Polangui Community College: Page 1 of 16
Polangui Community College: Page 1 of 16
Polangui Community College: Page 1 of 16
A. demonstrate understanding of the cause and effects of inflation, unemployment, fiscal and monetary policies, modes of
taxation, international trade, Gross National Product, Gross Domestic Product, and consumer development index;
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.
Page 1 of 16
WEEK COURSE CONTENT/SUBJECT MATTER
1 VMGO of PCC
2 Understanding Economics
3 The Circular Flow of Economic Activities
4-6 An Introduction to Demand and Supply
7-8 National Income Accounting
9 Midterm Examination
10 Consumption, Savings and Investment
11-13 Macroeconomic Instability: Unemployment and Inflation
14-15 Money, Banking and Monetary Policy
16 Fiscal Policy
17 International Trade Practices and Policies
18 Final Examination
LEARNING PLAN
DESIRED LEARNING COURSE CONTENT/ TEXTBOOKS/ TEACHING AND LEARNING ASSESSMENT OF TASKS RESOURCES TIME
OUTCOMES (DLO) SUBJECT MATTER REFERENCES ACTIVITIES (TLAs) (ATAs) MATERIALS FRAME
Discuss the VMGO of the VMGO of PCC Projector Week 1
Reading and
institution as crafted PCC Student Handbook Question and answer
Orientation of the explaining the VMGO White Board
in the course to elicit student’s
of PCC
course as to importance Course Syllabus perception and Computer/ Laptop
Introduction of the to the subject understanding
Student participation
course/ subject PowerPoint
Presentation
Define and discuss I. Understanding https://www.soas.ac.u Lecture-discussion Written objective Projector Week 2
Economics and its two Economics k/cedep- using PowerPoint test/essay on
major divisions a. Economics defined demos/000_P542_EP_K37 Presentation on understanding White Board
b. Nature of 36- understanding economics
Computer/ Laptop
Describe the nature of Economics Demo/module/pdfs/p542 economics
Economics c. Methods and Tools _unit_01.pdf PowerPoint
of Economics Presentation
Enumerate and d. Divisions of https://www.slideshar
differentiate the Economics e.net/jsrijan/srijan-
different methods and e. The Methodology ppt
tools used in the study of Economics https://www.tutor2u.n
of economics et/economics/referenc
e/nature-of-
Discuss the methodology economics-
of Macroeconomics. introductory-concepts
https://www.slideshar
e.net/GennyNazal/basi
Page 2 of 16
c-concepts-of-
economics-8357280?
next_slideshow=1
Discuss the circular II. The Circular Flow of https://www.rlacolleg Lecture-discussion Written objective Projector Week 3
flow of output and Economic Activities e.edu.in/pdf/Eco_Pres using PowerPoint test/essay on the
income a. The Circular Flow entations/Principleso Presentation on the circular flow of White Board
of Output and fmacroeconomics/Econo circular flow of economic activities
Computer/ Laptop
Explain the relationship Income mic-Activity.pdf economic activities
of the multiplier effect b. The Multiplier Determine how many PowerPoint
and the circular flow Effect and the https://www.slideshar Simulation. Divide resources were unsold
e.net/tutor2u/the- Presentation
Circular Flow the class into four or unused. Do the
Discuss the inflows and c. Inflows and multiplier-effect- groups: Households, same for goods and
outflows of wealth in Outflows 28575876 Firms, Government and services.
the circular flow of Foreign Sector. Note
output and income. how many students are Discuss the two-
in each group. Make sector circular flow
as many bundles of model, assuming the
money and resources Households own all
as the number of resources, selling
students. Print out these to the Firms,
play money (using earning rent on land,
genuine Philippine wages for labor,
bills) and print out interest for capital
resource certificates and profit for the
as Land, Labor or entrepreneur. The
Capital. Divide the Firms then use the
money equally into resources to produce
four envelopes (but goods and services,
with different which the households
denominations, some buy. Output will be
with more money than reflection paper on
others) and divide the two-sector
the resources into circular flow model
six envelopes (with a
different combination
of land, labor,
capital and
entrepreneur). Do not
worry that some
Households will have
more or less
resources, or Firms
have more or less
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money than others.
That is how it is in
real life.
