Indonesian Economy Syllabus: Universitas Indonesia

Syllabus
[ECON12003] Indonesian Economy
Odd Semester 2013/2014 Credit: 3
Prerequisite: None

Lecturers:

Zahra Kemala Nindita Murad, M.A. [coordinator]
Master in Planning and Public Policy (MPKP) [e-mail] 087883958041 (mobile)
[phone],3925313 (office)

Padang Wicaksono, Ph.D. Surjadi, M.A.
Demographic Institute (LD) Institute for Economic and Social Research (LPEM) [e-mail] [e-mail]
081584355097 (mobile), 08158846021 (mobile)
[phone] (office) [phone] (office)

Nuzul Achjar, Ph.D.
Department of Economics FEUI [e-mail] 0811927140 (mobile)

I Dewa Gede Karma Wisana, M.Sc
Demographic Institute (LD) [e-mail] 081385697973 (mobile), [phone] (office)

Prof. Lepi T. Tarmidi, Ph.D.
Institute for Economic and Social Research (LPEM) [e-mail] [phone] (office)

Subject Description

This is designed to give a comprehensive understanding about Indonesian economy. The topics will be ranged from macroeconomic account, economic transformation, and some specific sectoral issues in Indonesian economy. The student should understand Indonesian economy through the data by exploring the concepts and data of macroeconomic accounts in Indonesia. Economic transformation will give a brief understanding of the process accumulation, allocation, and distribution of Indonesian economy during the Indonesian economic development. Some specific sectoral issues problems and policies will be delivered to give a better understanding on the indonesian economy from multi perspectives.

Subject objectives

The objectives of this class are:
To help the students in understanding Indonesian economy, especially from macroeconomic account data
To help the students in understanding the problems of Indonesian economy from the past, current situation, and the future
To help the student in understanding the Indonesian economic policy.

In Term of cognitive skills, by studying this subject, the students will improve the ability to explain an argument logically, such as why the current account deficit sometimes does not have to be the problem of the economy to analyse and and synthesize different ideas and theories, such as the international trade transformation could be from the interaction between the accumulation that change the comparative advantage in production and allocation process that increase the share of production of manufactured goods in the economy . to apply theories to the real world, such as student should have capability in using the circular flow to measure GDP in the Indonesia data.

In addition the students will improve: technical skills & analytical skills

Generic Skills to be Developed
Intensity Level

Low
Moderate
High
Evaluation of ideas, views, and evidence
X

Synthesis of ideas, views, and evidence

X
Strategic thinking

X

Critical thinking

X

Application of theory to policy

X
Assessing of data and other information

X
Summarize and interpretation of information

X
Application of office software
X

Statistical reason

X

Problem solving skills
X

Collaborative learning and teamwork
X

Negotiation and bargaining
X

Written communication

X

Oral communication

X

Case analysis

X

subject materials

References Basri, Faisal dan Munandar, Haris (2009) Lanskap Ekonomi Indonesia: Kajian dan Renungan terhadap Masalah-masalah Struktural, Transformasi Baru, dan Prospek Perekonomian Indonesia, Jakarta: Kencana Prenada Media Group, or Basri (2009)
Bulletin of Indonesian Economic Studies, Australian National University, Canberra, Australia.
Economics and Finance in Indonesia, LPEM-FEUI. Hera Susanti, M. Ikhsan, Widyanti, Indikator-Indikator Makroekonomi, edisi ke-2, Jakarta: Lembaga Penerbit FEUI, 2000.
Harvard Kennedy School Indonesia Program (2010), “From Reformasi to Institutional Transformation: A Strategic Assessment of Indonesia’s Prospect for Growth, Equity and Democratic Governance” or Harvard (2010) http://ash.harvard.edu/extension/ash/docs/indonesia.pdf Nota Keuangan (Financial Notes) various years or NK (www.fiskal.go.id )
Perkembangan Beberapa Indikator Utama Sosial-Ekonomi Indonesia (Trends of the Selected Socio-Economic Indicators of Indonesia) – (www.bps.go.id)
Statistik Ekonomi Keuangan Indonesia (Statistics of Indonesian Economy & Finance) or SEKI (www.bi.go.id)

Assessment

Final grade consists of:
a. Assignment (quiz, homework, etc) 20%
b. Mid-term exam 40%
c. Final exam 40% 100%

Classroom Organization one 150 minutes lecturer per week (total 14 weeks)
Examination

Teaching Method consists of:

Lecture
Yes
Class discussion
Yes
Individual project & paper
Yes

Teaching method and the way the subject conducted.

Two teaching methods will be used: (1) One way course delivery and (2) two-way exercise discussion. The one-way course delivery still needed because the lecturer should deliver most of the concepts and data. Students are expected to be active in the discussions about the subject in each class. Participation (both quality and quantity) is an important part of the grade.

