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AC-4102 Managerial Economics Syllabus

This document provides a syllabus for a Managerial Economics course. The key details include: - The course aims to teach concepts and principles of managerial economics from the perspective of applying economic principles to key management decisions to maximize wealth. - Students will learn concepts of supply and demand, production analysis and costs, market equilibrium, market structure, and market regulations. - Assessment will include group discussions, problem solving, and case analysis to apply economic concepts to business decisions and strategy. - Upon completing the course, students should be able to identify, compute, and apply managerial economics concepts to analyze business decisions and problems through case studies.
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0% found this document useful (0 votes)
93 views

AC-4102 Managerial Economics Syllabus

This document provides a syllabus for a Managerial Economics course. The key details include: - The course aims to teach concepts and principles of managerial economics from the perspective of applying economic principles to key management decisions to maximize wealth. - Students will learn concepts of supply and demand, production analysis and costs, market equilibrium, market structure, and market regulations. - Assessment will include group discussions, problem solving, and case analysis to apply economic concepts to business decisions and strategy. - Upon completing the course, students should be able to identify, compute, and apply managerial economics concepts to analyze business decisions and problems through case studies.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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School of Business and Economics


Department of Accountancy
Downtown Campus

SYLLABUS

COURSE DETAILS
Course No. : AC 4102 Professor: Rey D. Amaya CPA, MAIA
Course Title : The Managerial Economics Office: Department of Accountancy
Credit Units : 3
Pre-requisites : Contact No: 253-1000 loc. 208
th
Term : 4 year 1st semester Email Add: [email protected]
Schedule :

Course Description

The course presents concepts and principles from the perspective of managerial economics. It is primarily designed on the application of economic principles and
methodologies to key management decisions within organizations to maximize wealth as well as the strategic decisions designed to create and protect wealth in the long run.
Learners are expected to grasp the underlying concepts and relationships of supply and demand, production analysis and its associated cost, market equilibrium, market
structure and market regulations. Ultimately, learners will be able to isolate the economic principles mentioned above to understand business and solve managerial problems
especially on the products to produce, costs to consider and prices to charge. As managerial economics an integrative course and managerial decisions are interdisciplinary, it
is expected that various learning’s from previously taken course from Finance, Cost and Management courses will be used in solving case based exercises.
2

Program Educational Outcomes


Three to five years after graduation, the Carolinian accounting professional graduate will become:

PEO#1 An accounting professional who can build a career at national and international levels.
An accounting professional who is competent and capable in creating, managing, and distributing wealth whether in manufacturing, merchandising, and service
PEO#2
related enterprise.
PEO#3 An accounting professional who contributes his/her expertise to the industry, professional body, and society.

Program Learning Outcomes


Each course has specific Course Level Student Learning Outcomes (SLOs) that will be achieved through the curriculum designed for the course. The cumulative achievement
of all Course level SLOs will result in the achievement of Ten (10) Program Level Student Learning Outcomes as listed below.

Upon completing the BS Accountancy program, graduates will demonstrate the following:
PEOs
Domain Domain Definition Skills
PEO#1 PEO#2 PEO#3
The ability to acquire and apply knowledge of science, mathematics, business and
PO#1: Business Knowledge economics and to understand key terms, facts and processes related to Finance and Cognitive   
Accounting.
The ability to verbalize and articulate business information to be used by financial
PO#2: Communication/Reporting
information users in making economic decisions.
Psychomotor 
The ability to direct and influence others towards a common goal and to recognize Affective/
PO#3: Leadership/Teamwork
individual performance and work with others towards achieving a common goal. Psychomotor 
PO#4: Multi-disciplinary Teams The ability to function in collaboration with other disciplines. Psychomotor  
The ability to be professionally competent, noble in character, sensitive to the
PO#5: Witness to the Word Gospel's mission and adhere to the Code of Professional Ethics for the accounting Affective 
profession.
The ability to demonstrate personal and intellectual autonomy and information
PO#6: Life-long Learning
literacy.
Affective  
The ability to embrace the diversities and complexities of the world across Cognitive/
PO#7: Global Citizenship disciplines and perspectives, at the same time preserve and promote “Filipino Affective/   
historical and cultural heritage”; to demonstrate corporate citizenship, social Psychomotor
3

responsibility, and ethical practices in performing functions as a professional


accountant.
The ability to undertake an in-depth study of accounting, tax, business law, and
PO#8: Research
auditing issues.
Cognitive 
The ability to analyze and interpret financial and business risks, identify and
analyze problems related to accounting issues as basis for solutions and
PO#9: Technical Competency
recommendations, and render professional judgment on the preparation of external
Cognitive   
and internal reports based on applicable standards and practices.
The ability to exercise discretion in the analysis and interpretation of accounting
PO#10: Professional Judgment issues, both local and international, and present options in resolving emerging and Cognitive   
relevant challenges related to accounting.

