Tomas del Rosario College

Capitol Drive, San Jose, Balanga City

Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Course Descriptions

Bachelor of Science Business Administration

Accounting 1: Fundamental of Accounting

This course will cover the introduction to financial accounting within the context of
business and business decisions. It will explore the development of accounting information and
the use of various types of accounting information found in financial statements and annual
reports. It will emphasize what accounting information is, why it is important and how it is used
by economic decision makers. Specifically, it will cover introduction to business and decision
making, basic structure and development of useful accounting information, understanding the
basic financial statements cash (balance sheet, income statement, statement of owners equity,
and statement of cash flows) forms of outside assurance on financial statements; and analysis of
accounting information.

Finance: Basic Finance

This course will cover an introduction to financial management. It will focus on what
business firms should do to achieve their financial goal, which is to optimize the owners wealth.
Specifically the course will include discussion of the finance function, the operating environment
of finance, key concepts such as time value of money, risk and return, tools of financial analysis
and planning, utilization of funds and acquisition of funds.

Marketing 1: Principles of Marketing

This course is designed to familiarize the students with the principles and practices in
marketing of goods and services. It is divided into five parts, namely: marketing and the Filipino
consumer, products, price and the factors affecting price, place; and promotion of goods and
services.

Marketing 1: Principles of Management

This course deals with the fundamentals of business organizations and management. The
theories and principles of organization and management, as well as their application in business
and industry are thoroughly discussed. The functions of management (Planning, Organizing,
Staffing, Directing and Controlling) and the different forms of business ownership with their
strengths and weaknesses form part of the course coverage. The course covers the benefits
derived from entrepreneurship and importance of social responsibility as another goal of
business.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Management 2: Human Behavior in Organizations

The course introduces the students to the factors affecting the behavior of individuals and
groups in organization focusing on the specific factors that tend to explain behavior of
individuals, groups and organizations. Various theories and models of organizational behavior
work group behavior, motivation in life and work, and human relations among others are
discussed and related to organizational practices and phenomena.

Business Communication
The course covers the different terms of communication used in business transactions.
Students are taught to prepare business reports, memoranda, business proposals, minutes of the
meeting, economic briefs, and executive summaries. Formal styles of communication are also
covered in the course.

Computer II Business Applications

This course covers introduction to basic programming, business applications and
accounting enterprise systems. This will also cover an introduction to E Business.

BSBA Human Resource Development Management (HRDM) Administrative Office

Management
This course is a study of the different phases of administrative office management and its
vital role in the business organization. It also includes the importance of AOM on management,
technology, managements decision making and the need for good planning toward job
satisfaction and self actualization. It covers topics like the basic concepts of AOM, managing a
culturally diverse workforce, managing administrative services, and controlling administrative
services.

Labor Law and Legislation

The course covers the introduction to the basic concepts and principles of the Philippine
Labor Code as an indispensable tool in human resource management. Knowing the various labor
and social legislation is as indispensable as knowing the basic laws of the land. The scope will
also cover the different government instrumentalities involved in implementing labor and social
legislations like the Department of Labor, National Labor Relations Commission, the Social
Security System, etc. The student is given the opportunity to learn how the various labor laws
affect the manner business operates, the interplay of various sectors, the limitations and scope of
freedom in the workplace will influence the culture of the organization.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Recruitment and Selection

This course covers the fundamental methodologies of attracting new talents needed by
the organization with emphasis on effective sourcing of manpower, selection of prospective
employees, matching job requirements with qualification of applicants in the workplace,
induction of newly hired employees to facilitate their integration in the new business
environment. The students will be oriented with the strategies and techniques to fill up vacant
positions at the right time with adequate qualifications of new hires will help organizations
achieve its business plans and operational objectives for a given period.

Training and Development

The course discusses training as related to organizational objects. Training models,
learning theory, evaluation methodologies, instructional techniques and topics of special interest
are emphasized.

Compensation Administration
The course includes examination of theories, models and procedure required to develop
compensation and reward systems in organizations. Economic, psychological and social
elements of compensation. Determination of compensation structures and differentials, forms of
compensation and reward, compensation levels. Instructors and Schedule.

