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Laoag City

Basic Economics with TAR
1st semester, SY 2015-2016


Data Center College of the Philippines envision itself as one of the leaders in tertiary education in the country consistently producing graduates who are able
to participate actively in local, regional, and national development and who will be globally competitive to find employment here and abroad.


Pursuant to its vision, Data Center College of the Philippines is committed to nurture its physical, socio-cultural, and moral potentials of its students for their
total development as human beings, and to provide them with relevant and quality education in their fields of specialization to enable them to pursue competently
their chosen profession with honor and dignity.

Institutional Objectives

An unwavering advocacy for the rights of its students for quality and relevant education, Data Center College of the Philippines has adopted the following
1. To promote a culture of life-long learning
2. To provide adequate and state-of-the-art instructional materials and facilities
3. To developed globally competitive graduates who can help address the needs and problems of the region
4. To employ qualified and competent faculty members and to continuously motivate them to upgrade their qualifications
I. Degree Program: Bachelor of Science in Criminology
II. Course Code:
III. Course Title: Basic Economics with TAR
IV. Credit Units: 3 Total Number of hours: 54 Total Number of Hours per week : 3
V. Course Description

This course presents a general background of economics, the interaction of its various elements and its effect in general to peoples lives. Specifically, it provides an introduction to economics and
economic concepts in theory, policy and practice, with particular reference and emphasis to the Philippine economic experience. It also includes a general background of the laws of
taxation and agrarian reform.

VI. Course Objectives

To appreciate the importance of taxation as means of supporting the government in sustaining its programs and projects as opposed to common notion on taxation as a burden.
To realize the necessity for land reform program as means of states pursuit of social justice.
To instill in the students human values and cultural refinement through the humanities and social sciences.
To understand other political and governmental systems, their ideological basis and compare these with the Philippine system;
To understand the basis of the agrarian laws in the economic perspective and evaluate the significance of land reform to the landless poor.
To have critical studies and discussions of the basic economic principles and processes i.e. resources, market, money etc.
To describe and evaluate selected economic policies and issues in relation to how these affect the Filipino nation and the lives of the people.
To inculcate high ethical standards in the students through its integration in the learning activities.
To identify and internalize citizen's economic rights and responsibilities to develop their sense of nationalism and love of country


o Class Reporting
o Research Paper
o Interactive Discussion
o Exercises Method
o Group Activity
o Critical Reading

VIII- Methodology
The teaching methodologies to be used will be the lecture and discussion coupled with students participation.

Lecturing contents/ Tasks Time Expected outcome/ Values Formation Teaching Strategies Instructional Evaluation
Allotment Aids Techniques
I- Mission, Vision, Goals and 1 hour At the end of the lesson, the student Lecture Visual aids Class Participation
Objectives should be able to: Class Discussion (Posters, Info. Memorization
1. Memorize by heart the Mission, Question and Answer Bulletin,
Vision, of our institution and be Relating some others. Rules
able to state it in his own words samples and
2. Appreciate and internalize the Regulations
meaning of the schools MVGO Manual
3. Put into practice the values
learned from MVGO
II- Introduction to Basic Economics 8 hours At the end of the lesson, the students Class Discussion Books Class Participation
should be able to: Exercise Recitation
A. The Concept of Economics A case study on an Lecture Board Essay
1. Definition of Economics 1. Define Economics as a subject in economic phenomena Quizzes
2. Fundamental Economic social science and how scientific Laptop
Problem approach is employed Projector Prese4ntation of
3. Elements of Economics 2. Discuss the principles of Reaction Paper
4. .Relationship of Economics with Economics and show its Film showing
other Social Science subjects conformity to real life cases and
B. Divisions of Economics situations Documentary Films
1. Microeconomics - eye witness
2. Macroeconomics 3. Determine the scientific process - Phil 2000
of resolving the economic issues - Pobreng Pinoy
C. Fundamental Institutions of the and problems - Juan Tanga
Present Economic System
4. Use the scientific approaches in
D. Using the scientific approaches in solving economic problems and
solving economic problems. other issues
III- The Economic World 8 hours At the end of the lesson the student Lecture Books Class Participation
A. Different Economic Systems should be able to : Recitation Lecture Board Recitation
B. Mans Economic Needs, Resources Class Discussion Handout Quizzes
and Problems 1. Know issues that actually exist in Exercises
1. Land the economy Question and Answer
a. Kinds and Uses
b. Labor 2. Identify the available economic
c. Capital resources
d. Foreign Exchange
C. Four Fundamental economic 3. Be able to match this resources
Questions with needs in the solution of
1. What to produce? specific economic problems
2. How to produce?
3. How much to produce?
4. For whom to produce?