Course Learning Outcomes


Program Learning Outcomes (POs)
Upon completion of the course, students should be able to:
PO#1 PO#2 PO#3 PO#4 PO#5 PO#6 PO#7 PO#8 PO#9 PO#10
Identify, describe, discuss, differentiate, and theorize key and
emerging concepts and issues of managerial economics
CO#1: specifically on the demand and supply concept, production and 
cost, different markets and pricing practices

Compute and solve problems using appropriate managerial


economic concepts and reflect and interpret the numerical figures
CO#2:
the economic way of thinking about business decisions and 
strategy.
Apply the foundation of microeconomics and industrial
organization essential for making both the day to day business
CO#3: decisions that maximize profit as well as strategic decisions    
designed to create and protect profit in the long run through case
based analysis.
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Course Structure

COURSE ASSESSMENT TEACHING AND LEARNING


TOPIC INTENDED LEARNING OUTCOMES
OUTCOMES TASKS ACTIVITIES
I. Course Orientation (1.5 hours) CO#1, CO# 1. Review of the related concepts, principles, 1. Group 1. Discussion on the course
A. USC Vision and Mission Statement. formulas, and other matters that will relate to the activity objectives, requirements,
B. SBE and Department of Accountancy course. grading system, and house
Aims. rules.
C. Duties and responsibilities of a 2. Group game / Review
student. Questions – Q&A
D. Classroom rules and policies.
E. Expectations from the subject and the
teacher.
F. Course Overview – Managerial
Economics
II. Overview of Managerial Economics CO#1; CO#3 1. Explain what managerial economics and its 1. Short quiz 1. Assign an advanced reading
(4.5 hours) usefulness in making decisions. 2. Seatwork 2. Lecture
A. What is Managerial Economics 2. Discuss the decision making model through 3. Oral exam discussion/powerpoint
exploring the responsibilities of management. 4. Course presentation
B. How is Managerial Economics useful 3. Explain the ethical perspective in doing business. preparation 3. Discussion of illustrative
in decision making 4. Discuss the theory of the firm, its constraints and assignment examples
limitations. 4. Oral recitation
C. The decision making model
5. Distinguish economic versus accounting profit 5. Guided practice exercises
D. Managerial Ethics and costs and explain the role of profits in a 6. Seatwork – case study
market economy.
E. Theory of the Firm (Expected Value
Maximization, Constraints and
Limitations of Theory of the Firm)
F. The Role of Profits (Business versus
Economic Profit, Variability of
Business Profit, Theories of Profit)
5

COURSE ASSESSMENT TEACHING AND LEARNING


TOPIC INTENDED LEARNING OUTCOMES
OUTCOMES TASKS ACTIVITIES
III. Demand Analysis and CO1;CO2;C 1. Explain the laws of demand and supply and 1. Short quiz 1. Assign an advanced reading
Estimation O3 identify factors that cause demand and supply to 2. Seatwork 2. Lecture discussion/powerpoint
shift. 3. Oral exam presentation
2. Calculate and explain consumer surplus and 4. Course 3. Discussion of illustrative
Market Forces: Demand and Supply (4 produce surplus. preparation examples
hours) 3. Explain and illustrate price determination in a assignment 4. Guided practice exercises
competitive market and show how market 5. Group 5. Seatwork – problem based
A. Demand (Basis for Demand, equilibrium changes in response to changes in activity learning
Market for Demand Function, determinants of demand and supply 6. Team-based exercises
Demand Curve) 7. Group game – quizbowl
B. Supply (Basis for Supply, Market
for Supply Function, Supply Curve)
C. Market Equilibrium (Surplus and
Shortage: Changing Demand,
Comparative Statics: Changing
Supply, Comparative Statics:
Changing Demand and Supply)