Labor Relations and Negotiations

The course uses cases, lectures and simulations to develop negotiation skills in a variety
of management situations, including union management relations. Issues include pre
employment discussions, collective bargaining, arbitration, mediation, agency, renegotiating
contracts, and multiparty discussion. Instructors and Schedule

Strategic HR Management
This course will allow students to work with a seasoned and capable mentor who will
guide the students in their self discovery. The philosophy on the self as the primary instrument
and a key success factor in effectively performing strategic HR work will be the cornerstone of
this course. Various self assessment tools and instrumentation will be utilized to enhance self
understanding/processing.

Organizational Development
The student will be given the general idea of what is involved in developing an
organization to achieve its vision and mission, its philosophies and culture to ensure its
competitiveness in a globalized economy. The scope will cover such topics as principles and
theories of organization development, organization design and structuring, training and
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

development, performance management, culture and change management. It focuses on the

management of organizational change/interventions from a system perspective. The students will
gain sufficient knowledge to appreciate the overall impact of these activities for the success of an
organization.

Marketing Management
This course aims to provide students with a thorough understanding of the role of
marketing management in the society, the economy and the firm. It deals with the marketing
strategies of management. Case analyzes are used to encourage creative thinking, decision
making and policy formulation among students.

Special Topics in Human Resource Management

The course covers range of major issues impacting on human resource management in
organizations including demographic and social change, ethics in HRM, managing diversity,
assessment center techniques, the impact of Government legislation on HRM, the contribution of
HRM to improving productivity, managing outsourcing, career development and mentoring.

Operational Management
This course tackles the nature, scope, functions and importance of production and
operations management in business. It includes discussions on productivity, competitiveness and
strategy, forecasting, production system design, process selection and capacity planning,
facilities layout, design of work systems, quality, scheduling and just in time manufacturing
systems. Cases will also be used to illustrate and apply the basic production and operations
concepts and tools commonly used in business firms.

Managerial Accounting
The course is designed to prepare the student for effective financial decision making at
a managerial level. This course will introduce students specifically to managerial accounting: the
accounting process that uses financial information to organize and govern finance within an
organization.

Entrepreneurial Management
The course aims to teach the approach entrepreneurs use in identifying opportunity and
creating new ventures; the analytic skills that are needed to practice this approach; and the
background knowledge and managerial skills that are necessary for dealing with the recurring
issues involved in starting, growing, and harnessing the value of new ventures.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Logistic Management
This course covers topics on supply chain management. This includes subjects such as
domestic and international transportation, transportation economics, supply chain strategy,
logistics system design, procurement, reverse logistic, e logistics, and information systems for
logistics and supply chain management.

Global/International Trade
International Trade provides a host of topics on international agreements, trade policies
and restrictions, counter trade, world trade, tariffs, foreign exchange and balance of payments.
This course provides materials to students to enable them to capsulize their knowledge of
international trade especially entered into by ASEAN member nations. The course also equips
students with fundamental knowledge on trade among nations in preparation for globalization.

Project Management
The course describes the attributes that characterize a project, the five steps of the project
management process, and the variables involved in the project management process.

BSBA Marketing Management

The course will put selling on a professional basis that takes into account the demands
of changing times, advanced technologies, new products and sophisticated buyers.

Marketing Research
This course that deals with the study of the planning, collection and analysis of data
relevant to marketing decision making and communicating the results of this analysis to
management. It further deals with the function which the consumer, customer and public to the
marketer through information that is used to identify and define marketing opportunities and
problems; generate, refine and evaluate marketing actions; monitor marketing performance and
improve understanding of marketing as a process.

Marketing Management
This course covers the nature, importance and techniques on sales management. The
organization and the different aspects of organizing and strategic planning for selecting
applicants for an effective sales force are also emphasize. This also discusses planning for
effective marketing.

Distribution Management
The course covers the principles and functions of distribution management, the roles of
marketing channels and physical distribution in the marketing system, the cost implications of
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

management decisions involving distribution. The course aims to crystallize students

understanding of distribution cost analysis through their involvement in exercises and actual
projects in the area of distribution management.

