' Failure to submit the info card will mean a grade of 5.0 in recitation for every quarter that the info cardisnotsubmitted- Latesubmissionoftheinfocardwillmeanadeductionof5'recitationpointsfromyour accumulated recitation points. I will return incomplete (no/stapled lD picture, incomplete

, .,information, etc). info cards for completion (which I will then consider as late submission).' No need to copy the "categories/info type". You may directly write down the info asked for.] Space at the top portion will be used to record recitation pointso Hobbies are activities you particularly like and engage in on a regular basis. (e.g. DOTA, marathon)5 Interests are fields_of stuOy that you particularly fi-nd-fascinating. (e.g. forensic science, stock market)6 Includes physical (e.g. jujitiu praititioner); academic (e.g. debite); i.ti"tic (e.g. drummer); tanguage

(e.9. Nihonggo); and other skills.

** On the provided 3" xinformation2:

FRONT

INFORMATION CARDl

5" index card (color coded by section), please provide me with the following

** do notfill up top portion..-- @right hand corner

attach (do not staple)r\aule Yr./Sectton recent 1x1 nholnNickname Birth date (mm/dd/yyyy)MM/Prov'l Address if dormer, state nm *tTel. No./cell# /e-mailHOOOTeS-/tnterestsSpecial S kills/abilities/talentso

General(type) Particu lar (title/exarn ple)Favorite Book (e.9. Grisham bks) (e.q. The Appeal)

Movle (e.q. comic book-based) (e.o. lron Man2/Dark Knirrhr'lMgplc (e.9. local bands) (e.9. Sugarfree)TV Series (e.9" silcom) (e.g. How I Met Your lVother)

BACK* do not fill up top portion..

Who to contact in case of emergencv (name & relation)Address:Tel. No.Dream ProfessionHero:'Motto/Quote:o"(if you could talk to Go{and ask Him one question, what would it be and whw

EY: (express yourself)'....** something to help me remember you....l have aproblem with names and "attaching" them to faces..

] Giye (1) the name of your hero, (2) a short description of who he/she is, and (3) a brief reason whyhe/she is your hero.

] !f you were ever discouraged in life, what quote/motto would help encourage you to keep up the fight?" You may express yourself by writing a poem, scribbling a note, drawing a picture, etc

TCO/vsl

Class No EL#1

Name yr/SecJUNE 6-12'

Date Day ltem price particulars

6 Mon Lunch p25 CokeP28 Burser

e-f oad P25

P78 subtotal3

7 Tues Taxi p60 to schoolLunch P4 half rice/

P40 porkchop

PLO+ subtotal

8 Wed snack P69 snack: californiamaki (classes

suspended)Books P1,385 Twilieht Collection

PL,454 subtotal

9 Thurs Guitar P4S TimeZoneFreaks arcade (utang)

Samalamig P7

Kwekkwek P20

P72 subtotal

10 Fri Lunch P4 half rice/P25 monsso

Snack P18 peach mango piePedicab P15 to MRT

P62 subtotal

11 Sat Movie:KFP2 P190 TrinomaDOTA P50 Blue Skies

Pautang P100 (k kuya)P340 subtotal

t2 sun Tithe P50

Laundry P170 Bublette'sP22A subtotal

P2,33O TOTAL4

Class No E[#rName yr/Sec

JUNE 6-12'Date Day ltem Price particulars

6 Mon Lunch p2S CokeP28 Burser

e-load P25P78 subtotal3

Tues Taxi P60 to schoolLunch P4 half rice/

P4O porkchop

P104 subtotal

8 Wed snack p69 snack: californiamaki (classes

suspended)Books P1",385 Twilight Collection

PL,454 subtotal

9 Thurs Guitar p4S TimeZoneFreaks arcade (utang)

Samalamig P7

Kwekkwek P20

P72 subtotal

10 Fri Lunch P4 half rice/P25 monggo

Snack P18 peach mango piePedicab P15 to MRT

P62 subtotal

11 Sat Movie:KFP2 P190 TrinomaDOTA P50 Blue Skies

Pautang P100 (k kuya)P340 subtotal

72 Sun Tithe P50

Laundry PITO Bublette'sP220 subtotal

P2,33O' TOTAL4

a

a

'EL#1 (June 6-12), etc... until perio week (9 wks)' Inclusive dates (M-Su)" Write subtotals (per day) in red ink" Write Total (for the week) in Red Ink and Box

