UNIVERSITY OF SAINT ANTHONY

(Dr. Santiago G. Ortega Memorial)

City of Iriga

SCHOOL OF GRADUATE STUDIES AND RESEARCH

Name: Herlyn Mae C. Bautista Course: EDUC 237

Major: MAEd Admin and Supervision Professor: MA. Genoviva N. Quiano, PhD

ASYNCHRONOUS ACTIVITY 1

During our second online class, Dr. Quiano discussed the Institutional VMG and Departmental VMG with
us. I learned that the Institutional VMG focuses on the university as a whole, aiming to be a leader in
providing affordable quality education. Their goals include minimizing financial burden on students,
fostering a good workplace for staff, achieving program accreditation, and developing well-rounded
students. While the Department's VMG elaborates on the vision and mission of the Graduate School
specifically. They aim to be an institution that develops well-rounded professionals who are excellent
academics, socially responsible, and culturally aware. Their goals are focused on developing competent
professionals, innovative teaching methods, program accreditation, research relevant to the country's
needs, and expanding community service.

In short, both sections outline USANT's commitment to providing quality education, fostering well-rounded
professionals, and contributing to the community.

Dr. Quiano also discussed the following aspects of the Master of Arts in Education (MAEd) program:

I. Program Educational Objectives (PEOs)

These describe what the program hopes its graduates will achieve 3-5 years after graduation. They
emphasize developing effective educational leaders with strong research, communication, and ethical
values. They also highlight the expectation that graduates will contribute to the community and continue
their professional development.

II. Program Outcomes (POs)

These focus on the skills and knowledge students will gain by completing the MAEd program. They
emphasize research skills, critical thinking, curriculum development, technology integration,
communication, and professional relationships.

III. Course Learning Outcomes (CLOs) - (Example provided)

This section likely appears for each course within the MAEd program. It details the specific knowledge
and skills students will acquire by completing a particular course. The provided example for the
"Philosophy of Education" course highlights understanding the role of philosophy in education and the
different schools of thought.

IV. Course Description (Example provided)

This section, again likely provided for each course, describes the content covered. The provided example
for "School Finance" suggests the course will explore budgeting, funding sources, staffing, and policy
implications.

The Master of Arts in Education (MAEd) program is designed to cultivate well-rounded educational
leaders equipped with both a strong academic foundation and research expertise. The program places a
significant emphasis on honing essential skills like research, critical thinking, communication, and ethical
leadership. Graduates of the program are not only expected to excel in their roles but also to actively
contribute to the betterment of their communities and pursue lifelong professional development.

RESEARCH
(BASIC ECONOMIC CONCEPTS)

Economics is the study of how individuals, societies, and governments make choices under conditions of
scarcity. It explores how resources are allocated, goods and services are produced, and wealth is
distributed.

The Four Economic Resources: These are the fundamental building blocks of production: Land (natural
resources), Labor (human effort), Capital (produced goods used for further production), and
Entrepreneurship (the ability to organize resources).

Economics as a Science: While not an exact science like physics, economics uses scientific methods
to analyze data, develop theories, and test them through observation. Economic models help us
understand complex interactions and predict future trends.

Division of Economics: Economics is broadly divided into two main branches: Microeconomics focuses
on individual decision-making by consumers, firms, and markets, while Macroeconomics examines the
behavior of economies as a whole, including inflation, unemployment, and economic growth.

Microeconomics vs. Macroeconomics:

Microeconomics: This branch focuses on the behavior of individual actors in the economy - consumers,
firms, and markets. It examines how these actors make decisions, interact with each other, and determine
prices and quantities of specific goods and services. Activities can involve simulating market competition
or analyzing consumer behavior.
Macroeconomics: This branch takes a "big picture" approach, looking at the overall performance of the
economy. It focuses on issues like inflation, unemployment, economic growth, and national policies.
Students can analyze economic data and discuss its implications on the national economy.

Concepts of Economics: Scarcity is the core concept - our wants and needs are ever-increasing, but
resources are limited. Opportunity cost refers to the sacrifice made when choosing one option over
another. Opportunity Cost help students understand that every choice has a trade-off. Analyze real-world
examples of opportunity costs, such as choosing between buying a new phone or attending a concert.
Scarcity and Decision-Making introduce students to the concept of scarcity and how it shapes personal
and societal choices. Activities can involve role-playing resource allocation scenarios or budgeting
exercises.

Fundamental Economic Problems: Every society faces three main economic problems: 1) What to
produce (deciding which goods and services to create), 2) How to produce (determining the most efficient
production methods), and 3) For whom to produce (deciding who gets the goods and services produced).

Elements of Economics: Supply and Demand are fundamental forces that determine market prices.
Supply refers to the amount of a good or service producers are willing to sell at a given price, while
Demand refers to the amount consumers are willing to buy at a given price. These forces interact to
establish equilibrium price and quantity.

Supply and Demand: Demonstrate how these forces influence market prices through simulations or
games. Students can design and sell products, observing how price affects demand.

Economic Systems: Different economic systems answer the fundamental economic problems in
different ways. Common systems include capitalism (private ownership), socialism (state ownership), and
mixed economies (combination of private and public ownership).Economic Systems explore different
economic systems and their implications. Have students research and debate the advantages and
disadvantages of capitalism, socialism, and mixed economies.

Capitalism: Private ownership of businesses and resources drives the economy. Prices are determined
by supply and demand, and consumers have significant buying power.

Socialism: The state plays a dominant role, owning some industries or providing social welfare
programs. The goal is to achieve a more equitable distribution of wealth.

Mixed Economy: Combines elements of both capitalism and socialism. The private sector plays a major
role, but the government regulates certain industries and provides social safety nets.

By introducing these economic concepts in an engaging way, educators can equip students with a
valuable framework for understanding personal and societal decisions, market dynamics, and the different
ways economies are structured around the world.