TOPIC 1 MALAYSIAN ECONOMY
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Master 2 concept : Economic growth
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- Positive Charges
- Socio-economic changes
- Human capital development
- Infrastructure development
- Regional competitiveness
- Environment sustainability
- Poverty reduction
- Equitable income distribution
- Enhanced healthcare
- Improved safety
- Literacy development
- Social amenities
- Technological changes
- Technological development
- Innovation
- Research
- Other initiatives
- Economic Development Goals
- Improve in per capita income
- Quality of life improvement
- Poverty reduction
- Income distribution equality
- Reduced imbalanced in regions
development
- Reduced imbalanced between
traditional & modern sectors
- Improved basic needs
- Food
- Clothing
- Shelter
- Solved environmental problems
- Indicator of Economic
Development
- Rise in standard of living
- Improved social & economic
condition
- Improved employment opportunity
- Rise in productivity
- Acquisition of knowledge
- Improvement in GDP per capita
- Increase in literacy rate
- Improved healthcare
- Long life expectancy
- Health services improvement
- Sustainable development
- Environmental conservation
- Resources preservation for future
- Abundance future resources
- Balanced development
- Better income distribution
- Poverty reduction
- Balanced peninsular & east
Malaysia development
- Long term environmental
implication

- Economic Development Effects
- Economic problem
- Income inequality
- Social problem

- Islamic Economic Development
- Objectives
- Achieve Falah
- Equal Opportunities
- Aspect in Islamic
- The divine & its creation
- The material & spiritual need of
human being
- Concept of economic
development
- Tauhid
- Rububiyyah
- Khalifah
- Dimensions of Islamic Economic
development
- Spiritual
- Moral & ethical
- Technological dimension
- Social
- Environmental & physical
- Negative Impacts of Islamic
Economic Development
- Environmental degradation
- Moral & social problems
- Poverty & unequal income
distribution

- Economic Structures
- Primary sectors
- Secondary sectors
- Tertiary sectors
- Factors Contributingto
Malaysian's Structure Changes
- Changes in economic policy &
structural changes
- Unstable agricultural prices in
iternational market
- Industrial sector ability to absorb
manpower & solve unemployment
- Availability of resources for
industrial sector
- Structural Changes Implications
- Increased in GDP & reduced
poverty level
- Reduced dependency on primary
sector
- Migration from rural to urban area
- Changes in country's foreign sector

- Conventional
- Materialism
- Islamic
- Islamic Beliefs

- Factors Contributing
- Abundant natural resources
- Newly-industrialized & diverse market
economy
- Young, educated & skillful labor force
- Infrastructure & efficient economy
organization
- Inward investment level
- Labor mobility
- Saving levels
- Corruption levels
- Political & social stability