IFUGAO STATE UNIVERSITY

COLLEGE OF COMPUTER SCIENCE

COURSE OUTLINE
1ST Semester 2018-2019

I. Course Code : SSE 109

II. Course Title : Macro Economics

III. Credit Units : 3 units

IV. Course Description:

This is a 3-unit major course required for all
students enrolled in secondary education major in Social
Studies.
This course is designed to understand the cause
and effects of inflation, unemployment, fiscal and
monetary policies, modes of taxation, international
trade, national income, Gross National Policy, Gross
Domestic Policy and consumer development index.
It focuses on the significance of Economics as a means for students to
reflect what life may bring in their present situation and to devise what
measures they could undertake for the unpredictable future.

V. Learning Outcomes
1. demonstrate comprehensive knowledge and understanding on the basic
economic principles and processes; macro-economic issues; fiscal and monetary
policies; laws and modes of taxation; gross national and domestic policies;
2. demonstrate competence in applying the relevance of economic concepts and
principles in enhancing their economic life;
3. present the mechanics and institution of international trade and their impact to
macro economy;
4. Manifest in-depth appreciation and support to the government on sustaining its
programs and projects through taxes;
5. Appraise selected economic policies and issues in relation to how these affect the
Filipino nation and the lives of the people; and
6. Manifest nationalism and love of country through internalizing citizen’s economic
rights and responsibilities.

VI. Course Content

PRELIMINARIES
 Vision, Mission, Goals and Objectives of the University and the College
 Course Outline
 Course Expectations and requirements
 Economic Issues

I. BASIC ECONOMICS CONCEPTS AND PRINCIPLES

- Economics defined
- Concerns of Economics
- Relations of Economics to other Sciences
- Importance of studying economics
- Brief history of economics
- Principles of economics/Economic Thinking
II. MICROECONOMICS AND MACROECONOMICS
III. MACRO ECONOMICS FUNDAMENTALS
- Circular flow model
- The government and the economy
- Economic functions of the government
- Tools of government
- Concepts and definitions:
- nominal vs real values
- positive vs negative
IV. MEASURING ECONOMY’S PERFORMANCE
National Income
GNP
GDP:
- Approaches
- Shortcomings
Consumption, savings and investments
V. FISCAL AND MONETARY POLICIES
- Fiscal policy
- Monetary policy

VI. MONEY AND FINANCIAL INSTITUIONS

Money
- definitions
- functions
- evolution
- characteristics
- the Philippine Peso
Financial institutions
Central Bank

VII. INTERNATIONAL TRADE

VIII. MACRO ECONOMIC ISSUES

- Inflation
- Poverty
- Unemployment
- External debt problem
- economic growth
- environment and development

VII. Grading System

Midterm Grade (MTG) = 2/3 (CS) + 1/3 (ME)

Tentative Final Grade (TFG) = 2/3 (CS) + 1/3 (FE)

Final Grade (FG) = 2/3 (TFG) + 1/3 (MTG)

VIII. References

Anonymous (n.d). Market Structure Meaning and its Characteristics. Retrieved from
http://www.yourarticlelibrary.com/economics/market/market-
structure-meaning-characteristics-and-forms-economics/28736/

Banes, L.P. (2016). Principles of economics with taxation, agrarian reform and
cooperatives. Intramuros, Manila: Mindshape Co., Inc.

Cemine, V.J. (n.d). Taxation. Retrieved from www.slideshare.com.

De Guzman, R.D., et al. (2013). General economics, taxation and agrarian reform.
 Gabay, B.K., et al. (2012). Economics. Concepts and principles (with agrarian reform
and taxation). Sampaloc, Manila: Rex Book Store, Inc.

Karen (n.d). Agrarian Reform in the Philippines. Retrieved from

www.slideshare.com

Mankiw (n.d). Principles of Economics. Retrieved from

http://www.swlearning.com/economics/mankiw/principles2e/principles.h
tml

Marcelino, R. B., et al. (2015). Principles of economics with taxation and agrarian
reform) Simplified. Mandaluyong City: National Book Store

IX. Course Requirements

Attendance
Group participation
Written and oral examinations
Reaction and reflection papers on Economics Issues and articles
Individual/Group Reporting

X. Classroom Policies

1. Students are required to attend the class on time. Attending the class beyond the 15
minutes will be considered absent.
2. Three (3) accumulated late will be counted as one (1) absence while committing five (5)
unexcused absences for TTH schedules or seven (7) unexcused absences for MWF
schedules will be considered dropped.
3. For an excuse absence, the student is required to provide an excuse slip before entering
the class.
4. Students are required to submit requirements and projects on time. Late submission
will be sanctioned accordingly.
5. Cellphones are not allowed to be used in the class unless otherwise allowed by the
teacher for some relevant classroom activities. Cellphones will be confiscated from those
students caught using their cellphone without the teacher’s permission and will be
returned on the last day of Final Exam.
6. No permit, No Exam Policy will be observed as mandated by the school administrators.
Students are allowed to take special examination upon presenting their examination
permit but only during midterm and final examinations.

Prepared by:

MICHELE JAYMALIN-DULAY, PhD.

Faculty