DE LA SALLE UNIVERSITY-DASMARIÑAS

COLLEGE OF BUSINESS ADMINISTRATION

AND ACCOUNTANCY
ALLIED BUSINESS DEPARTMENT

COURSE SYLLABUS

COURSE CODE : B-ECON002

COURSE TITLE : Managerial Economics
COURSE TYPE : Lecture
COURSE CREDIT : 3 Units
PRE-REQUISITE : None
CO-REQUISITE : None

COURSE DESCRIPTION:

This course focuses on the application of economic theories and models as well as some
mathematical tools, and statistics to business decision-making. The main topics include an overview
of managerial economics, demand and supply, demand estimation, production and cost analysis,
market structure, and pricing and output decisions. This will utilize microeconomic principles and
quantitative tools that will aid managers in making sound decisions. This course could enhance
students’ understanding of how markets operate and develop their capability in making economic
predictions about market outcomes. It should also serve as a foundation for further studies in
accounting, management, finance, and marketing.

The course will have a special provision on modality, pacing, pedagogy, assessment type,
communication, and feedback based on the national, regional, provincial, city, and institutional
guidelines for safety amidst disaster and pandemics. Hence, this class shall be delivered in an online
module-based approach.

COURSE LEARNING OUTCOMES:

At the end of the course, students are expected to:

CLO1. Apply the economic way of thinking to individual and business decisions and act strategically
under conditions of rapid change and uncertainty.

CLO2. Analyze the market equilibrium principles, calculate elasticities and apply statistics and
mathematics in demand estimation and forecasting and use these in business decision making.

CLO3. Analyze the concept of production and differentiate the types of costs of production, how they
affect the short- and long-run decisions, and derive the equilibrium conditions for cost
minimization and profit maximization.

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 CLO4. Differentiate the four basic market models of perfect competition, monopoly,
monopolistic competition, and oligopoly, and how price and quantity are determined in
each model
CLO5. Demonstrate 21st-century skills in all learning activities.
LEARNING PLAN
Learning Outcomes for Midterm Period
Course Learning Outcomes
CLO1. Apply the economic way of
thinking to individual and business
decisions and act strategically
under conditions of rapid change
and uncertainty.
CLO2. Analyze the market equilibrium
principles, calculate elasticities, and
apply statistics and mathematics in
demand estimation and forecasting
and use these in business decision-
making.
CLO5. Demonstrate 21st-century skills in
all learning activities.
Topic Learning Outcomes
 TLO1. Reflect on the concept of economics and
opportunity cost and be able to apply this in a
real-life situation.
 TLO2. Analyze the role of managerial
economics in the managerial decision-making
process.
 TLO3. Analyze equilibrium price, equilibrium
quantity, and market equilibrium graphically
and mathematically.
 TLO4. Measure the responsiveness of
consumers' demand to changes in the price of a
good or service, the price of other goods and
services, and income as well as other elasticities
and apply these in managerial decision making.
 TLO5. Evaluate the different methods of
demand estimation and forecasting using actual
and hypothetical data.
Collaboration, Skilled Communication,
Knowledge Construction, Self-Regulation, Real-
World Problem-Solving, Use of ICT (not part of
the topic, but integrated into assessments)
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 Onsite Activities
Module

Asynchronous

Allotted Hours
Synchronous
No and
Online Module Activities/ Technology

Assessment
Summative
Learning Date
Assessment Strategy Enabler
Outcome/
s

 Syllabus uploaded
Schoolbook
Module 1  Presentation of the course
Sep 6 MS Teams / 1.5
CLO1 overview
PowerPoint
TLO1  Course requirements
TLO2
CLO 5  Gospel reflection
 Tips to succeed in a fully
Sept 9 online class Schoolbook / 1.5
 Institutional Orientation and
Meetings
 Bible Reading and Reflection
Module 1  Gospel reflection essay
CLO1  Tips to succeed in a fully
TLO1 online class
TLO2 Sep  Review of the Basic Schoolbook
CLO 5 / 1.5
13 Economic Concepts PowerPoint
 Formative and Enabling
Assessment on Basic
Economic Concepts

