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INTRODUCTION TO ECONOMICS
WITH TAXATION AND AGRARIAN REFORM
Prerequisite: Math 1 (College Algebra)
The course introduces the basic principles of market economy
dynamicsand how resources are allocated by individual decisionmaking units. It also focuses on the determination and analysis of
national income accounts, inflation, unemployment and trade and their
impact to societal growth. Towards the end of the course, it
tacklesPhilippine agrarian reform and taxation concepts.
ECON 101. BASIC MICROECONOMICS
Prerequisite: SocSci 201 (Principles of Economics with TAR)
This is a fundamental course in economics which deals with the
economic behavior of individual units: consumers, firms, and resources
owners. It develops the understanding of the workings of the price
system and the analysis of the market behavior under different
competitive market structures. It stresses the role of competitive
markets in the promotion of economic efficiency and the effects of
government intervention in the marketplace.
ECON 1. BASIC MACROECONOMICS
Prerequisite: SocSci 201 (Principles of Economics with TAR)
This considers the economy in its major aggregates that mirrors the
performance of a country. It looks upon the functioning of the goods and
assets markets, further through the dynamic model of aggregate
demand and aggregate supply, and policy which affect the economic
flows of resources as well as, income, savings, investment, taxes, trade.
ECON 2. HISTORY OF ECONOMIC THOUGHT
Prerequisite: SocSci 201 (Principles of Economics with TAR)
This course is primarily concerned with the development of economic
theories and doctrine from ancient world to the modern world. It
particularly aims to familiarize the students with the history of economic
theories development and explain why and how the views and
intellectual insights of great economists influence contemporary policy.
ECON 3. ADVANCED MICROECONOMICS
Prerequisite: Econ 101 (Basic Microeconomics)
This course covers advanced topics in Microeconomics.
ECON 4. ADVANCED MACROECONOMICS
Prerequisite: Econ 1 (Basic Macroeconomics)
This course is a more elaborate discussion on the workings of the
economy in the aggregate. Topics for discussion include national
income theory, money, taxation and public expenditure, employment,
the price level and international trade and payments.
ECON 5. INTERNATIONAL ECONOMICS
Prerequisites: Econ 101/Econ1/Econ3/Econ4/Math II (Business
Statistics)
A study specialization that applies both macroeconomic and
microeconomic principles to international trade and to international
finance. International economics deals with the economic interactions in
the global economy. Often this interaction is viewed in terms of the
domestic economy and the foreign sector.
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