COURSE SYLLABUS
COLLEGE OF BUSINESS AND MANAGEMENT
IFUGAO STATE UNIVERSITY
VISION
A globally recognized University upholding
excellence amidst rich cultural heritage
MISSION
Produce employable graduates who are
morally upright, socially and culturally
responsible professionals through quality,
relevant, and innovative instruction, research,
extension, and resource generation
GOALS
Goal 1. Academic excellence
Objectives:
1. To assure quality of programs
2. To ensure effective student lifecycle
management and career development
3. To Provide unique and lifelong learning
experience in the entire student lifecycle
4. To integrate internationalization perspective
towards global connectedness
5. To strengthen student welfare services for a
successful academic formation of students
6. To integrate Indigenous Knowledge,
System and Practices (IKSP) in the
academic programs to intensify
conservation of the rich cultural heritage
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2nd Term; Academic Year 2020-2021
COLLEGE OF BUSINESS &
Course Code : MBA 203 MANAGEMENT
Course Title : MANAGERIAL ECONOMICS
VISION
Credit Units : 3
The College of Business and Management
Course Description: envisions to be an academic center of
excellence.
The course focuses on the basic economic concepts and principles
as applied to business situations. The course will provide students
MISSION
with a working knowledge and skills of how consumers, firms and
industries behave in a complex macroeconomic To provide competitive education in the
environment, thus helping them arrive at rational, optimal, and field of business and management through
efficient choices. It delves into Microeconomic concepts such as: blended learning.
scarcity, opportunity costs, marginal analysis, and efficiency; and
Macroeconomic concepts: GDP and GNP, employment and
unemployment, inflation and deflation, balance of payments and
GOAL
foreign exchange rates. These micro and macro concepts are
The College of Business and Management
integrated into a framework that will assist business leaders and
aims to produce responsible, productive
managers in coping with the challenges arising from changes in a
and globally competitive graduates who are
competitive business environment.
equipped with entrepreneurial and
managerial skills that would enable them to
establish industrially-viable projects for
economic sustainability.
 Goal 2. Strong research leadership and culture PROGRAM OBJECTIVES
Objectives: I. Course Outcomes
1. To establish a strong brand and strengthen The graduates of Bachelor of Science in
image building of IFSU as a research leader Business Administration:
2. To intensify conduct of research and The students will be able to:
dissemination of RD outputs 1. Demonstrate an understanding on the application of 1. Demonstrates knowledge and
3. To intensify conservation of the rich cultural macroeconomic and microeconomic principles. skills in Marketing Management,
heritage 2. Appraise various models of how markets are organized, and Financial Management and
Goal 3. Sustainable extension and community the price and output decisions in profit maximization. Human Resource Management;
engagement 3. Apply economic tools and theories in analyzing consumer 2. Exhibits strong economic, social,
Objectives: behavior through demand and supply, elasticity and moral and aesthetic values in the
1. To package and transfer knowledge and marginal utility.
technologies relevant to the needs of the clientele corporate world;
2. To create a widely shared organizational culture 3. Generates industry-related
that encourages, promotes, and rewards technologies through relevant
extension and community engagements II. Grading System
research and development
3. To establish/strengthen/sustain linkages with
LGUs, industries, and other organizations/ Participation in Class Discussion: 20% undertakings and
stakeholders for resource sharing, extension Course Requirements: 50% 4. Engages in wholesome
program, and service complementation Examination: 20% entrepreneurial activities.
Goal 4. Excellent public service and good III. Course Requirement
governance
Objectives: PROGRAM OUTCOMES
1. Journal critique of business organizations
1. To ensure efficient, transparent and accountable The graduates of Bachelor of Science in
delivery of administrative services 2. Problem Solving
Business Administration:
2. To forge strong network system and resource-
sharing through collaborative activities 1. Analyze the business environment for
conducted regularly strategic direction;
3. To strengthen the university’s local and
2. Prepare operational plans;
international visibility
4. To enhance efficiency in resource generation 3. Innovate business ideas on emerging
and mobilization industry;
5. To upgrade the competencies and capabilities 4. Manage a strategic business unit for
of human resources
6. To technologize front line services and other
economic sustainability; and
services of the University 5. Manage contemporary issues arising
7. To ensure a clean, green, safe, and GAD- within the organization
responsive University environment
8. To intensify conservation of the rich cultural
heritage integrating culture in the administrative
and support services