Advertising and Sales Promo

This course aims to provide thorough understanding about Advertising and the Real
world. It will help students analyze marketing/advertising opportunities and will be able to know
the process in creating and advertising plans. This course discusses details about advertising
foundation and environment, advertising media and creating advertising. This will introduce
student to the richness and variety of the advertising world.

Project Management
The course discusses product management typically deals with all of the end to end
aspects of a product or product line including product profitability, the role may be split with
closely related functions Product marketing, program management, and project management.

Retail Management
This course provides the student with a comprehensive view of retailing and an
application of marketing concepts in a practical retail managerial environment. We will analyze
current multi channel retail strategies among bricks and mortar and web based firms.
Retailing is changing today, and the successful business will know how to identify, adapt and
plan with the changes, without moving away from its core competencies. We will consider the
development of a retail format and its strategy, the analysis of a target market, demographic
analysis related to site selection, retail personnel issues, and category management. Buying,
financial analysis and pricing will also be investigated.

Strategic Marketing Management

The course introduces students to the process of developing and managing marketing
strategy, examining how firms create and sustain customer value from market analysis and
product positioning to communications and channel systems design.

Consumer Behavior
This course involved a study of consumer behavior as a tool for marketing decision. It
describes the rationale for studying, the consumer behavior outcomes, and the consumer
behavior process; The psychological core, the process of making decisions, and the post
decisions evaluation. Consumers culture, consumer behavior outcomes and issues concerning
consumer welfare is also discussed.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Sales Management
This course relates to the principles of sales management functions. The subject covers
the functions and methods of recruiting, selecting, training, motivating, equipping,
compensating, controlling and supervising salesmen. Understand the nature of the scope of work
of en executive responsible for group sales persons tasked to promote and sell a particular
product; understand and discover new selling techniques in a highly competitive and
technologically advanced marketing environment. The student will learn to prepare a sales
program for a given product, beginning with the launching stage until the full cycle has been
completed, integrating therein his social responsibilities towards consumers and other sectors of
society.

International marketing
This course is intended to familiarize the students with the principles and practices of
global marketing. The topics include the scope and challenge of international marketing, the
cultural environment of global marketing, global marketing management, and the corporate
context of marketing.

Franchising
The course introduces franchising as a method of retail business in which the
investor/franchises makes an investment in the form of a franchise fee in exchange for the right
to promote goods, services and/or processes directly to the public. A franchise usually has a
recognizable name or trademark. Franchising involves the integration of independent companies
at different levels and in different areas of production and distribution. This integration permits
more effective sales and advertising.

E Commerce and Internet Marketing

This course parallels the study of basic marketing and explores key marketing concepts in
the context of todays digital/internet environment. It fills the gap for those who have found
Internet Marketing studies, which suffers from too much E and not enough marketing to are
too narrowly or technically focused on e commerce. This course will introduce the student to
many marketing uses of the internet. Featured are both discussion of E Marketing strategy and
practice with Web page authoring skills. Projects range from solving e marketing problems to
interviewing a professional and creating a Web site. The students will be exposed to the
development or evaluation of a strategic marketing plan for a product or product mix offering on
the internet and development or evaluation of the companys e strategy and web site.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Entrepreneurial Management
The course aims to teach the approach entrepreneurs use in identifying opportunity and
creating new ventures; the analytic skills that are needed to practice this approach; and the
background knowledge and managerial skills that are necessary for dealing with the recurring
issues involved in starting, growing, and harnessing the value of new ventures.

Direct Marketing
This course deals with the expanded materials on the internet and other digital media and
brand information on E business (including e communications, banners and e mail,
permission marketing) also includes E commerce (on lime merchandising and usability and
navigation of web sites) and E services (on line customer service, live operators, on line chats)
linking with call centers up to the minute coverage of data base marketing, including data mining
in database expanded coverage of consumer privacy, issues new information on customer
relationship marketing and tele services.

Service Marketing Management

This course examines the need for marketing in service industries, develops an
understanding of the ways in which service marketing differs from product marketing, and
improves students understanding of how service characteristics affect the marketing function.
Students learn to develop and implement marketing plans for service organizations.

Industrial/Agricultural Marketing
The course covers strategies on how to identify and promote new industrial uses for our
countrys agricultural commodities. It includes net working with the private sector to develop
environmentally friendly products and technologies, using raw materials produced in agriculture.

