BACHELOR OF SCIENCE IN

BUSINESS ADMINISTRATION
MAJOR IN BUSINESS ECONOMICS

Program Description

The program is designed to develop the students’ analytical thinking skills and
prepare them to be responsive to current economic issues affecting business
environments. The economic theories acquired through various academic exercises
coupled with the practicum / on-the-job training activities are expected to enhance
their preparation in the field of Business Economics.

Program Educational Objectives:

Within three to five years after obtaining a bachelor’s degree in BSBA Major in
Business Economics graduates are expected to:

Program Outcomes

By the time of graduation, the students of the program shall have develop the ability to:
1. Demonstrate corporate citizenship and social responsibility.
2. Function effectively as a team member and/or leader in multidisciplinary team
3. Use proper decision tools including information and communication technology,
to critically , analytically and creatively solve problems and drive results.
4. Implement the basic functions of management (such as planning, leading,
organizing, staffing, directing and controlling) in various functional areas of
business (marketing, accounting, finance, human resource, production and
operations, IT and strategic management)
5. Engage in independent learning for continual development as a business
professional acquiring the latest development in the field of business and
generation of new knowledge
6. Communicate effectively with stakeholders , both orally and in writing.
7. Identify unmet and underserved ethical service and product needs of specific
customer groups and markets
8. Specify the service and/or product value contributions of the company which
addresses identified needs of customers
9. Formulate organizational design and arrangements which effectively delivers
desired value contributions of the company while ensuring humane working
conditions.
10. Design wealth-sharing arrangements for participants in the value chain, both
external and internal.
11. Incorporate environment-protection considerations in planned business
operations
12. Plan for effective government compliance and engagement for the business
Admission Requirements

1. A grade of 80 or better in the prerequisite subjects: Basic Microeconomics, Math

in the Modern World, Management, Marketing Management.
2. A grade of 80 or better in all subjects.
3. An Application form duly accomplished and signed by the applicant.
4. An interview conducted by the Department Chair.
5. Non-ABM SHS graduates must take Accounting 1 Bridging Course

Retention Policies

1. Once admitted to the program, the students are advised to maintain a grade
of 80 or better in their major courses. Students who fall short of this retention
requirement are placed ON PROBATION for one semester. However, if they have
no grade below 80 in the succeeding semester, the probationary status is lifted;
otherwise, they will be advised to shift to another program.
2. Students in the program must not incur more than 24 units of failures for the
duration of their study; otherwise, they will be dropped from the program.
3. Students should not fail in more than two (2) major courses in any given semester
; otherwise, they will be dropped from the program.
 BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
Major in Business Economics
FIRST YEAR
First Semester Lec # of Lab # of Total Total
Units hrs/wk Units hrs/wk Credit Assessed
Units Units
BMICRO Basic Micro Economics 3 3 0 0 3 3
BMGT1 Management 3 3 0 0 3 3
MRKT100 Marketing Management 3 3 0 0 3 3
NSTP NSTP1 3 3 0 0 3 3
PED1 Physical Education 1
(Wellness and Fitness) 2 2 0 0 2 2
PCOM Purposive Communication 3 3 0 0 3 3
RHIST Readings in Philippine History 3 3 0 0 3 3
IRS1 Lasallian Spirituality 3 3 0 0 3 3
Total 23 23 0 0 23 23

Second Semester Lec # of Lab # of Total Total

Units hrs/wk Units hrs/wk Credit Assessed
Units Units
OMTQM Operations Management (TQM) 3 3 0 0 3 3
GSR Good Governance and Social
Responsibility 3 3 0 0 3 3
BMACRO Basic Macroeconomics 3 3 0 0 3 3
NSTP2 NSTP2 3 3 0 0 3 3
PED2 Physical Education 2
(Team Sports and Rhythmic Activities) 2 2 0 0 2 2
PSPEAK Public Speaking in the Discipline 3 3 3 0 3 3
MATHMW Mathematics in the Modern World 3 3 0 0 3 3
IRS2 Christian Morality 3 3 0 0 3 3
IGG Group Guidance 1 1.5 1.5 0 0 1.5 1.5
Total 24.5 24.5 3 0 24.5 24.5