 Bible Reading and Reflection
 Managers, Profits, and
Markets and Role of
Economics in Managerial
Sep
Decision Making Schoolbook / 1.5
16
 Enabling assessment on
Mathematical Concepts Used
in Managerial Economics

Module 2  Bible Reading and Reflection

CLO2  Demand, Supply and Market
TLO3 Sep Equilibrium (Part 1)
PowerPoint
CLO5 20  Practice Assessments on / 1.5
Schoolbook
Demand, Supply and Market
Equilibrium (Part I)

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  Bible Reading and
Reflection
 Demand, Supply, and Market
Module 2 Schoolbook
Sept Equilibrium (Part II)
CLO2 MS Teams / 1.5
23  Formative and Enabling
TLO3 Assessment: Quiz on Demand,
TLO4 Supply and Market
CLO5 Equilibrium
 Bible Reading and
Reflection
Sept  Comparative Statics and Schoolbook
/ 1.5
27 Demand and Supply PowerPoint
Applications
 Practice assessments
 Summative Assessment 1: Schoolbook
Set 30 Quiz on Demand and Supply / 1.5
Applications and Elasticity
Oct 4
SELF-CARE/ME TIME 3.0
and 7
 Food for the Soul
 Elasticity and Total Revenue
 Practice assessments Food Schoolbook
Oct 11 / 1.5
for the Soul
 Elasticity and Total Revenue
Module 2  Practice assessments
 Bible Reading and Reflection
CLO 2  Basic Estimation Techniques MS Teams
CLO 5 Oct 14 Using Regression Analysis Schoolbook / 1.5
TLO 3  Practice assessments
TLO 4
TLO5
 Food for the Soul
 Basic Demand Estimation
 Practice assessments Food Schoolbook
Oct 18 / 1.5
for the Soul MS Teams
 Basic Demand Estimation
 Practice assessments
Module 2 Oct 21  Food for the Soul Schoolbook / 1.5
CLO2  Production and Cost MS Teams
TLO3 Estimation
TLO4  Practice Assessment
CLO5

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  Bible Reading and Reflection
 Estimating and Forecasting
Demand for Price-Taking
Oct 25 / 1.5
Firms
 Practice assessments

Oct
 Course Review
28/ // 3.0
 Consultation
Nov 3
Schoolbook

Nov. / 1.5
4  Summative Assessment 2:
Demand Estimation and
Forecasting
TOTAL 4.5 13.5 3.0 3.0 27.0

Learning Outcomes for the Final Period

Course Learning Outcomes Topic Learning Outcomes

CLO3. Analyze the concept of production
 TLO6. Analyze the theory of production in managerial
and differentiate the types of costs of
decision-making of the firm and evaluate the profit-
production, how they affect the short- and
maximizing output and cost-minimizing input
long-run decisions, and derive the
combination mathematically and graphically.
equilibrium conditions for cost
minimization and profit maximization.
 TLO7. Differentiate the concepts of economies of scale,
economies of scope, and learning curve.

CLO4. Differentiate the four basic market
models of perfect competition, monopoly,
monopolistic competition, and oligopoly,
and how price and quantity are determined
in each model
 TLO8. Compare the different market structures based
on different characteristics and evaluate how prices,
output, and profit are determined in perfect and
imperfect markets.

CLO5. Demonstrate 21st-century skills in  Collaboration, Skilled Communication, Knowledge

all learning activities. Construction, Self-Regulation, Real-World Problem-
Solving, Use of ICT (not part of the topic, but integrated
into assessments)

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 Onsite Activities

Allotted Hours
Asynchronous
Synchronous
Module No

Assessment
Summative
and
Learning Online Module Activities / Technology
Outcome(s) Date Assessment Strategy Enabler

 Bible Reading and

Reflection MS Teams
Nov  Production and Cost in the Schoolbook
/ 1.5
9 Short Run PowerPoint
 Practice assessments

