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College of Business and Economics

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Home > Academics > Programs > Undergraduate > CBE > CBE Undergraduate Major C...

CBE Undergraduate Degree Programs

Major Courses

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.