Demand Analysis (4 hours) CO1; CO3 1. Short quiz 1. Assign an advanced reading
1. Use various elasticities of demand as quantitative 2. Seatwork 2. Lecture
A. Measuring Market Demand tool to forecast changes in revenues, price and/or 3. Oral exam discussion/powerpoint
units sold. 4. Course presentation
B. Demand Sensitivity Analysis:
2. Illustrate the relationship between the elasticity of preparation 3. Discussion of illustrative
Elasticity
demand and total revenues, and discuss three assignment examples
C. Price elasticity of demand factors that influence whether the demand for a 5. Group 4. Guided practice exercises
given product is relatively elastic or inelastic activity 5. Seatwork – problem based
D. Price elasticity and Marginal 3. Explain the relationship between marginal learning
Revenue revenue and the own price elasticity of demand 6. Team-based exercises
7. Group game – quizbowl
E. Price elasticity and Optimal Pricing
Policy
F. Cross Price elasticity of demand
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G. Income elasticity of Demand

Forecasting (4 hours) CO1;CO2;C 1. Explain the application of forecasting both in 1. Short quiz 1. Assign an advanced reading
O3 micro and macro level 2. Seatwork 2. Lecture
A. Applications of Forecasting 2. Explain and apply the basic theory behind 3. Oral exam discussion/powerpoint
the several techniques for economic 4. Course presentation
B. Forecasting Techniqes (Qualitative
forecasting. preparation 3. Discussion of illustrative
Analysis, Trend Analysis,
3. Explain and differentiate the rhythmic assignment examples
Exponential Smoothing and
pattern of contraction and expansion in the 5. Group 4. Guided practice exercises
Econometric methods)
overall economy. activity 5. Seatwork – problem based
C. Business Cycle 4. Evaluate and apply appropriately forecasting learning
technique in a given scenario 6. Team-based exercises
D. Judging Forecast Reliability
E. Choosing the Best Forecast technique

IV. Production and Cost Analysis CO1;CO2;C 1. Explain alternative ways of measuring the 1. Short quiz 1. Assign an advanced reading
The Production Function (6 hrs) O3 productivity of inputs and the role o the manager 2. Seatwork 2. Lecture
in the production process. 3. Oral exam discussion/powerpoint
A. Properties of Production function 2. Determine input demand and cost minimizing 4. Course presentation
combination of inputs for given production preparation 3. Discussion of illustrative
B. Measures of Productivity ( Total
functions, and use isoquant/isocost analysis to assignment examples
Product, Average Product and
illustrate optimal input substitution. 5. Group 4. Guided practice exercises
Marginal Product)
3. Derive cost function from a production function activity 5. Seatwork – problem based
C. The Role of the Manager in the and explain how economic costs differ from learning
Production Process accounting costs. 6. Team-based exercises
7. Group game – quizbowl
D. Algebraic Measures of Productivity
E. Law of Diminishing Returns to a
Factor
F. Input Combination Choice
(Production Isoquants, Input Factor
substitution, marginal rate of
technical substitution, rational limit
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of input substituon).
G. Marginal Revenue Product and
Optimal Employment
H. Optimal Combination and Levels of
Multiple Inputs
I. Returns to Scale

MIDTERM EXAMINATION
Cost Analysis and Estimation (6 hours) CO1;CO2;C 1. Explain the difference between the economic 1. Short quiz 1. Assign an advanced reading
O3 relevance of fixed costs, sunk costs, variable 2. Seatwork 2. Lecture
A. Link between Accounting and costs and marginal costs 3. Oral exam discussion/powerpoint
Economic Valuations 2 Calculate average and marginal costs from 4. Course presentation
algebraic or tabular cost data and illustrate the preparation 3. Discussion of illustrative
B. Opportunity Costs, Incremental cost,
relationship between average and marginal assignment examples
sunk cost and other costs in Decision
costs. 5. Group 4. Guided practice exercises
Analysis
4. Distinguish between short run and long run activity 5. Seatwork – problem based
C. Short Run and Long Run Costs production decisions and illustrate their impact 6. Summative learning
on costs and economies of scale long exam 6. Team-based exercises
D. Short Run and Long Run Curves 5. Determine whether a multiple output production 7. Group game – quizbowl
process exhibits economies of scope or cost
E. Minimum Efficient Scale complementaries and explain their significance
F. Firm and Plant Size for managerial decision.