Households seek to
optimize incomes in
the Resource Market
to maximize their
consumption of goods
and services in the
Product Market. So
households should try
to sell their
resources for the
highest price
possible and buy
products at the
lowest price possible
Distribute different
amounts of money to
the Firms. Each Firm
Page 4 of 16
should know how much
it had at the start
so it will be able to
tell if it profits or
losses at the end.
Define and discuss III. An Introduction to https://ocw.mit.edu/c Lecture-discussion Lecture-discussion Projector Week
demand, demand schedule Demand and Supply ourses/sloan-school- using PowerPoint using 4-6
and demand curve as well a. Demand of-management/15-988- Presentation on PowerPoint White Board
as supply, supply a.1 Demand system-dynamics-self- demand and supply Presentation and
Computer/ Laptop
schedule and supply Schedule and study-fall-1998- video clips on the
curve Demand Curve spring- Have students conduct demand, supply PowerPoint
1999/readings/economi surveys and generate and elasticity of Presentation
a.2 Law of Demand
Analyze the market cs.pdf their own demand demand and
a.3 Changes in
dynamics using the law schedules (tables) supply
of demand and law of Quantity Demanded https://www.slideshar for a commonly
supply and Movements e.net/kinnar32/demand purchased lunch item Misconception Check.
Along the Demand -and-supply-10239895 – slices of pizza or Discover
Discuss aggregate demand Curve kanin at ulam, for class’
https://learn.saylor.
and its determinants, as a.4 Ceteris example. Associate preconceptions.
org/course/view.php?
well as aggregate supply Paribus id=8§ionid=53 the law of demand Useful for starting
and its determinants Assumption with students’ own lessons in economics.
a.5 Changes in http://web.uvic.ca/~b behavior, as
Compute the coefficient Demand and Shifts ettyj/203/PES.pdf represented in their Worksheets for
of elasticity of demand in the Demand demand schedules. calculations
and supply. https://nptel.ac.in/c
Curve ontent/storage2/cours Make a hypothetical Punctuated Lectures.
a.6 Aggregate es/110101005/download situation in Ask students
Demand s/Lecture%2014.pdf constructing a supply to perform 5 steps:
a.7 Determinants schedule for a listen, stop,
of Aggregate particular product reflect, write, and
Demand (Ex. corn, onion, give feedback.
a.8 Elasticity of shirt, ukay-ukay). Students become self-
Demand monitoring listeners.
b. Supply Provide practice
b.1 Supply problems in which Word of the Day.
Schedule and students plot demand Select an important
Supply Curve and supply curves term and highlight it
b.2 Law of Supply from schedules or throughout the class
b.3 Changes in charts. session, working on
it as many concepts
Quantity Supplied
Conduct a classroom as possible.
and Movements
simulation in which Challenge students to
Along the Supply students experience do the same in their
Curve
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b.4 Changes in the emergence of interactive
Supply and Shifts equilibrium price and activities
in the Supply quantity from the
Curve unorchestrated
b.5 Aggregate interaction of buyers
Supply and sellers.
b.6 Determinants
Provide practice
of Aggregate
problems – both
Supply graphic and narrative
b.6 Elasticity of – in which students
Supply identify the market
impacts of changes in
the determinants of
demand and/or supply.
Provide practice
problems – both
graphic and narrative
– in which students
must distinguish
between changes in
demand and quantity
demanded, and changes
in supply and
quantity supplied.
Provide practice
problems in which
students compose
narrative
explanations based on
graphic models, and
graphs based on
narratives.
Discuss and identify the IV. National Income https://www.slideshar Lecture-discussion Written objective Projector Week
different approaches to Accounting e.net/georgimathew/na using PowerPoint test/essay on demand, 7-8
national income a. Approaches to tional-income- Presentation and supply, and White Board
accounting National Income accounting-114271749 video clips on elasticity of demand
Computer/ Laptop
Accounting national income and supply
Discuss the nature, https://learn.saylor. accounting
a.1 Income org/mod/page/view.php PowerPoint
purpose and limitations Oral recitation on Presentation
Approach ?id=7599
of GNP accounting Misconception Check. their insight from
a.2 Expenditure
Page 6 of 16
approach https://www.slideshar Discover class’ media search
Distinguish GNP from a.3 Industrial e.net/IvyTumbagahon/c preconceptions.
