Course Code : BHM 2041/2043/2046

Course Title : Basic Economics, Accounting and Management

Course Status : Trimester 1 2009-2010

Stage : Degree

Credit Hours : 3

Prerequisite : Nil

Assessment : The assessment for this course will consist of marks as follows:

Tests 50 %
Final examination 50 %
Total 100 %

COURSE SYPNOSIS:

This is a servicing subject to non-management students so that they can have basic knowledge of accounting, economics and
management.

COURSE OBJECTIVES:

a) To explain and describe the principles of economics pertaining to their job.

b) To explain and describe how economics impacts planning and decision-making at the workplace
c) To explain and describe the principles of finance, costing and managements accounting
d) To explain and describe the basic dimensions of management, with specific emphasis on leadership, motivation and
communication
e) To explain and describe the basics of project management
f) To describe the specific functions of the various key activities in human

LECTURES SCHEDULE

Week Week Lecture Topics Readings

No. Begin
Chapter Page

1-2 15/06/09 Theories of management 9 - 10 110 - 149

• Overview of the key management principles, namely planning, organizing,
leading and controlling
• Specific emphasis on leadership, motivation and communication

3 29/06/09 Project management 11 150 - 164

• Project implementation, scheduling, network analysis, budgetary control,
project evaluation, construction and commissioning of projects

4 06/07/09 Internet and Intranet in HRM Lecture note

• Job placement and search services on Internet
• Internet for recruitment
• Head-hunting and interview over the Internet.
• How Intranet helps HRM

5-6 13/07/09 Costing and finance 4 and 7 46 – 53

• Introduction to financial and management accounting and
• Marginal or direct costing 82 – 97
 • Stock evaluation
• Cost of making a product
• Costing for labour and other costing decisions

7 27/07/07 Management accounting 5 and 6 54 - 81

• Basic accounting concepts and pratices
• Reporting results
• Difference between budget and forecasts
• Basic income statement, balance sheet and cash flow

03/08/09 Mid Trimester Break

8 10/08/09 Management accounting (continued) 5 and 6 54 - 81

• Basic accounting concepts and practices
• Reporting results
• Difference between budget and forecasts
• Basic income statement, balance sheet and cash flow

9 - 10 17/08/09 An introduction to economic theory 3 3 - 18

• Introduction of basic economic concepts
• The principles of economic valuation and national government policies

11 - 12 31/08/09* Economics planning and control 3 31 - 43

• Resource allocation, budgeting, estimation of expenditure
• Capital investment
• Control of costs and finance

* National Day (Public holiday)

13 - 14 14/09/09 Revision weeks

Text book:

Shanmugan, B., Subramaniam, I. D. & Mudiarasan, V. K. (2007); Introduction to Economics, Accounting and Management; Insight
Network Sdn. Bhd.

Reference Books:

Wood & Sangster (2008); Business Accounting 1; 11th ed.; Prentice Hall

TESTS SCHEDULE:

Mid-term test – Date and venue to be announced later

LECTURERS:

Dr. Arnifa Hj Asmawi (Coordinator)

Room: 3006, Level 3, FOM Block
Tel: 03 – 8312 5856
Email: arnifa.asmawi@mmu.edu.my

Hamsatulazura Hamzah
Room: 3004, Level 3, FOM Block
Tel: 03 - 8312 5853
Email: hamsatulazura.hamzah@mmu.edu.my

Mohammad Nurul Huda Mazumder

Room: 3010, Level 3, FOM Block
Tel: 03 – 8312 5691
Email: mohammad@mmu.edu.my