G. Learning Curves
H. Economies of Scope

V. Markets CO3 1. Describe the competitive environment in the 1. Short quiz 1. Assign an advanced reading
market for any goods or service. 2. Seatwork 2. Lecture discussion/powerpoint
The Nature of Industry (6 hours) 2. Discussed and differentiate the real or perceived 3. Oral exam presentation
A. Competitive Markets differences in the quality of goods and services 4. Course 3. Discussion of illustrative
(Characteristics, Factors that Shape offered to consumers. preparation examples
the Competitive Environment; 3. Discuss what is perfect competition. assignment 4. Guided practice exercises
Marginal Cost and Firm Supply, 4. Compute and apply concepts on normal profit, 5. Group 5. Seatwork – problem based
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Competitive Market Supply Curve, marginal analysis both on short run and long run activity learning
Competitive Market Equilibrium) firm supply. 6. Team-based exercises
B. Performance and Strategy in 7. Group game – quizbowl
Competitive Market
Imperfect Competition (6 hours) CO3 1. Determine whether an industry is best described 1. Short quiz 1. Assign an advanced reading
as perfectly competitive, a monopoly, 2. Seatwork 2. Lecture discussion/powerpoint
A. Monopoly and Monopsony monopolistically competitive or an oligopoly. 3. Oral exam presentation
2. Recognize sources of power and strategies from 4. Course 3. Discussion of illustrative
B. Monopolistic Competition and
different kinds of firms. preparation examples
Oligopoly
3. Explain and illustrate the effect of previously assignment 4. Guided practice exercises
C. Game Theory and Competitive learned economic principles in an imperfect 5. Group 5. Seatwork – problem based
Strategy competition. activity learning
6. Team-based exercises
7. Group game – quizbowl
VI – Pricing Practices (6 hours) CO2;CO3 1. Implement pricing strategies that permit firms to 1. Short quiz 1. Assign an advanced reading
extract additional surplus from consumers 2. Seatwork 2. Lecture
A. Pricing Rules of Thumb 2. Implement pricing strategies that enhance profits 3. Oral exam discussion/powerpoint
for special cost and demand structure. 4. Course presentation
B. Markup Pricing and Profit
preparation 3. Discussion of illustrative
Maximization
assignment examples
C. Price Discrimination 5. Group 4. Guided practice exercises
activity 5. Seatwork – problem based
D. Multiple Product Pricing learning
6. Team-based exercises
E. Joint Products 7. Group game – quizbowl
F. Transfer Pricing
9

Educational Resources

A. Book
Hirschey, M. (2006), Fundamentals of Managerial Economics (8th edition). Ohio, USA: Thomson South-Western

References
Hirschey, M. (2006), Fundamentals of Managerial Economics (8th edition). Ohio, USA: Thomson South-Western
Thomas,C.R. & Maurice S.C(2011), Managerial Economics: Foundations of Business Analysis and Strategy (10th edition).USA: McGraw-Hill
Baye, M.R. (2009), Managerial Economics and Business Strategy (6th edition) Mc-Graw Hill

Course Requirements

As a students in this course, you must comply with the following requirements:
1. Attendance and Class Participation
You are expected to attend all classes. Attendance in the lectures is very important because the lectures present new information and provide background for the
assignments. You are responsible for all of the material presented in lectures.
The USC Student Manual (2006 Edition) specifies that “a student who incurs absences of more than 20% of the prescribed number of class hours or laboratory periods
during the term should be given NC or 5.0.” A 3-unit course has 48 class hours. Students with three absences are required to get a readmission permit from the college
dean.
Class participation is evidenced by individual or group outputs from in-class exercises. These outputs shall be collected at the end of a class meeting. In-class exercises
could include Short quizzes, seatworks, and group discussions.
2. Out-of-Class Learning Tasks and Assignments
To ensure learning engagement and constant timely practice, you are required to do out-of-class tasks in the form of small projects and recommended problems relevant to
a particular unit. To this end, you are required to have a notebook intended only for exercises. From time to time, your exercise notebooks will be checked in order to
assess the timeliness of your learning efforts.
3. Tests and Examinations
A minimum of four (4) exams are given during the semester and are scheduled following the schedules set by the university. The midterm exam and the final exam are
three-hour examinations and require students to present valid examination permits for participation in the examination.
10

4. Portfolio/Term Report
A portfolio of documents will be submitted at the end of the term. It will contain the introduction, problems, alternative course of actions, corresponding descriptions,
analyses, and conclusion and recommendations thereof.

