AURORA PIONEERS MEMORIAL COLLEGE

SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

COURSE CODE: ECON 11 COURSE NAME: Introduction to Microeconomics, Theory and COURSE CREDITS: 3 Units
Policy
CONTACT HOURS: 54 hours PRE-REQUISITE: NONE TYPE OF COURSE: Modular
PRE-REQUISITE COURSE TO: -none- TOTAL NUMBER OF HOURS INCLUDING LAB SESSION: 54
COURSE DESCRIPTION: This course will provide you with a basic understanding of the principles of microeconomics. At its core, the study
of economic deals with the choices and decisions we make to manage the scarce resources available to us. Microeconomics is the
branch of economics that pertains to decisions made at the individual level, such as the choices individual consumers and
companies make after evaluating resources, costs, and tradeoffs. When we talk about the economy, we are referring to the
marketplace or system in which these choices interact with one another. In this course, you will learn how and why these
decisions are made and how they affect one another in the economy. The scope and emphasis of this course goes beyond a
general understanding of microeconomics to incorporate the core concepts of the overall field of economics.

VISION: Holistic Education Training Development and Global advantage for Quality life to Honor God, Country, and Humanity.
MISSION: Providing Student potentials for productive and God loving citizenry, dedicated to modernized facilities and updated management and teaching-
learning practices to meet socio- civic, economic and moral involvement and accountability of all stakeholders.

GOALS:
PROGRAM GRADUATE ATTRIBUTES (Applicable to the Course): PROGRAM GRADUATE OUTCOMES (Applicable to the Course):

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

COURSE LEARNING OUTCOMES (At least 3 Major Course Learning Outcomes aligned to PGA and PGO)
ATTRIBUTES OUTCOMES INDICATORS (PBL/T) DUE DATE
Critical Thinking (K) Understand the technical language of economics. Used of terms in explaining the concept. Prelim
Recognize the consequences of government
intervention to the functioning of markets. Give comments and suggestions to
(S) Midterm
Explain economic behavior and phenomena. solve economic problems.

Apply the basic concepts of microeconomic analysis and Provide solution to the economic
(A) Final
use appropriate tools in solving economic problems. problem.

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

LEARNING PLAN (Sample)

PERIOD/OUTCOME TOPIC/OBJECTIVES TEACHING & LEARNING ACTIVITIES/ASSESSMENT
Prelims (16 hours) Orientation and expectation setting for Course Online Meeting
Distribution of Hand-outs (remote/no internet connection)
At the end of this module, the students must a. Picture Analysis
be able to:  Chapter 1 Introduction to b. Essay
 Define basic economic terms Economic Theory c. Problem Solving
 Differentiate economic analysis
and economic policy *Prelim Assessment
 Present an overview of the
circular flow in the economy
 Differentiate the types of
economic system

 State the law of Demand and

Supply  Chapter 2 Demand and Supply
 Explain how the forces of demand
and supply interact to attain
equilibrium in the market
 Apply the law of demand and the
Law of Supply to different
economic situations

 Understand the concept of

elasticity demand and supply
 Compute elasticity values .of Chapter 3 Elasticity of
demand and supply with given Demand and Supply

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

changes in price and quantity

 Apply the concept of elasticity to
Midterms (16 hours)  Chapter 4 Theory of a. Essay
Consumption b. Case Analysis
At the end of this module, the students must c. Problem Soving
be able to:
 Identify the different factors that
affect utility and consumption
behaviour
 Explain Maslow’s Hierarchy of
Needs
 Distinguish the relationship of
*Midterm Assessment:
income to substitution effects
 Chapter 5 Theory of Production
 Describe the concept of Law of
Diminishing Returns
 Explain ways to improve
production
 Show how productivity is
measured via formula

 Describe the concept of the

theory of cost and profit  Chapter 6 The theory of Cost
maximization and Profit
 Distinguish Fixed and variable

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

Cost
 Differentiate Opportunity and
Imputed Cost
 Discuss how to compute Profit
Finals (22 hours)  Chapter 7 Pricing and Output a. Essay
under Pure Competition b. Problem Solving
At the end of this module, the students must
be able to:
 Determine the characteristics of a *Finals Assessment:
purely competitive market
 Explain how market prices and
outputs are determined in both
the short run and the long run
under pure competition
 Compute for marginal revenue,
marginal cost, and profits with
given data on price and output

 Explain how market prices and

outputs are determined in both
short run and long run under  Chapter 8 Monopoly
monopolistic market

 Enumerate the characteristics of

a monopolistic competition
 Recognize how short run profit

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

 Chapter 9 Monopolistic
maximizing prices and outputs Competition
are achieved by a monopolistic
competitive market
 Explain how long run profit
maximizing prices are achieved in
monopolistic competition when
entry of a new firms to the
market is blocked and when
entry is open

