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Course Code
Econ 1N
Course Title
Course Prerequisite
None
Course Credit
Course Description
:
Course in economics with the integration of health issues. It focuses on the micro and macro economic aspects with regards
to health services and consumption in the Philippine setting.
Course Content
Week
1st
and
2nd
:
Learning Objectives
Cognitive
1. Describe and compare how
man manages his resources in
every stage of the societys
historical development in satisfying
his wants
and needs.
Affective
2. Value the importance of
acquiring skills of
identifying effective
means of managing
scarce resources in a certain time
and place
to satisfy wants and
needs.
Psychomotor
3. Connect the relation ship
involve in the
development of mans way of
managing resources in every stage
of the societys historical
development.
Cognitive
1. Explain why Economics is
considered a science and its
relationship with other social
sciences.
2. Understand the role of
economists in the health sector.
Focal Points/Topics
1. Nature of
Economics
A. Historical
Background
1. Ancient
Plato
Aristotle
Xenophon
Holy Scriptures
2. Medieval
Feudalism
Scholasticism
Physiocracy
Caciquism
Mercantilism
Competencies
Research Analysis
On the various
school of thoughts
from the
contributions of
famous economists
and systems
Classify economic
concepts, principles,
laws, models and
theories from the
various school of
thoughts
3. Classical
Adam Smith
David Ricardo
Robert Thomas
Malthus
John Maynard
Keynes
Milton Friedman
4. Neo-Classical
Revised as of (May 2009)
Teaching
Strategies
Relating Significant
Contributions to
Historical
development of
economics.
Cell Sharing
Comparing
Concepts
Values
Resource
Management based
on:
Communal Property
and Individual
Incentive
Appreciation of the
various economic
school of thoughts
e.g. Economic
Wealth defined by
Xenophon in the
Ancient Period;
Wealth defined by
Mercantilism in
Medieval Period and
Wealth defined by
Adam Smith in the
Classical Period.
Evaluative
Measures
Economic Alphabet
on the basic
concepts
Critic Paper
Quizzes
Recitation on issues
surfacing around the
local, global
economies
Week
3rd
and
4th
Leaning Objectives
Affective
2. Appreciate how Economics
utilizes other branches of the
Social
Sciences in formulating
Solutions to solve the
Problem of scarcity.
Psychomotor
3. Construct a concept or
generalization in the
significance of the tools and
methods use in
Economics and its
pursuit in managing
resources effectively and
efficiently to satisfy wants and
needs of man.
Focal
Points/ Topics
B. Economics as a
Science
1. Definition of
Competencies
Enhancement of
knowledge and
Comprehension
Economics/Etymology
a. Basic Concepts
b. Relationship of
Economics to other
Social Sciences.
Teaching
Strategies
Editorials
Community Statistics
Group Sharing
Participatory
Discussion
2. Methodology
3.1 Scientific
Method
3.2 Positive and
Normative
Eco.
Values
Efficiency
Evaluative
Measures
Week
5th
and
6th
Leaning Objectives
Cognitive
1. Analyze the role and the
significance of the different
economic sectors on how they
allocate distribute resources in
satisfying the needs of the
society.
Affective
2. Form sound judgment in the
implications on how the wants
and needs are satisfied base
on the type of economic system
adapted by a society.
Psychomotor
3. Connect the five basic
economic questions to the type
of economic
system that could be
adapted in analyzing a socioeconomic problem in the Phil.
setting.
Focal
Points/ Topics
C. The Economy
1. Economic
Sectors/Units
2. Basic Economic
Questions
3. Economic
Activities/Processes
4. Circular Flow
5. Economic
System
Allocation Processes:
Tradition
Command
Market
Competencies
Critical / Logical
Thinking
Teaching
Strategies
Group Discussion
Lectures
Supplement:
Handouts
Comparative
Analysis
Resourcefullness
Equity
Rationalism
Role Playing;
Sectors of an
economy
Values
Evaluative
Measures
Group Assignment
Identifying
programs,
problems, structure
of institution under
each economic
sector in the
Philippines
Week
7th
and
8th
Leaning Objectives
Cognitive
1. Correlate the different types
of market structure to the ability
of the consumers to satisfy their
needs.
