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SIM, WEEK 4-5, BE-121 Microeconomics

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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
1
UNIVERSITY OF MINDANAO
Business Administration Education
Financial Management
Physically Distanced but Academically Engaged
Self-Instructional Manual (SIM) for Self-Directed Learning (SDL)
Course/Subject: BE 121 – Basic Microeconomics
WEEK 4-5
Name of Teacher: Vincent P. Josol
THIS SIM/SDL MANUAL IS A DRAFT VERSION ONLY; NOT FOR
REPRODUCTION AND DISTRIBUTION OUTSIDE OF ITS INTENDED
USE. THIS IS INTENDED ONLY FOR THE USE OF THE STUDENTS
WHO ARE OFFICIALLY ENROLLED IN THE COURSE/SUBJECT.
EXPECT REVISIONS OF THE MANUAL.
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
2
Course Outline: BE 121 – BASIC MICROECONOMICS
Course Coordinator:
Email:
Student Consultation:
Mobile:
Effectivity Date:
Mode of Delivery:
Time Frame:
Student Workload:
Requisites:
Credit:
Attendance Requirements:
Vincent P. Josol
vincent.josol10@gmail.com
By appointment
09485764279
August 2020
Distance Education Delivery (DED)
54 Hours
Expected Self-Directed Learning
None
3
A minimum of 95% attendance is required for
scheduled Virtual sessions.
100% attendance for Final Examination (on-campus)
Course Outline Policy
Areas of Concern
Contact and Non-contact Hours
Assessment Task Submission
Details
This 3-unit course self-instructional manual is designed
for blended learning mode of instructional delivery with
scheduled face to face or virtual sessions. The
expected number of hours will be 54 including the face
to face or virtual sessions.
Submission of assessment tasks shall be on the 3rd, 5th,
7th and 9th week of the term. The assessment paper
shall be attached with a cover page indicating the title
of the assessment task (if the task is performance),
the name of the course coordinator, date of submission
and name of the student. The document should be
emailed to the course coordinator. It is also expected
that you already paid your tuition and other fees before
the submission of the assessment task.
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
Turnitin Submission
(if necessary)
Penalties for Late
Assignments/Assessments
Return of Assignments/
Assessments
Assignment Resubmission
3
To ensure honesty and authenticity, all assessment
tasks are required to be submitted through Turnitin
with a maximum similarity index of 30% allowed. This
means that if your paper goes beyond 30%, the
students will either opt to redo her/his paper or explain
in writing addressed to the course coordinator the
reasons for the similarity. In addition, if the paper has
reached more than 30% similarity index, the student
may be called for a disciplinary action in accordance
with the University’s OPM on Intellectual and Academic
Honesty.
Please note that academic dishonesty such as cheating
and commissioning other students or people to
complete the task for you have severe punishments
(reprimand, warning, expulsion).
The score for an assessment item submitted after the
designated time on the due date, without an approved
extension of time, will be reduced by 5% of the possible
maximum score for that assessment item for each day
or part day that the assessment item is late.
However, if the late submission of assessment paper
has a valid reason, a letter of explanation should be
submitted and approved by the course coordinator. If
necessary, you will also be required to present/attach
evidences.
Assessment tasks will be returned to you two (2) weeks
after the submission. This will be returned by email or
by hard copy.
For group assessment tasks, the course coordinator will
require some or few of the students for online or virtual
sessions to ask clarificatory questions to validate the
originality of the assessment task submitted and to
ensure that all the group members are involved.
You should request in writing addressed to the course
coordinator his/her intention to resubmit an assessment
task. The resubmission is premised on the student’s
failure to comply with the similarity index and other
reasonable grounds such as academic literacy
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
4
Re-marking of Assessment
Papers and Appeal
standards or other reasonable circumstances e.g.
illness, accidents financial constraints.
You should request in writing addressed to the program
coordinator your intention to appeal or contest the score
given to an assessment task. The letter should explicitly
explain the reasons/points to contest the grade. The
program coordinator shall communicate with the
students on the approval and disapproval of the
request.
If disapproved by the course coordinator, you can
elevate your case to the program head or the dean with
the original letter of request. The final decision will
come from the dean of the college.
Grading System
Course discussions/exercises – 40%
1st formative assessment 10%
2nd formative assessment 10%
3rd formative assessment 10%
All culled from on-campus/onsite sessions (TBA):
Final exam – 30%
Preferred Referencing Style
Student Communication
Submission of the final grades shall follow the usual
University system and procedures.
