Social science 5

This course is designed to help students develop an understanding of fundamental economic principles. It seeks to promote curiosity and appreciation of economic concepts and issues in the micro and macro levels as it relates to real-life events such as the current covid-19 pandemic. It also includes a brief look at entrepreneurship concepts and principles as it may add value to science and technology researches.

Hopefully, this course will help students apply what they have learned in Economics to make practical decisions in life, think critically about socio-economic phenomena, practice good stewardship, and make a difference.

STEM track

1st Quarter: Introduction to Economics: Basic Concepts, The Market Economy, The Command Economy and Microeconomics: Supply & Demand

2nd Quarter: Microeconomics (continued) - Elasticity, Consumer Theory, Producer Theory and Theory of the Firm

3rd Quarter: Macroeconomics Introduction to Macroeconomics, National Income Accounting, Keynesian Multiplier Model, Historical Evolution of Capitalism

4th Quarter: Macroeconomics (continued) & Basic Entrepreneurship, International Trade, Money & Banking, Basic Entrepreneurship, Value Proposition Canvass, Business Plan

Quizzes/Long Exams (25%)

Periodic Exams or equivalent (25%)

Class participation (20%)

Case Work (30%)

Textbook readings (Economics by Samuelson & Nordhaus) + Syllabus w/ reading guide

Take home worksheets and exercises

Class discussion (face-to-face or online when possible/viable under the circumstances) and Individual/small-group consultation (when needed)Online videos, podcast, etc.

For more details about this subject, please contact:

Vladimir Lopez  (vslopez@pshs.edu.ph) 

09154091565