LNU-AA-30-00-01-20

LYCEUM-NORTHWSTERN UNIVERSITY
Dagupan City

COLLEGE OF BUSINESS EDUCATION

COURSE GUIDE

Course Title/Code : Managerial Economics CAE8 Academic Year : 2020 – 2021

Name of Faculty : Mrs. Mariel Karen Francesca O. Aquino, MBA Semester : First
Instructor’s Email : aquino.marielkaren.o@lyceum.edu.ph Class Schedule : MWF 8:00 – 9:00 AM
Course Credit : Lecture = 3 units Contact Number : 0932-3123-275
Prerequisite : None Online Consultation Hours : F 3:00 – 4:00 PM
Google Classroom code: mocd2sl | 2m7du

Course Description:

This course presents concepts and principles from the perspective of managerial economics. Emphasis is placed upon the importance of critical evaluation of different choices in
coming up with managerial decisions in business. The course is designed such that students may understand microeconomics in a multidisciplinary manner, taking into
consideration the legal, political, social environments among others. Learners are expected to grasp the underlying concepts, understand their relationships, analyze their effects
on firms and markets, ultimately be able to apply them in real-world situations. Topics include key measures of a business operation, demand and pricing, production and its
related costs, economics of organization, market equilibrium, market structure, and market regulations.

Program Outcomes:
1. Apply key theories, models and application within the business context.
2. Demonstrate critical thinking skills in business related situations.
3. Employ empirical approaches to planning and decision-making using quantitative reporting mechanisms.
4. Demonstrate written and oral skills appropriate for business communication.
5. Analyze business and organizational situations using ethical approaches to decision making.
6. Technology orientation to apply technology to enable business growth, development and sustainability.

Course Outcomes:
1. Apply knowledge of computing, science and mathematics appropriate to the discipline.
2. Understand best practices and standards and their applications.
3. Apply knowledge through the use of current techniques, skills, tools and practices necessary for the IT profession.
Introduction:

This Course Guide for Economic Development covers the scope and sequence of most introductory microeconomics courses. The text includes many current examples, which
are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts
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General Guidelines:

This section tells you the general guidelines for completing this Course Guide. For specific guidelines and information, kindly review your student manual or your module guide (if
applicable).

1. The class code for Google Classroom specific for this course is to be given by your instructor during the class orientation.
2. Schedule properly your reading assignments and your activity accomplishments.
3. Make sure that you do things one at a time. Read the materials and watch the videos over and over until you are able to get the point of the lesson
4. You will be assessed through formative and summative methods. Kindly see requirements section at the end of this Course Guide.
5. You are expected to submit your activities/ exams on the dates indicated in this Course Guide. Late submission of activities/ exams will be dealt based on classroom
policies.
6. Your scores for assignments will be notified to you throughout your period of study.
7. You can learn a great deal from discussing aspects of your Course Guide with others. Opinions and insights formed while discussing with other people are no less
valuable than those you form while reading books or listening to lectures. There’s nothing wrong in discussing with your classmates but it should be done before you begin
your individual activities. But when you sit down and do individual activities you are expected to work alone and not to use the work of others (in its entirety or in part) as if
it is your own.
8. The instructor checks your assignments against the work of other students and against internet sources and other published material. If you submit an assignment that
contains work that is not your own without proper referencing and claiming the work of other as your own, you are committing plagiarism. Plagiarism is a form of academic
dishonesty punishable by several guidelines (See student handbook).
9. If you have concerns, kindly communicate with your instructor using the contact information given in this Course Guide.
10. If it is not possible to participate in an online discussion due to internet problems, just save your answers in a digitized format in a USB flash drive then send it thru courier
at Lyceum-Northwestern University College of Information and Computing Science, Tapuac District, Dagupan City, Pangasinan or drop it thru the designated drop-boxes
at the university.