 Food for the Soul

 Production and Cost in
Nov Schoolbook
the Long Run / 1.5
11 PowerPoint
 Practice assessments
Module 3
 Enabling Assessment: Quiz
Nov
CLO 3 on Production Theory Schoolbook / 1.5
15
CLO 5
TLO 6  Food for the Soul
TLO 7  Production and Cost MS Teams
Nov
Estimation Schoolbook / 1.5
18
 Practice Assessments PowerPoint

Nov  Enabling Assessment: Quiz Schoolbook

/ 1.5
22 on Optimization and Costs

 Bible Reading and

Reflection
Nov  Profit-Maximizing Input Schoolbook
/ 1.5
25 Usage Sway
 Practice Assessments

 Bible Reading and

Module 4
Reflection
Nov  Managerial Decisions in
CLO 4 Schoolbook / 1.5
29 Competitive Markets
CLO 5
TLO 8  Practice Assessments

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  Summative Assessment 3: MS Teams
Dec
Production and Cost Schoolbook / 1.5
6
Theory
Dec
9& SELF-CARE/ME TIME 3.0
13
 Bible Reading and
Reflection
Dec  Profit-Maximizing Output
Schoolbook / 1.5
16 and Pricing Decisions in a
Monopolistic Market
 Practice assessments
 Food for the Soul
 Profit-Maximizing Output
Jan and Pricing Decisions in Schoolbook
/ 1.5
11 Monopolistic Competition
 Practice assessments

 Food for the Soul

 Profit-Maximizing Output
Jan
and Pricing Decisions in / 1.5
14
Oligopolistic Market
 Practice assessments
 Enabling assessment: Quiz
on Profit Maximization and
Jan MS Teams
Output Decisions in / 1.5
18 Schoolbook
Competitive Markets and
Firms With Market Power
Jan
 Consultation and Report on
21& // 3.0
Progress of Final Output
24
 Summative Assessment 4:
MS Teams
Jan Presentation of Final Output / 1.5
Schoolbook
27 
 Reflection of the entire
module
 Final Output submission MS Teams
Jan / 1.5
 Debriefing and course Schoolbook
29
reflection
 Peer evaluation
TOTAL 4.5 13.5 3.0 3. 27
0

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GRADING SYSTEM

Midterm
Class Participation - 10%
Enabling Assessments - 50%
Summative Assessments - 40%
100%

Finals
Class Participation - 10%
Enabling Assessments - 50%
Summative Assessments - 40%
100%

Overall Final Grade = Midterm + Final

2

COURSE POLICIES AND REQUIREMENTS

1. Your enrollment in the e-class will be based on the class list provided by the Office of the
University Registrar and the portal.
 
2. Asynchronous Classes, Communication, and Feedback 

a) Communication shall be done when the faculty utilizes at least one of the recommended
platforms. The minimum response time for concerns is 48 hours, excluding Sundays and
holidays.
i) At the Forum Tab in Schoolbook, students can post their general concerns. The forum is
public and any post can be seen by the class.  
ii) Any private or confidential matters may be messaged through Schoolbook messaging
feature. 
iii) E-mail can be an alternative way of communicating with your subject professor.  You may
email your subject professor at _______@dlsud.edu.ph. 
b) Using foul, curses, and other bad words, whether written or verbal, is being discouraged.
There should be no shouting,  no flooding of chat and messages, and no selling. 
c) Teachers shall not be required to be online during asynchronous classes.

