De La Salle University - Manila

CBE Undergraduate Degree Programs

Bachelor of Arts major in Economics (AB-ECM)

This program is designed for students who prefer a multi-disciplinary approach to economics and are more inclined towards the implications of theory in development policy.  Monetary theory, labor economics, and international economic relations are among the electives in the curriculum of AB Economics.

Basic Subjects

Basic Microeconomics (ECONONE
) 3 units
The course introduces students to basic microeconomics. It focuses on individual decision-making units like the consumer and suppliers. It is also deals with trends that affect particular business firms, workers, or regions in the economy.

Basic Macroeconomics (ECONTWO)
3 units
This course is an introduction to macroeconomics, the study of aggregate (or national) economic behavior and the economy as a whole. It provides concepts and tools necessary to read the newspaper critically for economic content, while providing a foundation for future economics courses.

Computer Package 1 for Economics majors (COMP1AE)
3 units
This course reviews students of the basic computer concepts as well as the Internet. The course provides an initial description of Microsoft Windows environment and an application of MS Office (latest) such as Word, Excel and PowerPoint. All exercises will focus on applications in Economics.

Mathematical Economics 1 (MATECO1)
3 units
The course discusses introductory concepts on mathematics for economists including the foundations and applications of one-variable calculus, exponential functions and logarithms. It also tackles linear algebra, systems of linear equations, matrix algebra and the determinant, and Euclidean spaces. The course covers mathematical theories with economic applications.

Mathematical Economics 2 (MATECO2)
3 units
The course deals with the theories and economic applications of calculus of several variables and optimization. It specifically covers limits, the different functions of several variables, implicit functions, total derivatives, differentials, higher-order derivatives, and constrained and unconstrained optimization.

Mathematical Economics 1 Laboratory (LBYECO1)
0.5 units
This course is the computer laboratory counterpart of MATECO1 - Mathematical Economics 1 lecture. It is designed to provide students with the basic skills and knowledge of the software Mathematica that will aid them in understanding the various Mathematical Economic tools and techniques.

Mathematical Economics 2 Laboratory (LBYECO2)
0.5 units
This course is the computer laboratory counterpart of MATECO2 - Mathematical Economics 2 lecture. It is designed to provide students with the basic skills and knowledge of the software Mathematica that will aid them in understanding the various Mathematical Economic tools and techniques.

Econometrics Laboratory (LBYEMET)
1.5 units
This course is the computer laboratory counterpart of ECONMET - Econometrics lecture. It is designed to provide students with the basic skills and knowledge of various Econometric softwares such as EVIEWS and STATA. Morevoer, it is a computer application of the Econometric tools and techniques.

Econometrics 2 Laboratory (LBYMET2)
0.5 units
This course is the computer laboratory counterpart of ECOMET2 (Econometrics 2). It is designed to equip students with the skills on how to use the Stata software to create panel data regression models, dynamic econometric models, etc.

Major Subjects

Intermediate Macroeconomics 1 (MACREC1)
3 units
The course deals with the analysis of the overall behavior of the economy. Using a framework that defines equilibrium based on the goods market, the financial markets, and the labor market, the course will explain the determination of equilibrium output, prices, and interest rates in the short run and medium run. It will also analyze how monetary and fiscal policies affect these macroeconomic variables.

Microeconomics 1 (MICREC1)
3 units
This course is the first of a two-course Intermediate Microeconomic Theory sequence. It aims to provide students with the central concepts of decision-making and optimization in a competitive market framework. It concentrates on the theories of consumer decision-making, production and costs, and the partial equilibrium competitive model.

Economic Statistics (ECOSTAT)
3 units
A study of the foundations of statistics, probability theory and distributions, hypothesis testing, estimation and introduction to regression techniques. Applications of these statistical methods in the pursuit of economic analysis are considered.

Intermediate Macroeconomics 2 (MACREC2)
3 units
This course will discuss certain macroeconomic issues that are concerned with economic growth and the role of expectations. It will also present the dynamics of the open macroeonomy, focusing on exchange rates, the IS-LM model, among others.

Microeconomics 2 (MICREC2)
3 units
This course is the second of a two-course Intermediate Microeconomic Theory sequence. It examines partial equilibrium analysis of price determination in the market for goods under imperfectly competitive structures (monopoly, oligopoly, and monopolistic competition). It also analyzes the efficiency of a competitive model of market interdependence as well as the limits to optimal market allocation due to externalities and public goods. Special topics on optimal allocation and price determination, decision-making under uncertainty, and the economics of information are also taken up.

Econometrics (ECONMET)
3 units
A study of econometric methods for students who have had a term's work in economic statistics. The course includes a study of the classical linear regression model and the basics of econometric theory covering among others autocorrelation, multicollinearity, and heteroscedasticity.

International Economics (INTECON)
3 units
A study of the theory and practice of international trade and developmental factors in national economics that affect international business operations. Topics include: comparative advantage, factor endowments, trade restrictions, customs unions, contribution of foreign investment to development.

Development Economics (ECONDEV)
3 units
A course involving a digression of development theories and growth models. Economic explanations of various problem in development and policy alternatives are taken. Experiences of developed and fast growing economies are considered for the exposition of various development paths.

Public Finance (PUBFINA) for AB-Economics majors
3 units
A course which analyzes the economic considerations of the government's role in the economy. Instruction is geared towards providing an adequate framework for evaluating policy interventions made by the government.

