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MICROECONOMICS

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Pamantasan ng Lungsod ng Maynila
(University of the City of Manila)
Intramuros, Manila
College of Education
Course Syllabus
Microeconomics
Professor: Paulyne Joanne R. Pascual, MAEd
A. Course Code: SST
B. Course Title: Macroeconomics
C. Course Description:
This course is designed to help the students develop an in-depth understanding of the nature, scope and significance of micro-economics. It provides them with an
understanding the cause and effects of inflation, unemployment, fiscal and monetary policies, modes of taxation, international trade and national income. This course will equip
students with the knowledge in Gross National Policy, Gross Domestic Policy and Consumer Development Index. Through these, the Social studies majors will gain competence
in teaching the subject and eventually lead their future in a higher standard education.
D. Prerequisite: None
E. Credit Units: 3 Units
F. Course Outcome: At the end of the course, the students will be able to:
1. Understand the basic economics concepts.
2. Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.
3. Understand the Consumers’ Behavior Theory and Production Theory.
4. Explain the market structures and apply it in real market.
5. Define economic growth through revenue and profit.
6. Understand International Trade and Government Policy.
Time Allotment
Week 1
Week 2
Learning Outcome
1. Discuss the requirements,
rules and grading system in
subject.
2. Present the expected
learning activities and
academic discourse in the
subject.
3. Discuss the meaning, nature
and scope of
Macroeconomics.
4. Present the difference
between Microeconomics
and Macroeconomics.
Learning Content
Course requirement, rules and grading system in the
subject
Strategies/Activities
Lecture and
Discussion
Resources
Syllabus
Assessment
Reflection paper
I.
Lecture and
Discussion
Individual Report
Books
Laptop and
projector
Audio visual
presentation
Power point
Task Sheet
Basic Economic Concepts
A. The Essence of Economics
 Scope of Economics: Microeconomics and
Macroeconomics
 Characteristics of an Economic Theory
 Application and definition of the Ceteris Paribus
5. Explain the importance of
Economics.
6. Expound the ideas of
Opportunity Cost and TradeOff.
phrase
 The Method of Economics
 The Economic System and the Basic Economic
Question
 Opportunity Cost and Trade-Off
 Circular flow model
II. Demand and Supply
 The Getting Curve and the Demand Schedule
 Getting the Slope of the Demand Curve
 Shifts in Demand and their Determinants
 The Supply Curve and the Supply Schedule
 Getting the Slope of the Supply Curve
 Other Factors that Influence Supply
 Market Equilibrium
 Getting the Equilibrium Condition via the Schedule
Approach
 The Graphical Approach
 The Algebraic Equations
 Surplus and Shortage
III. Elasticity and Its Application
 Price Elasticity of Demand and Pricing Decision
 Importance of Total Revenue in Pricing Decision
 Income Elasticity of Demand
 Cross Elasticity of Demand
 Price Elasticity of Supply
Week 3
7. Understand the Demand
and Supply Curve and
Schedule.
8. Explain the Market
Equilibrium.
Week 4
9. Understand the different
concepts and uses of
elasticity.
Week 5
10.
Explain consumer
behavior through utility
approach and the budget line
and indifference curve
analysis.
IV. Consumer’s Behavior Theory
The Utility Aporoach
The Law of Diminishing Maginal Utility
The Budget Line and Indefference Curve
Optimum Combination and the Marginal Rate of
Substitution
11.
Explain how goods are
efficiently produced and input
costs, minimized.
V.
Week 6
Week 7
presentation
Lecture and
Discussion
Individual Report
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Task Sheet
Lecture and
Discussion
Individual Report
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Task Sheet
Lecture and
Discussion
Individual Report
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Task Sheet
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Task Sheet
MIDTERM EXAMINATION
Production Theory
Lecture and
Production and Production Theory
Discussion
Individual Report
The Production Function and the Law of
Diminishing Marginal Returns
Long Run and Short Run Adjustments
The Analysis of Isocots and Isoquants
Week 8
12.
Understand how costs
and profit affect market
behavior.
VI. Theory of Costs
Cost Analysis
Revenue and Profit
Lecture and
Discussion
Individual Report
Week 9
13.
Understand how
competition influences
market behavior affects the
way the market will function
in the long run.
VII. Market Structures
Perfect and Imperfect Competition
Pure Competition
Monopoly
Oligopoly
Monopolistic Competition
Lecture and
Discussion
Individual Report
Week 10
14.
Explain the different
issues of the government in
Microeconomics.
VIII. Government Issues in Microeconomics
Trade Barriers: Impacts on price and Demands
Types of Taxes and The Philippine Tax Code:
Impact on Microeconomics
Government Regulation
Circular Flow of Economic Activity
Lecture and
Discussion
Individual Report
Week 11
15.
Visit the Central Bank of
the Philippines
IX. Bangko Sentral ng Pilipinas Visitation
Lecture and
Dicscussion
Week 12
G. Course Requirements:
FINAL EXAMINATION
Reporting (motivational activity/report/handouts to your classmates and prof) -20%
Class Participation and Attendance-20%
Task Sheet -20%
Major Examination-40%
H. Print Resources and References:
Case. (2017). Principle of Economics Volume 1: Microeconomics. Pearson Publishing Inc.
Mutya (2018). Economic s woth Agrarian Reform and Taxation. Anvil Books.
Pagoso etal (2017). Introductory Microeconomics. 4th Edition. Rex Book Store
Avila. etal. (2018). Microeconomics Simplified. Anvil Publishing
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Books
Laptop and
projector
Audio visual
presentation
Power point
presentation
Task Sheet
Task Sheet
Task Sheet
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