, which will then be differentiated from a macroeconomic and microeconomic perspective. Some of the material that will be taught, among others is the theory of structural transformation in the development process, process growth, basic theories of development, international trade, external assistance country, poverty and income inequality, agricultural problems, industry and rural development, labour markets, migration and economic growth, education, health, nutrition, and government policies regarding development related to the things discussed. Apart from that in this lecture will also explain various data regarding the condition and progress of progress development for developing countries, as data from World Development Report (WDR), International Financial Statistics (IFS), World Development Indicators (WDI), and some data for the case of Indonesia. After attending courses. Students are expected to formulate development problems in the country that evolves with the policy solutions that follow.

Precondition: Introduction to Microeconomics; Introduction to Macroeconomics



This course aims to introduce public goods, in terms of benefits as well as financing. This course discusses the definition and function of public goods, processes the occurrence of public goods, benefits from public goods, and management of public goods, including on the role of the government sector in the economy, analysis tools positive or normative which can be used in public economic analysis, analysis government spending and government revenue. Analysis of government spending includes the causes of market failure and the supply of public goods, externalities, theory voting, conceptual issues of income redistribution. Income analysis government covers various aspects of taxation: taxation and distribution of income, fair and efficient taxation. After following this course, students are expected to distinguish public and private goods, knowing the definition and functions of public goods, benefits and management of public goods, financing of goods public, and policy analysis for government regarding these public goods.

Precondition: Intermediate Microeconomics



This course aims to explain economic value and impact from industries and companies’ activity and development and put pressure on that discussion in the real world competition is imperfect. This course discusses theoretical analysis using microeconomic theory, while empirical analysis uses industrial activities in developed countries and Indonesia. Includes discussion of structure, behaviour and industry performance, the concept of operating the company, measuring market structure and identification of influencing factors, oligopoly theory and practice, product differentiation and government policy in influencing industrial policy. Understanding that given also includes: market forms, analyzing market influence with the structure of the perfect and imperfect competition, non-price competition, collusion and mergers, patent, copyright and R and D issues, regulations and anti-trust laws as well applications in Indonesia. After attending this course, students are expected to understand deeper into firms and industries’ behaviour within an industrial organization and market where the market experiences imperfect competition.

Precondition: Intermediate Microeconomics



This course aims to deepen and expand the monetary system obtained from the Bank and Financial Institution course, emphasizing policy issues and their macroeconomy implications. Which topic will be discussed, covering the theories of supply and demand in money markets, policies monetary policy, its impact and effectiveness, money and inflation, rational expectations, and transmission monetary policy. At the end of the lecture, students are expected to analyze money’s relationship with various macroeconomic variables.

Precondition: Intermediate Macroeconomics



This course aims to provide an in-depth and expansion of the course financial management. This course discusses the financial aspects of the company and its sustained operations. The topic includes financial management, financial risk in companies, as well as financial and corporate strategy. After following this course, students are expected to have the ability to analyze financial performance by taking into account various factors and risks and in making a logic think about the financial problems and risks facing investors and company

Precondition: Intermediate Microeconomics




This course aims to provide knowledge of natural resources with various problems from an economic point of view. This course discusses various topics, including environmental issues in the economy, concepts of efficiency and allocation efficiency of pollution control and pollution prevention decisions, and estimated consequences of environmental policy alternatives. The theory explains how power holders make decisions in controlling resources nature that will affect the quality of the environment, understanding calculation techniques the benefits and costs of government involvement in managing natural resources, limitations of the economy with its understanding, explanation, and forecasts relating to environmental issues and policies, as well as comparing between neo theories classical and institutional approaches in environmental economics. After attending courses, students are expected to understand how to organize and make decisions about natural resources and how they efficiently use them to sustain economic value.

Precondition: Intermediate Microeconomics, Intermediate Macroeconomics, Mathematics for Economics and Business.



The course aims to apply existing economic theories and models previously taught to benefit economic planning and development – both within the scope of planning at the national level and planning area. This course discusses development planning and planning objectives development in general, the difference between national planning and planning regional. Planning models will be discussed either in aggregate or sectoral/multisectoral, such as growth and aggregate development planning – Harrod-Domar model, Two Gaps and Three Gap approach, Solow and Swan model, as well Endogenous model. Besides disaggregate models such as the main sector model, input-output models, and the Social Accounting Matrix will be discussed. After following this course, students are expected to make national economic analysis and planning by using various planning models and methods.