SECOND YEAR
First Semester Lec # of Lab # of Total Total
Units hrs/wk Units hrs/wk Credit Assessed
Units Units
FINVA100 Financial and Investment Analysis 3 3 0 0 3 3
HRMGT Human Resource Management 3 3 0 0 3 3
ECON101K History of Economic Thought 3 3 0 0 3 3
ECON102K Advanced Microeconomics 3 3 0 0 3 3
PED3 Physical Education 3
(Swimming and Recreation) 2 2 0 0 2 2
ETHICS Business Ethics 3 3 0 0 3 3
GBOOKS Great Books 3 3 0 0 3 3
Total 20 20 0 0 20 20

Second Semester Lec # of Lab # of Total Total

Units hrs/wk Units hrs/wk Credit Assessed
Units Units
FS100 Feasibility Study 3 3 0 0 3 3
ECON103K Advanced Macroeconomics 3 3 0 0 3 3
ECONEL1 Elective 1 3 3 0 0 3 3
PED4 Physical Education 4
(Individual and Dual Sports) 2 2 0 0
CWRLD The Contemporary World 3 3 0 0 3 3
USELF Understanding the Self 3 3 0 0 3 3
LITEA Living in the IT Era
(for Accounting) 3 3 0 0 3 3
Total 23 23 3 0 23 23
THIRD YEAR
First Semester Lec # of Lab # of Total Total
Units hrs/wk Units hrs/wk Credit Assessed
Units Units
TXTN1 Income Taxation 3 3 0 0 3 3
STRAT100 Strategic Management 3 3 0 0 3 3
ECO104 PROJECt development Management 3 3 0 0 3 3
BSTAT Business Statistics 3 3 0 0 3 3
ARTAP Art Appreciation 3 3 0 0 3 3
IRS3E Religions, Religious Exp. & Spirituality 3 3 0 0 3 3
LITE Living in the IT Era
(contextualized business analytics) 3 3 3 0 3 3
Total 18 18 0 0 18 18

Second Semester Lec # of Lab # of Total Total

Units hrs/wk Units hrs/wk Credit Assessed
Units Units
EBRES100 Business Research 3 3 0 0 3 3
COMLAW1 Business Law 3 3 0 0 3 3
ECON105K Managerial Economics 3 3 0 0 3 3
ECONEL2 Elective 2 3 3 0 0 3 3
STS Science, Technology & Society 3 3 0 0 3 3
ECONEL3 Elective 3 3 3 3 0 3 3
IBT100 International Business & Trade 3 3 0 0 3 3
Total 21 21 3 0 21 21

FOURTH YEAR
First Semester Lec # of Lab # of Total Total
Units hrs/wk Units hrs/wk Credit Assessed
Units Units
RIZAL the Life and Works of Rizal 3 3 0 0 3 3
ECONEL4 Elective 4 3 3 0 0 3 3
COMLAW4 Negotiable Instruments 3 3 0 0 3 3
ECON106K Special Topics in Business Economics 3 3 0 0 3 3
TXTN2 Business Taxation and other taxation 3 3 0 0 3 3
ECON107K International Economics 3 3 0 0 3 3
BA102 Business Analytics 2- Fundamentals
of Data Warehousing 3 3 3 0 3 3
Total 21 21 3 0 21 21

Second Semester Lec # of Lab # of Total Total

Units hrs/wk Units hrs/wk Credit Assessed
Units Units
BPRAC PRACTICUM 6 6 0 0 3 3
Total 6 6 0 0 3 3

SUBJECTS TO TAKE TO GET A CERTIFICATE IN BUSINESS ANALYTICS:

BA103 Business Analytics 3 - Descriptive Analytics
BA104 Business Analytics 4 - Predictive Analytics
BA105 Business Analytics 5 - Prescriptive Analytics

ELECTIVES:
Economic Development Mathematical Economics Agricultural Economics
Economic Statistics Current economic Issues Entrepreneurial Management
Operations Research Industrial Economics Personal Finance
Economic Research Monetary and Fiscal Economics
Labor Economics Environmental Economics
 SUMMARY OF REQUIRED COURSES
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
Major in Business Economics


No. of Unit Total
Courses Equivalent Units
Required
General Education
Understanding the Self 1 3
Readings in Phillipine History 1 3
The Contemporary World 1 3
Mathematics in the Modern World 1 3
Purposive Communication 1 3
Art Appreciation 1 3
Science, Technology and Society 1 3
Public Speaking in Disicpline 1 3
Ethics (Business Ethics) 1 3
Great Books 1 3
Life in the IT Era 1 3
Rizal’s life 1 3 36

