1. International monetary policy, can we control it?
2. International trade and the business cycle.
3. The impact of the US economy on the local economy.
4. Asean.
5. Oil prices: Impacts on the economy.
6. Price control on gasoline prices.
7. Oil-deregulation/oil-regulation.
Wednesday, November 18, 2009
Tuesday, November 17, 2009
Microeconomics Lecture (1)
These are some of the concepts that students must be familiar with to appreciate microeconomics.
1. Law of Supply and Demand
2. Price
3. Law of Supply
4. Law of Demand
5. Opportunity Cost
6. Scarcity
7. Revenues
8. Capital
9. Commodity
10. Price Determination
11. Consumer Choice Theory
12. Market Forces
13. Market Variation
14. Graphs
15. Market
16. Production and Cost
17. Profit-maximization
18. Market structures
19. Monopoly
20. Factor markets
21. Factor supply
22. Factor demand
23. Equilibrium
24. Externalities
25. Public goods
A more detailed look at supply and demand as well as how they affect price will be helpful in understanding microeconomics.
Microeconomics is the study of small economic units, such as that of individual, consumers, or households, opposite of macroeconomics. Microeconomics is also the study of the economic behavior of individual consumers, firms and industries and the distribution of total production and income among them. It considers both as suppliers of land, labor, and capital and as the ultimate consumers of the final product, and it examines firms both as suppliers of products and as consumers of labor and capital. Microeconomics seeks to analyze the market or other mechanisms that establish relative prices among goods and services and allocate society's resources among their many possible uses.
To differentiate, microeconomics is retail while macroeconomics is wholesale.
1. Law of Supply and Demand
2. Price
3. Law of Supply
4. Law of Demand
5. Opportunity Cost
6. Scarcity
7. Revenues
8. Capital
9. Commodity
10. Price Determination
11. Consumer Choice Theory
12. Market Forces
13. Market Variation
14. Graphs
15. Market
16. Production and Cost
17. Profit-maximization
18. Market structures
19. Monopoly
20. Factor markets
21. Factor supply
22. Factor demand
23. Equilibrium
24. Externalities
25. Public goods
A more detailed look at supply and demand as well as how they affect price will be helpful in understanding microeconomics.
Microeconomics is the study of small economic units, such as that of individual, consumers, or households, opposite of macroeconomics. Microeconomics is also the study of the economic behavior of individual consumers, firms and industries and the distribution of total production and income among them. It considers both as suppliers of land, labor, and capital and as the ultimate consumers of the final product, and it examines firms both as suppliers of products and as consumers of labor and capital. Microeconomics seeks to analyze the market or other mechanisms that establish relative prices among goods and services and allocate society's resources among their many possible uses.
To differentiate, microeconomics is retail while macroeconomics is wholesale.
Teaching Load (2nd Semester SY 2009-2010)
1. Eco 223, Microeconomics, BSEM 2B, 8:30 - 10:00
2. Eco 223, Microeconomics, BSEM 2A, 10:30 - 12:00
2. Eco 223, Microeconomics, BSEM 2A, 10:30 - 12:00
Saturday, November 7, 2009
First day...
Another semester, another institution, but the same vocation. This time around, I would be teaching in Quezon City Polytechnic University (QCPU). Since, I still don't have my official load, I still have no course syllabus to upload.
But rest assured, the moment I have my subjects, I would be uploading the syllabus as well as the course requirements, for the students of QCPU.
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