Precondition: Intermediate Macroeconomics; Intermediate Microeconomics



This course aims to examine macroeconomic applications at the sub-national level. Approaches borrowed heavily from macroeconomic approaches and models with adjustments to the region’s character that does not recognize administrative boundaries with other countries. This course discusses various concepts, starting with introducing regional growth models, analyzing how an area does specialization, and ending with suitable economic models for regional economic analysis using quantitative and qualitative methods. This course will provide students with a basic understanding of spatial theory, industrial location, transportation and land rent as microeconomic studies, and basic regional income definitions. This course also provides a basic understanding of regional development concerning national development concerning the distribution of economic activity spatial, urban economic structure, rural economic structure, power market analysis regional and inter-regional work, regional economic planning, economic growth regions, and regional economic policies. Students are expected to make sustainable regional economic planning adjusted to existing laws and regulations after attending this course.

Precondition: Intermediate Microeconomics; Intermediate Macroeconomics



This course aims to give students direction in writing their Thesis under good and correct writing principles. This tool course discusses scientific research principles, scientific research requirements, review libraries, hypotheses and uses in scientific research, research instruments, data collection methods, analysis methods, preparation of research proposals, and writing research reports. After attending this course, students can make scientific writing following the correct rules of academic writings.

Precondition: Statistics for Economics and Business; Introduction to Econometrics




This course aims to discuss government regulations and their relationship with the economy. This course also discusses related political aspects with government policies, especially policies in the economic sector.

Precondition: Public Economics, Public Policy Economics, Intermediate Macroeconomics, Advanced Macroeconomics.



This course aims to provide advanced skills related to data processing (data processing) and applied statistics, such as Factor Analysis, Path Analysis, and other multivariate statistics.

Prerequisite: Statistics for Economics and Business



This course aims to provide basic knowledge for an introduction to the meaning and function of financial systems. This lecture discusses topics consisting of financial markets and financial institutions in the economy and the introduction of sector instruments finance in developed and developing countries. Functions and The role of the central bank as the monetary authority will also be briefly discussed. After joining this course, students are expected to recognize and understand the types of instruments circulating in the financial system and the roles and functions of institutions finance (commercial banks and non-bank financial institutions) in the economy.

Precondition: Introduction to Microeconomics course; Introduction to Macroeconomics.



This course aims to provide an in-depth and expansion of the course Public Economics obtained previously, where this subject is more numerous emphasizes public policy analysis. The topics covered include the theory of goods public; government pricing of public goods; acceptance theory and state expenditure; the effect of taxes on the economy and the behaviour of agents economy; fiscal policy and economic stabilization, government budget, and fiscal policy in Indonesia; taxes, government budget and development funding; economic development and foreign loans, as well as regional finances. After attending this course, students can apply the knowledge he has acquired about the public economy to formulating public policies under different state conditions.

Precondition: Public Economics



This course aims to apply economic theory to the health sector. The lecture emphasizes the issues of demand for health services and its determinant factors. The presence of asymmetric information characterizes industrial health services. The characteristics have implications for demand analysis and different health service offerings. Following this course, students are expected to determine the different factors that influence health services and make the right decisions related to the health sector.

Precondition: Introduction to Microeconomics



This course encourages students to analyze various problems economy that exists in the economic development of a city. The focus is to explain urbanization, housing, transportation and congestion, social segregation, agglomeration of economic activity, problems urban informal sector, and city development policy.

Precondition: Intermediate Microeconomics



This course aims to provide a foundation of knowledge and expertise about a wide range of aspects of preparing and assessing development activity, emphasizing financial and economic analysis. This course will discuss the basic development process and objectives, the basic understanding of the project, various aspects that concern project preparation and the cycle of a project. The discussion will also be continued with the basics of investment criteria as a starting point for assessing the feasibility of a project/development activity which will then be continued with the discussion concerning the principle of using shadow price (accounting price) in development activity and how to estimate calculation of accounting price in project preparation activities. Discussion of the material will end with an analysis of the impacts that may arise from a project’s activity for the economy as a whole. After following this course, students are expected to create and analyze a development project and the impacts that may arise from the activities of a project for the economy as a whole.

Precondition: Intermediate Microeconomics



This course aims to extend the discussion of international economics dissertation understanding of the government’s policies in international economic policy matters. This course discusses the international economy’s policies and the trends in the development of the world economy (regionalization and globalization), and their impact on the national economy. The main topics include protection policies (tariff and non-tariff barriers), imperfect competition, increasing returns and strategic trade policies, preferential trade areas, the political economy of trade policy and administrated protection (GATT/WTO, contingent protection; trade and the environment). The approach used is quantitative, graphic, and empirical methods. After following this course, students are expected to understand and analyze various methods regarding various international economic policies taken by the government.

