DETAILED TEACHING SYLLABUS (DTS) AND INSTRUCTORS GUIDE (IG’S)

College of Accountancy and Business Administration

BACC111 (BASIC MICROECONOMICS)
PHILOSOPHY
The PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY is committed to the pursuit of excellence relative to student’s professional growth and development.

VISION
PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY envisions producing quality graduates fully equipped with knowledge, attitudes, values, and skills and who are globally
competitive in their chosen profession ever ready to render quality services.

MISSION STATEMENT
PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY provides quality education to every student through a well-balanced research-oriented learning environment that develops
critical and creative thinking for maximum development of individual’s talents and capabilities.

INSTITUTIONAL OBJECTIVES
In pursuit of its Vision and Mission, PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY will achieve the following:
1. Provide programs and activities that will enhance the development of the students physically, intellectually, culturally, emotionally, socially, spiritually and morally.
2. Provide college education opportunities to poor but deserving students through the PHILIPPINE COLLEGE OF SCIENCE AND TECHNOLOGY scholarship grants.
3. Train students with globally competitive technical skills that will make them competent and capable of handling challenges in life.
4. Provide manpower needs of the country with professionally qualified graduates imbued with dignity and high moral values who are mature, productive, self-reliant,
responsible and self-disciplined citizens.

SPECIAL OBJECTIVES
To provide the country with globally competitive and professionally licensed graduates as integral part of the total manpower needed for the economic development in the
national and international levels.

CORE VALUES Professionalism High Spirituality Integrity Love of Humanity Compassionate and Competent Solidarity Transformative

PART A
COURSE SPECIFICATION
PROGRAM EDUCATIONAL OBJECTIVE (PEO)
The BSBA program shall produce graduates who:
1. Assume supervision and/or managerial responsibilities within their organization (LEADERSHIP IN THE PRACTICE OF THE PROFESISON);
2. Pursue graduate studies in business and in management (LIFE-LONG LEARNING), and;
3. Manage a business and engage in activities that promote professional and community development (SOCIAL RESPONSIBILITY).

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PROGRAM DESCRIPTION : CMO 27, s. 2017 - ARTICLE IV, SECTION 5.1
PROGRAM OUTCOMES : CMO 27, s. 2017 - ARTICLE IV, SECTIONS 6.1, 6.2, 6.3 AND 6.4
NAME OF PROGRAM : Bachelor of Science in Business Administration (BSBA), Major in Marketing Management
COURSE CODE : BACC111
COURSE DESCRIPTION : Basic Microeconomics PRE-REQUISITE : MMELEC1
TITLE CO-REQUISITE :
COURSE DESCRIPTION : This course provides an economic analysis of price and output determination, value and distribution. The result of the analysis
is applied to decision-making problem that affect business, consumers and families. Interaction between supply and demand is
also to be highlighted. Analysis on consumer behavior due to the interaction between supply and demand is also to be
covered. Market structures are part of the exhaustive discussion as they affect consumers and businesses.
COURSE CREDITS : 3 Units LECTURE CONTACT 3 Hours LABORATORY CONTACT 0 Hours
HOURS PER WEEK HOURS PER WEEK
COURSE OUTCOME : At the end of the course, the students should be able to:
COA1: determine how the basic principles of the interaction between and among demand and supply; price and output; and
value and distribution affect the economy of a country;
COA2: associate the relationship of the key players in microeconomics with the economy; and
COA3: hypothesize how micro economy can be improved with possible problem-solving strategies.
FACULTY REQUIREMENT : CMO 17, s. 2017 -Article VI, Section 20
REFERENCES : Annex A of CMO 17, s. 2017: Revised Policies, Standards and Guidelines for Bachelor of Science in Business Administration
(BSBA) Program
PROGRAM OUTCOMES ADDRESSED LEARNING PRACTICE OPPORTUNITY
6.3.1 1. Obtain skills in economic literacy through the basic principles and analysis of relationship and X X
interaction between and among the key players in microeconomics
6.3.2 2. reflect and formulate necessary analysis to understand better how supply, demand, price, and X X X
output can affect the economic status of a family
6.3.3 3. Attain initiative to deal with the negative effects on the interaction of the basic microeconomics X X X
key players.
Legend: L - Facilitate LEARNING of competencies (Input is provided and competency is evaluated); P - allow student to PRACTICE competencies (No Input but
competency is evaluated); O - Provide OPPORTUNITY for development (No Input or evaluation but there is an opportunity to practice competencies)

