Undergraduate Course Catalog

Economic theory

ECONONE Introduction to microeconomics
Economic analysis of individual decision-making units: consumer and suppliers.

ECONTWO Introduction to macroeconomics
The aggregate (or national) economy.

MACREC1 Macroeconomics 1
Equilibria of goods market, the financial markets, and labor market, determination of output, prices, and interest rates, monetary and fiscal policy dynamics.

MACREC2 Macroeconomics 2
Economic growth and the role of expectations, dynamics of the open macroeonomy, exchange rates, IS-LM model.

MICREC1 Microeconomics 1
Decision-making and optimization in a competitive market framework, consumer theory, production and costs, partial equilibrium models.

MICREC2 Microeconomics 2
Imperfect markets, market interdependence, introduction to externalities and public goods, decision-making under uncertainty, introduction to economics of information.

Quantitative methods

ECOFORE Economic model building and forecasting
Univariate and multivariate forecasting models, survey of time-series analysis tools, numerical procedures for the solution of linear and nonlinear forecasting models, dynamics.

ECOSTAT Economic statistics
Elementary concepts of statistics, elementary probability theory, discrete and continuous random variables, expectations and higher moments, tests of hypotheses, applications.

ECOMET1 Introduction to econometrics
Classical linear regression model, problems in ordinary least squares: autocorrelation, multicollinearity, heteroscedasticity, measurement errors, specification errors, nonnormality.

ECOMET2 Advanced econometrics
Simultaneous equation models, qualitative response models, panel data models, dynamic econometric models, time series econometrics.

ECOMETF Financial econometrics
Advanced econometric modeling tools and techniques used in financial economics.

LBYECO1 Mathematical economics 1 (laboratory)
Application of computer software to problems in MATECO1.

LBYECO2 Mathematical economics 2 (laboratory)
Application of computer software to problems in MATECO2.

LBYMET1 Econometrics 1 laboratory
Application of computer software to problems in ECOMET1.

LBYMET2 Econometrics 2 laboratory
Application of computer software to problems in ECOMET2.

LBYMETF Financial econometrics laboratory
Application of computer software to problems in ECOMETF.

MATECO1 Mathematical economics 1 (lecture)
First of the two undergraduate mathematical economics courses. Topics include elementary set theory, functions, limits and continuity, the derivative and differentiation, [Riemann] integration, economic applications.

MATECO2 Mathematical economics 2 (lecture)
Second of the two undergraduate mathematical economics courses. Topics include elements of linear algebra, input-output models, introduction to linear and nonlinear programming, economic applications.

OPERRES Operations research
Quantitative tools in managerial decision-making, mathematical models and applications of linear and nonlinear programming to economic analysis.

Core economics courses

ECOINFO Economics of information and game theory
Introduction to the economics of information and game theory, strategic behavior, information asymmetry.

ECOIORG Industrial organization
Firm interaction and behavior, horizontal and vertical integration, conglomerate and network externalities, antitrust policies.

ECONDEV Development economics
Development theories and growth models, policy alternatives, economic development and growth experience of countries, comparative studies.

INTECON International economics
External trade, international business operations, theory of comparative advantage, factor endowments, trade restrictions, customs unions, foreign investment and link to economic development.

MONBANK Money and banking
The role of money and financial institutions in the economy, monetary policy, money and income determination, inflation, exchange rate management, interest rate determination, financial development.

PUBFINA Public finance
The government and the national economy, fiscal policy interventions.

Electives and specialized courses

AGRIECO Agricultural economics
The agricultural sector, rural development, land reform, Philippine agriculture and rural life, contemporary issues.

COMPRES Comparative economic systems
Mechanisms for organizing economic units in across societies, decision making in response to economic problems of production and distribution, limitations of economic systems.

CORPLAN Corporate planning
Processes of systematic corporate decision-making planning, stages of planning formulation and applications.

CPLXECO Complexity economics
additional prerequisite: ECOMET2
Fundamentals of network theory, financial and supply chain networks, elements of fractal geometry and chaos dynamics, applications to economic theory.

DEVPLAN Development planning
Economy-wide planning with emphasis on less developed countries, focus on total output, savings, investment, government spending, and foreign transactions, sectoral relationships.

ECOINTE Economic integration
additional prerequisite: INTECON
The global trading and financial system, new theories of international trade, economies of scale and imperfect competition; regional economic integration, exchange rate dynamics, financial liberation, monetary cooperation, and issues on regional currencies.

ECONHIS Philippine economic history
Economic analysis of Philippine historical events, and evolution of social, political, and economic institutions from the prehistoric period, colonial Spain, American and Japanese occupation, and the contemporary period.