Other Courses
NSTP 2 6
PE 4 8
Religious studies 3 9
GG 1 1.5 24.5

Core Business and Management Education Courses
Total Quality Management (TQM) 1 3
Stategic Management 1 3 6

Business Administration Core Courses
Basic Microeconomics 1 3
Business Law 2 6
Business Logic 1 3
Taxation 2 6
Good Governance and Social Responsibility 1 3
Human Resouce Management 1 3
Business Statistics 1 3
Financial and Investment Analysis 1 3
Management 1 3
Marketing Management 1 3
International Business and Trade 1 3
Business Research 1 3
Feasibility Study 1 3 45

Professional Major Courses
Basic Macroeconomics 1 3
History of Economic Thoughts 1 3
Advanced Microeconomics 1 3
Advanced Macroeconomics 1 3
Managerial Economics 1 3
International Economics 1 3
Project Development Management 1 3
Business Analytics 1 3
Special Topics in Business Economics 1 3 27


Professional Elective Courses
Economic Development 1 3
Mathematical Economics 1 3
Economic Statistics 1 3
Current Economic Issues 1 3
Operations Research 1 3
Industrial Economics 1 3
Monetary and Fiscal Economics 1 3
Economic Research 1 3
Labor Economics 1 3
Environmental Economics 1 3
Agricultural Economics 1 3
Entrepreneurial Management 1 3
Personal Finance 1 3 12

Practicum 1 6 6
Total 150.5

 MAJOR COURSE DESCRIPTION
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
Major in Business Economics

