Microeconomics Syllabus
Microeconomics Syllabus
This course is designed to help the students develop an in-depth understanding of the nature, scope and significance of micro-economics. It provides them with an
understanding the cause and effects of inflation, unemployment, fiscal and monetary policies, modes of taxation, international trade and national income. This course will equip
students with the knowledge in Gross National Policy, Gross Domestic Policy and Consumer Development Index. Through these, the Social studies majors will gain competence
in teaching the subject and eventually lead their future in a higher standard education.
D. Prerequisite: None
E. Credit Units: 3 Units
F. Course Outcome: At the end of the course, the students will be able to:
1. Understand the basic economics concepts.
2. Identify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.
3. Understand the Consumers’ Behavior Theory and Production Theory.
4. Explain the market structures and apply it in real market.
5. Define economic growth through revenue and profit.
6. Understand International Trade and Government Policy.