Class Orientation

for Managerial Economics (MGT1115)

Institute of Accounts, Business, and Finance

Far Eastern University
By Dr. Shirley Catley-Rinoza
FEU Prayer

• Direct, O God, we beseech You. All our actions by your holy inspiration and help us all by your
gracious assistance so that every prayer and work of ours may begin with You and by You be
happily ended. Amen
Vision

• Guided by the core values of Fortitude, Excellence, and Uprightness, Far Eastern University
aims to be a university of choice in Asia

• Committed to the highest intellectual, moral and cultural standards, Far Eastern University

strives to produce principled and competent graduates

Mission

• Far Eastern University provides quality higher education through industry-responsive and
outcomes-based curricular programs.

• FEU produces globally competitive graduates who exhibit the core values of fortitude, excellence,
and uprightness.

• FEU promotes sustainable and responsive research, extension, heritage and environment
stewardship towards national and global development.
Core Values

• Fortitude refers to the ability to work hard, persevere, not give in or give up; to be
committed to an ideal and to pursue it with hard work and courage.

• Excellence refers to the ability to do rigorous, meticulous, and relevant work that is
comparable to the highest standards.

• Uprightness refers to moral and ethical integrity, willingness to put others ahead of
the self, commitment to fairness and a commitment to work for a greater good
Source: FEU Faculty Manual
Institute of Accounts, Business, and Finance
vision

• Far Eastern University – Institute of Accounts, Business and Finance (IABF)

envisions itself to be the preferred business school in Asia.
Mission

• The Institute of Accounts, Business and Finance is committed to produce principled and
competent business graduates, espousing Fortitude, Excellence and Uprightness. IABF will
promote community engaged, service-oriented individuals who will shape and build strong
organization in the future.
IABF
0BJECTIVES

• To achieve this, we are committed to:

• • Fervently incorporate actual business practices in all business professional courses to develop young and proactive
business executives;
• • Enhance the research skills of business students through exposure in research works;
• • Uphold the commitment of producing principled and competent business graduates;
• • Implement a comprehensive Student Apprenticeship Program;
• • Actively involve and participate in Community Service and Development;
• • Build and strengthen the entrepreneurial skills of the students and
• • Foster and sustain strong linkages with government and business industries, both local and international.
Self-Check

• 1.What is your vision?

• 2. What is your mission?
• 3. What are your objectives?
Course Organization

• This course is 18-week long.

• There will be two class meetings per week.
• You will have assignments due on different dates, so please check your calendar on Canvas.
• You will be given at least 3 days within which to submit an Assignment.
• No extension will be granted after the submission deadline, or late submissions will NOT be allowed anytime during the
semester.
• All submissions must be either in the classroom or online as required, but NEVER to my email nor inbox.
• If you do, they will NOT be considered nor credited.
• There will be at least 6 graded Formative Assessments (FA) inclusive of Quizzes and Practice Sets or Assigned tasks per
grading period (Midterm or Finals) or a minimum of 12 FA for the entire semester; and at least 2 Summative Assessments; a
total of 14 minimum number of Assessments.
• You will be responsible for all the assignments and activities throughout the semester.
Expectations from the Learner

• The student is expected to do the following:

• Review the due dates for the assignments.
• Ensure that to have approximately 3 hours per week for this Course
• Be present in every scheduled meeting.
• Be responsible to read and study all the materials.
• Orient oneself to the flow of the lessons.
• Conduct oneself appropriately in the classroom, especially, to avoid the use of electronic
gadgets while the lecture is going on.
• Participate in all the class activities as required by the professor.
• Maintain cleanliness, orderliness and respect in the classroom.
Required Materials and Technology

• This course will use Froeb, Luke, Brian McCann, Michael Ward, and Mikhael Shor, Managerial
Economics: A Problem Solving Approach, 5th Edition, Cengage Learning, 2018.
• Please check with Tams Bookstore regarding the e-book availability and purchase. Also, access the Tams
Bookstore Facebook page to find the url / link which leads you directly to the purchase of the required e-book. Be
clear with your e-book Title to avoid errors with your order and do away with any inconveniences in the future.
• Make sure you can access your Canvas account and your Course Cards.
• You will find the Course information booklet, Course outline, and the Learning aids on your Canvas course.
The course materials are arranged in sequential Modules..
• All content materials are in an e-book.
• Other materials will be provided by the course instructor.
Teaching and Learning Activities
• 1.Lectures
• Interactive lectures on major concepts and issues with PowerPoint slides are conducted.
• 2.In-class and Online Activities
• Students are to participate in-class and online activities and be able to share their views and
opinions.
• 3.Videos
• Students are to discuss specific sets of questions based on videos assigned and shown in class.
• 4.Group Case Analysis
• Students are divided into groups and are required to meet outside the class, analyze the
assigned case, and submit a written report using the required writing format.
• 5.Group Presentations
• Students are divided into groups and are required to conduct a project output. Each group
prepares and delivers a 15 to 30 minutes oral presentation.