Grading System
This course will follow the standard grading system of the University as follows:
Assessment Tasks Weight (%) Assessment Reference
Class participation 15 Rubric No. 1
Pre-midterm summative exams and midterm exam 25 Multiple choice, open ended questions
Pre-final summative exams and final exam 25 Multiple choice, open ended questions
Team-based activities presentation 15 Rubric No. 3, Rubric No. 4
Team-based activities portfolio submission 10 Rubric No. 3
Peer assessment 10 Rubric No. 2
Total 100

GPA Scoring
For purposes of transmutation, the standard equivalents will be used as follows:
Score Range 100-95 94-93 92-91 90-89 88-87 86-85 84-83 82-81 80-79 78-77 76-75
Grade Equivalent 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0

Score Range 74-73 72-71 70-69 68-67 66-65 64-62 61-59 58-56 55-53 52-50 49 below
Grade Equivalent 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 3.0 5.0

Note:
1. Students who obtain grades below 3.0 is equivalent to a failing grade of 5.0.
2. BSA students must maintain a 2.0 GPA in each core and professional course.
3. BSMA, BSAIS, and BSIA students must maintain a 2.5 GPA in each core and professional course.
4. Students who have not complied with their final requirements for the subject will be given an INC grade.
5. Students with an INC grade are given at most one year to comply with the necessary requirements to be given a final grade. Students whose grades are not changed
within one year will automatically receive a final grade of No Credit (NC).
6. Students can only have a maximum of nine (9) units of INC grades at one time. Students who violate this rule will not be allowed to enroll in further subjects until
they comply with the requirements and have their INC grades changed.
11

Classroom Management
1. Attendance is a MUST. Students may incur only ten (10) absences for MWF schedules or seven (7) absences for TTH schedules. Otherwise, they will automatically
be dropped from class and receive a grade of either NC (No Credit) or a failing grade of 5.0, whichever is applicable.
2. Students who incur three (3) absences will be asked by the instructor to see the Department Chair to secure permission to be re-admitted to class. A re-admission slip
should be properly accomplished for this.
3. Tardiness is discouraged. It is a source of irritation and class disruption when students arrive late. Students who arrive 15 minutes after the start of class are
considered tardy. Please note that three (3) tardiness is equivalent to one (1) absence.
4. A permanent seat plan will be made at the start of the semester. Students are advised to keep to their assigned seating arrangement; otherwise, they will be marked
absent for that day.
5. Classes should always start and end with a short prayer. The instructor can opt to lead the prayer or assign students to do this alternately.
6. Students should assist in maintaining the orderliness and cleanliness of the classrooms. Graffiti writing is strictly prohibited. Any student found violating this rule
will be punished with the appropriate sanction. Before leaving the classroom, the instructor with the help of the students, should ensure that no litter/garbage is left
behind and that chairs are in their proper order. Should the class be the last schedule for the day, the instructor should arrange that the lights and air conditioning units
are switched off.
7. Going out of the classroom at any time is strictly discouraged. Students should make it a habit to go to the restroom during their vacant period or before the start of
their classes. If they must visit the restroom, permission should be sought from the instructor.
8. Use of mobile phones inside the classroom is strictly prohibited. They should be switched off or placed in silent mode before entering classes. The instructor has the
right to confiscate mobile phones that ring and/or are used during class hours. The confiscated unit can only be claimed from the Dean’s Office at the end of the
semester.
9. The teacher reserves the right to ask the student to leave the room if his behavior is disruptive in class.
10. It is the responsibility of the students to properly schedule their classes so that meals and snacks will be taken at the proper time.
11. Students are encouraged to see the instructor during consultation hours for any concerns, questions and assistance with regards to the course.

Prepared by: Rey D. Amaya, CPA, MAIA Approved by:


Date: June 27,2018 Date:
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Rubric No. 1: Assessing Student Participation


Level of Competence
Criteria Score
1 – Unacceptable 2 – Satisfactory 3 – Very Good 4 – Outstanding
Student does not initiate Students initiate contribution at Student initiates contribution Student initiates contributions
1. Frequency of
contribution and needs least in half of the recitations. once in each recitation. more than once in each 4
participation in class
instructor to solicit input recitation.

