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Undergraduate courses

Economic theory

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

ECONTWOÌýIntroduction to macroeconomics
The aggregate (or national) economy.

MACREC1ÌýMacroeconomics 1
Equilibria of goods market, the financial markets, and labor market, determination of output, prices, and interest rates, monetary and fiscal policy dynamics.

MACREC2ÌýMacroeconomics 2
Economic growth and the role of expectations, dynamics of the open macroeonomy, exchange rates, IS-LM model.

MICREC1ÌýMicroeconomics 1
Decision-making and optimization in a competitive market framework, consumer theory, production and costs, partial equilibrium models.

MICREC2ÌýMicroeconomics 2
Imperfect markets, market interdependence, introduction to externalities and public goods, decision-making under uncertainty, introduction to economics of information.

Quantitative methods

ECOFOREÌýEconomic 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.

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

ECOMET1ÌýIntroduction to econometrics
Classical linear regression model, problems in ordinary least squares: autocorrelation, multicollinearity, heteroscedasticity, measurement errors, specification errors, nonnormality.

ECOMET2ÌýAdvanced econometrics
Simultaneous equation models, qualitative response models, panel data models, dynamic econometric models, time series econometrics.

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

LBYECO1ÌýMathematical economics 1 (laboratory)
Application of computer software to problems in MATECO1.

LBYECO2ÌýMathematical economics 2 (laboratory)
Application of computer software to problems in MATECO2.

LBYMET1ÌýEconometrics 1 laboratory
Application of computer software to problems in ECOMET1.

LBYMET2ÌýEconometrics 2 laboratory
Application of computer software to problems in ECOMET2.

LBYMETFÌýFinancial econometrics laboratory
Application of computer software to problems in ECOMETF.

MATECO1ÌýMathematical 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.

MATECO2ÌýMathematical 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.

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

Core economics courses

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

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

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

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

MONBANKÌýMoney 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.

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

Electives and specialized courses

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

COMPRESÌýComparative 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.

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

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

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

ECOINTEÌýEconomic 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.

ECONHISÌýPhilippine 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.

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

ENVECONÌýEnvironmental economics
(insert course description here)

EXPECONÌýExperimental economics
(insert course description here)

FINNLECÌýFinancial 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.

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

GAMECONÌýGame 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.

GENDECOÌýGender 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.

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

HELTECOÌýHealth economics
(insert course description here)

HISTECOÌýHistory 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.

IMPEVALÌýIntroduction 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.

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

INTRAFNÌýInternational 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.

LABORECÌýLabor economics
(insert course description here)

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

MICMETSÌýApplied 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.Ìý

PERECONÌýPersonnel economics
(insert course description here)

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

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

POVECONÌýEconomics of poverty alleviation
(insert course description here)

PRANALYÌýProject 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)ÌýSpecial topics
For BA Economics students (letters A to C for recording purposes)

SPECTO1 (to 3)ÌýSpecial topics
For BS Applied Economics studentsÌý(numbers 1 to 3 for recording purposes)

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

Service courses

INTOECOÌýIntroduction to economicsÌý(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.

CONADEVÌýContemporary national developmentÌý(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.

EUROECOÌýThe economy of EuropeÌý(College of Liberal Arts)
(insert course description here)

MANECO1ÌýManagerial economics 1Ìý(College of Science)
Macroeconomic analysis applied to business decision making, the business sector and the macroeconomy, problems of macroeconomics relative to business situations.

MANECO2ÌýManagerial economics 2Ìý(College of Science)
Microeconomic analysis applied to business decision making, consumer and producer theory from industry and firms’ perspectives.

USAECONÌýThe economy of the Unites States of AmericaÌý(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

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

PRCECONÌýEconomics practicum
For single-degree programs, and ladderized program.


THSECO1ÌýEconomics research and project study 1

Undergraduate thesis.

THSECO2ÌýEconomics research and project study 2
Continuation of THSECO1.