GDP, Money GNP from Real Origin Approach hap-4-national- Useful for starting
GNP b. GNP Accounting: income-acctg-ppt lessons in economics
Meaning, Purpose http://home.uchicago.
Compute money GNP and and Limitations Worksheets for
real GNP edu/~kanit/kanitk/Tea calculations
c. GNP vs. GDP ching_%28UW-Madison
d. Money GNP vs. %29/Entries/2015/1/21
Interpret GNP as a Media Searching.
measure for economic Real GNP _ECON_102__Principles Obtain the latest
growth. _of_Macroeconomics(Sp data from broadsheet,
ring_2015)_files/hand tabloid, online news,
out4.pdf or websites, which
compare GNP with
other factors in
industrialized.
MIDTERM EXAMINATION Week 9
Discuss and identify the V. Consumption, Savings https://nios.ac.in/me Lecture-discussion Written objective Projector Week 10
different factors of and Investment dia/documents/SrSec31 using PowerPoint test/essay
consumption a. Factors of 8NEW/318_Economics_En Presentation and consumption, savings White Board
Consumption g/318_Economics_Eng_L video clips on and investment
Computer/ Laptop
Discuss the consumption b. Consumption esson26.pdf consumption, savings
function Function and investment PowerPoint
https://socialsci.lib
c. Other Concepts of retexts.org/Under_Con Misconception Check. Presentation
Identify and distinguish
Consumption struction/Book
the different concepts Discover class’
of consumption c.1 Equi-Marginal %3A_Macroeconomics_- preconceptions.
Principle _Theory_Markets_and_P Useful for starting
Discuss savings, c.2 Income and olicy_(Curtis_and_Irv lessons in economics.
investments, and their Substitution ine)/6%3A_Aggregate_E
determinants Effects xpenditure_and_Aggreg Real World. Have
d. Investment, Its ate_Demand/6.2%3A_Con students discuss in
Discuss multiplier and Determinants sumption%2C_Saving class how a concept
accelerator f. explain %2C_and_Investment on consumption,
e. Savings and
the paradox of thrift. Investment savings, and
f. Multiplier and investment relate to
Accelerator a real-world
application or
g. The Paradox of
product.
Thrift
Differentiate between VI. Macroeconomic https://learn.saylor. Lecture-discussion Written objective Projector Week
unemployment, Instability: org/course/view.php? using PowerPoint test/essay 11-13
underemployment and full Unemployment And id=9§ionid=70 Presentation and White Board
employment video clips on Vlogging. Output will
Page 7 of 16
Inflation https://www.slideshar macroeconomic be a reflection paper Computer/ Laptop
Explain the causes, a. Areas of Labor e.net/fatinnazihahazi instability, on the causes of
types, effects and Problem z/topic-6- unemployment and unemployment in their PowerPoint
measurement of unemployment- inflation. areas. Presentation
a.1 Unemployment
unemployment a.1.1 inflation-58486133
Unemployment Three-minute Video Recitation on the
Identify the types of https://www.ilo.org/w Blogging or VLOGging, content of the
vs. cmsp5/groups/public/-
wages three times a week, speech/dialogue or
Under/Full --ed_protect/--- on the condition of insights on the issue
Explain Lorenz curve and Employment protrav/--- unemployment in their on inflation
relate the concept to a.1.2 travail/documents/gen areas, based on an
income distribution in Causes/Types ericdocument/wcms_508 approved interview Output will be a
the Philippines Of 526.pd schedule reflection paper on
Unemployment their preference of
https://www.oecd.org/
Define labor union a.1.3 Other social/labour/3425178 Gap Exercises. time (past or
Causes of 8.pdf Students freewrite present) based on the
Explain what collective Unemployment for three minutes on results of prices of
bargaining is a.1.4 “what is” versus products, and the
Economic and https://www.cengage.c “what should be” in answers from the
Explain industrial Noneconomic om/resource_uploads/d the wages of Filipino interview
unrest and its ownloads/1111221464_2 workers, then debrief
Costs of
implication to the labor 63559.pdf in threes. When it’s
Unemployment
sector a student’s turn, he
a.1.5 https://www.ilo.org/l or she summarizes his
Differentiate between Measuring egacy/english/inwork/ or her freewrite and
inflation and deflation Unemployment cb-policy- then is silent and
a.2 Inadequacy of guide/philippinesindu listens as the other
Explain the causes, Wages strialrelationsandcol two ask questions
effects and measures to a.2.1 Types of lectivebargaining.pdf only (give no advice,
curb inflation Wages do not swap stories),
https://www.rba.gov.a
a.2.2 Lorenz then work around the
u/education/resources
Calculate the purchasing Curve group every couple of
/explainers/pdf/infla
power of the peso and a.3 Industrial minutes. Someone will
tion-and-its-
inflation rate and Labor report his/her notes
measurement.pdf
on “what is” versus
Management
https://www.imf.org/e “what should be”
Conflict
a.3.1 Labor xternal/region/tlm/rr
/pdf/Nov3.pdf Provocative Picture.