Cooperative Marketing
This course outlines the process of organizing and financing a cooperative business. It
represents the most important elements to consider when forming a cooperative. It lists what
special expertise is necessary, and where to look for help. The subject emphasizes working with
groups of producers to develop markets and sources of supply. This study has been broadened to
also include nonfarm cooperative applications. The cooperative business structure, already
shown to be successful in agriculture, also has been useful in helping others obtain desired
benefits or provide needed services in areas like housing, utilities, finance, health care, child care
and small business support.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

New Market Development

The course aims to study services which are offered to provide cost effective support to
business planning, market forecasts and strategy development (Market Research Reports
including Market Essentials; marketing Consultancy including the Customer Insight style of
reporting, and Commercial Due Diligence for financial providers and companies involved in
acquisitions and mergers).

Environmental Marketing
This course satisfies two interrelated objectives: to improve the students marketing
decision making ability through the solution of complex multinational marketing problems;
and to increase the students sensitivity to different cultural, socio economic and legal
environments encountered in the international marketplace. The course uses readings, cases and
a group project.

BSBA Financial Management

Introduction to financial management and finance; Cash flows and financial analysis; The
make up of interest rates, risk and the time value of money in financial calculations; The
techniques of valuing bonds and stocks and the risks associated with valuations; Capital
budgeting techniques, cash flows estimation and risks in capital budgeting; The components of
capital, the cost of capital and leverage; Managing working and capital, cash and financing;
Corporate financial planning, corporate restructuring and international finance.

Financial Analysis and Reporting

This course deals with solving common financial problems. The primary focus is on
equity (share) valuation, with some attention given to credit analysis and the valuation of debt.
The methods of fundamental analysis will be examined in detail and applied in cases and
projects involving listed companies. Topics include models of shareholder value and a
comparison of accounting and discounted cash flow approaches to valuation, methods of
financial statement analysis, testing the quality of financial reports, designing value added
metrics, forecasting earnings and cash flows, pro forma analysis for strategy and planning, and
the determination of price/earnings and market to book ratios.

Banking and Financial Institutions

Courses in this area are designed to develop an understanding of financial institutions and
financial market and their relationship to public policies and management policies. Included are
studies of market structure, profit strategies, relationship of commercial banks and other financial
institutions, problems of asset and liability management, and theory of interest and asset prices.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Monetary Policy and Central Banking

Part 1: Introduction and Overview Barter, payments and a money economy; Money,
inflation, interest rates and output; Intermediation and the financial system; Financial
instruments, markets and institutions; Interest Rates and term structure.

Financial service industry; Origins of banks; Why is the financial industry special;
Banking and financial regulation; Risks in financial intermediation.

Money creation and central banking; Multiple deposit creation; Demand and supply for
money and reserves; Deposit creation by banks and the roles of a central bank; Instruments of
monetary policy.

Operation of the monetary board.

Investments and Portfolio Management

A study fundamental theories of optimal portfolio selection, investment evaluation,
securities valuation, industry and company analysis in relation to stock market operations,
management of fixed income investments, international portfolio diversification.

Capital Markets Management

This course focuses on Capital Market Theory, its efficiency and implications. It
establishes its coherence with the rest of the financial institutions within the financial
environment. The course also deals with the relationship of the financial market with the
government and how the latter stands a powerful influential tool. The course likewise attempts to
develop the analytical ability of the students through various financial case presentations.

Credit and Collection

This course covers techniques of establishing the credit, obtaining and checking
information, servicing the loan, billing and collecting the amount due. Each of a banks
installment credit operation is carefully scrutinized. After successfully completing this course the
student should have a working knowledge of: Collection policies and procedure; Principles of
credit evaluation; Open end credit; Direct lending; Leasing of consumer goods; Indirect
lending; Legal aspects of installment credit; Organizing and managing an installment loan
department.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Strategic Financial Management

The course enables the student to have an integrated view of the management of a
financial institution. Topics include corporate environment scanning, situation audit, objective
setting, strategy and tactics formulation, financial planning and control in the context of a
periodic planning cycle. Case studies of planning in financial institutions will be extensively
used. The profit/cost center performance via the transfer pool pricing management information
requirements as well as designing the database management system will also be discussed.