' EL#1 (June6-12), etc... until perio week (9 wks)" Inclusive dates (M-Su)3 Write subtotals (per day) in red ink'Write Total (for the week) in Red Ink and BoxInclude weekend expenses as well as expenseswhen classes are suspended

.a

aInclude weekend expenses as well as expenseswhen classes are suspended

Point System. Pointcomplete AND on time a

late OR incomplete/incorrect format 1

No Submission 1

complete AND on timelate OR incomplete/incorrect format 1

No Submission 1

Syllobrrs gon Ld Qrronfen Ecortontlcs

INTRODUCTIoN 1,To EcONoMtcsTOPICS & CONCEPTS REQUIR.ED RTADING GUIDE QUESTIONS

l rmJ

ed.l4'ed.

t5ed.

l6ed.

I T^ed.

Significance of Economic Study

I ii

o Why sfudy economics?r What are the advantages of economic knowledge'?r What ae the limitatirns of economic analysis?. Is economic knowledge a necessity?r Wrat is the role of economics in day-teday life; in

the context ofthe next century?

r Definition of Economics

- Macroeconomics .

- Microeconomicsr Pitfalls in Economic Reasoning

- Failure ofceteris paribus

- Post'Iloc fallacy

- Fallacy of Composition

- Subjectivityo Posltive&NormativeEconomics

I I IAIB

IA r What is Economics?r What makes Economics a Scrcial Science?e IIow scientific are the approaches in the shrdy of

economics?r IIow do we lirnit unsound economic reasoning?. Why do cconomisls disagrce?

Basic Conceptsr Efficiencyfareto Optirnrrm: ;

r Law ofScarcity (LofS). Oplnrtunity Cost (OC)o Factors ofProduction

- Nahlral Resources

-' l,abor r

- Kapital ' ,r G<xds and Servicesr Aitemative Economic Systems

(AES)

- Command/I'raditional

- Market

- Mixed

z 2 IBIC2B

LZ)

JC2b

o What is efliciency?r Are e{Eciency and effectiveness the same?

o What causes inefficiencies?r What causes scarcity?r What diffcrentiates a need frorn a want and from a

demand?r What is a good; what is a service?r What do we produce; I{ow do we produce it; and

Iior whonr should we produce?r What is a PPF graph all about?

The Market Economyr The Invisible fland (lT!r Perfect Competition (PC)r Price Systemr Private Property

The Command Economyr General Functions of Governmenl

- Iilliciency

- Ilquity/liconomicSccurity

- Stabilityr Macroeconomic Objectives of

Govcrnmenl

- Oulput/Economicgrowth

- Iimployment

- Pricc Stability

- Foreign Ralance

- Economic Freedom

-t 2A2C

2A

zvIIow does the market work?What are the roles playal by perfect compefition,prices and private property in a market system?

IIow does lhe market determine what. how. & forwhom to produce?

INTRODU;CTION TO ECONOMIC$IRI'D READING GUIDE OUESTIONSTOPICS & CONCEPTS

. What are the limitations/weaknesses of the

rnrket?r When does Crovemment intervene in a market

economy?o What is the role of govemment in the

macroeconomy?r What ae the limitations of Crovernment

intervention in the economY?

LONG EXAM (Samuelson,CHl-3)

r Market failures

- Imperfect Comptition (IC)

- Externalities

- Public Goods r

r Government failures 1,'

o IIow did the market economy evolve?

e What me the oppositions to a market economy?

r [Iow will economic systems be like ilr the fuhre?

MtcRoEcoNoMlcsGUIDE QUESTIONS

( optional reading )E.K. Ilunt and H.J. ShermarL

"Economics: An Introduction to'fraditional and Redical Views, 5ned.'CH 14 (pp. la9)

I{istorical Evolution of tne UartetEconomy : i l'o Slavery :,

I

e Feudalism. Capitalismo Socialismr Communism

UIRED READING

What is the Demand Curve; Supply Cwve?

What factors aflect the Demand Curve; Supply

Curve?Whnt is S&D equilibrium?

Introduction to Microeconomics. SuPPIY and Demand

e Factors Affecting Demand '

- Own Price

- Ittcotnc

- MarketSize/PoPulation

- Price of Substitute Gonls

- Price of ComPlementaryGoods

- TasteVPreferences

- Other factors

r Factors Alfecting SUPPIY

- Own Price ,

- Cost ofProduction

- Price ofProduction Substitute

- Market Organization

Particular Factors

r Market Equilibrium

LONG EXAM (SuPPlYandDemand)

TCO/vsl