holy angel university school of arts and …...1 1 holy angel university school of arts and sciences...

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HOLY ANGEL UNIVERSITY School of Arts and Sciences

General Education Department

COURSE OUTLINE: 4PRINECO Faculty: 1st Semester, SY 2018-2019 Holy Angel University VM

Vision: To become a role-model catalyst for countryside development and one of the most influential, best-managed Catholic universities in the Asia-Pacific region.

Mission: To offer accessible quality education that transforms students into persons of conscience, competence and compassion. School of Arts and Sciences VM Vision: To serve as an avenue for developing students' learning competencies within and across the many disciplines of human inquiry, particularly in mass media and psychology, attaining excellence in instruction, research and community development. Mission: To produce professionally competent, morally upright, socially responsive and spiritually mature persons through holistic and trans formative liberal education Core Values:

1. We embody Christ-Centeredness. 2. We reflect Integrity. 3. We exemplify Excellence. 4. We are a community. 5. We engage with Societal Responsibility.

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I. Course Description:

This is an introductory course designed to provide an overview of the basic concepts, principles and theories in Economics. It covers the two main branches of Economics, namely, microeconomics and macroeconomics. It equips students with the tools of economic analysis necessary in understand-ing everyday economic problems and issues that individuals, business groups and society in general deal with.

II. Course Credit: 3 Units III. Prerequisite: NONE IV. Textbook: Manapat , C.L. & Pedrosa, F.R. (2014). Economics, Taxation and Land Reform. Quezon City : C & E Publishing V. Requirement: Quizzes, Recitations, case studies, reflection and response papers, in-classwork, group activities, service learning, research paper

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COURSE OUTLINE:

Time Frame Week/Hours

Intended Learn-ing Outcomes

Course Learning Outcomes

Course Content Core Values Sub-Values

Learning Activ-ities

Assessment

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Week 1 To explain the class rule and course require-ments to that the students will be guided accord-ingly.

To provide the students with proper guidelines that they will use as basis of their grade.

To introduce the outline of the course so as the students would have an all-en-compassing un-derstanding of the coverage of the subject.

CLO 2 CLO 6 CLO 7

Course policies exams, grading system, books and reading materials/ references, assignments, projects and group tasks Studying strategies and time management

Integrity • Transparency

Interactive discussion of classroom rules and expectations Group dynamics on students expectations on the course/subject, on the teacher and on other students

Course outline presented and furnished to students Group written output

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Week 2 To define eco-nomics as a sci-ence and make students learn how it developed as a distinct dis-cipline. To discuss the relevance of un-derstanding eco-nomic concepts for the improve-ment of their lives.

CLO 1

CLO 2

Economics as a science -Meaning -History -Importance

Excellence • Competence • Analytical • Logical

-lecture -question and answer -brainstorming and debate on “current economic issues” e.g. Economics of Phil Politics , jueteng, OFWS -Seatwork/ exercises

Comparative matrix on Economics as a Science Types of economic analysis Inventory of current issues

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Week 3 To identify the various eco-nomic resources needed in by an economy. To recognize economic wants from needs. To differentiate the various eco-nomic systems from agrarian to mixed economy. To explain why the issue of scar-city and unlim-ited human needs are the main focus of economics.

CLO 1

CLO 2

CLO 2

CLO 2

-Economic resources -Economic wants, needs, problems -Economic systems -Scarcity and opportunity costs

Excellence • Logical • Competence • Analytical

-lecture -question and answer -brainstorming and debate on “current economic issues” e.g. Economics of Phil Politics, jueteng, OFWS -Seatwork/ exercises

Comparative matrix on Opportunity cost and trade-off Inventory of current issues

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Week 4, 5 & 6 To expound on the concepts of demand and supply. To analyze what happens during marker equilib-rium. To explain how consumers’ choices are af-fected by price elasticity.

CLO 1 CLO 3 CLO 1 CLO3 CLO 1 CLO 3

-Demand and Supply (3hrs)

A. Law of Demand B. Demand Schedule and Curve C. Determinants of demand

(3hrs) D. Law of Supply E. Supply Schedule and Curve F. Determinants of Supply

(3hrs) G. Concept of Market Equilibrium H. Shifts and Movement in the Demand and Supply Curve

I. Price Elasticity of Demand & Supply

J. Types of Elasticity

Excellence • Analytical • Logical • Competence • Efficient

Lecture Discussion Exercises Assignments Group Dynamics

Given some problem sets students would be able to identify, differentiate and graph supply, demand and market behavior Given some problem sets students would be able to compute and determine the price elasticity

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Week 7 To define the concept of eco-nomic competi-tion. To identify situa-tions when com-petition is pre-sent of not and who affects it.

CLO 1 CLO 1 CLO 4

A. Markets & Competi-

tion


Lecture Discussion Exercises Assignments Group Dynamics -Let the class answer the following question: “How effective is the market system in determining prices?”

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Week 8 To differentiate the various mar-ket structures in the economy and how they affect the distribution and availability of goods and ser-vices for the con-sumers.