3. Synchronous Classes

a) The synchronous meeting will only be held on the schedules indicated in the registration
form. 
b) The attendance policy for online synchronous classes is scheduled based on the learning plan.
Attendance, especially in synchronous classes, shall not be a basis for receiving a failing grade
because it should not comprise any grade in the class standing. 
c) The synchronous meeting will be made by the teacher at least one week before its schedule. 
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 d) The faculty will announce two days before the calendared synchronous meeting if it will push
through or if it will be canceled. If canceled, the faculty will announce an asynchronous
activity and the new schedule of the synchronous meeting. 
e) No graded assessments of any form shall be administered at scheduled synchronous sessions.
f) You may be excused from scheduled synchronous due to valid reasons such as disruptions of
internet connections, serious illness, death in the family, and any other reasons analogous to
the foregoing.
g) Synchronous sessions missed by the teacher due to valid reasons such as disruption of internet
connection, serious illness, death in the family, and any other reasons analogous to the
foregoing shall be re-scheduled with the consent of students concerned.
h) You may opt to stay or leave the synchronous class if the teacher is late for 25 minutes.
Students who opted to leave shall not be marked absent when the teacher arrives late.
i) It shall be optional for students to be on camera during synchronous class. If the video will be
turned on during synchronous classes, students are required to have decent background
otherwise apply or use background effects/blur background
j) All synchronous meetings will be recorded and embedded into a schoolbook page section. It
should also be accessed by students at MS Teams and other institutionally subscribed video
hosting platforms. 
k) The University shall exercise due diligence in adhering to data privacy laws and preventing
the possible occurrence of cyberbullying; otherwise, it shall be liable for any breach arising
from the recording of synchronous sessions and their use or misuse.

4. Assessments and Grading System

a) A minimum of three attempts shall be observed when answering enabling assessments.
b) Enabling assessments shall be uploaded on SB and shall be accessible for a minimum of one
week.
c) In case you failed to comply with the enabling assessment, you will be allowed to ask for an
extension from his/her teacher for a period of one to three days.
d) Summative Assessment shall be scheduled strictly during the Summative Assessment Week
and shall be announced on SB at least three days before the scheduled assessment.
e) As a general rule, synchronous classes/sessions are not allowed during Summative
Assessment Week.
f) The output-based summative assessment shall be given to students at least 15 days before the
scheduled Summative Exam Week.

g)  As a general rule, a maximum of two video assessments per term shall be observed. It can be
a combination of enabling and summative assessments.
h)  Consent forms shall be secured before the holding of assessments in the form of an event
delivered on social media.
i) Deadlines of enabling assessments shall not be allowed during Summative Assessment Week.
j)  In case a student failed to comply with the summative assessment, s/he shall be allowed to
ask for an extension from his/her teacher. The student shall be allowed to complete the missed
summative assessment for ONE day. The schedule shall be determined by the teacher
concerned.
k) Gateway assessments shall not be allowed.

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 l) Assessments in the form of attending webinars must be within the regular class hours and
must not go beyond 8:30 in the evening. However, upon the agreement between the subject
teacher and the class, attendance at the webinar may go beyond 8:30 pm.
m) Non-quiz or non-discrete types of assessment (essay, dropbox, output-based, etc.) shall have a
rubric or criteria for rating the students’ tasks. A student may refuse to answer these types of
assessments in the absence of a rubric or criteria for grading, and the assessment shall be
deemed invalid and shall not be part of the student’s grades.
n)  For research courses, research OUTPUTS (e.g., oral defense) shall be equivalent to
summative assessments. The schedule of oral defense shall be approved by the department
provided that it does not conflict with the students’ other classes; provided further that
defense shall not be scheduled before 7:00 a.m.nor beyond 8:00 p.m.; and it shall be discussed
with the students during their class orientation.
o) There shall be two attempts only for each summative assessment.
p) During the suspension of classes, all assessments shall be extended. The number of days for
extension of assessments shall be based on the number of days that classes are suspended.
However, the deadline of submission shall not fall on weekends or holidays.

5. Intellectual Property Policy 

a) Policy and copyright infringement will not be tolerated. Any violation of such will earn
students a grade of zero in the assessment. 
b) The use of any illegally obtained software is strictly prohibited. 
c) Students are encouraged to use their original photos, videos, and other resources. Otherwise,
students can use royalty-free resources or embed the sources in their submissions to avoid
copyright infringement and/or plagiarism. 
d) Inviting people who are not part of the class, in synchronous meetings is strictly prohibited
unless approved by the subject teacher. Posing as another person during a synchronous
activity is strictly prohibited. 
e) Giving passwords in Schoolbook and Office 365 to others who are not part of the class is
strictly prohibited. Likewise, accessing Schoolbook and Office 365 accounts other than the
students’ accounts is also strictly prohibited. Violating students will be reported to the Student
Welfare and Formation Office (SWAFO). 

