Department of Accounting Education

BE 313 – Course Syllabus

COURSE INFORMATION
1. Course Number : BE 313
2. Course Name : Managerial Economics
3. Course Description : This course is concerned about the application of economic principles and
methodologies to key management decisions within organizations. It provides principles to foster the
goals of the organization, as well as a better understanding of the external business environment in which
an organization operates. It also deals with the microeconomic principles and quantitative tools can be
used to aid managers in making sound decisions. This course presents the basic concepts of
microeconomics theory with an emphasis on business applications.

4. Pre-requisite : None
5. Co-requisite : None
6. Credit : 3.0 units
7. Class schedule : 6 hours per week (1 Term)
8. Program Educational Outcomes
After 3 to 5 years, Accountancy Graduates will be able to:
A. Contribute positive impact to the society through practice of competence and professional ethics as
accountants.
B. Pursue a successful career in accounting through relevant trainings and involvement in the continuing
professional development programs of the profession and/ or in advanced studies.
C. Support various stakeholders in taking strategic and operating decisions through the presentation and
analysis of financial data and information arising from business transaction.
9. Program Graduate Outcomes (SO)
Upon graduation, the BSA students are expected to: PEO1 PEO2 PEO3
✓ ✓
SO a: Articulate and discuss the latest developments in the specific field of practice.
✓ ✓
SO b: Effectively communicate orally and in writing using both English and Filipino
✓ ✓
SO c: Work effectively and independently in multi-disciplinary and multi-cultural teams. ✓
✓ ✓
SO d: Act in recognition of professional, social, and ethical responsibility ✓
SO e: Resolve business issues and problems, with a global and strategic perspective using ✓ ✓
knowledge and technical proficiency in the areas of financial accounting and
✓
reporting, cost accounting and management, accounting and control, taxation, and
accounting information systems;
SO f: Conduct accountancy research through independent studies of relevant literature and ✓ ✓ ✓
appropriate use of accounting theory and methodologies;
SO g: Employ technology as a business tool in capturing financial and non-financial ✓ ✓ ✓
information, generating reports and making decisions;
SO h: Apply knowledge and skills to successfully respond to various types of assessments; ✓
and (including professional licensure and certifications); and confidently maintain a
commitment to good corporate citizenship, social responsibility

10. Course Outcomes (CO) of BE 313 and their links to SO

 Department of Accounting Education
BE 313 – Course Syllabus

SO
Upon completion of the course, the BSA/BSAT students are
expected to:
A B D F G H
CO1 1 Comprehend the various concepts,
L P P P P P
principles of managerial
economics.
CO2 2 Analyze the various concepts,
L P P P P
principles and best practices in
managerial economics

Legend:
[L] = Facilitate Learning of the competence (inputs are provided and competency is evaluated).
[P] = Allow students to practice competencies (no input but competency is evaluated).
[O] = Provide opportunity for development (no input or evaluation, but there is opportunity to practice
the competencies).
 Program Educational Objectives (PEO)

Vision: By 2022, a globally recognized institution providing

quality, affordable, and open education. 1. Contribute positive impact to the society
through practice of competence and
Mission: Provide a dynamic and supportive academic professional ethics as accountants.
environment through the highest standards of instruction, 2. Pursue a successful career in accounting
research and extension in a non-sectarian institution committed
through relevant trainings and involvement in
to democratizing access to education.
the continuing professional development
Values: Excellence, Integrity, Honesty, teamwork programs of the profession and/ or in
advanced studies.
Core Competency: Quality, Affordable, Open 3. Support various stakeholders in taking
Education strategic and operating decisions through the
presentation and analysis of financial data
and information arising from business
transaction..

SO / PO
Course Outcomes (CO)

a. Articulate and discuss the latest developments in the specific field of

practice.
b. Effectively communicate orally and in writing using both English and 1. Comprehend the various concepts,
Filipino
c. Work effectively and independently in multi-disciplinary and multi- principles of managerial economics.
cultural teams.
d. Act in recognition of professional, social, and ethical responsibility
2. Analyze the various concepts,
e. Resolve business issues and problems, with a global and strategic principles and best practices in
perspective using knowledge and technical proficiency in the areas of
financial accounting and reporting, cost accounting and management, managerial economics.
accounting and control, taxation, and accounting information systems;
f. Conduct accountancy research through independent studies of
relevant literature and appropriate use of accounting theory and
methodologies
g. Employ technology as a business tool in capturing financial and non-
financial information, generating reports and making decisions;
h. Apply knowledge and skills to successfully respond to various types of
assessments; and (including professional licensure and certifications);
and confidently maintain a commitment to good corporate citizenship,
social responsibility for the business.