Course Outline:

Week Topic
Week 1 Class Orientation
August 17, 2021
Unit 1 Introduction to Managerial Economics
Week 1: August 16-
20, 2021 Welcome to Economics
Week 2 Microeconomics and Macroeconomics
August 23- 27, 2021
Week 3: August 30 - Production, Cost & Industry Structure
September 3, 2021,
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Week 4: September Perfect Competition

6-10, 2021
Week 5: September Preliminary Exam
13-17
Unit 2 Monopoly and Competition

Week 6: September Monopoly

20-24, 2021
Week 7: September How a Profit-Maximizing Monopoly Chooses Output and Price
27- October 1
Week 8: October 4-8 Monopolistic Competition and Oligopoly

Week 9: October 11- Midterm Exam

15
Unit 3
Monopoly and Anti-trust Policy
Week 10: October Monopoly and Antitrust Policy
18-22
Week 11: October The Economics of Pollution
25- 29
Week 12: November Market-Oriented Environmental Tools
3- 5
Week 13: Voter Participation and Costs of Elections
November 8-12
Week 14: November
15-19 Semi-finals Exam
Unit 4
Public Economy and International Trade
Week 15: November Special Interest in Politics
22-26
Week 16: November What Happens When a Country Has an Absolute Advantage in All Goods?
29 -December 3
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Week 17: December The Benefits of Reducing Barriers to International Trade

6 - 10
Week 18: December
13 -17 Final exams

Study Schedule (ASSURE Model)

Week Topic Learning Outcomes Activities
August 24, 2021 Class Orientation Join the online session using Google Meet
Unit 1 – Introduction to Managerial Economics
Week 1: August 16-20, Topic 1: The Role of Statistics and Introduction to Spreadsheet
2021 After completing this study guide, you will A – Analyze the Learners
be able to: 1. The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
 Discuss the importance of studying
economics S – State Standards or Objectives
Please see topic learning outcomes
 Explain the relationship between
production and division of labor
S – Select Strategies
 Evaluate the significance of scarcity The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

1. Read your textbook ((Principles of Mircroeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 9-18
2. After reading your notes you should be able to answer the following guide questions:
 What is division of labor?
 How important is economics?
3. Scan QR Code in Study Guide
4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on August 26 2021 at 1:00 PM using
Google Meet.
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Week 2: August 23- 27, Topic 2: Microeconomics and Macroeconomics
2021
After completing this study guide, you
will be able to:
 Describe microeconomics
 Describe macroeconomics
R – Require Learner Participation
1. Group activity
a. Group with 3 of your classmates
b. Choose one Critical Thinking Question on your textbook, page 25. Taken
questions should not be repeated by other groups. Post the desired question in
an Online Forum in Google Classroom.
c. Share it in class via Google Meet next meeting.
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on August 28,
2021 at 1:00 PM.
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third
year. All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
U – Utilize Technology, Media and Materials
1. Read your textbook Principles of Mircroeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 9-18
2. After reading your notes you should be able to answer the following guide questions:
 What is Microeconomics?
 Differentiate Microeconomics from Macroeconomics
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Week 3: August 30 - Topic 3: Production, Cost & Industry Structure
September 3, 2021
After completing this study guide, you will
be able to:
• Explain the difference between explicit
costs and implicit costs
• Understand the relationship between
cost and revenue
• Understand the concept of a
production function
• Differentiate between the different
types of inputs or factors in a production
function
3. Scan QR Code in Study Guide
4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on September 2, 2021 at 1:00 PM using
Google Meet.
R – Require Learner Participation
a. Group with 3 of your classmates.
b. Choose one Critical Thinking Question on your textbook, page 25. Taken questions
should not be repeated by other groups. Post the desired question in an Online Forum
in Google Classroom
c. Share it in class via Google Meet
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on September 4,
2021 at 1:00 PM.
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third
year. All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
U – Utilize Technology, Media and Materials
1. Read your textbook (Principles of Mircroeconomics for AP, by Steven A. Greenlaw &
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Week 4: Topic 4: Perfect Competition
September 6-10, 2021
After completing this study guide, you
will be able to:
1. Explain the characteristics of a
perfectly competitive market
2. Calculate profits by comparing total
revenue and total cost
3. Identify profits and losses with the
average cost curve
4. Explain the shutdown point
5. Explain how entry and exit lead to
zero profits in the long run
6. Discuss the long-run adjustment
David Shapiro, 2017, page 163-180).
2. After reading your book you should be able to answer the following guide questions:
 What are explicit and implicit costs?
 Would you consider an interest payment on a loan to a firm an explicit or implicit cost?
 What is the difference between accounting and economic profit?
3. Scan QR Code in Study Guide
4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on September 7, 2021 at 1:00 PM using
Google Meet.
R – Require Learner Participation
a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #30 on your textbook, page 193.
c. Share it in class via Google Meet.
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on September
11, 2021 at 1:00 PM.
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third
year. All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
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U – Utilize Technology, Media and Materials

