Principles of Economics With TLR
Principles of Economics With TLR
Principles of Economics With TLR
Naga City
4th Floor Monzon Bldg. Cor. Arana & Elias Angeles St. Naga City
Second Semester 2013-2014
I.
Course Code
II.
Course Title
III.
Course Credit
3 units
IV.
Course Description
This course provides a comprehensive coverage of all major topics in economics. Attention is given to establish students
understanding of key economic principles with particular emphasis on the Phil. Economic system, its growth and
development. The course covers the foundation of economics, demand and supply analysis, the concept of elasticity, the
theory of production and the fundamental concept of micro and macroeconomics with the use of simple graphical and
mathematical illustration. Likewise, the course involves topics on taxation and agrarian reform with discussion on issues and
problems related to its implementation.
V.
Course Rationale
Students are provided with clear exposition and analysis of the principles of economics, focusing on the core theories and
applications of the subject. Thus, attention is given to establish students understanding of key economic principles, and
then illustrate each of these principles with relevant applications.
VI.
Course Objectives
A. General Objective
: At the end of the course, the students are expected to have appreciated the fundamental concepts of economics, and its
application not only to a broader treatment, but also to personal exploits as well, performed task based on the fundamentals of
economics and have related the basic economics concepts in view of the current economic problems.
B. Specific Objectives
1. Cognitive
2. Affective
Utilizes appropriate economic concepts and principles in evaluating economic problems, issues and other related
economic concerns
Appreciate the importance of economics as an indispensable tool for their course.
3. Psychomotor
Subject Matter
Values
Integrated
Teaching
Method
Instructional
Materials
Evaluation
Time
Frame
Expected
Output
Orientation
Sociability
Cooperation
Compliance
Discussion
Whiteboard marker
OHP
Acetates
Observation
First
Session
Internalize the
classroom
policies.
Discuss the
foundation of
economics.
Nature of Economics
Definition of Economics
Economic Structure
Branches of Economics
Economic Activities
Economics Systems
Circular flow of economic
activities
Production possibilities
curve
Efficient resource
allocation
Appreciation
Lectures/discus
sion
Question &
answer
Reference books
Textbooks
Books / Visual Aids
Quiz and
Recitation
Homework
Participate in the
discussion of
foundations of
economics.
Analyze the
concepts of
demand and
supply.
Patience
Compromise
Accuracy and
carefulness
Lectures
Discussion
Graphical
illustration
Mathematical
Computations
Reference books
Graphical
Illustrations
Problem solving
Exercises
Quiz and
recitation
3rd &4th
weeks
Identify the
difference
between demand
and supply.
Attentiveness,
carefulness, and
accuracy
Lectures
Problem
Solving
Board works
Reference books/
textbooks
Board work,
seatwork, quiz
and recitation
Compute the
percentage
response of
buyers and sellers
Compute the
equilibrium
price and
quantity.
Analyze the
changes in
demand and
supply
Discuss the
concepts of
elasticity and its
application and
Function
Schedule
Curves
Determinants
Definition
Set work
Board work
Discussion
Types
Formula and computation
to price changes.
Interpret the
results of
elasticity
Explain how
business
attains profit or
losses through
economic
viewpoint.
Graph the
different
outputs and
determine the
stages of
production.
Link the
behavior of
production
through its cost.
Community
Service
Integration
Enable the
students to
utilize
resources
wisely and
economically
for sustainable
future Apply the
knowledge
acquired by the
students to
adopted
community.
Production Cost
Relationships
Definition of terms
Formula and computation
of products
Law of Diminishing
Returns
Stages of Production
Lectures
Graphical
Illustration
Reference books/
textbooks
OHP
Quiz, board
work, graphical
representation
Honesty
Sense of
appreciation
Lecture/
discussion
Reference books/
textbooks
Quiz, board
work, recitation
9th week
Wise use of
resources
Graphical
Illustrations
Reference books/
textbook
Recitation
10th week
Awareness of
students on the
utilization of
resources for
economic
development and
growth
Accuracy
Patience
Values of fairness
and integrity
Introduce the
measurement
of economic
performance
Board Work
OHP
Long Quiz
Recitation, board
work, quiz
13th week
Enthusiastic to
compute the
aggregate supply
and demand and
relate it to the real
economic
situation of the
country.
MIDTERM EXAMINATION
Explain the
different
approaches
and
components of
GNP
accounting
Importance of
linkage
Discussion/
Question &
answer
Promote
genuine human
development at
the center of
socio-economic
change and
depression.
Unemployment and
inflation
Definition
Types
Causes and effect
Productivity and
economic equity
Lectures
Computation
Problem
Solving
Reference books
OHP
14th week
Determination of
socio-economic
solutions to
unemployment
problems and
curbing inflation.
Introduce the
concepts of
taxation
Perseverance
Importance of
GNP to economic
performance
Lecture and
group dynamic
Reference books
OHP
Exercises
15th Week
Recognize the
importance of
taxation in the
operation of
government and
the economy.
Discuss the
general
information
about Philippine
monetary
system.
Monetary Policies
Define money and its
characteristics
Concepts
Government Programs
Honesty
Sense of
Appreciation
Lectures
Reporting and
discussion
Reference books
Exercises
Recitation
16th week
Submit a reaction
paper about the
Philippine
monetary system.
Community
Service
Agrarian Reform
Honesty
Integrity
Lectures
Discussion
Reference books
Quiz / Recitation
17th week
Internalize the
significance of
Importance of
linkage
Integration
To enable the
students to
analyze the
problems,
prospects of
agrarian reform
as a tool for
economic
development
for the adopted
community.
Definition
Concepts
Problems
Prospects and issues
CARP
Basic Provisions
Values of fairness
Independence
Self Reliance
Lecture/
Discussion
Computation
Recitation
Books
Handouts
Newspapers
Recitation
Discussion
18th week
FINAL EXAMINATION
IX.
References:
Main References:
Other References:
agrarian reform
program as the
backbone of
economic
recovery.
Approved y:
MS. AILEEN A.BELO (AAC)
Academic Affairs Coordinator
Noted by:
IRWIN S. NACIANCENO
School Administrator