ECON2 3 units ECO102 3 units

BASIC MACROECONOMICS ADVANCED MICROECONOMICS
This course introduces the students to the different This course involves an advanced level of analysis
topics concerning the macro economy such as of the motivation and behavior of producers and
national income determination, employment, consumers under different market structures.
price levels, monetary and fiscal policies, taxation, Its special emphasis is on price determination,
international trade, economic development and resource allocation and welfare or social cost
agrarian reform. It creates awareness among analysis. At the end of the semester, the students
students on how individual decisions affect the are expected to be able to discuss how the price
aggregate so that they will make more socially mechanism operates, in the different market
responsible decisions. It also exposes them to structures within the economy, to utilize with facility
the pressing economic issues such as inflation, the advanced tools and approaches (descriptive,
poverty, recession and unemployment that graphical and mathematical) in economic analysis
need proper, sincere and honest government and apply these critically to current microeconomic
interventions. concerns and issues affecting every society and
the country as a whole. Students will be exposed
At the end of the course, the students will be able to to both theoretical models and applications to
employ their discipline knowledge and skills in service real life so as to deepen their understandings of
to the community by sharing objective assessment the Economic principles. This application will help
or analysis on issues concerning the government, them understand local and global economic issues
politics and economics in a professional manner. affecting their lives. In the process, the students
will be able to realize that Economics should not
ECO101 3 units approach man and woman merely as a resource or
HISTORY OF ECONOMIC THOUGHT an adjunct in the production process. Rather, he/
This course deals with the development of she should be accorded due respect as proper to a
economic theories, principles and models from being created in the image of God.
the Middle Ages to the postmodern world. It
particularly aims to familiarize students with the At the end of the course, students will be able to
history of economic theory and their development, engage in problem-solving by applying quantitative
from the perspective of why and how the views and qualitative techniques to a wide variety of
and intellectual insights of the great economists local and global real-world economic problems and
have shaped the discipline of Economics. The interests and by specifically using theories and
course ends with a critique of economic thought concepts related to microeconomics to critically
as studied so far when applied to selected global study interrelationships among economic variables
postmodern socio-economic challenges. This and phenomena.
course explicitly takes the normative position that
economics should be at the service of humanity ECO103 3 units
and not the other way around, thus it utilizes the ADVANCED MACROECONOMICS
Social Teachings of the Catholic Church and the This course presents an in depth analysis of
United Nations documents relating to authentic modern macroeconomic theory. The course
human development as additional perspectives in provides an advanced overview of the field as well
investigating the pertinent economic theories. as a rigorous analysis of the field’s foundations.
This course aims to provide training in modern,
Using individual and collaborative learning advanced macroeconomic theory and give students
approaches, students are expected to critically a thorough understanding of some fundamental
analyze the underlying assumptions, key variables/ workhorse models in macroeconomics used to
elements and operation of the theories involved and deal with economic problems. Topics such as
discuss how these theories addressed the challenges economic growth, consumption, investment,
of their times. They are also expected to critique and unemployment at an advanced level will be
how these theories address the challenges of the covered.
present and propose key assumptions, elements
and basic operation of how a new economic model At the end of the course, the students will be able
for authentic human development could work based to learn how to use key methodological tools in
on their critique. Major course requirements are modern dynamic macroeconomics and apply
term papers and a creative exhibit of key economic tools in answering macroeconomic concerns and
thought learned and proposed. At the end of the problems. Further, they are expected to design a
Course, students will be able to analyze the theoretical framework or empirical model for their
underlying assumptions, key elements/variables own research.
and operations of economic theories; and as well
as study, critique and synthesize how the theories
address the challenges of their times as well as the
present times.
ECO104 3 units appropriate statistical tools and improve their oral
PROJECT DEVELOPMENT MANAGEMENT communication skills by successfully defending
This course covers the basics and tools of project their thesis before selected panelists.
management from a managerial perspective,
with emphasis on the behavioral approach. Upon completion of the course, the students will
It addresses project management from the be able to utilize the knowledge learned and the
perspective of what the project manager will attitude and skills gained in understanding the basic
encounter, both chronologically during the life theories, concepts, and principles of research.
cycle of the project; and practically, in the sense of The final output is a hardbound fully defended
what the project manager need to know and why. thesis paper. As a final requirement, students are
Students are expected to apply what they have expected to hold a research forum where they
learned through a capstone project carefully and will feedback their study findings as well as their
correctly selected, planned, executed, monitored proposed interventions and recommendations for
and evaluated by the end of the course, as a major the betterment of the programs and services of
course requirement. specific agencies such as LGUs, NGOs, Private
Institutions, Business Community and/or Peoples’
At the end of the course, students will be able Organizations as the case maybe.
to employ their discipline knowledge and skills in
service to the community by creating a project with ECO107 3 units
social, economics, and environmental objectives. INTERNATIONAL ECONOMICS
This course is designed to provide Business
ECO105 3 units Economics students the opportunity to learn and