Assessment Task
CO Theory- Practice- Assessment Coverage
based based Schedule
 1. Comprehend the various concepts, Multiple First Exam Lesson 1-3
principles of managerial economics. Choice
Questions

Multiple Second Exam Lesson 4-5

Choice
Questions

2. Analyze the various concepts, principles Multiple Third Exam Lesson 6-7
and best practices in managerial Choice
economics Questions
Multiple Fourth Exam Lesson 1-9
Choice
Questions

Assessment Task Details (Theory-based)

Assessment Coverage Assessment Task Details
Schedule
First Exam Lesson 1-3 Multiple Choice You are expected to comprehend the nature, scope, limitation of business and
Questions the theory of the firm. You are expected to determine the goal of business. This
(100% of the exam) will highlight the significant of business in the economy.
Second Lesson 4-5 Multiple Choice You are expected to analyze the relevance of cost in short-term and long-term
Exam Questions planning of business. This will allow the students to have sound planning in
(100% of the exam) short-term and long-term goals of business.

Third Exam Lesson 6-7 Multiple Choice You are expected to analyze problems related to productivity and allocating
Questions resources of the firm. This will enable the students to solve problems to have
(100% of the exam) efficient and effective results.

Fourth Exam Lesson 1-9 Multiple Choice You are expected apply deep knowledge on the concept of money and its time
Questions value. This will develop the ability of the students on giving importance on
(100% of the exam) money and current assets. The topic is designed to practice your ability in
analytical thinking and conceptualization skills.
11. COURSE OUTLINE AND TIME FRAME
Time Satisfied Teaching and Learning Student’s Assessment
Topics
Frame CO Activities
Week 1
 ORIENTATION (UMDC Vision, Mission
and Objectives – DAE PEO, Grading
System, policies)
 Discussion
Lesson 1 Introduction to Managerial  Power point & Oral
Economics Presentation  Quiz
 Nature, Scope and Limitations, CO 1
 Oral recitation
CO 2
functions in business Nature,  Brain storming  Rubric
Scope and Limitations, functions in  Library Works
business
 Theory of the Firm

 Interactive
Week 2- discussion
3  Collaborative work  Quiz
Lesson 2. Corporate planning and CO 1
 Power point & Oral  Oral recitation
Managerial Economics CO 2
Lesson 3. The Goal of Maximum Profit  Rubric
Presentation
(FIRST GRADED
EXAM)
 Role playing
 Hands-on

 Interactive
discussion
Week 4- Lesson 4. The Economics of Production  Power point & Oral  Quiz
5 Lesson 5. The Economic Analysis of  Oral recitation
CO 1 Presentation
Cost CO 2  Rubric
 Collaborative work
(SECOND GRADED
 Role playing EXAM)
 Hands-on

 Interactive
discussion
Week 6- CO 1  Power point & Oral  Quiz
7 Lesson 6. The Economics of Productivity
CO 2 Presentation  Oral recitation
Lesson 7. Operations Research and
Economic Analysis  Rubric
 Collaborative work (THIRD
 Group EXAMINATION)
Presentation

 Interactive
CO 1 discussion
Week 8- Lesson 8. Time Value of Money  Power point & Oral  Quiz
9 CO 2 Presentation  Oral recitation
Lesson 9. Capital Budgeting  Rubric
 Collaborative work
 Hands-on

FINAL EXAMINATION
COMPREHENSIVE EXAM FROM FIRST LESSON TO LESSON 8
 1. Course Evaluation
Assessment methods Weights

EXAMINATIONS 60%
Exam 1 10%
Exam 2 10%
Exam 3 10%
Exam 4 30%
CLASS PARTICIPATIONS 40%
Assignments 5%
Quizzes 10%
Oral Recitation 10%
Research 15%

TOTAL 100%
2. Suggested Readings and References
Mankiw, G.N. (2015). Essential of economics. Australia: Cengage Learning
O’Sullivan, P., Allington, N, Esposito, M. (2015). The philosophy, politics and economics of finance in the
21st century: Fom Hubris to disgrace. London: Routledge Taylor & Francis Group

3. Policies and Guidelines

Submission and Requirements
1. Submission of requirements will observed deadline.
2. A deadline will be set by the professor to ensure submission would be on time.
3. A requirement that will not meet the deadline will not be accepted anymore but when a valid reason will
be presented a consideration may occur.
4. Online submission is also observing a deadline policy. When in case an online submission will not be
carried out to the merit of the student please secure your sent item on your email for proof of passing it
online

Prepared by:
Reviewed by:
JASON REYES
CHARLES FLORES, CPA JEANETH P. TORMIS, CPA, MBA
PEARL LETTEE MAUNES, MBA Department Chair- DAE
Faculty

References reviewed by:

AMELITA D. AYOC, RL, MLIS

Chief Librarian, UM Digos

Recommending approval: Approved by:

RYAN DALE ELNAR, Ph.D.,RPm EUGENIO S. GUHAO, JR., D.M.

Dean, UM Digos College SVP, Academic Planning and Services-Branches