Comments are uninformative, Comments sometimes Comments mostly insightful Comments always insightful and
lacking in appropriate constructive, with occasional and constructive; mostly uses constructive; uses appropriate
terminology. Heavy reliance signs of insight. Student does appropriate terminology. terminology. Comments
2. Quality of
on opinion and personal taste. not use appropriate Occasionally comments are too balanced between general 2
comments
terminology; comments not general or not relevant to the impressions, opinions and
always relevant to the discussion. specific, thoughtful criticisms or
discussion. contributions.

Does not listen speak or does Student is often inattentive and Student is mostly attentive Student listens attentively when
not pay attention while other needs reminder of focus of when other present ideas, other present materials,
speak; detracts from class. Occasionally makes materials, as indicated by perspective, as indicated by
discussion; sleeps, etc. disruptive comments while comments that reflect and comments that build on others'
3. Listening skills others are speaking. build on others' remarks. remarks, i.e. student hears what 2
Occasionally needs say and contributes to the
encouragement or reminder dialogue.
from T.A. of focus of
comment.

RUBRIC SCORE {[(4+2+2)/3] + 1} x 20 *3 refers to the # of criteria, 1 and 20 are constants 73.3333
PERCENTAGE SCORE Computed as Rubric Score divided by 100 *100 is a constant 73.3333%
TRANSMUTATION EQUIVALENT Computed as Percentage Score multiplied by -4 plus 5 *-4 and 5 are constants 2.1
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Rubric No. 2: Teamwork Value Rubric


Level of Competence
Criteria Score
1 – Unacceptable 2 – Satisfactory 3 – Very Good 4 – Outstanding
1. Contributes Shares ideas but does not advance Offers new suggestions to advance Offers alternative solutions or courses Helps the team move forward by
to team the work of the group. the work of the group. of action that build on the idea of articulating the merits of alternative
others. ideas or proposals. 2
meetings

Completes all assigned tasks by Completes all assigned tasks by Completes all assigned tasks by Completes all assigned tasks by
2. Individual deadline. deadline; work accomplished deadline; work accomplished is deadline; work accomplished is
contributions advances the project. thorough, comprehensive, and thorough, comprehensive, and
advances the project. advances the project. Proactively 4
outside of helps other team members complete
team meetings their assigned tasks to a similar level
of excellence.

Supports a constructive team climate Supports a constructive team climate Supports a constructive team climate Supports a constructive team climate
by doing any one of the following: by doing any two of the following: by doing any three of the following: by doing all of the following:
 Treats team members respectfully  Treats team members respectfully  Treats team members respectfully  Treats team members respectfully
by being polite and constructive by being polite and constructive by being polite and constructive in by being polite and constructive
in communication. in communication. communication. in communication.
 Uses positive vocal or written  Uses positive vocal or written  Uses positive vocal or written  Uses positive vocal or written
3. Fosters tone, facial expressions, and/or tone, facial expressions, and/or tone, facial expressions, and/or tone, facial expressions, and/or
constructive body language to convey a body language to convey a body language to convey a body language to convey a
positive attitude about the team positive attitude about the team positive attitude about the team positive attitude about the team 1
team climate and its work. and its work. and its work. and its work.
 Motivates teammates by  Motivates teammates by  Motivates teammates by  Motivates teammates by
expressing confidence about the expressing confidence about the expressing confidence about the expressing confidence about the
importance of the task and the importance of the task and the importance of the task and the importance of the task and the
team’s ability to accomplish it. team’s ability to accomplish it. team’s ability to accomplish it. team’s ability to accomplish it.
 Provides assistance and/or  Provides assistance and/or  Provides assistance and/or  Provides assistance and/or
encouragement to team members. encouragement to team members. encouragement to team members. encouragement to team members.

RUBRIC SCORE {[(2+4+1)/3] + 1} x 20 *3 refers to the # of criteria, 1 and 20 are constants 66.6667
PERCENTAGE SCORE Computed as Rubric Score divided by 100 *100 is a constant 66.6667%
TRANSMUTATION EQUIVALENT Computed as Percentage Score multiplied by -4 plus 5 *-4 and 5 are constants 2.3
14

Rubric No. 3: Problem Solving Value Rubric


Level of Competence
Criteria Score
Unacceptable Satisfactory Very Good Outstanding
1. Defining the Student does not identify the Student fails to define the Student adequately defines Student states the problem and
Problem/identification problem and/or operational problem and/or operational the problem and/or clearly and identifies underlying 3
of operational issues. issues. issues adequately. operational issues issues.