MANAGERIAL ECONOMICS apply early and modern theories of international
This course is basically designed for students economics in the area of policy making, the nature,
taking up Business Economics. It begins by the benefits and costs of imposing tarrifs, quotas,
introducing the concept of profit and wealth and other non-tariff barriers to solve certain
maximization as the main goals of the firm. It also economic problems. It explains the concepts and
presents the other economic and non-economic principles in international finance, why exchange
goals of the firm such as Corporate Social rates fluctuate and how domestic policies are
Responsibility. It later advances on the discussion affected by international trade and finance
of price determination and characteristics of policies. This may also allow them to learn about
the different markets. Economic tools are also Philippine commercial instruments and trade laws,
introduced to students to aid them in their analysis evaluate the impact of free trade agreements
and decision making on the cases and problem signed by the Philippines such as GATT-WTO to
exercises presented in class. This basically trains Philippine trade relations, marketing practices and
them to become good decision makers in the area international finance; and apply all of the theories
of business management . Finally, this course also mentioned above in the area of policy-making.
exposes them to the role of the government in
regulating the market economy. At the end of the course, the students will be able
to research and defend proposed policies based
At the end of the course, students will be able on identified macroeconomic concerns in order
to perform cost-benefit analysis, forecasting, to strengthen the country’s trade relations and
production cost analysis , demand analysis and finances.
business decision-making skills using economic
principles and quantitative tools. AIS201 3 units
BUSINESS ANALYTICS
ECO106 3 units This course provides students with the
SPECIAL TOPICS IN BUSINESS ECONOMICS fundamental concepts and tools needed to
- Research II understand the emerging role of business
The course follows through topics covered in analytics in organizations. The course aims to
Economics Research Methods and Techniques and provide students with adequate knowledge and
consists of actual writing of the thesis. It focuses skills required to design a visualization reports
in the provision of individualized consultation and using SAP Dashboard tool. The business benefit
the final preparation of the thesis, and culminates of this course is that users with data in Microsoft
with the thesis defence at the end of the semester. Excel workbooks will be able to quickly create
Students are expected to: (1) develop the visualizations and dashboards that they can
necessary competence and skills in the various use for business presentations that is useful for
stages of research (2) critically decide on the various business presentations. While the course
research design and type of data collection focuses on descriptive analytics, this will also
methods most appropriate to their research introduce students to the application of predictive
objectives; (3) enhance their interpersonal skills, and prescriptive analytics by using spreadsheet
social awareness and consciousness through tools. The skills learned by the students will enable
actual field exposures during data collection; them to effectively convey their thoughts through
(4) develop mastery and integrity in data effective reports preparation.
processing and tabulation using appropriate soft
wares; (5) develop their written communication
skills during data analysis and interpretation using
At the end of the course, the students will be able to requisite of the course. Students emphasized
manipulate data for presentation purposes, import the ethical dimensions of development strategies
worksheets to the Dashboard, navigate through that helps alleviate poverty conditions,. Students
the Canvas use components for visualization to develop international perspectives, foster
format objects in the visualization and save and concerns for global issues while raising awareness
retrieve the dashboard report for presentation. In of own responsibilities at a local, national and
addition, students are also expected to analyze international levels; Students to develop values
data and discover new information to support and attitudes that will enable them to achieve
management decision making by using Microsoft a degree of personal commitment in trying to
Excel as a tool. resolve the issues, appreciating their responsibility
as citizens of an increasingly interdependent
EBRES100 3 units world.
BUSINESS RESEARCH (EBRES100)
This is a hands on learning course where students Students will be able to assess the development
are familiarized with a general approach for needs of the community identified for Christian
conducting a basic scientific research project. The Service Learning Program (CSLP) and plan
course also expects students to implement the activities that integrates learning to the community
process of learning research in business with the members.
end result of producing and defending a research
proposal. It is designed to enable students ENTREPRENEURIAL MANAGEMENT
to utilize the knowledge learned in making a This deals with the approaches that entrepreneurs
research proposal which adheres to scientific use in identifying opportunities and creating new
research procedures involving economic theories, ventures , the analytical skills that are needed to
concepts, and principles. Students of this course practice these approaches , and the background
are expected to make an economics research knowledge and managerial skills that are necessary
proposal in response to a specific problem, the for dealing with the recurring issues involved in
proposal of which when implemented will offer starting , growing and harnessing the value of
recommendations which will respond to the needs new ventures. Students will learn and apply the
of immediate research stakeholders. personal characteristics , competencies and
motivation generally associated with successful
Upon completion of the course, the student will entrepreneurs.
be able to advance creativity and innovation by
demonstrating originality in formulating their own At the end of the Course, students will be able
research problems, as well as being creative in the to identify unmet and underserved product
forming of research objectives which will redound needs of specific customer groups and develop it
to the improvement of the welfare of research into a comprehensive business plan or business
stakeholders. analysis anchored on one’s knowledge and skills in
management, marketing, accounting, finance and
ELECTIVES economics.