ENRECON Energy and resource economics
Introduction to Philippine economic geography, distribution, utilization, exploitation, and conservation of natural resources, supply and demand for energy resources.

ENVECON Environmental economics
(insert course description here)

EXPECON Experimental economics
(insert course description here)

FINNLEC Financial economics
Risk attitudes, financial portfolio theory, static equilibrium in capital markets, asset pricing and issues of capital market equilibrium, analysis of risk-free assets and securities including stocks and bonds.

FOPDERV Futures, options, and other derivatives
Forwards, futures, swaps, and options, derivatives, hedging, trading, other strategic analysis, valuation models.

GAMECON Game theory
Introduction to game theory, strategies and rational decision making; Nash equilibria, backward induction, credebility, subgame perfect equilibria; applications to Bertand, Cournout, ans Stackelberg models; extensions to sequential games and Bayesian games.

GENDECO Gender economics
Gender dynamics and economic theory, evolution of ideas and preliminaries of feminist philosophy, contemporary issues in areas of economic literature particularly in development economics and macroeconomic policy formulation.

GRWECON Economics of growth
Modern theories of economic growth, engines of economic growth, sustainability, transitions in growth, cross-country comparisons.

HELTECO Health economics
(insert course description here)

HISTECO History of economic thought
Survey of economic ideas with social and intellectual context through history: the period before Adam Smith up to Karl Marx; the marginalist revolution until Alfred Marshall; John Maynard Keynes and macroeconomics; contemporary ideas.

IMPEVAL Introduction to impact evaluation of development programs
additional prerequisites: LBYMET1 and ECOMET1
Effectiveness of development programs, program designs and policy dialogues; randomized and non-randomized designs; development of questionnaires, data collection and management; application to contemporary problems in economic development.

INTECOR International economic relations
Contemporary issues in economic relations among nations, global economic relations of the Philippines.

INTRAFN International trade and finance
International trade and open-economy macroeconomics, gains from trade, protectionism versus free trade, regional economic integration, markets for currencies and exchange rates, exchange rate regimes, balance of payments, foreign exchange rate adjustment processes, monetary and fiscal policies in an open economy.

LABOREC Labor economics
(insert course description here)

MANAGEC Managerial economics
Application of consumer theory, and firm and market structures to management decision making and processes.

MICMETS Applied microeconometrics for industrial organization
additional prerequisites: ECOIORG and ECOMET1
Models of entry and market structure, structural economic modeling, static and dynamic demand estimation, discrete choice, and production and cost function modeling. 

PERECON Personnel economics
(insert course description here)

POLECON Political economy
Institutional analysis of economic, social and political units, allocation of resources, utilization, schools of thought, historical development of theories in political economy.

PORTIVA Portfolio choice and investment analysis
Analytical models, economic framework, and techniques in investment management, investment performance analysis, and security valuation.

POVECON Economics of poverty alleviation
(insert course description here)

PRANALY Project analysis and evaluation
Cost-benefit analysis, identification and measurement of costs and benefits, valuation, shadow pricing, and investment criteria, applications to economic problems.

SPECTOA (to C) Special topics
For BA Economics students (letters A to C for recording purposes)

SPECTO1 (to 3) Special topics
For BS Applied Economics students (numbers 1 to 3 for recording purposes)

URBANEC Urban and regional economics
Spatial theory of economics, location theory, problems of urbanization, emergence of city centers, policy implications.

Service courses

INTOECO Introduction to economics (College of Liberal Arts)
Economic agents and behavior, individual and aggregate markets, the macroeconomy, international relations, the public sector, selected issues in Philippine economic development.

CONADEV Contemporary national development (College of Liberal Arts, College of Business)
Multidimensional aspects of development processes in global economies, economic growth models, developing and developed countries’ experiences, references to Philippine contemporary issues.

EUROECO The economy of Europe (College of Liberal Arts)
(insert course description here)

MANECO1 Managerial economics 1 (College of Science)
Macroeconomic analysis applied to business decision making, the business sector and the macroeconomy, problems of macroeconomics relative to business situations.

MANECO2 Managerial economics 2 (College of Science)
Microeconomic analysis applied to business decision making, consumer and producer theory from industry and firms’ perspectives.

USAECON The economy of the Unites States of America (College of Liberal Arts)
The US market and the global economy, role of the federal government, international trade and economic relations, integration to world economy, global governance institutions, contemporary issues.

Thesis and practicum courses

METRESE Methods of research
Skills development in scientific research project research and implementation through the formulation of a thesis proposal in undergraduate economics.

PRCECON Economics practicum
For single-degree programs, and ladderized program.

THSECO1 Economics research and project study 1
Undergraduate thesis.

THSECO2 Economics research and project study 2
Continuation of THSECO1.

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