Monday, November 10, 2014

Weekly Homework (Economics, Second Semester AY 2014-15)


Attention: Econ students

1. Kindly check your weekly homework. Please follow the guidelines (below) when submitting your handwritten report in a recycled short bond paper; margin, one inch (top, bottom, left, right)

Write your,

Name and Course/Year:
Class Schedule and Date Submitted:
Title of economic/business article/s:

Then, comply the following after reading the assigned economic/business article/s:

a. What are the words and phrases you find hard to understand? Please provide your initial understanding of these words and phrases.
b. Do you have a hard time understanding these words and phrases? Why or why not?
c. Provide a brief analysis of the economic/business article/s. The analysis could be visual or written.

Deadline every Thursday for TTH and Wednesday for MW classes.

2. For your online exercises:  

Course Key: NQ2D-KWGJ-4WV6 .  
Student Registration URL:

However, you can't use the course key without your access code:

3. Grading System: 

35% - Long  (Major) Examinations
25% - Aplia (Online Exercises)
30% - Terminal Report/s
10% - Class Participation 
100% - Total

Final Grade:

50% - Midterm Grade
50% - Final Term Grade
100 - Total (Temporary FG) less incentive/s

4. Terminal Report:  

Midterm Terminal Report:
Final Terminal Report:

Course Outline: 
Reference: Arnold, Economics 10th Edition

Week 1 

November 10 - 14, 2014:  Class Orientation; Economics of Scarcity, Chapters 1 and  2
No homework:

Week 2
November 17 - 21, 2014:  Supply and Demand Theory, Chapter 3
Homework: Economic forum cites remaining tasks and Economy under the Aquino administration: Worsening exclusivity (Note: analysis should be comparative
TTH Classes Deadline: November 27
MW Classes Deadline: November 26

Week 3
November 24 - 28:  Supply and Demand Application, Chapters 4 - 5
Homework: Emergency powers not needed for ILP, will only benefit big business and Philippines Electricity Crisis: How Regulatory Capture Undermines Emerging Markets (Note: analysis should be comparative
TTH Classes Deadline: December 3
MW Classes Deadline: December 4

Week 4
December 1 -5, 2014:  PRE-MIDTERM  EXAM
No Homework

Week 5

December 8 - 12, 2014: Elasticity, Chapter 20
Homework: Petron sees stable prices after Pandacan shuts and Lower crude prices don’t always mean lower profits (Note: analysis should be comparative
MW Classes Deadline: December 17
TTH Classes Deadline: December 18

Week 6
December 15 - 19, 2014: Consumer Choice, Chapter 21
Homework: Ports task force’s nightmare scenario: 106% holiday utilization
MW Classes Deadline: January 5
TTH Classes Deadline:  January 5

Week 7 
January 5 - 9, 2015: Market Structure, Chapter 23-25
Homework: Agriculture before the 2016 elections and Value chains for rural development
MW Classes Deadline: January 14
TTH Classes Deadline:  January 15

Week 8 

January 12 - 16, 2015: Agrarian Reform and Market Failures, Chapter 31
No Homework

Week 9
January 19 - 23, 2015 MIDTERM EXAM
No Homework

Answer key

Week 10

January 26 - 30, 2015: Macroeconomics Measurement: Part 1, Chapter 6
Homework: Land conversion, land deals hinder food self-sufficiency and Agriculture emerges from slump
MW Classes Deadline: February 4
TTH Classes Deadline:  February 5

Week 11 
February 2 - 6, 2015: Macroeconomics Measurement: Part 2, Chapter 7
Homework: PHL Oct. infrastructure spending up 6.7% and National gov’t debt rises 1% at end-2014 as overseas borrowing falls
MW Classes Deadline: February 16
TTH Classes Deadline:  February 17

Week 12
Feb 9 - 13 School of Business and Economics WEEK

Week 13 

February 16 - 20, 2015 PRE FINALS WEEK

Week 14 
Feb 23 - 27, 2015 Aggregate Demand and Supply, Chapter 8
Homework: Philippine Economic Update: Pursuing inclusive growth through sustainable reconstruction and job creation (for your report, read page 5-9 only) and Two decades after APEC hosting: Claim of 'turnaround' for PH unfounded
MW Classes Deadline: March 3
TTH Classes Deadline:  March 4

Week 15 

March 3 - 6, , 2015 : Classical Macroeconomics and the Self Regulating Economy, Chapter 9

Homework: CSU freshman with school fee problems commits suicide and Joblessness steadies in 2014 on Q4 hike
MW Classes Deadline: March 9
TTH Classes Deadline:  March 10

Week 16
March 9 - 13, 2015: Keynesian Macroeconomics and Economic Instability: A critique of the self regulating economy, Chapter 10
Homework:  Good wealth, usury, accidental learning: Exploring the defects of capitalism 
and  Taking the cue from Pope Francis: A call to radical business leadership
MW Classes Deadline: March 18
TTH Classes Deadline:  March 19

Week 17 

Mar 16 - 20, 2015 : Special topics: Financial Crisis 2007 -11) ; ASEAN Integration, Chapter 18
What: Forum and film showing Agrarian Reform
When: March 21, 2015, 1pm to 5pm
Where: USC Cafa Theatre
Attendance is a must

Thank you and congratulations ECON 1N studentss
Week 18
March 23 - 27, 2015  FINALS 

T E R M I N A L  R E P O R T :

Terminal Report: Four (4) members per group (i.e. interviewer, documentor, photographer, writer) 

Part I. Look for two articles about the current state of Philippine agricultural sector or anything related to Philippine agriculture, identify the source (author, title, date published and link), and comply the following:

a.) Summary of the articles
b.) Lessons learned

Part II. Visit at least three (3) public market in your locality and identify the location, estimated size, consumers income bracket, day and time of interview. Interview two (2) vendors per public market and find out whether they are selling imported or locally produced agricultural products. Make a list of these products, the countries where they are imported from,  as well as their prices. Do the same for the local products and identify the origin of locally produced agricultural products.

Interview three (3) consumers: 1 male preferably husband, 1 female preferably wife, and a young adolescent preferably 18 to 24 years old . Ask them what agricultural products they usually buy. Do they know if these products are locally produced or imported? Which do they prefer? Why?

Write a narrative report on your trip. How does this affect the local producers? What can you say about the state of the country's agricultural sector? What do you think will happen to our agricultural productivity once the Asean Economic Community (AEC) will start implementing zero tariff to agricultural products within the Asean region?

Submit your handwritten report in a recycled short bond paper, with your name, course and year, class schedule, name of teacher. Attached photos of your visit.

Deadline: March 9 and 10 , for TTH and MW classes, respectively. 

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