ECONOMIC DEVELOPMENT ENVIRONMENTAL ECONOMICS

Deals with problems and constraints for growth This course guides students in examining how
of developing countries in line with their national the natural environment is affected by the
goals by discussing the past and present economic activities of society, and how the natural
development strategies including the effects environment, in turn, affects economic activities
of globalization. This course provides a broad- and the economy, from a systemic and ecological
ranging introduction to the economic problems perspective. This course highlights the implicit
of less developed countries and to the field of values in free market economies toward the
development economics. Topics include the roles natural environment and the issue of economic
played by agriculture and industry; education, growth and its implications to authentic human
health, employment, and migration; capital development and environmental protection.
accumulation; income distribution; trade policies; It covers the key principles and methods of
social discount rates and investment criteria; and environmental economics and how these are
the role of government. Using an interdisciplinary applied to examining the economics of population
approach to the development process, the course growth, poverty and income distribution ; the
emphasize on understanding different cultures, economics of food and water resources ; market
existence of widespread inequality, economies, failures; and economic valuation and economic
languages, and characteristics of developing incentive instruments.
world which are essential to the understanding
the developing process of change. Students are At the end of the course, students are to
required of a power point presentation on theories investigate and explain the underlying economic
and practices related to special development reasons for identified environmental problems,
topics complimented by a country case study and and develop policy recommendations in response
video resources. Application of insights must be to environmental problems.
reflected in a with applied research project as final
AGRICULTURAL ECONOMICS LABOR ECONOMICS
This 3-unit course deals with the application of This course is concerned with a group of topics on
economic theory and practices in an agricultural the microeconomic aspects of the labor market, in
setting. During this course, major economic addition to selected topics on the macroeconomics
topics and issues facing agricultural producers, issues of labor. It is essentially an application of
consumers , agricultural-input industries, food and microeconomic theory to the labor market. It is
fiber marketers/retailers and agricultural policy a course in wage and employment determination.
makers will be examined. This course is suitable The course covers such topics as the supply of
for individuals who have interest in knowing the labor , labor force participation, the demand for
relationship between economic development and labor, and details the market structure of wages. It
agricultural economics through economic analysis. also recounts for modification of traditional wage
theory via an institutional approach. Economic
At the end of the semester, the students will be aspects of labor unions, bargaining theories
able to identify problems and other deterrents of wages, minimum wage legislations, labor
affecting the agricultural sector development supply incentives of various welfare programs ,
particularly in Negros Occidental and be bale to occupational licensure , labor mobility, migration
analyze those using economic theories, concepts and discrimination theories are issues of interest.
and principles and some simple analytical tools.
At the end of the semester, students should be
OPERATIONS RESEARCH able to demonstrate the market process of wage
The course emphasizes on analytical, experimental determination through the interaction of labor
and quantitative approaches to the solution of supply and labor demand, analyze the impact of
business problems, with emphasis on the study labor market imperfections and incentives to work
of scientific techniques for decision-making ; and understand and appreciate implications
in business industry and government. Most of various political and economic institutions on
operations research projects involve elements of wages and employment . Finally, economics is
data collection and analysis, development skills inherently an interdisciplinary field that borrows
in formulating and solving mathematical models from several disciplines including Mathematics,
dealing with inventory, waiting lines, game theory, Philosophy, Psychology, History and Political
linera programming, transportation and other Science. Students in this class will learn how to
decision tools. critically evaluate competing ideas and explore
various problem solving methods. The acquired
At the end of the course, the students will be able knowledge in this class will be synthesized and
to identify a company or industry-based research articulated by writing and presenting a term paper
problem touching issues of operations, business, on topics of timely interest.
and logistics. A full-blown research output that will
be defended before a set of panelists will be the MATHEMATICAL ECONOMICS
major output of this course. This course deals with mathematical concept,
methods and techniques used in economic analysis
ECONOMIC RESEARCH that are indispensable to proper understanding of
This course focuses in the provision of individualized human behavior and real-world-economic problems.
consultation and the final preparation of the thesis, This course emphasizes the use of mathematical
and culminates with the defense at the end of the representation of basic economic principles and
semester. Students are expected to develop the theories through economic modeling and the
necessary competence and skills in the various application of elements of calculus in marginal
stages of research critically decide on the type of analysis and of economic principles of unconstrained
data collection, methods most appropriate to their and constrained maximization and minimization to
research objectives; enhance their interpersonal study behavior of agents in the economy.
skills, social awareness, and consciousness
through actual field exposures during data At the end of the semester, the students will be
collection; develop mastery and integrity in able to recognize the relevance of mathematics as
data processing and tabulation sing appropriate a language of economics and apply mathematical
softwares; develop the written communication principles to economic analysis, understand the
skills during data analysis and interpretation using economic modelling using mathematical tools, and