1. Read your textbook Principles of Mircroeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 195- 214.

2. After reading your book you should be able to answer the following guide questions:

 What is perfect competition?

 Differentiate Marginal Revenue from Marginal Costs

3. Scan QR Code in Study Guide

4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on September 14, 2021 at 1:00 PM using
Google Meet.
process

R – Require Learner Participation

a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #30 on your textbook, page 220.
c. Share it in class via Google Meet.

E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on September
16, 2021 at 1:00 PM.

Answer the 70-item exam that will be posted in the Exam.net

September 13-17 Preliminary Exam
Start Time: 1:00 PM | Due Time: 2:00 PM
Unit 2: Monopoly and Competition
Week 6: Topic 1: Monopoly
September 20-24, 2021 After completing this study guide, you A – Analyze the Learners
will be able to: 1. The students in this class are from College of Business Education who are third
year. All of the learners agreed to meet synchronously once a week.
1. Distinguish between a natural
monopoly and a legal monopoly. S – State Standards or Objectives
Please see topic learning outcomes
2. Explain how economies of scale and
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S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

2. Read your textbook (Principles of Microeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 223-228).
3. After reading your learning materials you should be able to answer the following guide
questions:

 What is natural monopoly? How is it different from legal monopoly?

4. Scan QR Code in Study Guide

the control of natural resources led to
the necessary formation of legal
monopolies
3. Analyze the importance of
trademarks and patents in promoting
innovation
4. Identify examples of predatory
pricing
5. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
6. Attend the online class lecture on this topic on September 23, 2021 at 1:00 PM using
Google Meet.
R – Require Learner Participation
a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #25 on your textbook, page 241.
c. Share it in class via Google Meet.

E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on September
25, 2021 at 1:00 PM.

Week 7:September 27- Topic 2: How a Profit-Maximizing Monopoloy Chooses Output and Price
October 1, 2021
After completing this study guide, you A – Analyze the Learners
will be able to: 1. The students in this class are from College of Business Education who are third
year. All of the learners agreed to meet synchronously once a week.
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1. Explain the perceived demand curve
for a perfect competitor and a
monopoly
2. Analyze a demand curve for a
monopoly and determine the output
that maximizes profit and revenue
3. Calculate marginal revenue and
marginal cost
4. Explain allocative efficiency as it
pertains to the efficiency of a
monopoly
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
U – Utilize Technology, Media and Materials
6. Read Principles of Microeconomics for AP, by Steven A. Greenlaw & David Shapiro,
2017, page 223-228).
7. After reading your notes you should be able to answer the following guide questions:
 What is the difference between perceived demand and market demand?
8. Watch YouTube videos:
https://www.youtube.com/watch?v=RQc-9kqmDH8
https://www.youtube.com/watch?v=MUCvUgGfzdo
9. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
10. Attend the online class lecture on this topic on September 23, 2021 at 8:00 AM using
Google Meet.
.R – Require Learner Participation
1. Group activity
a. Group with 3 of your classmates.
b. Answer Questions for Discussion on page 134 of your textbook
c. Share it in class via Google Meet.
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on October 2,
2021 at 1:00 PM.
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Week 8: October 4-8, 2021 Topic 3: Monopolistic Competition and Oligopoly

A – Analyze the Learners

After completing this study guide, you 1. The students in this class are from College of Business Education who are third
will be able to: year. All of the learners agreed to meet synchronously once a week.

