| Subject Code |
Subject Description |
| ECON1-02 |
Basic Economics & Agrarian Reform (3units)
This course introduces the students to the basic economic principles essential in the understanding of a nation's economic system, its growth and development. Basic concepts such as consumption, money and investment, inflation, interest rates, taxation, comprehensive agrarian reform program, etc. along with the other policies affecting aggregate production and income are discussed. Simple graphical and mathematical tools are used in the study and analysis of economic data. |
| ECON2 |
Basic Microeconomics (3units)
Pre-requisite: ECON1-02
This course introduces the students to the principles of microeconomics. Its emphasis is on the principles underlying the rational behavior of the basic units of the market, price determination and profit maximization for the firm and optimization of satisfaction for the consumer. Concepts and theories are presented and analyzed in their graphical and mathematical form. |
| ECON3 |
Basic Macroeconomics (3units)
Pre-requisite: ECON2
This course introduces the students to the basic knowledge of the economy in its totality. It is mainly concerned with income, savings, investment and government participation through taxation and spending. |
| ECON204 |
History Of Economic Thought (3units)
This course presents a survey of the origin and development of economic ideas and theories from the ancient to the present. The leading economic thinkers of each period shall be assessed and analyzed in connection to contemporary thoughts. |
| ECON205 |
Mathematical Economics (3units)
Pre-requisite: ECON3
This course is concerned with the application of mathematics particularly calculus in economics analysis. The covered topics are mathematical functions, differentiation, higher order, integration and matrix algebra. |
| ECON206 |
Economic Development (3units)
This course presents the whys and wherefores of progress, the interaction of various economic, socio-political and cultural aspects that determine the nature and extent of economic development. With different theoretical frameworks of development, issues about the causes and cures of poverty, comparison between or among poor and developed nations, employment and equity shall be discussed. Models of development in Asia shall also be given due emphasis |
| ECON307 |
Advanced Microeconomics (3units)
This course offers a more detailed and in-depth analysis of the behavior of the consumers and the firms. Marginal concepts, types of markets, special topics and cases shall be used as bases for decision making to reinforce the application of microeconomics theories. |
| ECON308 |
Advanced Macroeconomics (3units)
This course provides an aggregate view of the economy as a system of interrelated elements: national income and output, money and interest, prices, wage and employment, foreign trade, etc. The general comparative status and equilibrium analysis are used along with the various growth models. |
| ECON309 |
Econometrics (with computer application) (3units)
The course deals with the application of mathematical and statistical techniques for economic research. Economic models are tested and used for estimation and forecasting of eco phenomena. |
| ECON310 |
Monetary Theory & Policy & Public Finance (3units)
This introduces the students to principles, nature and process of monetary and fiscal policy formulation and the appraisal of policies vis-a-vis their goals and socio-economic-political environment. Interrelationships and interactions of the different policies such as fiscal, monetary and even commercial trade policies as they affect overall economic development shall be discussed. |
| ECON311 |
Managerial Economics (3units)
This is a practical application of microeconomics theories in decision making within a business organization using quantitative tools of economic analysis. It equips students with decision making tools such as capital budgeting and decision tree, and operations research. Actual business cases representing different aspects of managerial economics shall be presented and analysed by groups of students. |
| ECON312 |
Labor Economics (3units)
This course presents and studies the Philippine labor problems in the context of the social, political economic conditions of the country. It touches on the causes and solutions to the problems, analyses labor theories, and highlights important provisions in the Labor Code. Likewise, unionsm, labor legislation and current labor problems are also analyzed and discussed. |
| ECON313 |
International Economics (3units)
This provides the student with international trade theories underlying the patterns of trade and commercial policies. The dynamics of trade dealing with international finance covering the balance of payment and adjustment exchange rate determination and system, capital movements and problem of international liquidity constitute the whole semester of the course. |
| ECON ELEC1 |
Economics Elective I (3 units) |
| ECON ELEC2 |
Economics Elective II (3 units) |
