ASSIGNMENT

DIPLOMA IN BUSINESS MANAGEMENT

1) Jayakumar A/L Gunachandran
Student Name
2) Mahaletchumy A/P Thana Raj
1) DBM 231222-0327
ID Number
2) DBM 110922-1806
Subject Name MACROECONOMICS
Subject Code BM110
Lecturer Name Madam Hidayuh
Submitted
Due Date 13th JUNE 2023
Date

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Hereby confirm that this assignment is my own work and not copied or plagiarized from any
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 ASSIGNMENT ASSESSMENT SHEET

SECTION A (TO BE COMPLETED BY THE STUDENT)

1)Jayakumar A/L Gunachandran

STUDENT NAME : 2) Mahaletchumy A/P Thana Raj
1)DBM 231222-0327
1) 041117-01-0327
IC NO : ID NO : 2) DBM 110922-1806
2) 041008-01-1806
COURSE : DIPLOMA IN BUSINESS MANAGEMENT (DBM)

SUBJECT NAME : MACROECONOMICS

SECTION B (TO BE COMPLETED BY THE LECTURER)

ASSESSMENT CRITERIA VERY POOR POOR AVERAGE GOOD EXCELLENT

How well did the work

introduced the issue of 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
discussion
How well was the issue
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
analyzed
How well was the evidence(s)
used to support the issue of 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
discussion
How well did the work draw
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
conclusions
How error-free was the writing 1 2 3 4 5 6 7 8 9 10

How organized was the

1 2 3 4 5 6 7 8 9 10
document formatting
How unique was the issue of
1 2 3 4 5 6 7 8 9 10
discussion
How relevant was the issue of
1 2 3 4 5 6 7 8 9 10
discussion

TOTAL 100

ACTUAL WEIGHTAGE (%)

*This is an indicative mark-all marks are subject to the appropriate assessment board and this mark may change
 ASSIGNMENT ASSESSMENT FEEDBACK

SECTION A (TO BE COMPLETED BY THE STUDENT)

1)Jayakumar A/L Gunachandran

STUDENT NAME : 2) Mahaletchumy A/P Thana Raj
1) 041117-01-0327 1)DBM 231222-0327
IC NO : 2) 041008-01-1806 ID NO : 2) DBM 110922-1806
COURSE : DIPLOMA IN BUSINESS MANAGEMENT (DBM)
SUBJECT NAME : MACROECONOMICS

SECTION B (TO BE COMPLETED BY THE LECTURER)

Good practice demonstrated / Good points about this piece of work:

Aspect to consider for improvement:

General comments:

Lecturer’s Name : Madam Hidayuh Signature :

 METROPOINT COLLEGE

DIPLOMA IN BUSINESS MANAGEMENT

(A8603)

MACROECONOMICS
(BM110)

TITLE:
MACROECOOMICS ISSUE IN MALAYSIA

PREPARED BY:
MAHALETCHUMY
JAYAKUMAR

PREPARED FOR :
MADAM HIDAYUH

SUBMISSION DATE:
13th JUNE 2023
 Catalog
1.0 Summarize The Article...............................................................................................................6

2.0 Macroeconomic Issue.................................................................................................................7

3.0 Impacts Of The Malaysian Economy Issue................................................................................8

3.1 Advantages.............................................................................................................................8

3.2 Disadvantages.........................................................................................................................8

3.3 Challenges...............................................................................................................................8
 1.0 Summarize The Article

The article, which was issued on February 23, 2023, claims that the Malaysian economy
recovered in 2022 despite hard times created on by the COVID-19 pandemic and the global
financial crisis in the world economy. Malaysia's economy increased by 4.3% in 2022, led by
rising government and consumption, as well as a rebound in exports.

The Malaysian economy increased at a rate of 5.6% in the fourth quarter of 2022
compared to the same quarter in 2021. The manufacturing and construction industries both did
well and helped the overall growing.

According to the Rajiv Biswas , Malaysian government attempts to stimulate the economy
via different measures, such as fiscal expenditure and monetary policies, have been successful in
supporting the economy's recovery.

The article declares that the Malaysian economy performed well in 2022 and the upward
growth was expected to continue in 2023. The country's economic prospects are also built up by
its diversified economy and strong fundamentals. However, the report points out that the country
may still experience external issues such as global economic situations and geopolitical
instability.

In overall, the article describes the Malaysian economy's good performance in 2022,
which will be caused by more private consumption, government expenditure, and a rebound in
exports. Construction and manufacturing industries, as well as government stimulus measures,
support growth. According to the article, Malaysia's economy will continue to rise in 2023,
although external factors could pose difficulties to this improvements.
2.0 Macroeconomic Issue

The article is an example of a macroeconomic issue, especially Malaysia's economic

growth. Macroeconomics has to do with the overall condition of the economy as a whole,
including problems with economic expansion, inflation, unemployment, and international trade.

Economic growth is an increase in the country's output of both goods and services. The
Gross Domestic Product (GDP) change over a specific time period is often used to quantify it.
According to the article, Malaysia's GDP increased by 4.3% in 2022, proving growth in
economy.

The neoclassical growth theory is one such theory, which is that technological
developments and increases in the factors of production, such as workers and capital, are what
eventually lead economic expansion. Economic development may be sustained, according to this
idea, by increasing the savings rate, increasing investment in physical and human capital, and
promoting technological advancement.

The endogenous growth theory is another theory that deals with economic growth and
claims that progress in technology is not exogenous to the economy but rather endogenous. To
put it another way, investments in research and development, training, and entrepreneurship are
what stimulate progress in technology. By investing in these factors, a country may increase its
long-term economic growth, according to this theory.

A popular method of showing economic progress is the graph of the GDP growth rate.
This graph below shows the percentage change in the GDP over the years, usually on a quarterly
or yearly basis. On the graph, a positive slope refers to economic expansion, whereas a negative
slope refers to economic contraction.

GRAFT

In conclusion, this article can be an illustration of a macroeconomic problem that relates

to economic growth that may be analysed using theories like the endogenous growth theory and
the neoclassical growth theory. A popular method for showing economic progress is the graph of
GDP growth rate.
3.0 Impacts Of The Malaysian Economy Issue

Despite the challenges that were caused the COVID-19 pandemic and the general
slowdown in the world economy, the article claims that Malaysia's economy recovered in 2022,
with a GDP growth rate of 4.3%. The increase in government and private consumption, a
rebound in exports, and strong performances from the manufacturing and construction sectors
were the primary reasons for of the expansion.

This issue's effects on the Malaysian economy can be examined in terms of advantages,
disadvantages, and challenges.

3.1 Advantages:

 Economic activity has to increased: Increased economic activity may result into greater
employment possibilities and more consumer confidence, as indicated by the growth in GDP.

 Investor sentiment improved: Economic growth could increase investor confidence and pull
investment, causing even more development.

3.2 Disadvantages:

 Financial pressure: An economy that is growing could observe an increase in demand for
products and services, which might result in price increases and inflationary pressure.

 Environmental impacts: Increased economic activity could affect the environment by

increasing pollution and depleting resources.

3.3 Challenges:

 External factors: External factors such as global economic situations and geopolitical
tension may continue to bring issues to Malaysia's economy.

 Structure issues: Malaysia's economy may have structural problems that limit its long-term
growth potential, such as a lack of investment in education and infrastructure.
 In summary, the Malaysian economy's recovery in 2022 provides advantages such as
higher economic activity and improved investor sentiment. However, in order to maintain
economic growth and development, there are also potential disadvantages like inflationary
pressure and environmental impact, as well as challenges like external factors, structural
problems, and concerns that need to be handled.