DMC COLLEGE FOUNDATION

SCHOOL OF BUSINESS AND ACCOUNTANCY

Sta. Filomena, Dipolog City

LESSON GUIDE

INSTRUCTOR : EARL RUSSELL S. PAULICAN

SUBJECT CODE : ECON.1 (Introduction to Economics)
DATE : August 14 and 15, 2017
TIME & DAY : 10:30-12:00 Monday and Tuesday

A. OBJECTIVE (Subject Matter, Topics):

1.) trace the evolution of the word economics through several languages;
2.) give a standard definition of the term economics;
3.) explain the history behind household management in details;
4.) summarize the reasons why students have to study the course in these modern
times;
5.) explain the various approaches to economic thinking;
6.) differentiate microeconomics from macroeconomics as regards their aspects of
study.

B. MATERIALS / REFERENCES (indicate pages)

PRINCIPLES OF ECONOMICS WITH TAXATION AND LAND REFORM (module 1)
(AZARCON, MARZO, et. al)

C. MOTIVATION
Students are introduced to the study of economics and its significance to the course.
D. LEARNIG ACTIVITIES / PARTICIPATION
Role Play
Group activity
E. EVALUATION
Written quiz
Oral Recitation
F. ASSIGNMENT
Memorize and understand the DMCCF Vision, Mission and Goals.
Study next module.
Prepare for a written quiz.

Prepared by : EARL RUSSELL S.PAULICAN

Instructor

Checked by: ARIANNE MAE C. SARENO,LPT

Coordinator

Noted by: RACHELL-ANN B. BULJATIN, CPA

OIC Dean

Approved by: DR. DINO JOEY L. CORDOVA

VP-Academic Affairs
 DMC COLLEGE FOUNDATION
SCHOOL OF BUSINESS AND ACCOUNTANCY
Sta. Filomena, Dipolog City

LESSON GUIDE

INSTRUCTOR : EARL RUSSELL S. PAULICAN

SUBJECT CODE : ECON.1 (Introduction to Economics)
DATE : August 22 and 29, 2017
TIME & DAY : 10:30-12:00 Monday and Tuesday

A. OBJECTIVE (Subject Matter, Topics):

1.) thoroughly explain the central concept of economics in relation to real world applications;
2.) compare and contrast the Production Possibilities Curve and the Production Possibilities
Frontier (PPF);
3.) demonstrate the use of the PPC and PPF;
4.) interpret PPCs and PPFs given their diagrams; and,
5.) explain te various principles that can be learned from the PPC and PPF as applied to real
world scenarios.

B. MATERIALS / REFERENCES (indicate pages)

PRINCIPLES OF ECONOMICS WITH TAXATION AND LAND REFORM (module 2)
(AZARCON, MARZO, et. al)

C. MOTIVATION
Students are introduced to the study of PPC and PPF and its significance to their lives as a
whole.
D. LEARNIG ACTIVITIES / PARTICIPATION
Group Activity
E. EVALUATION
Quiz
Class participation

F. ASSIGNMENT
Answer problems 1 and 2 of module 2 in the book.

Prepared by : EARL RUSSELL S.PAULICAN

Instructor

Checked by: ARIANNE MAE C. SARENO,LPT

Coordinator

Noted by: RACHELL-ANN B. BULJATIN, CPA

OIC Dean

Approved by: DR. DINO JOEY L. CORDOVA

VP-Academic Affairs