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 PART B
COURSE SYLLABUS
TEACHING-LEARNING EQUIPMENT, MATERIALS INDICATIVE
LEARNING OUTCOME TOPIC ASSESSMENT
ACTIVITY (TLA) AND REFERENCES HOURS
1. Demonstrate CHAPTER I Introduction to Lecture Component * Multimedia Equipment Written Assessment 6 HOURS
understanding about the Economic Theory Teaching Activity: * Multimedia Presentation - Assignment
basic theories in 1. Introduction Interactive discussion and * White board and white - Quizzes
microeconomics 2. Economic Activity group activity; Supervise board market - Check-up and
2. Identify the elements 3. Consumption group presentation * Handouts Preliminary Exams
involved in the objective 4. Price Theory and activity; and Assignment Reference: Oral Assessment
of satisfying wants Economic Theory *Introductory - Recitation
3. Compare and contrast the 5. An Overview of the Microeconomics by:
types of system Economy Cristobal Pagoso, et.al
6. Types of Economic System
1. Familiarize with the CHAPTER II Demand and Lecture Component * Multimedia Equipment Written Assessment 6 hours
concepts of demand and Supply Teaching Activity: * Multimedia Presentation - Assignment
supply 1. Demand Interactive discussion and * White board and white - Quizzes
2. Compare and contrast the 2. The Law of Demand group activity; Supervise board market - Check-up and
determinants of demand 3. Supply group presentation * Handouts Preliminary Exams
and supply 4. The Law of Supply activity; and Assignment Reference: Oral Assessment
3. Explain how the forces of 5. The Dynamics of Demand *Microeconomic Simplified - Recitation
demand and supply and Supply by: Avila - Bato, et.al
interact to attain
equilibrium in the market

TEACHING-LEARNING EQUIPMENT, MATERIALS INDICATIVE

LEARNING OUTCOME TOPIC ASSESSMENT
ACTIVITY (TLA) AND REFERENCES HOURS
1. Apply the concepts of CHAPTER III - A. Elasticity of Lecture Component * Multimedia Equipment Written Assessment 12 hours
elasticity to various Demand and Supply Teaching Activity * Multimedia Presentation - Assignment
economic situations; 1. Price Elasticity of Demand -Interactive discussion * White board and white - Quizzes
2. Distinguish the different 2. Income Elasticity of and group activity; board market - Midterm Exam
degrees of elasticity of Demand -Supervise group * Handouts Oral Assessment
demand and supply; 3. Cross Elasticity of Demand Reference: - Recitation
presentation activity;
3. Compute elasticity of 4. Price Elasticity of Supply *Introductory
and Assignment
values of demand and B. Theory of Consumer Microeconomics by:
supply with given changes Behavior, Production, Cristobal Pagoso, et.al
in price and quantity Cost and Profit