Public Finance
Examines issues central to majority of the most pressing issues in public affairs: market
outcomes, government expenditure programs, and taxation; Examined the major strength and
weakness of the market and explore why government involvement is necessary. Examines the
models welfare economics use to describe optimal patterns of government expenditure and
taxation. Use the models to analyze real world problems and programs, and use of both
efficiency and equity criteria to evaluate many policies and policy proposals.

Cooperative Management
This course outlines the process of organizing and financing the cooperative business. It
represents the most important elements to consider when forming a cooperative. It lists what
special expertise is necessary, and where to look for help. The subject emphasizes working with
groups of producers to develop markets and sources of supply. This study has been broadened to
also include nonfarm cooperative applications, the cooperative business structure, already shown
to be successful in agriculture, also has been useful in helping others obtain desired benefits or
provide needed services in areas like housing, utilities, finance, health care, child care and small
business support.

Entrepreneurial Management
The course aims to teach the approach entrepreneurs use in identifying opportunity and
creating new ventures; the analytic skills that are needed to practice this approach; and the
background knowledge and managerial skills that are necessary for dealing with the recurring
issues involved in starting, growing, and harnessing the value f new ventures.

Treasury Management
The course aims to introduce the students to a more intensive discussion of the various
domestic and international treasury functions, concepts and products of a financial institution.
The topics include international trading, securities leadership, reserves and money position
management, funds management, tax position management, pricing of treasury products. FCDU
management, foreign exchange exposure management, risks and controls in treasury operations.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Special Topics in Financial Management

It provides an overview of tools, techniques, and frameworks commonly used as part of
market and industry assessments, on engagements involving substantial operation and
organizational analysis. It highlights the principle financial analytical tools used to conduct
strategic analysis and indicates the link between corporate strategy and performance through
measurement frameworks used frequently to provide decision making information to
management.

Risk Management
This course covers the strategies employed include transferring the risk to another party,
avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the
consequences of a particular risk. Traditional risk management focuses on risks stemming from
physical or legal causes (e.g. natural disasters or fires, accidents, death and lawsuits). Financial
risk management, on the other hand, focuses on risks that can be managed using traded financial
instruments. Intangible risk management focuses on the risks associated with human capital.

Securities Analysis
This subject is intended to develop a students ability to analyze financial statements for
the purposes of assessing a companys financial stability, performance and efficiency. The
subject involves the analysis of failed and non failed companies, employing both classical rates
analysis and the failure production models.

Behavioral Finance
This course covers the main insights and findings from behavioral finance, and studies
the psychological phenomena that influence investors, analysts and portfolio managers.
Wherever possible, short cases are used to convey key points.

Financial Controllership
A course in the controllership function in a business organization with focus on financial
institutions (banks, investment houses, finance companies, stock brokerages and insurance
companies). It covers the management of data and information, the system of control through
operating and capital budgets, tax administration, protecting of assets, and general internal
control systems and procedures.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Mutual Fund
In this course, the students will have an in depth study at a non bank intermediary where
investors can buy special portfolios of securities. The course begins with an overview of
financial intermediaries and then focus at the features of mutual funds which is an example of a
non depository intermediary. It also deals with topics like SEC Regulations on investment
companies like mutual funds, opened end mutual funds as distinguished from closed end
mutual funds, and investment portfolios. It also provides the students adequate knowledge on the
three advantages of mutual funds namely; diversification, liquidity and transaction cost
advantage.

Venture Capital
The course surveys the private equity industry, with an emphasis on financial economic
tools useful for leveraged buyout and venture capital investing. The main goal of the course is to
equip students with the financial background to start a career as a private equity investor. The
course is divided equally between lectures and cases, with written assignments by students
formed teams required for about a third of the class meetings.

Global Finance with Electronic Banking

Review of basic corporate finance terms, issues in internationals trade and multinationals;
Macro determinants of exchange rates; Foreign exchange market; Futures and options, parity
conditions and more on hedging; Measuring accounting exposure; Managing accounting
exposure; International Financing; Capital Budgeting and the Cost of Capital; Transfer pricing
and asset management.