Affective
2. Understand the implication of
a market structure to the ability
of the consumers in satisfying
their needs through reading
cases related to health sector
and drug industry in the
Philippines.
Focal
Points/ Topics
2. Microeconomy
A. Market
Structures and Its
Changes
1. Ideal Market
Pure Monopoly
Pure Competition
2. Imperfect
Markets
Oligopoly
Monopolistic
Competition
Competencies
Data Gathering,
Analysis, and
Interpretation
Teaching
Strategies
Editorial Cartoons
Identifying Market
Type Illustrations
Research Analysis
Research on Market
Issues in Action
Manipulating data
and comparative
analysis
Psychomotor
3. Construct an essay about
ones reaction on how the
health sector
provides their services,
and its effect in the
governments aim of uplifting
the economics condition of the
state
Values
Economic and
Health
Consciousness
Consumerism and
consumer rational
behavior
Evaluative
Measures
Oral Presentation to
identify the roles of
each economic
sector and their
interrelationships
Week
9th and
10th
Leaning Objectives
Cognitive
1. Analyze the price and non-price
factors affecting the D/S of goods
and services.
2. Correlate the concept of
elasticity on the ability of the
consumers to satisfy wants and
need especially those related
to health.
Affective
3. Appreciate the importance of graphs and tables in
presenting a
clear picture on the
relationship between
variables affecting
supply and demand, and issues
related to elasticity.
Psychomotor
4. Construct graphs and
tables in interpreting
how factors can affect
the supply and demand, and the
ability of the consumers to satisfy
wants and needs based on the
elasticity of the goods and services
related to health.
Focal
Points/ Topics
B. Demand / Supply
Analysis
1. Concept of
Demand
2. Determinants of
Demand
Competencies
Date Analysis
And Interpretation
Teaching
Strategies
Mathematical
Computations and
Manipulation of data
and analysis
Graphical
Illustrations
Values
Resourcefulness,
Innovation,
Evaluative
Measures
Popcorn
Recitation
Graded Analysis on
sample cases
Research Reports
3. Concept of Supply
4. Determinants of
Supply
5. Market Equilibrium
5.1 Concept of
Market Equilibrium
5.2 Market
Intervention
Role Play
Price Monitoring
Competition
Cooperation
Supplement:
Handouts
6. Elasticity Concept
6.1 Price Elasticity
a. Demand
Elasticity and Its
Determinants
b. Supply Elasticity
and Its Determinants
6.2 Income
Elasticity
6.3 Cross-Elasticity
Cases / Tables /
Statistics / Graphs
Week
th
11 and
12th
Leaning Objectives
Cognitive
1. Explain the significance of the
different factors
involved in the produc- tion of
goods and services related to
health & health care.
Affective
2. Value the importance of
acquiring skills of identifying the
quality and quantity of factors
involved in the production of goods
and services related to health and
health care on their role of attaining
the objective of uplifting the
economic condition of the state.
Focal
Points/ Topics
C. Production
Concept
1. Economic
Resources
2. Diminishing
Marginal Returns
3. Economic Costs,
Revenue, and Profits
Emphasis on
a. Production,
Health
& Health Care:
Efficient Use of
Inputs
Competencies
Data Gathering,
Teaching
Strategies
Concept Map
Values
Entrepreneurship
Evaluative
Measures
Group Activity on:
1. Data Manipulation
and Analysis
Participatory
Manipulation of data
and data analysis
Efficiency,
2. Graphical
Illustration and
Interpretation
Discussion
Profit Maximization
Use of Tables /
Charts, Case
Quiz
Analysis
Psychomotor
3. Trace the floe of relationship
between the firms & households
by integrating certain issues related
in the production of services
related to health and health care.
Week
13th and
14th
Leaning Objectives
Cognitive
1. Correlate GNP and
GDP to the level of
satisfaction of wants
and needs of the
consumers related to
health.
2. Understand the causes and effects
of business cycle, inflation, and
unemployment to current
economic/health issues and
developments.