appropriate statistical tools and improve their oral analyze economic issues by applying mathematical
communication skills by successfully defending economics model.
thesis thesis before selected panelists.
CURRENT ECONOMIC ISSUES
Students are expected to hold a research forum This elective course requires students to use basic
where they will provide feedbacks on their economic theories and concepts to study selected
findings as well as their proposed interventions current local, national, regional or global issues
and recommendations for the betterment of the such as crime, poverty, inflation, unemployment,
programs and services of specific agencies such the energy crisis, environmental protection and
as LGUs, NGOs, private institutions, and business climate change, health care, education, financial
community. crises, the economics of war and terrorism, and
globalization.
At the end of the course, the students should AGRICULTURAL ECONOMICS
be able to explain the causes and the dynamics This 3-unit course deals with the application of
of their selected issue using economic analysis , economic theory and practices in an agricultural
economic tools and well-researched information . setting. During this course, major economic
They must be able to critique current efforts to topics and issues facing agricultural producers,
address these issues in the context of authentic consumers, agricultural input industries, food
human development , make informed judgments and fiber marketers/retailers and agricultural
and present their own recommendations in policymakers will be examined. This course is
addressing these issues. suitable for individuals who have interest in
knowing the relationship between economic
INDUSTRIAL ECONOMICS development and agricultural economics through
The program of this course consists of three economic analysis.
major parts. The first part constitutes a
methodological and theoretical introduction into At the end of the semester, the students will be able
the tools, methods and approaches used all over to identify problems and other deterrents affecting
the course. IT provides a quick review of game the agricultural sector development particularly in
theoretic concepts, followed by the discussion of Negros Occidental and be able to identify economic
the nature of markets, the firm and the agency theories , tools and principles that may be used to
relations within business organizations. The address such problems.
second part constitutes the core of the course,
and covers imperfect competition in static and PERSONAL FINANCE
dynamic settings, theoretical and empirical studies The purpose of this course is for students to learn
of collusion, entry and accommodation, product about budgeting personal and family accounts,
differentiation, monopolistic behavior, vertical budgetary control, bank accounts, investing,
integration and determinants of market structure. insurance, borrowing , standards of living, renting
The third part is devoted to industrial policy or home ownership, and wills and trust plans. The
and efficiency analysis, including government course introduces students to knowledge and
regulation and natural monopolies reforms with skills that they need to make informed decisions
examples and applications. about real world financial concerns. The course
content is designed to help the student make
At the end of the course, the students ghouls wise spending, saving, and credit decisions and
be able to distinguish the different categories to make effective use of resources to achieve
of economic organizations and examine their personal financial stability, security and growth.
strategic behaviour and business practices. They Upon course completion, the student should have
must examine and analyze the use of game theory the ability to make appropriate financial decisions,
in current firm behavior/practice; and develop a both personal and business. They should be able
plan for solving a given problem in an industry to make spending and investment decisions that
using the relevant theories taught. maximize financial gains and benefits. Further,
Students should be able evaluate savings and
MONETARY AND FISCAL ECONOMICS investment strategies to achieve financial goals.
This elective course for Economics Major offers
an introduction to modern monetary and fiscal ECONOMIC STATISTICS
policy. It covers a few alternative models of It is a 3-unit basic course in Economic Statistics
monetary economics, which offers motivations for specially designed for students majoring in
the existence of money in economy. It extends Economics. It begins with a review of the basic
the analysis of alternative policy rules to the open statistical analysis and proceeds with regression
economy and focuses on the interdependence analysis and hypothesis testing with application,
of monetary and fiscal policy. Finally, it discusses through model building and estimation. It
some more political economy issues. The course will is a software-based course with laboratory
enable students to realize the real value of money in applications. At the end of the course, the
the economy and that money per se is not the source students will be able to understand the principles,
of evil but really is dependent on how it is being concepts and tools of analysis used in statistics
used. This will give them an opportunity on how and apply these critically to analyze economic
powerful the government is as an agent of change. problems besetting human behavior. It concludes
They will realize that if people in government are just with a final group paper with empirical application
God-fearing and competent, it can really uplift the of some of the statistical tools using SPSS. This
lives of the Filipinos. paper will have to be successfully defended by the
end of the semester in order to pass the course.
At the end of the course, the students are expected
to make group presentations on a given research or Upon completion of the course, the students
case about an economic problem experienced by will be able to develop not only oral and written
any country related to a monetary or fiscal policy communication skills but also aptitude for
issue. quantitative and qualitative analysis which requires
critical thinking, personal discipline, accuracy,
decisiveness, and consistency. At the end of the
Course, students will be able to develop critical
thinking and problem-solving skills necessary
in analyzing real-world economic problems
effectively showing that they can identify, collect,
process, and analyze the appropriate economic
data using the principles, concepts, and tools
in economic statistics and present solutions to
problems in a way that is clear and accurate for
the needs of the target clienteles.