COLLEGE OF BUSINESS

Bachelor of Science in Accounting Information System

COURSE SYLLABUS

The ICT-ED College of Business is committed to produce graduates who:

1. Demonstrate understanding of business concepts and principles such as, but not limited to economics,
marketing and management;
2. Think critically, communicate effectively and act decisively, imbued with business ethics and the values
of social entrepreneurship;
3. Manifest teamwork and collaborative skills in formulating and carrying out solutions to domestic and
international business issues;
4. Utilize research and updated technology in partnership with internal and external stakeholders to bring
about innovation in the dynamic global market; and
5. Promote human welfare and dignity alongside sustaining a prosperous world economy.

ECO2 - MANAGERIAL ECONOMICS

Prerequisite : NONE
Type of Course : Lecture
Units :

1. Course Description:
This course studied the various ways in which microeconomic principles and quantitative tools can be
used to aid managers in making sound decisions. Topics include forecasting consumer demand,
production and cost analysis, optimal pricing and production decisions, sensitivity analysis, and capital
budgeting. It also concerns the decisions made within a firm it looked extensively at the production
decisions of firms when maximizing profits, but managerial economics goes much beyond that.

2. Learning Outcomes:

By the end of this course, students should be able to:

LO1. To develop greater knowledge of the types of problems faced by firm managers.
LO2. To improve your economic intuition concerning these problems and their solutions.
LO3. To build your Excel skills to the point where you can use Excel to solve a wide variety of
problems.
LO4. To improve your presentation skills, including developing an ability to convey information to others
and to clearly explain and defend your decisions and results.
LO5. To improve your small-group and inter-personal skills.
3. Learning Plan:

LO Topics and Readings Class Schedule Learning Activities

[Weeks]
LO1 Goals of the Firm Week 1 - Lecture
 The Business Environment - Individual Activity
 Decision Making Process - Reporting
 The Role of Profits
 Theories of Profits
 Not-for-Profit Sectors
 Profit Maximization and Cost
Minimization
 Economic vs. Accounting Cost
 Fundamental Economic Concepts
 Economics and Economy
 Core Economics Principle
 Economic Theory of Micro-Economics
 International Economics
 Basics of Personal Finance
- Lecture
Economics
Week 2 - Individual Activity
 Scarcity and Subjective Individual
- Reporting
Value
 Incentives and Margin
 Division of Labor and the Benefits of
Exchange
 Prices
 Money
Capital Budgeting
 Types of Capital Budgeting
 Capita Budgeting Methods - Lecture
 Importance of Capital Budgeting Week 3 - Individual Activity
 Project Categorization - Reporting
 Steps of Capital Budgeting
 Capital Investment Appraisals
Preliminary Examination Week Week 4
Linear Programming
 Application of Linear Programming
 Advantages - Lecture
 Limitations Week 5 - Individual Activity
 Types of Solution to Linear - Reporting
Programming
LO2  Forms of Linear Programming
Sensitivity Analysis
 When to perform Sensitivity Analysis
- Lecture
 System Dynamics Model
- Individual Activity
 System Oscillation Week 6
- Reporting
 Different areas of Sensitivity Analysis
 Sensitivity Analysis Methods
Project Scheduling
 Activities of a Project
 The PERT/CPM Approach
 Delays
 Linea Programming Approach
 Obtaining Results using Excel
 Monitoring Project Process - Lecture
LO3  Resource Leveling and Resource Week 7 - Individual Activity
Allocation - Reporting
 Probability Approach to Project
Scheduling
 Distribution, Mean, and Standard
Deviation of an Activity
 Project Completion Time Distribution
Midterm Examination Week Week 8
Decision Analysis and Risk
 Decision Analysis - Lecture
 Risk Analysis Week 9 - Individual Activity
 Risk Management - Reporting
 When to Execute Risk Analysis
LO4
Markov Processes
 Stochastic Process
- Lecture
 Discrete-Time Markov Chains
Week 10 - Individual Activity
 Special Discrete-Time Chains
- Reporting
 Continuous-Time Markov Chains
 Special Continuous-Time Chains
LO5 Oligopoly
 Classification
- Lecture
 Characteristic
Week 11 - Individual Activity
 Oligopoly Model
- Reporting
 Price Rigidity
 Game Theory
Pre-Finals Examination Week Week 12
 - Lecture
Mechanism Design & Auctions Week 13 - Individual Activity
- Reporting
Estimating Demand - Lecture
Methods in Estimating Demands Week 14 - Individual Activity
- Reporting
Review /Check-Out Week 15
Final Exam Week Week 16

4. Grading System:

REQUIREMENT/ASSESSMENT TASK MAXIMUM POINTS

Class Standing (Class Participation,
50
Homework, Problem Sets, Seatwork, Quizzes
Attendance 10
Major Examination 40
TOTAL 100

5. Rubrics

a. Oral Recitation

Category Scoring Criteria Total Points Score

Organization Type of presentation is appropriate for the topic and audience 5

Information is presented in logical sequence. 5

Content Introduction is attention getting, lays out the problem well 5

and establishes a framework for the rest of the presentation

Presentation contains accurate information. 5

There is an obvious conclusion summarizing the presentation. 5
Speaker maintains good eye contact with the audience and is
Appropriately animated (e.g. gestures, moving around etc.). 5

Presentation Speaker uses a clear audible voice. 5

Delivery is poised, controlled and smooth. 5
Good language skills and pronunciation are used. 5
Length of the presentations is within the assigned time limits. 5
Information was well communicated. 5

6. Other concerns

a. Course Requirements:
 Projects and assignments must be submitted on time
 Assignment/projects submitted late will be subjected to deduction of 0.5% per day
including weekend
 Instructors reserved the right to return projects that do not meet the standards expected
to a student
 Hard copy of documents required will be stapled together with the fort size of 12, font
style of Arial, margins at 1 inch in all sides using a 8.5 inches by 11 inches (known as
“short bond paper’’). The front page should have only the following: ICT-ED Institute of
Science and Technology Inc, Subject code, Subject descriptive Title, School Year and Full
name with font size of 16.

b. Class Attendance
 Student’s attendance is absolutely required
 All class sessions will follow the correct number of hours and minutes.

7. Classroom policies

 Attendance will be checked by the board works/quizzes/activities/oral recitation during

the session
 We are going to base our official time on the clock at the guard house. But in any case it
is broken, we are going to use the clock on the SET office
 We will be strictly adhering attendance policies
 Should you miss any sessions, be responsible for what was discussed
 Should you miss any graded activity, this will have an impact to your assessment.
Request to your instructor for makeup activities
 Follow consultation hours
 Let us treat other with mutual respect.