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VIII. LEARNING ACTIVITY PLAN

Teaching &
Learning Outcomes Allotted Assessment
Course Contents Topics Learning Resources
The students will hours Tasks
Strategies
1. Discuss the VMGO 2 hrs  VMGO Individual sharing Recitation Power point
contribution of the Preliminaries  College VMG presentation
course in the  BSBA Program
attainment of the Outcomes
University and  Classroom Rules
College VMGO and Regulations
 Grading System
Course Requirement

Describe the circular Chapter 1. 3 hrs  Why study Lecture-

flow model and how Economics? discussion using
each sector plays a The Fundamentals of PowerPoint Circular Flow
role in economic Managerial Economics  Managerial presentation Economic activity
activity Economics
 Nature of Independent PowerPoint
Differentiate Managerial learning through Review Presentation &
demand from supply modules provided Questions on the Module
Economics
elasticity. Fundamentals of
 Circular flow of Managerial
Explain the factors economic activity Economics
influencing the  Objectives of the
elasticity of supply firm
in the market.

explain the concept Chapter 2. 4 hrs  Law of demand Lecture-

of income elasticity  Determinants of discussion using
of demand and Demand Analysis demand PowerPoint
discuss the presentation
importance of
 Types of demand Problem set PowerPoint
income elasticity of  Exceptional Presentation &
demand for a demand curve Problem solving Review Module:
business firm;  Elasticity of Questions on
demand Demand Analysis
Discuss the  Price elasticity
significance of
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elasticity of demand  Income elasticity
in managerial  Cross elasticity
decision making;
 Demand
Explain the
forecasting
consumer survey
method and discuss
the merits and
demerits of complete
enumeration method
and sample survey
method.

Collect relevant data Chapter 3. 3 hrs

and derive a supply
curve of an Supply Analysis  Law of supply
organization
 Determinants of
Lecture- Problem set
Discuss the different supply discussion using PowerPoint
types of supply  Elasticity of supply PowerPoint Review Presentation &
elasticity  Factors influencing presentation Questions on Module:
supply Supply Analysis
Explain the factors
influencing the Problem solving
elasticity of supply in
the market
discuss the Chapter 4. 6 hrs  Factors of
managerial uses of production
the production Production Analysis  Production function Lecture-
function; discussion using Journal Critic
 Cobb-Douglas PowerPoint PowerPoint
production function presentation Review Presentation &
explain the Law of  The law of Questions on Module:
variable diminishing returns Journal Critic Production
proportions; and  Law of returns to Analysis Journal Articles
scale
discuss the concept  Iso-quant curve
of returns to scale;
 Expansion path
and increasing and

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decreasing returns
to scale.
Chapter 5: 6 hrs  Cost of
discuss opportunity
determinants
cost and give an Cost Analysis  Types of cost
example; Lecture-
 Short run cost discussion using Problem analysis PowerPoint
explain briefly the output relationship PowerPoint Presentation &
various types of costs  Cost output presentation Journal Critic Module:
with suitable relationship in the
examples;
long run Review Sample
distinguish between  Economies of Problem analysis Questions on problems
economies of scale scale / Cost Analysis
Journal Critic
and diseconomies diseconomies of
of scale using scale
graphs.  Factors causing
economies of
scale
 Break-Even
Analysis
discuss the types of Chapter 6: 3 hrs  Types of risks
risks faced by a Lecture- PowerPoint
Analysis of Risk and  Managers attitude discussion using Cases Analysis Presentation &
business firm; towards risk
Uncertainty PowerPoint Module:
 Decisions under presentation Review
explain the uncertainty Questions on Sample
manager’s attitude Problem analysis Cost Analysis problems
towards risk; and
Journal Critic
critically examine the
Maximin criteria for
decision making
under uncertainty

explain the different Chapter 7: 3 hrs  Types of market

types of markets  Perfect market
using examples; Market Structure
 Pricing under
illustrate graphically perfect market Lecture- Review PowerPoint
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how an individual  Shutdown point discussion using Questions on Presentation &
firm attains  Monopoly market PowerPoint Market Structure Module
equilibrium under presentation
 Profit maximization
perfect under monopoly Problem analysis Case Analysis
competition; and market
 Monopolistic
explain how the price competition
and output behaves  Oligopoly market
in perfect
competition  Kinked demand
curve
 Price
discrimination