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LEARNING OUTCOME TOPIC
1. Utility and Behavioral
Factors
2. Consumption
3. Dynamics of Demand and
Supply
4. Income and Substitution
Effects
5. Utility and Demand
1. Explain ways to improve CHAPTER IV A. Theory of
production Production
2. Describe the concept-of 1. Production Function
Law of Diminishing 2. The Isoquant
Returns 3. Productivity
3. Differentiate opportunity 4. Relative Resource
and imputed cost Efficiency
4. Discuss how to compute B. Theory of Cost and Profit
profit 1. General Concept
2. Profit Concept
LEARNING OUTCOME TOPIC
1. Determine the CHAPTER V Market
characteristics of pure Structure and Analysis
competition and A. Pure Competition
monopoly 1. Pure and Perfect
2. illustrate how equilibrium Competition
are achieved in purely 2. Price and Output in the
competitive market and Long Run
monopolistic market 3. An Evaluation of a
3. Explain how market prices Competitive Market
and outputs are 4. The Welfare Effects of
determined in pure Perfect Computation. A
competition and Practical View
monopolistic market 5. Shortcoming of the
Competitive System
TEACHING-LEARNING EQUIPMENT, MATERIALS INDICATIVE
ASSESSMENT
ACTIVITY (TLA) AND REFERENCES HOURS
Lecture Component * Multimedia Equipment Written Assessment
Teaching Activity * Multimedia Presentation - Assignment
-Interactive discussion * White board and white - Quizzes
and group activity; board market - Midterm Exam
-Supervise group * Handouts Oral Assessment
Reference: - Recitation
presentation activity;
*Introductory
and Assignment
Microeconomics by:
Cristobal Pagoso, et.al
Lecture Component * Multimedia Equipment 12 hours
Teaching Activity * Multimedia Presentation
-Interactive discussion * White board and white
and group activity; board market
-Supervise group * Handouts
presentation activity; Reference:
*Introductory
and Assignment
Microeconomics by:
Cristobal Pagoso, et.al
TEACHING-LEARNING EQUIPMENT, MATERIALS INDICATIVE
ASSESSMENT
ACTIVITY (TLA) AND REFERENCES HOURS
Lecture Component * Multimedia Equipment Written Assessment 6 hours
Teaching Activity * Multimedia Presentation - Assignment
-Interactive discussion * White board and white - Quizzes
and group activity; board market - Semi and Final and
-Supervise group * Handouts Exam
presentation activity; Reference: Oral Assessment
*Introductory - Recitation
and Assignment
Microeconomics by:
Cristobal Pagoso, et.al
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 TEACHING-LEARNING EQUIPMENT, MATERIALS INDICATIVE
LEARNING OUTCOME TOPIC ASSESSMENT
ACTIVITY (TLA) AND REFERENCES HOURS
B. Monopoly Lecture Component * Multimedia Equipment Written Assessment
1. The Demand Curve Teaching Activity * Multimedia Presentation - Assignment
2. Common Misconceptions -Interactive discussion * White board and white - Quizzes
about Monopolistic and group activity; board market - Semi and Final and
Economy -Supervise group * Handouts Exam
3. The Welfare Effects of Reference: Oral Assessment
presentation activity;
Pure Monopoly *Introductory - Recitation
and Assignment
4. Monopolies in Philippine Microeconomics by:
Setting Cristobal Pagoso, et.al
1. Recognize how short- CHAPTER VI Monopolistic and Lecture Component * Multimedia Equipment Written Assessment 6 hours
run profit maximize Oligopolistic Competition Teaching Activity * Multimedia Presentation - Assignment
prices and outputs are A. Monopolistic Competition -Interactive discussion * White board and white - Quizzes
achieved by a 1. Product differentiation and group activity; board market - Semi and Final and
monopolistic 2. Monopolistic Competition -Supervise group * Handouts Exam
Competitive firm 3. Comparison of Monopolistic presentation activity; Reference: Oral Assessment
2. Provide examples of 4. Welfare Effects of *Introductory - Recitation
and Assignment
monopolistic and Monopolistic Competition Microeconomics by:
oligopolistic firms in the B. Oligopoly Cristobal Pagoso, et.al
country at present 1. Classification of Oligopoly
3. Demonstrate 2. Collusion vs. Independent
understanding about Action
the welfare effects of 3. The Kinked Demand Curve
monopolistic and 4. Sales and Profit of
oligopolistic markets Oligopolies
5. The U.S. experience
6. Barriers to Entry
7. Welfare Effects of Oligopoly