Industrial Organization (ECOIORG) for BS Economics majors
3 units
This course considers the different economic principles, concepts and consequences in the market interaction of firms. Interactions are considered within horizontal, vertical, conglomerate and network externalities relations. Implied anti-trust policies will also be considered as part of the analysis.

Methods of Research (METRESE)
3 units
This is a hands-on learning course where students are 1) familiarized with a general approach for conducting a basic scientific research project and 2) expected to implement the process of doing research in economics with the end result of producing an extensive review of related literature and mini-thesis proposal.

Econometrics 2 (ECOMET2)
3 units
This course is a sequel to Introductory Econometrics (ECONMET) and focuses on the theory and applications of advanced single equation and basic simultaneous equations econometric models. Topics to be covered include qualitative response regression models, panel data regression models, dynamic econometric models and the basics of simultaneous-equation models. The course will culminate in the discussion of the various tools and techniques used in time series econometrics.

Thesis Writing 1 (THSECO1)
3 units
Thesis proposal stage writing wherein the students get to meet their panel advisers to present their proposal.

Thesis Writing 2 (THSECO2)
3 units
Continuation of thesis writing and final defense.

Practicum (PRCECON)
3 units
This course is the practical application of the theories and models discussed in the major subjects. Students get to be exposed in the corporate world and prepare a research paper related to their assigned work.

Electives

AB Economics Electives (ECOLEC1/ECOLEC2)
Prerequisites: MACREC2 & MICREC2

Agricultural Economics (AGRIEGO)
3 units
A course that considers the different aspects of agricultural development, the role of the agricultural sector to the economy and the principles governing agricultural production. Requisite policies for agricultural development are presented and evaluated.

Comparative Economic Systems (COMPRES)
3 units
A study of the mechanism for organizing economic units in different societies are organized and decision making in response to economic problems. The study is undertaken with a concentration on problems in production and distribution. Understanding of the limitations of different economic systems is facilitated by comparing the similarities and differences of their institutional structures.

Phlippine Economic History and Institution (ECONHIS)
3 units
A historical treatment of the evolution of major economic institutions in the Philippines from the pre-colonial period to the present. Analyses of current economic problems are made using a historical approach.

Environmental Economics (ENVECON)
3 units
The course is primarily designed for students to realize and appreciate the applications of economics in the allocation and utilization of environmental resources. Policy interventions and its implications will also be studied. Environmental impact of policies adopted in the field of macroeconomics and international trade will be considered.

Growth Economics (GRWECON)
3 units
This course examines macroeconomic determinates of economic fluctuations and long-run economic growth along with some corresponding policy implications.

Health Economics (HELTECO)
3 units
This course deals with the analysis of the allocation of resources in health care. It examines health economic issues using various microeconomic tools. The objective of the course is to provide a theoretical basis for a good grasp of the practical issues in health plan design, management and administration.

History of Economic Analysis (HISTECO)
3 units
An integrated approach that deals with the study of the foundations of economic analysis from the pre-classical era to the present. Emphasis is placed on the Marginalist Revolution and Keynesian Revolution; future directions and economic inquiry are the other salient study aspects.

Industrial Economics (INDECON)
3 units
This course considers the different economic principles, theories and concepts in the market interaction of firms. Interactions are considered between firms and its consumers in specific market interactions. Policy implications of theses interactions on competitive behavior will be considered.

International Economic Relations (INTECOR)
3 units
A survey of the commercial and trade relations of the Philippines with the US, Japan, European Economic Community, ASEAN, and the socialist states. It also covers the leading contemporary issues in international trade and finance.

Labor Economics (LABOREC)
3 units
A study of the utilization of human resources in the economy, labor market institutions and their regulation by government. Topics include: minimum wage legislation, social security, manpower training, examination of the economic impact of trade unions and introduction to the industrial relation system.

Monetary Theory (MONTHEO)
3 units
A theoretical treatment of the demand for money, formulation of monetary policy, monetary aspects of macroeconomic policies. Economic programs (i.e.inflation, unemployment, exchange rate, interest rates) directly affected by the conduct of monetary policy are given special consideration.

Personnel Economics for Managers (PERECON)
3 units
The course provides a comprehensive and easy to understand application of economic analysis to the behavior of and the relationship between employers and employees. In particular, it introduces fundamental concepts in labor economics and their application to an understanding of the responses of employers and employees to wages, prices, profits and the non-pecuniary aspects of the employment relationship such as working conditions.

Introduction to Political Economy (POLECON)
3 units
A study of pre-capitalist models of production, the general principles of the mode of production, the stages of the development of capitalism, and capital and surplus value.

Poverty Economics (POVECON)
3 units
The course takles some of the important factors that affect the distribution of income and the level of poverty, particularly in developing countries. It discusses not only the policies employed by different countries to improve the lot of the poor but also the effect of external factors such as globalization and trade on the same.

Regional Economics (REGIECO)
3 units
An appreciation of the spatial and the temporal dimension in economic analysis; relating location and regional economic problems with policy and strategic issues in development planning to familiarize students with key concepts, theories and techniques of regional economics.

Resource Economics (RESECON)
3 units
This course focuses on a wide range of natural resource allocation problems. It introduces students to the principles, resoning, and techniques required to set-up and solve these allocation problems. Policy will serve as both an input and an implicated output of this approach.

Special Topics in Economics (SPECTOP)
3 units
This course covers a wide range of special topics for AB Economics majors. This may include but is not limited to the following: dynamic macroeconomics, general equilibrium macroeconomics, etc.