6. Other Policies 

a) Students must wear decent casual or smart-casual attire prescribed by the Student Handbook. 
b) The microphone must be muted and only unmuted when the teacher requires them to. 
c) Use of English is required for any presentation including the question and answer. Tagalog or
Tagalog-English can be used during consultation. 

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REFERENCES

Online References

Call Reference Material

number or
e-provider
Maurice, S.C and Thomas, C.R. (2016) Managerial economics: Foundations of business
Online
analysis and strategy (12thth ed.). N.Y: McGraw Hill .
Keat, P., Young, P., and Erfle, S. (2014). Managerial Economics (7th edition). Pearson.
Online Retrieved from https://bit.ly/3ae2uVq
Youtube
Introduction to Managerial Economics, https://youtu.be/Te1uneseDrg
Channel
Youtube
Introduction to Managerial Economics, https://youtu.be/nsfPUisgeP4
Channel
The Open University of Hongkong (2017) Principles of managerial economics. Original
Online source: The Saylor Foundation https://bit.ly/3ae2uVq

Pettinger, T. (2019). Factors affecting supply and demand of housing. Retrieved from
Online https://www.economicshelp.org/blog/15390/housing/factors-affecting-supply-and-
demand-of-housing/
Economics Course (2015). Chapter 2. Thinking like an economist. Gregory Mankiw.
YouTube
Pprinciple of economics. Retrieved from https://www.youtube.com/watch?
Channel
v=4o69zH4uycI &list=PL2ptn2NXen02EmsPSGwnbOcBHgOZ_lf9M&index=4
Mankiw, N.G. (2018). Principles of economics (8th ed.). Stamford, CT :
Cengage Learning, [2018] Retrieved from
Online
http://www.ru.ac.bd/wp-content/uploads/sites/25/ 2019/03/108_03_Mankiw-Principles-
of-Economics-South-2017.pdf
Hirschey, M. & Bentzen, E. (2016). Managerial Economics, 14th Ed. Cengage Learning.
Online
ISBN 13: 978-1-4737-0926-3
Baye, M.R. & Prince, J.T (2017). Managerial Economics Business Strategy, 9th ed.
Online
McGraw Hill Education, ISBN 978-1-259-29061-9 MHID 1-259-29061-1

On-Site References

Call Reference Material

number or
e-provider
Maurice, S.C and Thomas, C.R. (2020) Managerial economics: Foundations of business
On request
analysis and strategy (13thth ed.). N.Y: McGraw Hill .
HB Maurice, S.C and Thomas, C.R. (2016) Managerial economics: Foundations of business
Page 11 of 12
 171.5 .C26
analysis and strategy (12thth ed.). N.Y: McGraw Hill .
6 2016
HD30.22.
Keat, P., Young, P., and Erfle, S. (2014). Managerial Economics (7th edition). Pearson.
K39 2014
HD
30.22 .H6 Hirschey, M. (2016). Managerial economics.(12th ed.). Cengage Learning
16 2016
HB 172
Tucker, I. B. (2017). Microeconomics for today (9th ed.) Mason, OH : South-Western,
.T795
Cengage Learning
2017
HD Keller, G. (2016). Statistics for management and economics abbreviated (10th ed.).
30.215K28 Boston, MA : Cengage Learning
2b 2016

HB
171.5 .M31 3G E-learning LLC (2017). Managerial Economics (Paperback). New York, NY : 3G
1 E-learning LLC,USA. c2017

Prepared: Allied Business Department

1st Semester 2021-2022

Approved: MICHAEL E. DEL ROSARIO, MSM

Chair, ABD

Endorsed: MARY FELIDORA FLORINOR M. AMPARO, PhD

Dean, CBAA

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