This course offers the students a broad perspective of the major fields and basic concepts in modern Economics using graphs, equations, and marginal measures. Topics for discussion include demand and supply analysis, market equilibrium and relationships among macroeconomic variables. Students learn how to measure the Gross National Product (GNP) and the use of fiscal, monetary, and trade policies as instruments for national development and stability. Other topics include land reform and taxation and how different systems of economic policy affect the general welfare.

 

 

Karl E. Case and Ray C. Fair. Principles of Economics. Prentice Hall International, Inc.

Mankiw, Gregory N. Principles of Economics. 4^th Edition Singapore: Thomson Learning Edition, 2007

 

At the end of the course, the students will be able to:

1.    explain basic concepts in micro and macroeconomic principles;

2.    identify and discuss economic indicators used in analyzing the performance of the economy, use these indicators to understand and appreciate the Philippine economy, its policies and programs of the government; and

3.    use graphs, charts, and other economic analytical tools in written expositions and reports.

 

 

 

 

The student’s responsibility is to come to each class prepared. She is also expected to take all examinations on the date scheduled. She should read the assigned problems prior to class. She is expected to attend each class and participate actively in the discussions.

 

All students are expected to be academically honest. Cheating, lying and other forms of  unethical behavior will not be tolerated. Any student found guilty of cheating in examinations or plagiarism in submitted course requirements will receive an F or failure either in the course requirement or in the course. Plagiarism refers to the use of books, notes or other intellectual property without giving proper attribution to its author, or representing the work of another person as one’s own;  Cheating refers to securing help in a test; copying tests, assignments, reports or term papers; collaborating with other students during an examination or in preparing academic work; signing another student’s name on an attendance sheet; or otherwise practicing scholastic dishonesty.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assignments/Seatwork                       10%

Active Class Participation                  10%

Preliminary Examination                   25%

Quizzes                                              20%

Final Examination                             35%