1. Explain the significance of S – State Standards or Objectives

differentiated products Please see topic learning outcomes
2. Describe how a monopolistic
S – Select Strategies
competitor chooses price and The following teaching strategies will be used in this topic:
quantity 1. Asynchronous online learning – participation in online discussion, answering guide
3. Explain why and how oligopolies questions and viewing suggested videos in YouTube
exist 2. Synchronous online learning – joining the online class thru Google Meet
4. Contrast collusion and competition 3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

1. Read (Principles of Microeconomics for AP, by Steven A. Greenlaw & David Shapiro,
2017, page 243-252).
2. After reading your learning materials you should be able to answer the following guide
questions:

 How does a monopolistic competitor choose price?

 Define oligopolies. Why do they exist?
3. Scan QR Code in Study Guide
4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on October 7, 2021 at 1:00 PM using
Google Meet.

R – Require Learner Participation

a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #14 on your textbook, page 260
c. Share it in class via Google Meet.

E – Evaluate
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1. Answer a quiz on this topic which will be posted in Google classroom on October 9,
2021 at 1:00 PM.

Week 9: October 11-15, Answer the 80-item exam that will be posted in the Exam.net
Midterm Exam
2021 Start Time: 1:00 PM | Due Time: 2:00 PM
Unit 3 Monopoly and Anti-trust Policy
Week 10: October 18-22 Topic 1: Monopoly and Antitrust

A – Analyze the Learners

After completing this study guide, you will
be able to:
1. Explain antitrust law and its
significance
2. Calculate concentration ratios
3. Analyze restrictive practices
4. Explain tying sales, bundling, and
predatory pricing
5. Evaluate a real-world situation of
possible anticompetitive and
restrictive practices
1. The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

5. Read your textbook ((Principles of Microeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 263-275).
6. After reading your learning material you should be able to answer the following guide
questions:

 What is a corporate merger?

 What are the different restrictive practices?

7. Watch video on antitrust law in the Philippines: https://www.youtube.com/watch?

v=jE6CHFqDZ1s
8. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
9. Attend the online class lecture on this topic on October 21, 2021 at 1:00 PM using
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Week 11: October 25- 29 Topic 2: The Economics of Pollution
After completing this study guide, you will
be able to:
1. Explain and give examples of
positive and negative externalities
2. Identify equilibrium price and quantity S – State Standards or Objectives
3. Evaluate how firms can contribute to
market failure
Google Meet.
R – Require Learner Participation
a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #27 on your textbook, page 281
c. Share it in class via Google Meet.
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on October 23,
2021 at 1:00 PM.
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
U – Utilize Technology, Media and Materials
5. Read your textbook (Principles of Microeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 284-288).
6. After reading your book you should be able to answer the following guide questions:
 What are externalities?
 Give an example of positive and negative externalities
7. Watch YouTube Video: https://www.youtube.com/watch?v=nR7IIy9PlPM
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Week 12: November 3- 5, Topic 3: Market-Oriented Environmental Tools
2021
After completing this study guide, you
will be able to:
1. Show how pollution charges impact
firm decisions
2. Suggest other laws and regulations
that could fall under pollution
charges
3. Explain the significance of
marketable permits and property
rights
4. Evaluate which policies are most
appropriate for various situations
8. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
9. Attend the online class lecture on this topic on October 26, 2021 at 1:00 PM using
Google Meet.
R – Require Learner Participation
Group activity
a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #29 on your textbook, page 305.
c. Share it in class via Google Meet.
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on October
30, 2021 at 1:00 PM.
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
U – Utilize Technology, Media and Materials
1. Read (Principles of Microeconomics for AP, by Steven A. Greenlaw & David Shapiro, 2017,
page 289-293).
2. After reading your learning you should be able to answer the following guide
questions:
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 What are pollution charges?

