Endorsement Slip

Date: July 15, 2020

Admin/ Registrar:

Please acknowledge this module in MANAGERIAL ECONOMICS for mass production

(back to back on long size paper) and for distribution to students in the specified sections
below.

Section/s No. of Students

BSA/BSAIS/BSAT- 1st Year

ELVIRA P. LLANES, EdD

Dean

1
 Republic of the Philippines
Commission on Higher Education
ST. VINCENT COLLEGE OF CABUYAO
Mamatid, City of Cabuyao, Laguna

Code: ACC1102 (Managerial Economics)

Course: First Year- BSA/BSAIS/BSAT

Prepared by:

FRITZ A. PEREZ, CPA, CTT, MRITax

College Professor

Approved:

ELVIRA P. LLANES, EdD

Dean

Dear Student:

Please create FB Messenger Account with your complete name (Last Name, First Name MI). Then, contact your teacher using
the account below so he/she can add you to his group/class before the class schedule.

Your Teacher’s FB Messenger Account: Fritz A. Perez (0923-089-1868)

Your Teacher’s GMAIL Account: fperezcpaacademe@gmail.com

2
 Module # 1
Introduction to Economics

3
4
5
6
7
8
9
10
11
12
13
14
15
 Module # 2
Economic Models and Economic Policies

16
17
18
19
20
21
22
23
24
 Module # 3
Law on Demand and Supply

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
 Module # 4
Elasticity Concept

43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
 Modular Test #1

Name: Score:
Professor: Sir Fritz A. Perez, CPA, CTT, MRITax Date:

Identify the following:

1. Three important phrases in Economics definition

a.
b.
c.

2. Nearest word to describe Economics

a.

3. (Economics) Greek words and its translation

a.
b.

4. Father of Modern Economics

a.

5. Division of Economics
a.
b.

6. Classification of Goods
a.
b.
c.
d.

7. Characteristics of Human Wants

a.
b.

8. Characteristics of Human Needs

a.
b.

9. Types of Resources
a.
b.

10. Is money a human need or human want?

(Explain in 2 sentence only)

62
 Modular Test #2

Name: Score:
Professor: Sir Fritz A. Perez, CPA, CTT, MRITax Date:

Enumerate the following and give its definition in one phrase or sentence only.

1. (4) Classifications of Resources (Inputs of Production)

2. (3) Basic Economic Problems

3. (3) Models of Economic Models

4. (3) Tools of Economics

5. (2) Sub-classification of Economics

63
 Modular Test #3

Name: Score:
Professor: Sir Fritz A. Perez, CPA, CTT, MRITax Date:

LAW ON DEMANDS AND ITS DETERMINANTS

Write “#Laban Pa!” if the word indicates a direct relationship and

“#Moving on” if indirect.

Determinants Answer

1. Price of the product

2. Income of the buyers

3. Customs and Tradition

4. Season

5. Price Expectation

6. No. of Consumers or Population

7. Tastes and Preferences

8. Promotion and Advertisements

9. Religion

10.Fashion and Fad

11.Price of Related Product - Substitute

12.Price of Related Product - Complementary

64
 Modular Test #4

Name: Score:
Professor: Sir Fritz A. Perez, CPA, CTT, MRITax Date:

LAW ON SUPPLY AND ITS DETERMINANTS

Write “#Laban Pa!” if the word indicates a direct relationship and

“#Moving on” if indirect.

Determinants Answer

1. Price of the product

2. Cost of Production

3. Availability of Raw Materials

4. Technology

5. Number of Sellers

6. Price Expectation

7. Taxes and Subsidies

8. Prices of other products

65
 Modular Test #5

Name: Score:
Professor: Sir Fritz A. Perez, CPA, CTT, MRITax Date:

EQUILIBRIUM AND ITS GRAPH

Use the following demand and supply equations:

Qd = 100 – 20P and Qs = 10 + 25P

1. Complete the Table

Price Quantity Quantity Surplus Shortage

Demanded Supplied
0.50 90
1.00 80
1.50 70
2.00 60
2.50 50

2. Compute for the following:

 Equilibrium Price: _______________

 Equilibrium Price: _______________

3. Plot the demand and supply points on the graphing paper and indicate
the equilibrium point.

66
67