Lecturer’S policy

Assignment could be given at anytime CLASS TIMETABLE

Session
Topic & subtopics
Reference
1
Introduction
-Syllabus explanation and general overview of Indonesian economy, Strength and weaknesses Basri (2009), Harvard (2010)
2,3,4
Macroeconomic Indicators:
-GDP distribution by industry and total, GNI, growth, constant vs current price, international $ (PPP), etc
-CPI, Inflation (MtM, YtD, YoY, etc)
-Labor forces participation rate, unemployment rate, etc BPS 2013
5
Structural Transformation: Accumulation Process, Allocation Process, Demographic Process, Income-Distribution Process
Chenery (1975), Anwar (1995)
6
Structural Transformation: Globalization and Innovation, Transformation from Natural Based Economy to Knowledge Based Economy

7
Structural Transformation: Micro financing, SMEs, entrepreneurship, investment regulation and business climate

Mid-term Exam

8
Fiscal Policies
Anatomy of APBN Before and During Decentralization, Fiscal Reformation in Indonesia, etc
NK
9
Monetary Policies
Anatomy of Banking and Monetary in Indonesia Before and During the Crises, Impact of Banking and Monetary Policy in Indonesia, The Role of OJK and BI
SEKI
10
Primary Sector Policies
The role of Agriculture and Mining in Indonesia, Problem and Policy in the Agriculture and Mining in Indonesia
Basri (2009), Harvard (2010)
11
Secondary Sector Policies
The role of industrial sector and international trade in Indonesia, Anatomy of BOP, Problems and Policy of Industrial sector and International Trade in Indonesia, Multilateral and regional trade agreement, competitiveness
Basri (2009), Harvard (2010)
12
Services Sector Policy
The role of Services and Trade Sector in Indonesia, Problems and Policy of Services and Trade Sector in Indonesia
Basri (2009), Harvard (2010)
13
Poverty: Concepts, Data & Policies

Basri (2009), Harvard (2010)
14
Human Capital Policies
Population and Employment in Indonesia, Employment Problem in Indonesia , Education Policy, etc
Basri (2009), Harvard (2010)

Final Exam

ATTENDANCE

Referring to the faculty regulation, the Program requires students to fulfill a minimum attendance of 80% to be eligible for the final exam. Thus, students should attend a minimum 8 out of 10 lecturing sessions and 6 out of 8 tutorial sessions.

EXAMINATION REGULATION

1. Students may use non-programmable calculators only.
2. Students may use the dictionary provided by the program only. Students should notify their exam supervisor(s) if they need it.
3. Students should not conduct any act of cheating during the examination. Students will automatically be graded E for the subject if they are caught cheating during the examination of the respective subject. In addition, students will be graded E for all other subjects taken during the particular semester, whose examinations have taken place prior to the cheated examination.
4. Deferred examination is only applicable if it is requested in written by the Program.

ORIGINALITY

Students should maintain originality and respect intellectual property rights. Therefore, students should avoid conducting any act of plagiarism when doing written assignments (if any), which may take a form of short individual / group paper and / or summary.

The followings are acts of plagiarism:
Copying paragraphs, sentences, a single sentence, or even a significant part of a sentence directly without enclosing them in quotation marks and appropriately footnoted;
Using and / or developing other’s ideas found in printed materials or film elsewhere without explicitly referencing them to the respective author or the source of the idea.

Plagiarism is a serious infringement of intellectual property rights. Any assignment that contains presumed plagiarism will be marked 0 (zero).

Since students are required to write group papers, students should sign a Statement of Authorship and attach it to their papers before paper submission. The form of Statement of Authorship is available at the Resource Center of the Program. Lecturer(s) and / or tutor(s) will refuse to mark any paper that has no signed Statement of Authorship attached.

In addition, students should ask for cover sheet from the Resource Center of the Program for any assignment submitted.

References: Hera Susanti, M. Ikhsan, Widyanti, Indikator-Indikator Makroekonomi, edisi ke-2, Jakarta: Lembaga Penerbit FEUI, 2000. Basri (2009), Harvard (2010) 2,3,4 Chenery (1975), Anwar (1995) 6 The role of Agriculture and Mining in Indonesia, Problem and Policy in the Agriculture and Mining in Indonesia Basri (2009), Harvard (2010) The role of industrial sector and international trade in Indonesia, Anatomy of BOP, Problems and Policy of Industrial sector and International Trade in Indonesia, Multilateral and regional trade agreement, competitiveness Basri (2009), Harvard (2010) The role of Services and Trade Sector in Indonesia, Problems and Policy of Services and Trade Sector in Indonesia Basri (2009), Harvard (2010) Basri (2009), Harvard (2010) 14