 What are marketable permits?
3. Scan QR Code in Study Guide
4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on November 4, 2021 at 1:00 PM using
Google Meet.

R – Require Learner Participation

Group activity
a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #30 on your textbook, page 305
c. Share it in class via Google Meet.

E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on November 6,
2021 at 1:00 PM.

Week 13: Topic 4: Voter Participation and Costs of Elections

November 8-12, 2021
After completing this study guide, you A – Analyze the Learners
will be able to: 1. The students in this class are from College of Business Education who are third year.
1. Explain the significance of rational All of the learners agreed to meet synchronously once a week.
ignorance
2. Evaluate the impact of election S – State Standards or Objectives
Please see topic learning outcomes
expenses
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity
U – Utilize Technology, Media and Materials
5. Read (Introduction to Statistics & Data Analysis by R. Peck et. al, 2008, page 288)..
6. Read the following articles:
https://www.bworldonline.com/how-much-economic-boost-does-election-spending-
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deliver/
https://www.rappler.com/voices/thought-leaders/myth-rational-filipino-voter
https://www.pna.gov.ph/articles/1104576
https://library.fes.de/pdf-files/iez/01361006.pdf
A STUDY ON THE IMPACT OF ELECTION SPENDING ON THE PHILIPPINE
ECONOMY by R. Ballester, et. al

7. After reading your learning material you should be able to answer the following guide
questions:
 What are the limitations of Probability?
 What is the classical approach to probability?

11. Scan QR Code in Study Guide https://www.youtube.com/watch?v=uEbHJKp47B8

8. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
9. Attend the online class lecture on this topic on November 11, 2021 at 1:00 PM using
Google Meet.

R – Require Learner Participation

a. Group with 3 of your classmates.
b. Answer Critical Thinking Question #14 on your textbook, page 437.
c. Share it in class via Google Meet
E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on November
13, 2021 at 1:00 PM.

Week 14: Answer the 80-item exam that will be posted in the Exam.net
Semi-Final Exam
November 15-19 Start Time: 1:00 PM | Due Time: 2:00 PM
Unit 4 – Public Economy and International Trade
Topic 1: Special Interest in Politics

Week 15: November 22-26, After completing this study guide, you will
2021 be able to:
1. Explain how special interest groups
and lobbyists can influence
A – Analyze the Learners
The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
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S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

1. Read (Principles of Microeconomics for AP, by Steven A. Greenlaw & David Shapiro,
2017, page 428-430). In addition, read the following articles:

https://www.bworldonline.com/budget-2020-the-national-pork/
https://cnnphilippines.com/news/2021/2/14/PDAF-scam-what-you-need-to-know.html
2. After reading your learning materials you should be able to answer the following guide
questions:

 What are special interest groups?

campaigns and elections
2. Describe pork-barrel spending and
logrolling
 What is the issue about pork barrel scam in the Philippines?
3. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
4. Attend the online class lecture on this topic on November 25, 2021 at 1:00 PM using
Google Meet.

R – Require Learner Participation

Group activity
a. Group with 3 of your classmates.
b. Research about a special interest group in the Philippines. Discuss how it has
influenced political campaigns?
c. Share it in class via Google Meet.

E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on November
27, 2021 at 8:00 AM.

Week 16: November 29 Topic 2: What Happens When a Country Has an Absolute Advantage in All Goods?
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-December 3
After completing this study guide, you will
be able to:
1. Show the relationship between
production costs and comparative
advantage
2. Identify situations of mutually
beneficial trade
3. Identify trade benefits by considering
opportunity costs
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

1. Read your textbook (Principles of Microeconomics for AP, by Steven A. Greenlaw &
David Shapiro, 2017, page 440-445
2. After reading your book you should be able to answer the following guide questions:

 Define production possibilities and comparative advantage? How is it related?

