MAILA ROSARIO COLLEGE

COLLEGE OF BUSINESS ADMINISTRATION SEPTEMBER 13, 2021

FIRST SEMESTER

VISION: Maila Rosario College envisions herself as the center of excellence in the development MISSION: Maila Rosario College is a private non-sectorian educational institution committed to
of citizens and leaders who lived moral, productive life and contribution to the achievement of the development of competent, productive and socially responsible human resources through
God and Humane society. the offering of Professional and Technical-Vocational Education program that are responsible
and supportive to national development goal and standards of global excellence.
COLLEGE GOALS:
1. To produce highly effective, efficient, and very competent teachers who are truly nationalistic and globally competitive.
2. To establish sustainable medium scale business for income generation.
PROGRAM OUTCOMES: (from CMO 17, s.2017 p.6-7)
6.3.1. analyze the business environment for strategic direction
6.3.2. prepare operational plans
6.3.3. innovate business ideas based on emerging industry
6.3.4. manage a strategic business unit for economic sustainability
6.3.5. conduct business research
CLASS INFORMATION INSTRUCTOR’S INFORMATION

Section BSBA-FM-3 Instructor’s name ELEINE T. ALVAREZ

Schedule FRIDAY Office designation

Time 7:00 AM - 10:00 AM Office hours

Venue Office 0920-495-3891

Telephone/Cellphone

Term E-mail Address eleinealvarez28@gmail.com

COURSE NAME MONETARY POLICY AND CENTRAL BANKING COURSE CODE
PRE-REQUISITE SUBJECT None COURSE CREDIT 3 units, 3 hrs./wk. (18 weeks, 54 hrs. total)

COURSE REQUIREMENTS: Attendance, Quizzes, Exams

GRADING SYSTEM: Averaging

COURSE DESCRIPTION
This course introduces the students to the fundamental concepts and principles – Barter, payments, and money economy; money, inflation, interest rates, and outputs; intermediation and
the financial system, financial instrument, markets, and institutions; interest rates and term structure. Also, Financial services industry; origins of banks, why is the financial industry special;
banking and financial regulation; risks in financial intermediation. Topics include money creation and central banking: Instruments of monetary policy: Operations of the monetary board:
crosses, models, and curves: monetary theories, policies ideas and results.

This course covers the system of public finance.

The course develops in the students an in-depth understanding of monetary concepts relevant to the finance function.

COURSE LEARNING OUTCOMES

After successful completion of this course, the students should be able to:

1. Justify the importance, as well as the limits of monetary policy as a tool of macroeconomic management.
2. Explain the role of the central bank as the institution responsible for implementing monetary policy.
3. Give an overview of the implementation of monetary policy in practice.
4. Review and assess the experience of a range of economies in conducting monetary policy.