Preliminary Examination 1 hour 1. Use the theoretical and practical Pen and Test Test Paper Test Examination
knowledge and skills gained from Question Questionnaire
the previous lectures and
IV. Basic Principles in Microeconomics 17 hours At the end of the lesson the student Lecture Books Class participation
should be able to : Lecture Board Quizzes
A. Prices of Goods and Services Seatwork on plotting Handouts
1.Law of Demand 1. Define demand and supply demand and supply Graded Recitation
2.Law of Supply schedules
3.Law of Supply and Demand 2. Enumerate the determinants of Submission of
4. Profit Maximization demand and supply Exercises on worksheets found at
5. Analysis and Criticisms of the determining the the end of the chapter
Price System 3. Explain how demand and supply market price of the manual
affect consumers and producers.
B. Production Conduct survey form Submission of a
1. Factors of Production 4. Discuss the role and importance on the prices of written report of their
2. Law of Diminishing Returns of the price system. goods &services ocular visit in the
3. Cost of Production demanded on weekly market
4. Cost Minimization 5. Identify different types of market and monthly basis
C. Market Structures Slides presentation
1.Perfect Competition 6. Define the Factors of market and on different types of
2.Monopolistic Competition income distribution Markets
4.Monopoly 7. Enumerate and discuss different Ocular visit to a
types of Business organizations market Narration of
D .Factor Markets and Income marketing
Distribution experiences in any
market types or
1. Factor Payments structures
a. Wage
b. Rent
c. Interest
d. Profit
2. Income Distribution

E. Business Organizations

1. Single Proprietorship
2. Partnership
3. Corporations

1 hour 1. Use the theoretical and practical Pen and Test Test Paper Test Examination
Mid Term Examination knowledge and skills gained from the Question Questionnaire
previous lectures and discussions
VIII Basic Principles in 17 hours At the end of the lesson, the students Lecture Comparative Quizzes
Macroeconomics should be able to: Reporting analysis of any Graded recitation
A. National Income Accounts Discussion past significant Assignments
1. Measures of Income and Output Brainstorming year in
a. Gross National Product 1. Understand the a relationship Philippines
income approach between thetwo approaches in GNP statistics
expenditure approach computing the value of GNP and the current
service group approach one.
b. Net National Product
c. National Income Evaluative
d. Personal Income study of the
e. Disposable Personal Income 2. Discuss the value of money and results in the
f. Gross Domestic Product its influence to the various sectors comparative
of the economy. analysis done.
2. Nominal and Real GNP

2.1Price Indexes
a. Wholesale Price Index
b. Consumer Price Index
c. GNP Implicit Price Index

2. 2 Base Period

IX. Basic Taxation and Agrarian

Reform 3. Explain the importance of an Lecture
efficient tax collection system to Class
A. Definition of Taxation the delivery of health care service, discussion.
B. Importance & Function of Taxation economic welfare
C. Principles of Income Taxation
D. Classification of Taxes
E. Forms of Escape from Taxation
F. Computation of Taxes
G. Other Government 4. Understand the Phil Agrarian
Agrarian Reform and Land Reform
5. Explain how agrarian reform may
A. Meaning of Land Reform be viewed as a development tool
B. Meaning of Agrarian Reform of growth and equity
C. Components of Agrarian Reform
D. Aspects of Agrarian Reform 6. Evaluate the features of CARP as
E. RA 6657 or Comprehensive Agrarian a program to alleviate poverty
Reform Program among rural poor households
1. Need for CARPB. Objectives of
(ComprehensiveAgrarian Reform
1 hour 1. Use the theoretical and practical Pen and Test Test Paper Test Examination
Final Examination knowledge and skills gained from Question Questionnaire
the previous lectures and


De Leon, Hector, Agrarian Reform

Castillo, Victor, Principles of Economics
Brown, Clayton, Economics Principles and Practices
Asian Development Outlook 2000

Prepared by: