COLLEGE OF EDUCATION

FOUNDATION UNIVERSITY
Dumaguete City

SYLLABUS IN EDU150
MICROECONOMICS
A.Y. 2022-2023

LIFE PURPOSE
The life purpose of Foundation University is to educate and develop individuals to become productive, creative, useful, and responsible
citizens of society.

VISION
Foundation University envisions itself as a dynamic, progressive environment that cultivates effective learning, generates creative ideas, responds to societal needs,
and offers opportunity for all.

MISSION
To enhance and promote a climate of excellence relevant to the challenges of the times, where individuals are committed to the pursuit of new knowledge and life-
long learning in service of society.

CORE VALUES

Excellence Commitment Integrity Service

OBJECTIVES OF COLLEGE OF EDUCATION

Specifically, the objectives of the College of Education which serve as guide in fulfilling the mission and vision of the University are the
following:
1. to produce persons of sound mind, good moral character and broad culture;
2. to produce students with specialized training in fields they are expected to teach;
3. to inculcate in the students understanding of humanism, nationhood, international unity, and desirable Filipino values; and
4. to train students in research and lifelong learning.

INSTITUTIONAL OUTCOMES
Foundation University endeavors to produce students who can:
1. Be effective communicators who employ critical thinking in synthesizing arguments asserting what is ideal for the common g
2. Produce innovative creations and solutions through the redefined use of technology that are beneficial to the environment and community
3. Appraise the traditional arts and actively promote local culture and wisdom
4. Translate and implement global ideas and practices of specialized disciplines for local, environmental, and community action.
5. Demonstrate passion for life-long learning in the creation of new knowledge through research.

Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
 STUDENT OUTCOMES
A. demonstrate knowledge of the market system, means of production, consumption, exchange, determinants of supply and
demand;
B. demonstrate understanding on the theories of consumer behavior, basic economic theories and history of economics; and
C. apply critical and creative thinking through a survey of small-scale business/entrepreneurs on the challenges encountered.
COURSE SYLLABUS

1. Course Code : EDU150

2. Course Title : Microeconomics
Course Description : The course leads the students to demonstrate knowledge in analyzing the market system, means of production, consumption,
exchange, determinants of supply and demand, theories of consumer behavior, basic economic theories and history of
economics.
3. Prerequisite : None
4. Credit : 3 units
5. No. of hours : 54 hours
6. Course Coverage :

STUDENT
INTENDED
OUTCOMES TEACHING LEARNING NO. OF
OBJECTIVES TOPIC LEARNING ASSESSMENT TASKS
ACTIVITIES HOURS
OUTCOMES a b c d e

Define Economics I. Introduction and a. define Economics / / • Lecture-discussion • Written objective test on
and explain the General and explain the using PowerPoint the nature of economics,
field as a social Orientation field as a social Presentation on the approaches, methods, and
science 1. Understanding science; nature of economics, tools in Economics
Economics b. describe the approaches, methods
a. Economics defined nature of and tools used in
b. Nature of Economics; economics, definition of
Economics c. explain the microeconomics, and the
c. Approaches, different characteristics of
Methods and Tools approaches, microeconomics
of Economics methods and tools
d. Microeconomics used in Economics;
defined and
e. Microeconomics vs d. differentiate
Macroeconomics between
Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
 f. Characteristics of Microeconomics
Microeconomics and
Macroeconomics.
Explain the II. Economic Theory a. identify the / / • Lecture-discussion • Written objective test on
functions of an 1. The Construction of different steps in the using the
economic theory Economic Theory construction of a PowerPoint Presentation construction and functions
2. Functions of theory; and on the of
Economic b. explain the construction and Economic Theory
Theory functions of an functions of
economic theory Economic Theory
Enumerate and III. An Overview of a. enumerate and // • Lecture-discussion • Written objective test on
explain the the Economy explain the using PowerPoint the overview of the
fundamental 1. The three fundamental Presentation on the economy
economic Fundamental economic three fundamental and • Students draw and
problems, types of and Interdependent problems, types of interdependent explain their
economic Economic Problems economic economic problems, own maps of the flow of
system 2. Types of Economic system; and types of economic money
System b. make a diagram systems, and the and resources from
3. The Circular Flow that will show circular flow of households,
of Economic Activity the different sectors economic activity businesses, and
involved in • Students will scavenge government to
the circular flow of the Internet to find the product and factor
economic examples of each markets
activity. actor and market to with specific examples of
illustrate their maps. each.
The Internet will aid Rubrics shall be provided
them in finding for fair
information to determine scoring
whether the examples
actually do illustrate the
markets and actors. If
running out of time after
doing the research or if
Internet access is
limited, students could
use old magazines to
illustrate their maps.
Enumerate and IV. An Introduction a. enumerate and / / / • Lecture-discussion • Written objective
explain the non- to Demand and explain the non-price using test/essay on
price Supply determinants if PowerPoint Presentation demand, supply, and
determinants if A. Demand demand and elasticity of
demand 1. Demand Schedule and supply; video clips on the demand and supply
and b. explain clearly the demand, supply
Demand Curve operation of and elasticity of demand
2. Law of Demand the Laws of Demand and
Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
 3. Changes in and Supply; supply
Quantity c. differentiate • Misconception Check.
Demand and between change in Discover
Movements demand and change class’ preconceptions.
along the Demand in quantity Useful for
Curve demanded; and starting lessons in
4. Ceteris Paribus d. explain the concept economics.
Assumption of elasticity, • Worksheets for
5. Changes in and the meaning and calculations
Demand and economic • Punctuated Lectures.
Shifts in the Demand significance of Ceteris Ask students to perform
Curve Paribus. 5 steps: listen, stop,
B. Supply reflect, write, and give
1. Supply Schedule feedback. Students
and become self-monitoring
Supply Curve listeners.
2. Law of Supply • Word of the Day. Select
3. Changes in an important term and
Quantity highlight it throughout
Supply and the class session,
Movements working on it as many
along the Supply concepts as possible.
Curve Challenge students to do
4. Change in Supply the same in their
and interactive activities.
Shifts of the Supply
Curve
C. Elasticity of
Demand and
Supply
1. Elasticity of
Demand
- Types of Demand
Elasticity
- Determinants if
Demand Elasticity
- Measuring Price
Elasticity of Demand
2. Elasticity of Supply
- Types of Supply
Elasticity
- Determinants if
Supply Elasticity
- Measuring Price
Elasticity of Supply
Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
Cite specific V. Consumer a. identify and explain / / / • Lecture-discussion • Written objective
examples to explain Behavior and the the factors using test/essay on
the concept of Theory of affecting consumer PowerPoint Presentation consumer behavior and
income and Production behavior, the and the theory
substitution effects 1. Determinants of Theory of Utility, the video clips on the of production.
to Consumer Behavior Equi-Marginal demand, supply
consumers; and 2. Theory of Utility Principle, the Theory and elasticity of demand
3. Other Concepts of of and
Consumption Production and supply.
- Equi-Marginal meaning of • Misconception Check.
Principle production function; Discover
- Income and b. cite specific class’ preconceptions.
Substitution Effects examples to explain Useful for
4. Production the concept of income starting lessons in
Function and economic
5. The Law of substitution effects to
Diminishing consumers; and
Returns c. discuss the
application of the
Law of Diminishing
Returns in
production.
Numerate the VI. Market a. numerate the / / • Lecture-discussion • Written objective
features/ Structures and features/ using PowerPoint test/essay on
characteristics of Price-Output characteristics of the Presentation and video market structures and
the different types Determination different types of clips on the demand, priceoutput determination
of market 1. Market Structures market supply and elasticity of • Vlogging. Output will be
organizations; - Pure Competition organizations; demand and supply a
- Monopoly b. discuss the • Three-minute Video reflection paper on the
- Monopolistic different determinants Blogging or VLOGging, condition
Competition of market structure; three times a week, at of public market stall
- Oligopoly c. graphically the public market for owners and
2. Determinants of illustrate and pure competition based vendors
Market discuss price and on an approved
Structure output determination interview schedule
3. Price and Output under a purely
Determination. competitive firm, and
under a pure
monopoly;
d. graphically
illustrate and
discuss price and
output determination
under a pure

Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
 monopoly; and
e. discuss the concept
of profit maximization
and cost minimization
Discuss the VII. Labor a. discuss the / / / • PowerPoint • Written objective
essential role Organizations and essential role played Presentation and test/essay on
played Wages by labor unions in the video clips on labor labor organizations and
by labor unions in 1. Unionism and the productive organizations wages
the productive contributions of labor process; and wages • Media Searching. Output
process; unions b. identify the types of • Misconception Check. will be reflection paper
2. Unfair labor wages and Discover class’
practices differentiate each; preconceptions. Useful
3. Collective c. enumerate the for starting new lessons
bargaining: determinants of in economics.
Goals and Purposes wages; • Media Searching. News
4. Types and d. explain the from the broad sheets,
determinants different theories on tabloids, and online
of Wages wages; and news on the role played
5. Theories of Wages e. graphically by labor unions in the
6. Some current illustrate the Lorenz productive process
thoughts curve and explain its or unfair labor practices.
on wages meaning. • Worksheets for
7. Lorenz Curve graphing a Lorenz
Curve

COURSE EVALUATION:

Components of the Grading System: (100%)

10% Participation (Recitations/Presentations)

30% Performance Tasks
30% Major Examinations (Prelims, Midterm)
30% Final Exam/Assessment (Terminal Output)

REFERENCES:
A. PDFs

Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
Dizon, German, Bond. Readings in the History of the Filipino Society
Zaide, Gregorio.Pageant of Philippine History.
Philippine Educational Company, Manila, Phils, © 2003
Cabag, R.C.
Quizmaster: Philippine History and Culture.
© 2002
Maguigad, Rogelio. Peoples
History of the Philippines
. ©
2004
Danao , Carolina P. et.al ,
People , Places , and Events in the Philippines
, 2006 SIBS Publishing House Inc. 1104 QC Philippines
De Guzman , Alladin et.al ,
The Filipino Moving Forward
, 2008 REX Publishing House , 856 S
ampaloc , Manila
Punungnbayan , Raymundo et.al , Readers Digest : The Philippine Archipelago , Asia Publishing Company , C&C Offset Printing C
o., Ltd.
1998 HK
Corpuz , Brenda B. Principles of Teaching 2 . Quezon City . Lorimar Publishing House 2015
Victor
ia ,Pablo J. Art in the Elementary School , Quezon City . Alemara . Phoenix Publishing House. 1978
Ulit , Enrique V. Teaching the Elementary School Subjects
Corpuz , Brenda B. Principles of Teaching 1 .4
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Edition. Quezon City .
Lorimar Publishing House 2015

Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian
Course Title: Date Date Prepared by: Reviewed by: Approved by: Page
Trends and Effective: Revised:
Issues in GENESIS GAMALIEL R. MONTECINO, MYLA VILLANUEVA, RL, MLIS, ERLINDA N. CALUMPANG, EdD
LPT
Social Studies 1st Semester 8/23/2022 PhD Dean
Teacher
2022-2023 Univ. Librarian