TIME INTENDED LEARNING OUTCOMES CONTENT SUGGESTED TEACHING LEARNING SUGGESTED ASSESSMENT
ALLOTMENT (ILOs) ACTIVITIES
Week 1 At the end of the week the students  PHILOSOPHY Brainstorming - Reflective Journal
must be able to:  VISION Questions and answers - Pledge of Commitment
 MISSION
a. Know the school policies
pertaining to the conduct of
student’s policies and school
grading
b. Memorize and fully
understand the philosophy,
vision, and mission of the
school
Weeks 2-3 a. Define money and its basic The Role and the Uses of Money Lecture - Oral Participation
function.  What is money Demonstration - Objective type of Quizzes
b. Explain the barter system.  The barter system Collaborative Learning and discussion
c. Distinguish the traditional  Traditional characteristics of
characteristics of money. money
d. Examine the functions and  Functions of money
classification of money.  Classification of money
e. Describe what is meant by  “Mickey Mouse” money
“Mickey Mouse” money.  Do we need gold
f. Justify the worth and uses of
gold
Weeks 4-6 a. Explain the function and Money and Monetary Policy Lecture - Oral Participation
supply of money.  Function of money Discussion with examples - Objective type of Quizzes
b. Describe the monetary  Money supply Q and A - Restricted Essay
developments.  The fractional reserve system - Term Exam
c. Interpret the measure of  Central Banking and Conduct of
money supply, money Monetary Policy
velocity and income.
d. Identify the fractional reserve
system including the sources
of money supply
e. Justify the need for policy
coordination.
Weeks 7-8 a. Explain the meaning of Money and Inflation Lecture - Oral Participation
inflation and why it is  The meaning of inflation Discussion - Individual Participation
 undesirable.
b. Examine the gainers during
the inflation.
c. Discuss demand-pull inflation.
d. Describe the modern version
of the quantity theory of
money.
e. Explain cost-push inflation.
f. Compare and contrast
consumer price index from
the other types of price index.
g. Discuss the measures to curb
inflation
Weeks 9 a. Illustrate how investment
spending determines income.
b. Justify savings as a source of
investment.
c. List and explain the
determinants of savings.
d. Describe the global
investment trends
Weeks 10-11 a. Explain the Philippine Stock
Exchange, Inc., its
background, mission and
vision.
b. Define stocks
c. Describe bubbles bursting.
d. Explain what a bond is.
Week 12 a. List the basic elements of
credit.
b. Define the 5 C’s of credit.
c. Identify the characteristics
of a credit.
d. Explain the Philippine Credit
 Undesirability of inflation Examples - Objective Type of Quizzes
 Gainers during the inflation Q and A - Restricted Essay
 Demand-pull inflation
 Modern version of the quantity
theory of money
 Cost-push inflation
 Consumer price index (CPI)
 Measures to curb inflation
An Introduction to Investment Lecture – - Oral Participation
 Investment and the multiplier Discussion - Individual Participation
 Determinants of savings Examples - Objective Type of Quizzes
 Investment demand Q and A
determinants
 Global investment trends
Stock and Bonds Lecture – - Oral Participation
 The Philippine Stock Exchange, Discussion - Individual Participation
Inc. Examples and Simple Activities - Objective Type of Quizzes
 What are stocks Q and A
 Bubbles bursting
 Slump wipes out $17T in global
stock values
 What is a bond
The Credit System Lecture – - Oral Participation
 Credit meaning Discussion - Individual Participation
 The 5 C’s of credit Examples and Simple Activities - Term Exam
 Characteristics of a credit. Q and A
 Philippine Credit System
 System.
Week 13 a. List and differentiate classes
and kinds of credit.
b. Explain the function of loans
and discount.
c. Interpret credit according to
the allocation of risk
Weeks 14-15 a. Describe the history of
Philippine banking.
b. Discuss the financial system;
banks and non-bank financial
institutions.
c. List the number of financial
institutions and the types of
banks.
d. Explain the role of Philippine
Deposits Insurance
Corporation and the
Securities and Exchange
Commission.
e. Differentiate the non-banking
financial institutions.
f. Discuss the supervision and
regulation of financial
institutions.
g. Illustrate the actions of BSP in
protecting depositors and
bank creditors in cases where
banks get into financial
difficulties.
Weeks 16-17 a. Justify global solutions for
global problems.
b. Illustrate the confidence of
money.
Classes and Kinds of Credit - Oral Participation
 Classes and kind of credit - Individual Participation
 Loans and discount function - Objective Type of Quizzes
 Other classifications of bank loans - Restricted Essay
 A CEO masters micro-credit
 Credit according to the allocation
of risk
The Philippine Financial System Lecture – - Oral Participation
 History Discussion - Individual Participation
 The financial system Examples - Objective Type of Quizzes
 Number of financial institutions Q and A - Restricted Essay
 Types of banks
 Specialized government banks
 Thrift banks
 The banking sector
 Philippine Deposits Insurance
Corporation
 Securities and Exchange
Commission (SEC)
 Non-Banking financial institutions
 Supervision and regulation of
financial institutions
 Actions the BSP may take to
protect depositors and bank
creditors in cases where banks get
into financial difficulties
Bangko Sentral ng Pilipinas Lecture – - Oral Participation
 Global problem, global solution Discussion - Individual Participation
 The confidence of money Examples - Objective Type of Quizzes
 Characteristics of a central bank Q and A - Restricted Essay
 c. List the characteristics of a
central bank.
d. Describe the Bangko Sentral
ng Pilipinas.
e. Explain the responsibilities
and primary objectives of the
BSP under RA 7653.
f. Identify the powers and
function of the monetary
board.
g. Discuss the guiding principles
of the monetary
administration.
h. Illustrate how the BSP
influence the economy
i. Describe the operations of
the Bangko Sentral.
j. Explain the role and functions
of the top management
officials of the BSP.
k. Describe monetary policies.
Weeks 18 a. How Monetary Policy Impacts
on the Economy
b. Brief Survey with Focus in the
Philippines
 The Bangko Sentral ng Pilipinas
 The objectives of the BSP under
RA 7653
 The monetary board
 Guiding principles of monetary
administration
 The channels of BSP policy: how
the BSP influences the economy
 Operations of the Bangko Sentral
 Top management officials
 Organizations and functions
 Status/Performance of BSP
 Monetary policies
Monetary Policy Lecture – - Oral Participation
 Expectations and Lag in the Impact Discussion - Individual Participation
of Monetary Policy Examples - Objective Type of Quizzes
 Issues in the Design of a Money Q and A - Restricted Essay on Case Study
Policy Framework - Term Exam