2. Developing a Plan to Student does not develop a Student develops a marginal Student develops an adequate Student develops a clear and
Solve the Problem coherent plan to solve the plan, and does not follow it to plan and follows it to concise plan to solve the
problem. conclusion. conclusion. problem, with alternative 3
strategies, and follows the plan to
conclusion.

3. Collecting and Student collects no viable Student collects inadequate Student collects adequate Student collects information from
Analyzing information. Incorrect information to perform information and performs multiple sources and analyzes the
Information/application analysis based on partial meaningful analyses. basic analyses. information in-depth. Excellent 3
of analytical techniques understanding of the application of the appropriate
problem. techniques

4. Interpreting Findings Student does not interpret the Student provides an Student provides an adequate Student provides a logical
and Solving the findings/reach a conclusion. inadequate interpretation of interpretation of the findings interpretation of the findings and
Problem, Incorrect recommendation. the findings and does not and solves the problem, but clearly solves the problem,
Recommendations No managerial insights. derive a logical solution to the fails to provide alternatives. offering alternative solutions. 2
&Managerial insights problem. Reasonable Reasonable recommendation, With solid recommendation and
recommendation, but does not but weak managerial insights. managerial insights.
offer a managerial insights.

RUBRIC SCORE {[(3+3+3+2)/4] + 1} x 20 *4 refers to the # of criteria, 1 and 20 are constants 75


PERCENTAGE SCORE Computed as Rubric Score divided by 100 *100 is a constant 75%
TRANSMUTATION EQUIVALENT Computed as Percentage Score multiplied by -4 plus 5 *-4 and 5 are constants 2.0
15

Rubric No. 4: Topic Presentation Rubric


Level of Competence
Criteria Score
1 – Unacceptable 2 – Satisfactory 3 – Very Good 4 – Outstanding
1. Introduction/ The introduction does not The introduction shows some The introduction is clear and The introduction presents the overall
Organization orient the audience to what will structure but does not create a coherent and relates to the topic. topic and draws the audience into the
follow. The sequencing is strong sense of what is to follow. presentation with compelling questions or
unclear and does not appear May be overly detailed or by relating to the audience's interests or 3
interesting or relevant to the incomplete and is somewhat goals.
audience. appealing to the audience.
2. Content The content lacks a clear point The content is vague in conveying a The content is written with a The content is written clearly and
of view and logical sequence of point of view and does not create a logical progression of ideas and concisely with a logical progression of
information. Includes little strong sense of purpose. Includes supporting information. Includes ideas and supporting information. The
persuasive information and some persuasive information with persuasive information from project includes motivating questions and
only one or two facts about the few facts. Some of the information reliable sources. advanced organizers. The project gives 3
topic. Information is may not seem to fit. Sources used the audience a clear sense of the main
incomplete, out of date and/or appear unreliable. idea. Information is accurate, current and
incorrect. Sequencing of ideas comes mainly from primary sources.
is unclear.
3. Presentation Presentation was not clearly Presentation was audible, but needs Presentation was audible. Good Presentation was presented in a
audible and hard to hear. Visual improvement on tone of voice tone of voice when speaking. professional way. Audio and visual
presentation was very when speaking. Visual aspects of Visual aspects of project was aspects were perfect. Group members
disorganized and hard to read. project could be better organized organized and easy to read. were able to answer all questions posed
Group members did not ask for and easier to read. Group members Group members were able to by the other students as well as the 3
questions and were unable to were not able to answer some answer most questions posed by instructor.
answer questions asked by questions when asked by instructor instructor and other students.
other students or the instructor. or other students.
4. Group Some team members have no Some group members participate. Most group members participate All group members participate and
Presentation role in presentation. equally, not all demonstrate knowledgeable of material. 3
knowledge of material.
RUBRIC SCORE {[(3+3+3+3)/4] + 1} x 20 *4 refers to the # of criteria, 1 and 20 are constants 80
PERCENTAGE SCORE Computed as Rubric Score divided by 100 *100 is a constant 80%
TRANSMUTATION EQUIVALENT Computed as Percentage Score multiplied by -4 plus 5 *-4 and 5 are constants 1.8

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