Precondition: International Economics



This course aims to introduce the stages and issues of economic development in Indonesia. The discussion begins with an understanding of the Indonesian economic system, its basic concepts, directions, and patterns, as well as the history of Indonesia’s economic development planning; macroeconomic policy and deregulation of the Indonesian economy; fiscal policy, state budget policy, regulation on public finances; national tax issues; monetary policy, banking deregulation, and restructuring of Indonesian banking; capital market and its role in economic development; foreign investment; foreign trade policy in the context of Indonesia’s development; foreign debt, the balance of payments and current account deficit problems; public company; the economic and financial crisis in Indonesia and efforts to overcome it. Following this course, students are expected to analyze the Indonesian economy’s current condition and the previous conditions that can be used to improve Indonesia’s economic conditions in the future.

Precondition: Intermediate Microeconomics; Intermediate Macroeconomics



This course aims to compare two forms of economic systems extreme, namely capitalism with socialism. This course discusses special characteristics of some forms of the current economic system such as the American capitalism system The Union, Japan and the newly industrialized countries, the Russian Socialist System, Hungary, the PRC, Yugoslavia, and the Welfare State countries of West Europe such as Denmark, Sweden and Norway. In this course, the economic analysis of market systems and systems will also be taught planning and government intervention. After following In this course, students are expected to make conclusions and analyze the advantages and disadvantages of existing forms of economy in the world.

Prerequisite: none




This course aims to make students understand the process of developing various theories, concepts, and economic analysis methods from Adam Smith’s time to the present. Eye This lecture will discuss the main points of economic thought and analysis that have been developed by several economists, including for more than four centuries connect. Topics discussed included Pre-Classical Economics, Classic, Marxism/Socialism; Neoclassical (Marginalism); Chamberlin and Robinson; Keynes; Institutionalism; Monetarism and Rational Expectations, and economics mathematics and empiricism. After attending this course, students are expected to have a frame of mind to form an economic thought.

Prerequisite: none



This course aims to study the principles of a financial asset valuation company. The material studied includes cash flow valuation, bonds, stocks and derivative assets with appropriate methods. After taking this course, students are expected to be able to understand and explain the meaning and role of valuation in financial aspects, understand and explain the importance of valuing assets in financial aspects, understanding and explaining the role of information in security price fluctuations, understand and explain how value a contract and the price of a security that promises to provide cash flow with certainty, understanding how bond prices and yields change over time, explain the theory and application of the discounted cash flow valuation method applied in the company’s equity valuation, describes how the dividend policy companies influence shareholder welfare, understand and apply how to determine the premium on options and futures, and know the investment strategy of assets finance

Precondition: Financial Economics



This subject aims to provide a view from a public policy perspective related to making regulations for public goods. It focuses on regulations decision-making for public utilities and their relation to economic development processes in Indonesia. This course will discuss more empirical cases as an analysis material for regulation-making. After following the lecture, students are expected to make an appropriate regulation for efficient public utilities.

Precondition: Public Economics




This course aims to provide an expansion of monetary economy material has been obtained in the course of banking and financial institutions and monetary economics, especially about the monetary authority. This course discusses the Central Bank role as the monetary authority in monetary policy and the financial system, policy implications of Central Bank, the specific functions of the Central Bank, and the practice of the Central Bank activities in Indonesia. After taking this course, students can analyze various monetary policies related to the central bank’s monetary authority role in a scientific paper.

Precondition: Monetary Economics



This course aims to expand material and specific material development economics topics that had previously been obtained in economics courses development. This course discusses specific topics of development problems, especially in developing countries, through studies of national and international journals, which is relevant. This course also discusses actual development problems using historical and actual data. After attending this course, students are expected to be able to analyze the factors that influence development in developing countries, especially in Indonesia, using historical and actual data

Precondition: Economics Development



This course aims to provide an expansion of financial economy material previously obtained in financial economics courses. This course discusses various special financial economics topics using relevant paper to the case in Indonesia. Material which is will be discussed covering the latest and previous financial special topics that have been studied in financial economics courses. After following this course, students can analyze the factors that influence conditions and empirical corporate financial risk.

Precondition: Financial Economics

Course Descriptions