REFERENCES:

Textbook:

Cristobal M. Pagoso, 2014, Money, Credit and Banking, 856 Nicanor Reyes, Sr. St., Sampaloc, Manila, Rex Book Store, Inc.

Feliciano R. Fajardo, Manuel M. Manansala, 2008, Money, Credit and Banking, Quad Alpha Centrum Bldg. 125 Pioneer Street Mandaluyong City 1550, National Book Store, Inc.

Online References:
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Money concept and its functions (slideshare.net)

Concept, Function and Role of Money | Notes, Videos, QA and Tests | Grade 12>Economics>Money | Kullabs

27.1 Defining Money by Its Functions – Principles of Economics (opentextbc.ca)

Money, central banking, and monetary policy (slideshare.net)

Monetary policy of the Philippines - Wikipedia

Policy Responses to COVID19 (imf.org)

Republic Act No. 265 | Official Gazette of the Republic of the Philippines

Philippines Monetary Policy October 2020 (focus-economics.com)

Monetary Policy - Philippines (slideshare.net)

Monetary Policy and Central Banking (imf.org)

Money creation - Wikipedia

Monetary Policy - Philippines (slideshare.net)

26.2 Problems and Controversies of Monetary Policy – Principles of Economics (umn.edu)

11 Advantages and Disadvantages of Monetary Policy | FutureofWorking.com

Central Banks and Monetary Policy — Economy (ecnmy.org)

Monetary Policy and Central Banking (imf.org)

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Monetary Policy and Central Banking in the Covid Era | VOX, CEPR Policy Portal (voxeu.org)
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Bank Management and Financial Services | Peter S. Rose, Sylvia C. Hudgins | download (b-ok.as)

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Other Determinants of Investment Demand | Open Textbooks for Hong Kong

Introduction to Investing | Investor.gov

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Investment Multiplier and its Mechanism (byjus.com)
Investment Multiplier Definition (investopedia.com)
Investment Multiplier: Definition, Logic and Assumptions (economicsdiscussion.net)
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world of economic: Determinants of saving
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(1) (PDF) The Economics of Money Banking and Financial Markets 7th20190515 79756 3jbzpu | Thuỷ Nguyễn - Academia.edu
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Company Information (pse.com.ph)
The Philippine Stock Exchange, Inc. — PSE
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Credit Definition (investopedia.com)
PRESS RELEASE: CIC issues guidelines for reaccreditation of private credit bureaus | Credit Information Corporation
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Republic Act No. 9510 | Official Gazette of the Republic of the Philippines
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Credit Reports In The Philippines — What You Need To Know (imoney.ph)
Elements, Objectives, and Function of Credit (blog-businessandeconomy.blogspot.com)
Master the 5 C’s of Credit - NerdWallet
5 Cs of Credit - Overview, Factors, and Importance (corporatefinanceinstitute.com)
Mandate, Vision, Mission and Core Values | Credit Information Corporation
PREPARED BY: APPROVED BY: CHECKED BY:

ELEINE T. ALVAREZ ROMEO M. PASCUA Ph.D

BSBA, Instructor Vice-President for Academic Affairs BSBA, Coordinator