 Enumerate the reasons why firms

in an oligopoly from a collusion
among themselves
 Explain how long-run profit
maximizing prices and outputs
are achieved in a centralized
cartel and in an imperfect
collusion
 Chapter 10 Oligopoly

GRADING SYSTEM:
Attendance and Online/Remote ClassActivity Participation --------- -
Major Examinations --------- -

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

Prelims --------- -
Midterms --------- -
Finals --------- -
Task Performance (T/L Activities) --------- -
Problem – Based Learning/ Project – Based Tasks --------- -

TOTAL --------- - 100%

COURSE REQUIREMENTS:
In order to pass this course, a student must be able to obtain a rating of at least ________ derived from the following fulfilled requirements:
1. Attendance and Online/Remote Class Activity Participation
2. Major Examinations
3. Task Performance
4. Problem – Based Learning/ Project – Based Tasks

Rubrics for the following requirements will be made available/will be sent thru individual E-Mails.
COURSE EXPECTATIONS:
Students of this course are expected to:
1. Observe the rules and regulations of the institutions regarding the proper decorum, attendance and the general requirements for a/an
_______ student as per stipulated in the Students Handbook;
2. Equip oneself with relevant, updated and current news and information;
3. Conduct self-paced learning for the basic accounting and financial terminologies and concepts prior to attending this class;
4. Possess extensive knowledge on Word Processing and Spreadsheets as a means to process tasks and activities;
5. Participate actively in all of the discussions and exchange of ideas to earn points for this course using English language as a means of
communication;

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

6. Assert one’s own point of view during the discussion or may initiate discussion/topics relevant to the course without prejudice, bigotry,
biases and discrimination and consider individual differences;
7. Monitor their E-Mail/SMS inboxes for announcements, assignments and comments. Hence, all students are required to register in
group;
8. Observe proper citations when utilizing published or unpublished works to avoid violations of Intellectual Property Rights;
9. Share insights to improve Rubrics for each Requirement;
10. Submit required tasks in a neat and presentable manner; and,
11. Prepare, accomplish, submit, present and perform all assigned tasks and course works required in order to pass this course.
** The Professor in-charged of this course is also expected to exhibit the same above-mentioned expectations.
ONLINE/REMOTE CLASSROOM POLICIES (Adopted)
1. Late submissions are not accepted. Unless there is a very valid excuse for such late submission. The following are considered valid:
hospitalized (with medical certificate), death of an immediate family member (God forbid), and flu (but not hospitalized; with an excuse
letter from parents, guardian, or dorm manager).
2. Plagiarism is to be avoided at all costs. First offense, the student will receive a grade of 0 for the work/activity/seatwork/essay. Second
offense, the student will receive a final grade of 0.0 for the subject.
3. No one is allowed to use his or her phone for texting or calling, unless it is for emergency purposes.
4. For attendance, the policies of the school are applied.

FORMAT OF PAPERS (This is followed in any requirement that will be submitted in class)

1. PAPER: A4 bond paper

2. ORIENTATION: Portrait (It would only be in landscape if specified in the instructions)
3. MARGIN: 1” margin – top, bottom, left, right
4. FONT: Arial #11
5. SPACING: Double space, but no extra space between paragraphs

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

6. TOP OF THE FIRST PAGE: On the top of the first page should always be:
FAMILY NAME, FIRST NAME, DATE
SUBJECT AND SECTION
(if there are two or more names, always arrange them alphabetically)
7. PAGE NUMBERS: Always have page numbers, unless the assigned paper has only one page.
8. CITATION: Use APA format for citations.
9. REFERENCE: The “Reference” will always be on a separate paper or papers.
10. SUBMISSION: Papers having 2-15 pages to be submitted should be fastened together; papers having more than 16 pages should be
soft bounded.
REFERENCES
USE THE APA FORMAT

Prepared by: Approved by:

HERBERT T. YEO MIGUEL M. MADELO, MBA

Lecturer Dean, CICT

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332
 AURORA PIONEERS MEMORIAL COLLEGE
SUMMER Academic Year 2019 – 2020

COURSE SYLLABUS

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STUDENT’S ACKNOWLEDGMENT

I, __________________________________, a graduate student of the _________ Program hereby acknowledge receipt of the herewith attached
Course Syllabus of ______________________________________, First Semester of SY 2020-2021.

_________________________________
Student’s Signature over Printed Name Date:_________________________ Time: ______________

Bonifacio St. Pob. Aurora Zamboanga Del Sur

Tel. No. : (062) 331-2332