Depends on the discipline; if uncertain or inadequate, use
the general practice of the APA 6th edition.
You are required to create an email account which is
a requirement to access the QUIPPER portal. Then,
the course coordinator shall enroll the students to have
access to the materials and resources of the course. All
communication
formats:
chat,
submission
of
assessment tasks, requests etc. shall be through the
portal and other university recognized platforms.
You can also meet the course coordinator in person
through the scheduled face to face sessions to raise
your issues and concerns.
For students who have not created their student
email, please contact the course coordinator or
program head.
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
5
Contact Details of the
Dean/Director
Contact Details of the Program
Head
Students with Special Needs
Help Desk Contact
Library Contact
ALBERTO M. CONDES, MAEd.
Email:directorsofficepenaplata@umindanao.edu.ph
Phone: 09196306466
JENNIFER C. GONZAGA, DBM
Email:jennifer_gonzaga@umindanao.edu.ph
Phone: 09171938922
Students with special needs shall communicate with the
course coordinator about the nature of his or her
special needs. Depending on the nature of the need,
the course coordinator with the approval of the program
coordinator may provide alternative assessment tasks
or extension of the deadline of submission of
assessment
tasks.
However,
the
alternative
assessment tasks should still be in the service of
achieving the desired course learning outcomes.
MICHELLE ESTRERA
Office of the Student Affairs (OSA)
Email: osapenaplata@umindanao.edu.ph
Phone: 09381582332
FRANLO L. BUCOG
Email: licpenaplata@umindanao.edu.ph
Phone: 09654625319
Course Information – see/download course syllabus in Quipper
CC’s Voice: Hello prospective financial analysts and entrepreneurs! Welcome to this
course BE 121: Basic Microeconomics. By now, I am confident that you
really have imagined yourself as part of the business world.
CO
Let us begin!
Before your actual business career, you have to understand how the
economy works on a micro level. Giving you the essential Handing you
the importance in understanding the value of money, law of supply and
demand, investment and personal financial literacy. These areas are
not just for the business industry but it can also be an actual application
in our daily lives: budgeting or the allocation of our scarce resources.
Thus, in this course you are expected to gain knowledge how a country’s
economic system works and what are the different tools to implement to
overcome scarcity of resources.
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
6
Big Picture
Week 4-5: Unit Learning Outcomes (ULO): At the end of the unit, you are expected to
a. Discuss the Economic Though of the economics.
b. Describe the Economic System.
c. Explain the Production Possibilities Frontier
Big Picture in Focus: ULOa. Discuss the Economic Though of the
Economics
Metalanguage
To fully understand the roles of economic players in different economic conditions, you need to
understand the background of economics and its terminologies. Please note that you are not limited to
exclusively refer to these resources. Thus, you are expected to utilize other books, research articles and
other resources that are available in the university’s library e.g. ebrary, search.proquest.com etc.
Essential Knowledge
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
7
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
17
Self-Help: You can also refer to the sources below to help you further
understand the lesson:
Salvador et.al (2015). Introduction to economics.
Gabay, et.al (2012). Economics concepts and principles with agrarian reform and taxation.
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
18
Big Picture in Focus: ULOb. Describe the Economic System
Metalanguage
To fully understand the roles of economic players in different economic conditions, you need to
understand the background of economics and its terminologies. Please note that you are not limited to
exclusively refer to these resources. Thus, you are expected to utilize other books, research articles and
other resources that are available in the university’s library e.g. ebrary, search.proquest.com etc.
Essential Knowledge
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
19
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
20
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
22
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
23
Self-Help: You can also refer to the sources below to help you further
understand the lesson:
Salvador et.al (2015). Introduction to economics.
Gabay, et.al (2012). Economics concepts and principles with agrarian reform and taxation.
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
24
Big Picture in Focus: ULOc. Explain the Production Possibilities
Frontier.
Metalanguage
To fully understand the roles of economic players in different economic conditions, you need to
understand the background of economics and its terminologies. Please note that you are not limited to
exclusively refer to these resources. Thus, you are expected to utilize other books, research articles and
other resources that are available in the university’s library e.g. ebrary, search.proquest.com etc.
Essential Knowledge
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
25
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
37
UM Peñaplata College
Business Administration Education
Obenza St., Brgy. Peñaplata, Samal District, IGCS
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Self-Help: You can also refer to the sources below to help you further
understand the lesson:
Salvador et.al (2015). Introduction to economics.
Gabay, et.al (2012). Economics concepts and principles with agrarian reform and taxation.
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