discuss how the Chapter 8: 6 hrs  Objectives of

national account of a Economic policies Lecture- PowerPoint
country affects the Macroeconomics discussion using Review Presentation &
decisions of the  National income PowerPoint Questions on Module:
manager of a firm; concepts presentation Macroeconomics
 Approaches to Sample cases
explain the calculate national Problem analysis Journal Critic
relationship between
income Journal Critic
GDP and savings Problem solving
and investment of a  Factors
country; determining
national income
explain the
managerial uses of
 Difficulties in
knowing measuring national
macroeconomic income
indicators of a  Economic
country. indicators
explain briefly the Chapter 9: 3 hrs  Employment and
major types of unemployment Lecture- Review PowerPoint
unemployment Employment and concepts discussion using Questions on Presentation &
existing in the Unemployment PowerPoint Employment and Module
 Types of
Philippines; presentation Unemployment
discuss the global unemployment

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trend and projection  Projection of Journal Critic
on employment and employment and
unemployment; unemployment of Case Analysis
the Philippines and
explain the
the world
managerial decisions
on employment that  Technology and
the student would employment
like to take in their
organization.

explain various Chapter 10: 3 hrs  Business cycle

phases of the Lecture- Review PowerPoint
business cycle; The Business Cycle  Characteristic discussion using Questions on Presentation &
features of PowerPoint Employment and Module
analyze on how the business cycle presentation Unemployment
theories on business  Various phases of
cycle affect your a business cycle Case Analysis Case Analysis
organization; and
 Theories on
elucidate the business cycle
managerial uses of
business cycle

discuss the major Chapter 11: 3 hrs  Inflation

factors influencing Lecture- Review PowerPoint
 Types of inflation
inflation in the Inflation discussion using Questions on Presentation &
Philippines;  Effects of inflation PowerPoint Employment and Module
presentation Unemployment
 Methods of
explain the effects controlling inflation Case Analysis Case Analysis
of inflation on
various groups of
people in the
society;

discuss the causes

and control
measures of the

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 inflation.

explain the major Chapter 12: 3 hrs  Monetary policy

instruments of Lecture- Review PowerPoint
monetary policy of Monetary Policy  Objectives of discussion using Questions on Presentation &
our country; monetary policy of PowerPoint Employment and Module
the Philippines presentation Unemployment
discuss the current  Instruments of
monetary policy of monetary policy Case Analysis Case Analysis
the Philippines.
 Limitations of
monetary policy
explain the Chapter 13: 3 hrs  Fiscal policy
instruments of fiscal Lecture- Review PowerPoint
policy; Fiscal Policy  Objectives of fiscal discussion using Questions on Presentation &
policy of the PowerPoint Employment and Module
discuss the central Philippines presentation Unemployment
outlay by major  Tax proposals
sectors of the Case Analysis Case Analysis
Philippines; and  Receipts and
expenditure of the
discuss the current government of the
receipts and Philippines
expenditure of
central government
of the Philippines
3 hrs FINAL EXAM

IX. References (APA format 7th edition/latest edition)

A. Books
1. Dornbusch, Rudiger; Fischer, Stanly and Startz., Richard Macroeconomics. 13th Edition. McGraw-Hill 2017
2. Greene, Cynthia,, Entrepreneurship, Andover, 2016
3. Inigo, Conrado E., Management for Filipinos, Quezon City, 2014

4. Mankiw, Gregory. Macroeconomics. 10th Edition. Worth Publishers. 2019

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 5. Medina, Roberto G., Business Organization and Management, Rex Book Store, 2015
6. Todaro, Michael and Smith, Stephen. Economic Development. 12th edition. Pearson Publishing. 2015

B. Instructional Materials
7. Dait, JMSG. Managerial Economics. Ifugao State University, Lagawe, Ifugao

Prepared by: Checked by: Reviewed by

JENNIFER MADONNA G. DAIT CLIENT WILLIAM M. MALINAO JENNIFER MADONNA G. DAIT

Instructor Program Chair Dean, College of Business and Management

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