Unionism and Begin the lecture
Collective https://www.princeton with a picture meant
Bargaining .edu/~pkrugman/KW32.p to provoke discussion
a.3.2 df or emotion. Option:
Industrial caricature or cartoon
Page 8 of 16
Unrest
a.3.3 Settling Livestream video
Industrial clips of the
Disputes Philippine Senate in
a.4 Economic plenary session on
Insecurities Philippine inflation,
or interview with
b.Inflation:
officials of Bangko
Defined and
Sentral ng Pilipinas
Measured (BSP) on inflation
b.1 Inflation vs. issues, and others
Deflation
b.2 Measuring Video clips on
Inflation Industrial and Labor
b.3 Causes: Management Conflict
Theories of in the Philippine
Inflation setting
b.4
Redistributive Case analysis of
Effects of settling industrial
disputes
Inflation
b.5 Measures to
Interview with
Curb Inflation grandparents/elders
and younger
generation regarding
the past and present
situations of
different products
and prices. Approved
guide questions will
be used. Compare the
results of different
times from the
interview form.
Grandparents/Elder
s
Yea Product Pric
r e
1.
Young Generation
Yea Product Pric
Page 9 of 16
r e
1.
Discuss the functions of VII. Money, Banking and https://opentextbc.ca Misconception Check. Written objective Projector Week
money, money supply, the Monetary Policy /principlesofeconomic Discover class’ test/essay on money, 14-15
Central Bank a. Functions of s/chapter/27-1- preconceptions. banking and monetary White Board
Money and Money defining-money-by- Useful for starting policy
Computer/ Laptop
Explain the monetary Supply its-functions/ new lessons in
policies and their b. Money and the economics. Media Searching. PowerPoint
limitations. https://www.investope Output will be
Central Bank dia.com/terms/c/centr Presentation
PowerPoint reflection paper
c. Functions of a albank.asp Presentation and
Central Bank video on money,
d. Monetary Policies https://www.thebalanc
e.com/what-is- banking and monetary
and their policy
monetary-policy-
Limitations
objectives-types-and-
tools-3305867
Define fiscal policy VIII. Fiscal Policy https://ocw.mit.edu/c Misconception Check. Written objective Projector Week 16
a. Fiscal Functions ourses/economics/14- Discover class’ test/essay on fiscal
Explain the sources and b. Sources and Uses 02-principles-of- preconceptions. policy White Board
uses of public funds of Public Funds macroeconomics- Useful for starting
Computer/ Laptop
c. Principles of spring-2014/lecture- the lesson in fiscal Survey Results.
Explain the principles Taxation notes/MIT14_02S14_Fis policy Output will be PowerPoint
of taxation cal_Policy.pdf reflection paper on Presentation
d. Approaches to
PowerPoint the effects of TRAIN
Equitable https://www.slideshar
Explain the objectives Presentation and Law in the
as well as shortcoming Taxation e.net/BenedickLedesma video clips on fiscal Philippines
of fiscal policies. e. Uses and /sources-of-funds- policy
Objectives of for-the-national-
Fiscal Policy government Reality Check.
f. Shortcomings of Observing and
https://www.britannic
Fiscal Policies a.com/topic/taxation/ reporting to the
Principles-of- class the sources of
taxation government/public
structures, etc.