BSBA Business Economics

Basic Macroeconomics (with Taxation and Agrarian Reform)
Economics 2 with Taxation and Agrarian Reform deals primarily with the study and
determination of economic activity. More specifically, topics for discussion include national
income theory, monetary policy, fiscal policy, taxation, employment, price level, international
trade, economic development and agrarian reform.

History of Economic Thoughts

The course is primarily concerned with the development of economic theories and
doctrine from ancient world to the modern world. It particularly aims to familiarize the students
wit the history of economic theories development and explain why and how the views and
intellectual sights of great economics.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Advanced Microeconomics
This course is an introduction to macroeconomics. It deals with basic macroeconomic
policies and specific developmental problems confronting developing countries such as problems
of employment and inflation, poverty and inequality, pollution and environmental degradation. It
covers discussion of national income and product, income policy and distribution, growth and
development, banking system, monetary and fiscal policies, international monetary system,
international trade and economic development. Upon completion of the course, the students will
be able to utilize the knowledge learned and the attitude and skills gained, in understanding the
macroeconomic problems, issues and relationships.

Advanced Macroeconomics
Advanced Macroeconomics is a more elaborative discussion on the topics covered in the
basic course. It deals primarily with the whole economy. More specifically, topics for discussion
include national theory, money, taxation and public expenditure, employment, the price level and
international trade and payments.

Managerial Economics
Managerial Economics concentrates on the application of the tools of economic analysis
in business management decision making. It focuses on three areas: theory of the firm, market
structure and pricing and role of government in the business economy. The first part will focus
on the concept of profit and wealth maximization as well as alternative objectives of the firm.
The second part will deal on price determination and characteristics of the different markets, e.g.,
pure competition, monopoly, monopolistic, oligopoly, and will discuss various pricing practices.
Finally, the third part will introduce government intervention and regulation in the market
economy. Cases and problem exercise will be used to complement lectures to enable students to
apply the concepts and tools of economic analysis introduced in class.

International Economics
The course presents basic concepts of international trade and finance, international
division of labor, comparative advantage and gains from trade, balance of trade and balance of
payment problems, international economic cooperation, bilateral and multilateral agreements,
protectionism, international economic conflict and the role of international economic integration.
Also covered are: international trade policies and measures, theory and policy of international
investment, examination of problems, policies and strategies on international trade of developing
countries and the Philippines.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Project Development Management

The course describes the attributes that characterize a project, the five steps of the project
management process, and the variables involved in the project management process.

Strategic Corporate Development

The course includes multiple functional groups within the company (including Market
Research, Pricing, Business Development, Operations and Financial Analysis) and will involve
exposure to nearly all dimensions of the proprietary business operation.

Economic Development
This course focuses on the analysis of development principles, models and strategies and
approaches. It also deals on the core values of development, the causes of imperfect
development, the various theories and meanings of development and the problems and
constraints in the development goals and objective of a community or a nation. The course will
also identify and discuss the characteristics and problems of less developed countries, criteria of
growth and development with emphasis on strategies for development, obstacles to economic
growth and policies for promoting growth. Upon completion of the course, the students will be
able to utilize the knowledge learned and the attitude and skills gained, in understanding and
familiarizing problems of underdeveloped economies and its relationship to the world
economies.

Mathematical Economics
Mathematical Economics deals with mathematical concepts, methods and techniques
used in economic analysis that are indispensable for a proper understanding of economic
phenomenon. It includes discussion and analysis of economic models, functions and selected
economic variables. Upon completion of the course, the students will be able to utilize the
knowledge learned and the attitude and skills gained, in understanding the real world economic
problems, issues and relationships.

Economics Statistics
This course introduces students to descriptive statistics, probability theory, discrete and
continuous probability distributions, sampling methods, sampling distributions, estimation and
hypotheses testing. This is also a computer aided course that develops the students ability to
collect data, postulate a hypothesis or a model select the appropriate statistical technique, analyze
the data using statistical software, draw correct statistical inferences, and clearly summarizes the
findings. Specific topics include chi square tests, analysis of variance, simple and multiple
regressions and correlation models, time series analysis and quality control.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Current Economic Issues

This course deals with the study of economic aggregates such as national production,
price levels, inflation and its consequences, unemployment, business cycles, money and creation,
Fiscal and monetary policies and factors that affect consumption and savings.
It also provides the students an opportunity to discuss issues on monetary policies and its
relation to inflation; how to stimulate a weak economy; measurement of money and Central bank
control over money supply and interest rates, and the similar controversial and contemporary
issues.