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 PART C
COURSE REQUIREMENTS

GRADING CRITERIA
Final Grades of the students will be based from knowledge and understanding of the course which will constitute fifty percent (50%) of the final grade. The other
fifty percent will be based from the Assessment Result (Evaluation of the course outcomes)
Knowledge and understanding will be evaluated according to the following:
1. Examinations (Check-Up Examination, Preliminary Examination, Mid-Term Examination, Semi-Final Examination, and Final Examination);
2. Recitations (Preliminary Recitation, Mid-Term Recitation and Final Recitation);
3. Quizzes, and; Assignments
4. Including the laboratory experiments and laboratory report if the course has a laboratory component.

The final course grade will be computed according to the following formula:
PRELIM GRADE = Assignments (15%)+Quizzes (35%)+Exams (50%)/100 x 20+65
MIDTERM GRADE = Prelim Grade + (2*[Midterm Assignments + Midterm Quizzes + Midterm Exam]/3
FINAL GRADE = MG + (2*[TFG]/3+COA/2)

1. [(Knowledge and Understanding Result) x 0.50 [Assessment Result] x 0.50;

2. The passing standard shall be the grade of 50% but the student must have attended at least eighty percent (80%) of the total number of required
meeting of the course, and must have a rating of “competent” in all the Assessment Result; and
3. The table below shows a sample of the range of percentage marks and their corresponding equivalents.

PERCENTAGE GRADE LETTER DESCRIPTIVE FIVE POINT REMAKRS

GRADE RATING GRADING
96.50-100 A 1.0
Excellent Meets minimum competence with exceptional score
94.50-96.49 1.25
88.50-90.49 1.50
B Very Good Meets minimum competence with over and above average score
84.50-88.49 1.75
81.50-84.49 C Good 2.00 Meets minimum competence with above average score
79.50-81.49 2.25
D Satisfactory Meets minimum competence with average score
76.50-79.49 2.50
75.49-76.49 2.75
E Passed Meets minimum competence
74.49-75.00 3.00
0.00-73.49 F Failed 5.00 Does not meet the minimum competence

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COURSE POLICIES:

A. Attendance Procedure: Attendance will be taken at the beginning of each class. Students are expected to attend every class. Students are responsible
for all material covered during any absence and assignments must be completed by the due date for credit. The absence of more than twenty percent (<20%) of
the required number of meetings in lectures and/or laboratory will result in a “DROPPED” grade (DRP). Missed exams will require proof of extenuating
circumstances for any make-up consideration.

B. Absence due to Illness: If you are sick, DO NOT ATTEND THE CLASS. Contact the instructor by e-mail, telephone, or cell phone to discuss how you will
keep up with the coursework assignments and complete the Laboratory Experiments.

C. Methods of Instruction: Methods will include round-robin discussion and demonstrations that discuss key terms, concepts and formulae of the
assigned chapter. During the discussion, a quiz about the basic concepts of each chapter will be given. The student is expected to read one chapter and solve the
assigned problems each week. This will require an average of five hours of study outside of the classroom each week. The previously assigned problems will be
collected for grading and the solutions will be derived in class. This process is designed to help the student thoroughly understand the concepts and applications
of the material covered.

D. Academic Honesty: All students are expected to behave with academic honesty. It is not academically honest, for example, to misrepresent another
person’s words or ideas as one’s own, to take credit for someone else’s work or ideas, to copy and paste material from another document or from the internet,
to accept help on a test or to obtain advanced information or confidential test materials, or to act in a way that might harm another student’s chance for
academic success. When the instructor believes that a student has failed to maintain academic honesty, he or she may be given an “FAILED” grade, either for the
assignment, lab report, quiz, examination, or the course depending upon the severity of the offense.

Prepared by: DR. CRISTINA L. TAGURA Reviewed by: _____________________ Approved by:ENGR. RAUL B. GIRONELLA, SR.
Professor College Dean VP-Academic Affairs