3. Scan QR Code in Study Guide https://www.youtube.com/watch?v=AX0FcZ-xQjQ

4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on December 2, 2021 at 1:00 PM using
Google Meet.

R – Require Learner Participation

1. Group with 3 of your classmates.
2. Answer Critical Thinking Question #14 on page 457.
3. Share it in class via Google Meet.

E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on December 4,
2021 at 1:00 PM.
LNU-AA-30-00-01-20

Week 17: December 6 - Topic 3: The Benefits of Reducing Barriers to International Trade
10 , 2021
After completing this study guide, you
will be able to:
1. Explain tariffs as barriers to trade
2. Identify at least two benefits of
reducing barriers to international
trade
A – Analyze the Learners
1. The students in this class are from College of Business Education who are third year.
All of the learners agreed to meet synchronously once a week.
S – State Standards or Objectives
Please see topic learning outcomes
S – Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning – participation in online discussion, answering guide
questions and viewing suggested videos in YouTube
2. Synchronous online learning – joining the online class thru Google Meet
3. Offline learning – reading and self-study of printed resources
4. Peer learning – group activity

U – Utilize Technology, Media and Materials

1. Read (Principles of Microeconomics for AP, by Steven A. Greenlaw & David Shapiro,
2017, page 448-449).
2. After reading your learning materials you should be able to answer the following guide
questions:

 What are tariffs?

 What are the benefits in reducing barriers?

3. Scan QR Code in Study Guide

4. After watching the video, answer the assignment for this topic that will be posted in the
Google classroom.
5. Attend the online class lecture on this topic on December 7, 2021 at 8:00 AM using
Google Meet.

R – Require Learner Participation

1.Group Activity
1. Group with 3 of your classmates
2. Answer Critical Thinking Question #15 on page 457.
3. Share it in class via Google Meet next meeting.
LNU-AA-30-00-01-20

E – Evaluate
1. Answer a quiz on this topic which will be posted in Google classroom on December
11, 2021 at 1:00 PM.

Week 18: December 13 Answer the 80-item exam that will be posted in the Exam.net
Final Exam
-17, 2021 Start Time: 1:00 PM | Due Time: 2:00 PM

COURSE REQUIREMENTS:

Formative Assessment Methods:

Activities indicated in the “Analysis” part of the module
Quizzes, Oral Test, Seatwork, Recitation

Summative Assessment Methods:

Periodic Examinations
Note: Rubrics for each class work will be given by your instructor during the briefing before the activity

GRADING SYSTEM
Lecture:
CLASS STANDING…………………………………………………………………………………..…………………………………… 60%

L-NU AA 30-00-01-20

 Quiz………………………………………………………………………… 25 %
 Recitation…………………………………………………………………. 25 %
 Attendance………………………………………………………………... 10 %
 Requirement ……………………………………………………………….20 %
 Assignment …………………………………………………………….….20 %

PERIODIC EXAM………………………………………..…………………....................................................................................... 40%

Total: 100%
LNU-AA-30-00-01-20

GRADING SYSTEM:
Semestral Grade = (Prelim Grade*25%) + (Midterm Grade*25%) + (Semi-Final Grade*25%) + (Final Grade*25%)
For every grading period:
Periodic Exam – 40%
Student Course Work – 60 %
In order to earn a passing grade, the student should get a transmuted grade of 75%

BIBLIOGRAPHY:

Main Reference:
Principles of Mircroeconomics for AP, by Steven A. Greenlaw & David Shapiro, 2017

Prepared by: Recommended by: Approved by:

MARIEL KAREN FRANCESCA O. AQUINO, MBA DR. GENOVEVA Y. REYES, CPA, FRIAcc DR. MARINA O. ABELLA
Instructor Dean, CICS Vice-President, Academic Affairs