Operation Research
This course emphasizes analytical, experimental and quantitative approaches to solution
of business problems. Emphasis is also put on the study of scientific techniques of decision
making in business, industry and government. Most operations research projects involve
elements of data collection and analysis, development of skills in formulating and solving
mathematical models dealing with inventory, waiting lines, game theory, linear programming,
transportation and other decision tools.

Industrial Economics
The course discusses the field of study in entrepreneurship and immerses students in the
planning and execution of complex entrepreneurial activities in a small existing or start up
business. Activities involve new business formation, direction setting, growth or turnaround.
While students will be under the supervision of the faculty. Students must apply concepts learned
in other business courses to their field study experience and to report orally and in writing.

Monetary and Fiscal Economics

The course will consist of five parts. Part 1 will cover a few alternative models of
monetary economics, which offer different motivations for the existence of money in the
economy. Part 2 will focus on the modeling of monetary policy, the evaluation of its
performance, and the measurement of its effects in a closed economy environment. We will
discuss the pros and cons of different monetary policy rules. Part 3 will extend the analysis of
alternative policy rules to the open economy. Part 4 will focus on the interdependence of
monetary and fiscal policy. Part 5 will introduce some political economy issues. We will spend
most of the time on parts 2 and 3.

Economic Research
Economics Research Writing is the follow up course on Economics of Research
Methods and Techniques. This course consists of actual writing of the thesis. Therefore, it
focuses on the provision of individualized consultation for the final preparation of the thesis. The
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

course culminates with the defense of the research study at the end of the semester. Upon
completion of the course, the students will be able to utilize the knowledge learned and the
attitude and skills gained, in understanding the basic research procedures including economic
theories, concepts and principles.

Labor Economics
This course provides a discussion of the economics of the labor market. The course
begins with an overview of the trends and institutional features that characterize the labor
market. Particular attention is placed on the causes and consequences of rising female labor force
participation rates, the growth of the service sector, and other labor market issues.

Environmental Economics
The course provides students with a rigorous training in environmental and natural
resource economics. In particular the course deals with the underlying causes of environmental
degradation. The way in which economic regulations such as pollution taxes and tradable permits
impact on environmental emissions. The valuation of environmental goods in monetary terms
and how these values might be used in cost benefit analysis.

Agricultural Economics
This course prepares the students for a career that requires balancing environmental
sustainability and economic development goals. The major is a broad, integrated study of
environmental economics, public finance, economic development, community and regional
studies and environmental science.

Special Topics in Business Economics

The course covers the methods used in the research of economic phenomena and
applications of econometrics are covered. Students may also take study units from the
intermediate and advanced studies of statistics. For instance, time series analysis, stochastic
processes, sampling methods and operation research.

Practicum/Work Integrated Learning

This course supports students embarking on their first applied practicum course in
preparation for professional work as practitioners. The primary instructional strategies used are
self directed learning, self assessment, peer teaching and reflective practice. These concepts
are woven together using sound instructional design methodology. The course is framed around
carefully considered course goals and specific, achievable learning outcomes that focus on the
higher level learning competencies.
 Tomas del Rosario College
Capitol Drive, San Jose, Balanga City
Telefax No: (047) 791-6152; Tele No: (047) 791-6082

Labor Law and Legislation

The course covers the introduction to the basic concepts and principles of the Philippine
Labor Code as an indispensable tool in human resource management. Knowing the various labor
and social legislation is as indispensable as knowing the basic laws of the land. The scope will
also cover the difference government instrumentalities involved in implementing labor and social
legislations like the Department of Labor, National Labor Relations Commission, the Social
Security System, etc. The student is given the opportunity to learn how the various labor laws
affect the manner business operates, the interplay of various sectors, the limitations and scope of
freedom in the workplace.