CLO 1 CLO 4

A. Types of Market Structures


- Question and answer - Deepen the discussion by allowing the students to describe and assess the market features of a local industry that specializes in the distribution of water. -End with a synthesis.

-Administer a 30-point test on the different types of market structures. - Case studies/In-depth research on the market structure reforms in the Philippines; for example, in the telecommunication sector, food and beverage, and medicine industry.

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Week 9 To illustrate the circular flow of economic pro-duction in the mi-cro level.

CLO 4 A. The Circular Flow of Goods and Ser-vices and Money


-The circular flow model is presented and discussed through an input discussion. - “How does the demand side of economics differ from the supply side in measuring the total output of the economy?” - Sharing and processing of responses. - End with a synthesis.

-Students will be asked to interpret the circular flow model working cooperatively in groups. -Tests and examinations -Research investigation and articulation in class

MIDTERM EXAMINATION

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Wk 10-11 To differentiate GNP from GDP. To distinguish the various com-ponents of the national in-comes. To learn how to compute GDP/DNP based on the three na-tional ap-proaches.

CLO 6 CLO 9 CLO 9 CLO 9

A. National Income Analysis [Gross Na-tional Product (GNP) & Gross Domestic Product (GDP) ]

B. Methods of Measur-ing GNP


-lecture -question and answer -brainstorming analysis on reasons for increase in GDP/GNP e.g. Economics -Seatwork/ exercises

-Begin by presenting the economy’s GNP in the last five years. - Graph analysis -Demonstrate or illustrate the different methods in computing GNP/GDP. - Board exercises -Analysis and synthesis.

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Week 12 To discuss the concept of labor and employment. To review the current issues the country is facing today in terms of employ-ment.

CLO 2 CLO 2

A. Labor B. Labor Problems C. Underemployment

Excellence • Analytical • Logical • Competence • Efficient Societal Responsibility • Proactiveness • Involvement Community • Conflict

Management

-lecture -question and answer -brainstorming and debate on “reasons why many Filipinos are still unemployed” -Seatwork/ exercises

Begin by presenting the economy’s employment rates in the last five years. - analysis of the labor sectors -Demonstrate or illustrate the different labor groups in the country -Analysis and synthesis

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Week 13 To clarify the concept of infla-tion and its two kinds. To form con-sciousnesses re-garding what fac-tors cause the surge of inflation in the country es-pecially in the re-cent years.


A. Inflation

B. Cost Push Inlfation and De-mand Pull Infla-tion

C. Inflation in the Philippines

Excellence • Analytical • Logical • Competence • Efficient Societal Responsibility • Involvement • Commitment

Interactive discus-sion Think-Pair- Share Video/Film viewing Reflection paper Power point presen-tations Group dynamics Research paper

-Begin by presenting the economy’s Inflation rates in the last five years. - Graph analysis -Demonstrate or illustrate the different methods in analyzing inflation

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Week 14 To define money and its various forms. To recognize the various sources of money. To discuss the role of different banking institu-tions in the coun-try.

CLO 6 CLO 7 CLO 7

A. Money

B. History and Im-portance

C. Kinds of Money

A. Banking Institu-

tions


Lecture Powerpoint presen-tation Crossword puzzle

Begin by defining honey and its history. - Analyze what things are considered as money -Question and answer on their personal experiences in transaction with baks -End with a synthesis

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Week 15 To examine trade and global-ization. To elaborate on the various or-ganizations in-volved in interna-tional transac-tions. To visualize how the Philippines is affected by inter-national trade.

CLO 7 CLO 6 CLO 7

A. Fiscal and Trade Policy

B. Taxes, Tariffs and their Importance

C. Trade Policy and Globalization

D. WTO and GATT

Excellence • Analytical • Logical • Competence • Efficient Societal Responsibility • Involvement • Catalyst of

Change Community • Solidarity • Togetherness

Lecture Powerpoint presen-tation Case Study

Begin by defining trade and globalization. - Concept map of interrelations between countries in terms of trade. -Question and answer on how they are personally affected by international trade -End with a synthesis

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Wk 16 To explain the concept of taxa-tion, its legal ba-ses and rele-vance. To differentiate the purposes of the various na-tional taxes.


A. Tax B. Purpose of Taxa-

tion C. Legal Bases D. National Taxes E. Limitations of

Taxation


Lecture Power point presen-tation Case Study Research Group work/activities

-Begin with explaining why taxation is important for the country. Question and answer on their experiences of paying taxes. -analysis on how these taxes are being returned to the taxpayers. End with a synthesis

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Week 17 To discuss agrarian reform and its history in the country. To determine how agrarian re-form affects the citizens of the country.


A. Agrarian Reform B. History and Im-

portance C. Impact to the Fili-

pino People

Excellence • Analytical • Logical • Competence • Efficient Community • Conflict

Resolution • Care Societal Responsibility • Compassion • Commitment

Lecture Power point presen-tation Case Study Analysis of govern-ment data on recipi-ents of land.