https://www.oecd-
ilibrary.org/docserve Media Check. Search
r/9789264218789-5- for the content of
en.pdf? official websites of
expires=1617167861&id DBM, and other
=id&accname=guest&che government agency
cksum=BF52B28ADA0E0E5 websites for updates
4D5172F3F89FFA3D7 on budget of
Page 10 of 16
http://www2.harpercol expenditures and
lege.edu/mhealy/eco21 sources of financing
2i/lectures/fiscpol/f
p.htm Debate about the Tax
Reform for
https://www.reed.edu/ Acceleration and
economics/parker/s11/ Inclusion (TRAIN) Law
314/book/Ch18.pdf
https://open.lib.umn. Survey on the effects
edu/principleseconomi of TRAIN Law on
cs/chapter/27-3- different sectors in
issues-in-fiscal- their
policy/ municipality/city
Define trade, IX. International Trade https://www.slideshar PowerPoint Written objective Projector Week 17
international trade Practices and Policies e.net/mariz_rose04/ch Presentation and test/essay on
a. Bases of ap-12-international- video clips on international trade White Board
Explain the bases of International trade-practices-and- international trade practices and
Computer/ Laptop
international trade Trade policies-14717286 practices and policies
b. Balance of policies PowerPoint
Differentiate between https://files.stlouis Oral recitation on
Trade/Payments fed.org/files/htdocs/ Presentation
Balance of Trade and The Trade Game. the bases of
b.1 Trade publications/review/8
Balance of Payments - Divide the class international trade,
Barriers 9/01/Trade_Jan_Feb198 into five groups and difference between
Identify and explain the b.2 Other 9.pdf assign each group one Balance of Trade and
different trade barriers Arguments for of the following Balance of Payments,
Trade Barriers countries: United and different trade
Conduct a survey of Kingdom, China, barriers
small -scale Colombia, Saudi
business/entrepreneurs Arabia, and Ghana. Survey Result. Output
on the challenges List the following will be a reflection
encountered . exports and their paper on the
values on the board challenges
for reference during encountered by small-
trading: scale business/
Gold—5 points per entrepreneurs on
unit; trade practices and
Oil—4 points per policies in the
unit; Philippines.
Lumber—3 points
per unit;
Electronics—2
points per unit;
Page 11 of 16
Coffee—1 point per
unit.
- Tell students that
the objective is for
each student to get
the most points by
trading their
country’s goods for
products from another
country. Each team
will start with a set
of trading cards that
represents their
country’s worth. The
game allows for “free
trade,” meaning any
country can trade
with another country,
and any item and/or
amount of product can
be traded for
another. Explain to
students that they
can creatively market
their products or
combine products to
end up with something
more desirable.
- Allow for ten
minutes of open
trading. Then
announce the
following: WORLD
SITUATION: The world
is running out of
oil, making oil
extremely rare and
much more expensive
OUTCOME: The worth
of oil increases by
two points. Update
the point system on
the board to reflect
Page 12 of 16
the increase in
points per unit for
oil
- Offer the following
world situation and
outcome to see how it
impacts the final
results:
- WORLD SITUATION:
Ghana learns to make
counterfeit
electronics, making
its electronics
cheaper
- OUTCOME: Ghana
takes one electronic
unit from each
country.
Re-tally the points
and figure out who
got the most points.
Ask insight
questions, and
proceed with the
discussion.