• The 10th week is reserved for grade consultation or for any further queries & clarifications.
Standards for Assessment
• Class Participation (20%)
• • In-class Activities
• • Case Discussions
• • Group Presentations
• Class participation is divided into three (3) major activities as follows (a) in-class activities; (b) case
discussions; (c) group presentations.
• Discussion and sharing in class will be considered recitation. For group presentations, each group
is required to conduct analysis of topics discussed. Group presentation shall be evaluated based on
presentation style, content coverage, articulation on critical issues, use of concepts discussed in
class, and quality of interaction with audience. In determining the grade, input from the audiences’
evaluations and peer evaluation shall be considered.
Standards for Assessment
• Quizzes (30%)
• (a) understanding of managerial economics theories and concepts, and
• (b) application of the learned knowledge and theories.

• Quizzes shall consist of multiple-choice questions (MCQ); fill in the blanks, and/or essays. For
MCQ, students should choose one of the best answers for each question. Fill-in-the-blanks
questions should be answered with the most appropriate term that will make the statement
meaningful. For essays, student should be able to answer in a manner that main ideas are clear and
well supported by detailed and accurate information. In determining the grade, the essay rubric shall
be followed.
Standards for Assessment

• Major Examination (50%)

• The major examination is comprised of the midterm and final departmental examination that
consists of multiple choice questions only. Students should choose one best answer for each
question and mark the chosen answer clearly on the answer sheet provided. Each correct answer
will be awarded one point. Each incorrect or missing answer will have zero point.
Assessment

Class Participation (CP) 20% Grade Computation:

a. In-class activities Midterm Grade = 20%(CP) + 30%(Q) + 50%(ME*)
b. Case discussion Final Grade = 20%(CP) + 30%(Q) + 50%(ME**)
c. Group presentations

Quizzes (Q) 30% Course Grade = 50%(Midterm Grade) +

Major Examination (ME) 50% 50%(Final Grade)
TOTAL 100% *Midterm Departmental Exam **Final Departmental Exam
Equivalent Letter Grade

• 100 - 92 A
• 91 – 85 B+
• 84 - 78 B
• 77 - 71 C+
• 70 - 64 C
• 63 - 57 D+
• 56 - 50 D
• 49 - 0 F
Grading for Subjective Activities

• Not Following Instruction >> minus 20%

• • Plagiarism/Cheating (more than 20% on TURNITIN tool) >>minus100%
• • Incorrect response to item >> minus 10% per item
• • Incomplete response to item >> minus10% per item
Important Reminders
• Thisis an ONLINE COURSE and the platform to be used is CANVAS. Make sure to check your access and have it
fixed if there are any issues (CALL the academic office for assistance).
• Always Tput your cellphones in silent mode so as not to disturb the
• Do not wait for notifications on Canvas, be proactive by checking on your Canvas for assignments and announcements
• ALL TECHNICAL ISSUES with CANVAS/CENGAGE must be referred to the EdTech Department located at the 3 rd
Floor of the Admissions Building.
• All your ACTIVITY GRADEs are on CANVAS (refer to the GRADING SYSTEM for the computation)
• If you have any concerns, communicate RIGHT AWAY DO NOT WAIT FOR THE ELEVENTH HOUR
• SUBMIT ASSIGNMENTS & QTHER TASKS ONLY ON CANVAS ASSIGNMENTS when required FOR
PROPER RECORDING AND ASSESSMENT
• Submissions elsewhere (ex., email, inbox) WILL NOT BE ACCEPTED NOR CREDITED.

Reference: Prof. Byron Cabarloc

Things to Remember

• • Computation of grade is ZERO based • Final Grade is CUMULATIVE (50% MT + 50% FINALS)
• Make sure that the activity is placed on the RIGHT category (refer to earlier slide). • Attendance is
NOT a factor in your grade computation • University wide PASSING is 50% of the total required
credit point
Course • This is a core business course focused on the application of
Description and microeconomic principles and methodologies to key
management decisions within organizations. Managerial
Objectives economics provides principles to foster the goals of the
organization, as well as a better understanding of the external
business environment in which an organization operates. The
course covers topics on production and cost decisions;
consumer analysis and demand forecasting and; market
structure and strategy. Students will learn to analyze concepts
and problems from a firm and manager’s perspective. Students
will also learn to apply economic models and rational choice to
business decision making.

• Students are expected to have knowledge in algebra and basic

calculus.
Course Learning CLO1. examine in detail pricing strategies in
Outcomes (CLOs) consideration of markets and industry changes.

CLO2. apply the concepts and methods in business

forecasting to accurately predict expected future cash flows.

CLO3. determine the optimal pricing strategy to

minimize costs for a given output or maximize output for a
given input budget to gain greater profit.

CLO4. demonstrate the importance of strategic games in

long term business decisions.

CLO5. work in group to solve and present business cases

and problems requiring decision making in the context of
managing a business.
Your Mentor/Facilitator
Prof. Shirley Catley-Rinoza
Doctor of Business Administration (DBA), PUP 2019
M. A. Economics, UST 2005 Cum laude

• CONSULTATION TIME: every meeting, at the beginning

or before class ends; otherwise, by appointment
• EMAIL ANYTIME allow time for response
• COMMUNICATE ANY CONCERNS via EMAIL
>>srinoza@feu.edu.ph (always use your FEU email
account when signing-in)
• DO NOT communicate with me using social media like
Facebook nor messenger, I do not reply via these channels.

NOTE: Make sure to identify yourself and Section. No

Identification, No Response