DMC COLLEGE FOUNDATION

SCHOOL OF BUSINESS AND ACCOUNTANCY

Sta. Filomena, Dipolog City

LESSON GUIDE

INSTRUCTOR : EARL RUSSELL S. PAULICAN

SUBJECT CODE : ECON. 3 (MACROECONOMICS THEORY AND PRACTICE)
DATE : August 17 and 18, 2017
TIME & DAY : 1:00-2:30 pm Thursday and Friday

A. OBJECTIVE (Subject Matter, Topics): At the end of the lesson, students are
expected to:
1.) describe the mechanism of the economy and the discipline of economics;
2.) explain the concepts of scarcity and opportunity cost;
3.) discuss major branches of economic inquiry: microeconomics, macroeconomics,
positive analysis and normative analysis.
4.) describe the concept of an economic model and its uses;
5.) explain rational behaviour and marginal analysis a method of analyzing the way we
make decisions.
of study.

B. MATERIALS / REFERENCES (indicate pages)

THE MACRO ECONOMY TODAY (Bradley R. Schiller) (Chapter 1)

C. MOTIVATION
Students are introduce to the study of macroeconomics. They will learn the
importance of studying this course in their careers and professions in the future. They
will also appreciate the significance of the study in every facet of their lives as citizen of
the country.

D. LEARNIG ACTIVITIES / PARTICIPATION

Oral recitation

E. EVALUATION
Written Quiz
Students will write an essay concerning their technical and analytical observation
of how the Philippine economy is behaving.
F. ASSIGNMENT
Research for the latest Gross Domestic Product and GDP capita in the country.
Make an analysis of the economic trend in the country during the last three
years.

Prepared by : EARL RUSSELL S.PAULICAN

Instructor

Checked by: ARIANNE MAE C. SARENO,LPT

Coordinator

Noted by: RACHELL-ANN B. BULJATIN, CPA

OIC Dean

Approved by: DR. DINO JOEY L. CORDOVA

VP-Academic Affairs
 DMC COLLEGE FOUNDATION
SCHOOL OF BUSINESS AND ACCOUNTANCY
Sta. Filomena, Dipolog City

LESSON GUIDE

INSTRUCTOR : EARL RUSSELL S. PAULICAN

SUBJECT CODE : ECON. 3 (MACROECONOMICS THEORY AND PRACTICE)
DATE : August 24 and 25, 2017
TIME & DAY : 1:00-2:30 pm Thursday and Friday

A. OBJECTIVE (Subject Matter, Topics): At the end of the lesson, students are
expected to:
1. explain what GDP is, how it can be viewed as the value added to intermediate
products and how real GDP differs from nominal GDP.
2.explain why GDP must equal the sum of consumption, investment, government
purchases and net exports and how expenditure on the nations output results in income
to resource owners.
3. Explain how the concepts of Gross National Product, Net National Product, National
Income, Personal Income, and disposable income can be derived from GDP.
4. define how spending and income circulate among business firms, households, and
governments and how international trade affects the economy.
B. MATERIALS / REFERENCES (indicate pages)
THE MACRO ECONOMY TODAY (Bradley R. Schiller) (Chapter 2)

C. MOTIVATION
Students are introduced to the study of how the economic performance of the
country is measured. The students will be taught of what is the relationship between the
economic performance of a country and the standard living of its constituents. Students
will be encouraged to explore the essence of studying macroeconomics.

D. LEARNIG ACTIVITIES / PARTICIPATION

Oral Recitation
Board Work

E. EVALUATION
Quiz
Chapter Examination

F. ASSIGNMENT
Study for the next lesson.
Students will make a graph depicting the economic condition of the country for the last 3
decades and explains what are the factors that affect its behaviour.

Prepared by : EARL RUSSELL S.PAULICAN

Instructor

Checked by: ARIANNE MAE C. SARENO,LPT

Coordinator

Noted by: RACHELL-ANN B. BULJATIN, CPA

OIC Dean

Approved by: DR. DINO JOEY L. CORDOVA

VP-Academic Affairs