• Conduct a survey of
small-scale
business/entrepreneur
s on the challenges
encountered on trade
practices and
policies in the
Philippines
FINAL EXAMINATION Week 18
https://www.tutor2u.net/economics/reference/nature-of-economics-introductory-concepts
https://www.slideshare.net/GennyNazal/basic-concepts-of-economics-8357280?next_slideshow=1
Page 13 of 16
https://www.rlacollege.edu.in/pdf/Eco_Presentations/Principlesofmacroeconomics/Economic-Activity.pdf
https://www.slideshare.net/tutor2u/the-multiplier-effect-28575876
https://ocw.mit.edu/courses/sloan-school-of-management/15-988-system-dynamics-self-study-fall-1998-spring-
1999/readings/economics.pdf
https://www.slideshare.net/kinnar32/demand-and-supply-10239895
https://learn.saylor.org/course/view.php?id=8§ionid=53
https://www.slideshare.net/georgimathew/national-income-accounting-114271749
https://learn.saylor.org/mod/page/view.php?id=7599
https://www.slideshare.net/IvyTumbagahon/chap-4-national-income-acctg-ppt
https://nios.ac.in/media/documents/SrSec318NEW/318_Economics_Eng/318_Economics_Eng_Lesson26.pdf
https://socialsci.libretexts.org/Under_Construction/Book%3A_Macroeconomics_-
_Theory_Markets_and_Policy_(Curtis_and_Irvine)/6%3A_Aggregate_Expenditure_and_Aggregate_Demand/6.2%3A_Consumption%2C_Saving
%2C_and_Investment
https://learn.saylor.org/course/view.php?id=9§ionid=70
https://www.slideshare.net/fatinnazihahaziz/topic-6-unemployment-inflation-58486133
https://opentextbc.ca/principlesofeconomics/chapter/27-1-defining-money-by-its-functions/
https://www.investopedia.com/terms/c/centralbank.asp
https://www.thebalance.com/what-is-monetary-policy-objectives-types-and-tools-3305867
http://home.uchicago.edu/~kanit/kanitk/Teaching_%28UW-Madison
%29/Entries/2015/1/21_ECON_102__Principles_of_Macroeconomics(Spring_2015)_files/handout4.pdf
https://ocw.mit.edu/courses/economics/14-02-principles-of-macroeconomics-spring-2014/lecture-notes/MIT14_02S14_Fiscal_Policy.pdf
https://www.slideshare.net/BenedickLedesma/sources-of-funds-for-the-national-government
https://www.britannica.com/topic/taxation/Principles-of-taxation
https://www.oecd-ilibrary.org/docserver/9789264218789-5-en.pdf?
Page 14 of 16
expires=1617167861&id=id&accname=guest&checksum=BF52B28ADA0E0E54D5172F3F89FFA3D7
http://www2.harpercollege.edu/mhealy/eco212i/lectures/fiscpol/fp.htm
https://www.reed.edu/economics/parker/s11/314/book/Ch18.pdf
https://open.lib.umn.edu/principleseconomics/chapter/27-3-issues-in-fiscal-policy/
https://www.slideshare.net/mariz_rose04/chap-12-international-trade-practices-and-policies-14717286
https://learn.saylor.org/course/view.php?id=8§ionid=53
http://web.uvic.ca/~bettyj/203/PES.pdf
https://nptel.ac.in/content/storage2/courses/110101005/downloads/Lecture%2014.pdf
https://www.ilo.org/wcmsp5/groups/public/---ed_protect/---protrav/---travail/documents/genericdocument/wcms_508526.pd
https://www.oecd.org/social/labour/34251788.pdf
https://www.cengage.com/resource_uploads/downloads/1111221464_263559.pdf
https://www.ilo.org/legacy/english/inwork/cb-policy-guide/philippinesindustrialrelationsandcollectivebargaining.pdf
https://www.rba.gov.au/education/resources/explainers/pdf/inflation-and-its-measurement.pdf
https://www.imf.org/external/region/tlm/rr/pdf/Nov3.pdf
https://www.princeton.edu/~pkrugman/KW32.pdf
https://www.slideshare.net/mariz_rose04/chap-12-international-trade-practices-and-policies-14717286
https://files.stlouisfed.org/files/htdocs/publications/review/89/01/Trade_Jan_Feb1989.pdf
Course Requirements Active participation to the different activities
Advanced reading in the topics assigned
Alternative/Authentic Assessment (learning logs, Journals and Portfolio)
Attendance
Reaction Papers
Graded Recitation
Individual Report
Passing Major Examinations (Midterm and Final)
Quizzes
Submission of requirements on time
Project
Grading System Class Standing = 60%
Class Participation (recitation) = 20%
Class Requirements (research work, project, experiment, etc.) = 25%
Deportment = 10%
Attendance = 5%
Quizzes (3-4 quizzes per term) = 15%
Mid Term/Final Exams = 25%
TOTAL = 100%
Page 15 of 16
Classroom Policies a. Punctuality in attending your classes
b. Always wear the proper uniform
c. Well-groomed
d. Maintain the cleanliness of the classroom
e. Always observe decorum
f. Cell phones are to be put on “silent- mode” and calls are not to place or answered during class.
g. Students must secure excuse letter if you are absent the previous meeting/s.
Prepared:
Page 16 of 16