Republic of the Philippines UNIVERSITY OF ANTIQUE Tibiao, Antique COLLEGE OF BUSINESS AND MANAGEMENT tlmc.cbm@antiquespride.edu.ph TABLE OF SPECIFICATION IN Economics 1 (Introduction to Economics with TAR and other Related Issues) FINALS 2nd Semester, A.Y. 2020 – 2021 Content/Topics CHAPTER VI: Consumption, Savings & Investment A. Meaning of Consumption B. Consumption, Savings and Investment Relationship VAA-FM-029 Intended Learning Outcomes 1.Define consumption,savings and investment Hierarchy of Domain Time Allotment Relati ve Weigh t Number of Items 6 Remembering 5 hours 0.19 Test Type A. Multiple Choices B. True or False C. Matching Type Item Locator A. 2,4,7,8 B. 1,2 C. 2. Relate the concepts to real life 3.Give examples of savings and consumption Rev.1/03-09-2 CHAPTER VII: Public Finance 1.Explain the theoretical and practical aspects of public finance, in general, and taxation, in particular. Remembering 4 hours 0.15 1 A. Multiple Choices B. True or False C. Matching Type A. B. 7 C. D. A. Public Finance B. Classification of Public Finance CHAPTER VIII: Money and Monetary System A. DEFINITION OF MONEY B. FUNCTIONS OF MONEY C. KINDS OF MONEY 2. Describe the requisites of taxation 3. Classify the kinds of taxations 1. To introduce the nature and characteristics of financial markets and financial intermediation. 2. To explain how central banks may influence monetary variables and how government spending and taxes may be used to effect changes in the core areas of economics. Remembering 4 hours 0.15 6 A. Multiple Choices B. True or False C. Matching Type A. 3,6,9 B. 3,4,6 C. D. 3. To discuss the limits of government stabilization policy VAA-FM-029 Rev.1/03-09-2 CHAPTER IX: TAXATION A. The Meaning, Nature and Importance of taxation 1. Define tax and taxation; Remembering 7 hours 0.26 22 A. Multiple Choices B. True or False C. Matching Type A. 1 B. 5,8,9,10,11,12,13,14,1 5,16,17,18,19,20,21,22 ,23,24,25,26,27 C. Remembering 6 hours 0.23 15 A. Multiple Choices B. True or False C. Matching Type A. 5,10 B. 28,29,30 C. 1,2,3,4,5,6,7,8,9,10 2. Discuss the functions of taxes. 3.Determine the nature and importance of taxation; B. Basic Principles and 4. Identify the different taxes imposed in each Classification of Taxes classification; C.Limitations of the Power of Taxation D. TRAIN Law 5. Explain the inherent limitations on the power of the state to tax; and 6. Discuss the grounds for the imitations on the power to impose taxes. 7. Describe clearly the TRAIN Law and its effect to the economy and to the consumers CHAPTER X: THE AGRARIAN REFORM PROGRAM OF THE PHILIPPINES A.The Meaning, Nature and History of Land VAA-FM-029 1. Know the history of agrarian reform program in the Philippines; 2. Discuss the agricultural sector in the advancement of developing countries Rev.1/03-09-2 Reform B. Importance, Aspects and Components of Agrarian Reform C. The Comprehensive Agrarian Reform Program (CARP) 3. Distinguish agrarian reform from land reform. 4. Explain the importance of agrarian reform; 5. Discuss the different components of agrarian reform and its salient points. 6. Appreciate the role of Agrarian Reform in Economic Development TOTAL 26 1.0 50 60 Prepared by: TOMMY T. MONTERO Course Instructor VAA-FM-029 Checked &Verified by: CHARLENE JOY R. AMAR Program Head, BSED Approved by: JULIE A. ZULUETA, MAEd OIC Dean, CTE Rev.1/03-09-2