Affective
2. Sustain interest in the
importance of utilizing charts, graphs,
and tables related to national income
in preparing a clear picture of the
condition/status of the consumers on
the kind of health care services they
acquire from the government.
Psychomotor
3. Trace the circular flow
of economic activities
illustrating the countrys national
income and identify how national
policies can disrupt/ sustain the fluidity
of the relationship of one
component to the other.
Focal
Points/ Topics
. Macroeconomy
A. National Income
Accounts
1. Gross National
Product
2. GDP
3. National Income
Competencies
Analysis,
And Interpretation
Manipulation of data
and comparative
analysis
B. Business Cycle
1. Phases and
Causes
Teaching
Strategies
Data Manipulations
Participatory
Discussion
Supplement:
Handouts
Research on
Economic and
Health Issues
C. Inflation
1. Types, Causes
and Effects
D. Unemployment
1. Causes and
Effects
Values
Nationalism
Evaluative
Measures
Group Presentation
on Sample Cases
Global Perspective
on International
Assignment on
Identifying benefitcost on productive
economic activities
Quiz
Week
15th and
16th
Leaning Objectives
Cognitive
1. Analyze the significance of uplifting the
condition of those in the
agrarian sector as a
means in improving the
economic condition of the
state.
Affective
2. Form a sound judge-ment in
identifying loopholes and
formulating solutions in the
effective implementation of
comprehensive agrarian reform
program.
Focal
Points/ Topics
4. Agrarian Reform
A. Historical
Background
B. Republic Act
6657 or CARL
1. Land Holdings
2. Coverage
3. Acquisition
4. Beneficiaries
5.
Implementation/
Phases
Competencies
Comparative
Analysis on
Land Reform
Programs
Teaching
Strategies
Cell Discussion
Values
Cooperation
Evaluative
Measures
Gathering actual
statistical data and
analyze results
Quizz
Supplement:
Handouts
Psychomotor
3. Develop an essay on the role
the student in helping the
government attain the objective
of agrarian reform which is
uplifting the socio-economic
condition of those in the
agrarian sector.
Environmental
Awareness
Oral Presentation on
Research Topics
Week
Leaning Objectives
Cognitive
1. Discuss the basic concepts
of taxation.
17th and
18th
Affective
2. Value the importance of
taxation as means of the state
is satisfying the wants and
needs of its subjects.
Psychomotor
3. Compute an income tax
based on the current tax
scheme.
Focal
Points/ Topics
5. Taxation
A. Nature of Taxes
and Taxation
B. Classification of
Taxes
C.
Principles/Theories of
Competencies
Tax
Computation
Comparative
analysis on tax rate;
tax system
effectiveness
Taxation
D. Sound Tax
System
E. Income Taxation
Teaching
Strategies
Cell Discussion
Values
Responsible
Citizenship
Supplement:
Handouts
Computation of ITR
Social
Awareness and
Consciousness
Prudence and
Judicious judgment
on public spending
Evaluative
Measures
Group Assignment
on Comparative
Study of Different
Land Reform
Programs.
Quizz
Group Exercise on
ITR
Computation on
hypothetical
problems
Quizz
10
Textbook:
Teaching Materials: Textbooks: Economics, An Introduction
Villegas and Abola
Sinagtala Publishing, 2004
Revised Edition
11
Online/URL:
Computation of grades:
Class Standing (CS) = [Quizzes (50%) + Recitation (30%) + Assignments (20%)] / 3
(1) First Prelims: Prelim Grade = [CS (2) + Prelim Exam] / 3
(2) Midterms: Class Average (CA) = [CS (2) + Midterm Exam]/3; Midterm Grade = [CA (2) + Prelim Grade] /3
(3) Finals: Class Average (CA) = [CS (2) + Final Exam] / 3; Final Grade = [CA (2) + Midterm Grade] / 3
Grade Point System :
1.00 (95-100); 1.25 (90-94); 1.50 (86-89); 1.75 (82-85); 2.00 (78-81); 2.25 (74-77); 2.50 (70-73); 2.75 (65-69); 3.00 (60-64);
5.00 (below 60).
Prepared by :
Reviewed by :
Noted by
12