Begin with explaining the history of land and agrarian reform. -analysis on the development of the laws on agrarian reform from various presidents. End with a synthesis presentation

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Wk 18 To expound the understanding of HDI. To see how the Philippines fared in terms of HDI. To propose measures to im-prove the coun-try’s HDI for the general welfare of the people.

CLO 6 CLO 6

Human Development Index (HDI)

Excellence • Analytical • Logical • Competence • Efficient Societal Responsibility • Commitment • Compassion • Involvement

Lecture Video/Film showing Power point presen-tation Case Study Research Group work/activities

Begin with explaining the meaning and history of HDI. -analysis on the factors of HDI. Brainstorming on the possible reasons why other countries are on top of the list and why the Philippines is just in its position. End with a synthesis

References:

Arcilla –Serapio, Ma.P.(2012). Economics , Land Reform and Taxation. Intramuros, Manila : Purelybooks Trading and Publishing Incorporated Bautista, C.M., et.al. (2013) Economics and Society. Quezon City: C & E Publishing inc.

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Bello, A.L., et.al. (2007) Economics: An Introduction. Quezon City: C & E Publishing, inc. Case , Karl E. (2007) An Introduction to Principles of Economics. Singapore : Pearson Publications Case , Karl E. (2012) Principles of Economics. Boston : Pearson Education Gabay, B.K.G., et.al. (2012) Economics: Concepts and Principles (with Agrarian Reform and Taxation). Manila: Rex Book Store. Leaño , Jr., R.D. , &Corpuz , R.M. (2012) . Fundamentals of Economics with Agrarian Reform , Taxation and Cooperatives : A modular approach . Intramuros , Manila : Mindshapers Company Incorporated Mankiw , N. Gregory. (2012) Principles of Economics . Australia : South-Westwern Cengage Learning McConnell Campbell R. (2008) Economics : Principles , Problems and Policies . Boston : McGraw- Hill Medalla , F.M. (ed.( (2010) Issues , problems and progress in Filipino economic development . Quezon City : University of the Philippines Press Sibal, J.V. (2009) Theories in Industrial Relations. Quezon City: Central Book Supply, inc. Sta. Ana III , F.S. (ed.) (2010) Philippine Institutions : Growth and prosperity for all. Quezon City : Action for Economic Reforms Incorporated Venida , V.(ed.) (2012) . Global financial crisis in the Asian context: Repurcussions and responses . Quezn City : Ateneo Center for Asian Studies

GRADING SYSTEM:

Grading Scheme: 70% Class Standing & 30% Major Examination(s) Formula:

CSM- Class Standing Midterms ME- Midterm Examination

CSF- Class Standing Final FE- Final Examination

Final Grade = 70% (CSM) + 30% (ME) + 70% (CSF) + 30% FE)

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50% Passing Expectations from students: The student’s responsibility is to come to each class prepared. He/She is also expected to take all examinations on the date scheduled. He/She is also expected to attend each class and participate actively in the discussions. ACADEMIC INTEGRITY: All students are expected to be academically honest. Cheating, lying, and other forms of immoral and unethical behavior will not be tolerated. Any student found guilty of cheating in examinations or plagiarism in submitted course requirements will (at a minimum) receive an F or failure in the course requirement or in the course. Plagiarism and cheating refer to the use of unauthorized books, notes, or otherwise securing help in a test; copying tests, assignments, reports or term

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papers; representing the work of another person as one’s own; collaborating without authority, with another student during an examination or in preparing academic work; signing another student’s name on an attendance sheet; or otherwise practicing scholastic dishonesty. Classroom Policies:

1. Attendance and Punctuality The student is expected to come to class regularly and on time. For absences, please refer to Policy on Absences below.

2. Active class participation The student is expected to participate actively in class recitations, discussions, and other activities as the case maybe. Please refer also to Expecta-tions from Student below.

3. Group work requirements The student is expected to work harmoniously with his/her group mates and contribute to the preparation of their group work.

4. Peer group evaluation The student shall also be evaluated by his/her peers and feedback shall be taken into consideration.

Expectations from students: The student’s responsibility is to come to each class prepared. He/She is also expected to take all examinations on the date scheduled. He/She is also expected to attend each class and participate actively in the discussions. POLICY on ABSENCES: The allowed number of absences for college students enrolled in a 1-hour class is a maximum of 10 absences and 7 absences for a 1-1/2 hour class-based on student handbook. Request for excused absences or waiver of absences must be presented upon reporting back to class. Special examinations will be allowed only in special cases, such as prolonged illness. It is the responsibility of the student to monitor her own tardy incidents and absences that might be accumulated leading to a grade of “FA.” It is also his/her responsibility to consult with the teacher, chair, or dean should his/her case be of special nature.

GRADING SYSTEM:

Grading Scheme: 70% Class Standing & 30% Major Examination(s) Formula:

CSM- Class Standing Midterms ME- Midterm Examination

CSF- Class Standing Final FE- Final Examination

Final Grade = 70% (CSM) + 30% (ME) + 70% (CSF) + 30% FE)

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50% Passing

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holy angel university school of arts and …...1 1 holy angel university school of arts and sciences...

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