The Bachelor of Arts in Business Economics (BABE) program offers its students a solid grounding in economic theories with application to real world issues and problems. Since the unit is located in a high-growth industrial area, the program is particularly oriented towards the application of economic principles and concepts to business, industry and regional development activities. The program seeks to produce analysts, researchers, and other economic practitioners who can work well in various business and investment institutions as well as in government and planning agencies.

Program Learning Outcomes:
1. Conduct quantitative and qualitative economic research
2. Critique national, regional, and local economic development plans
3. Craft economic policies, bills, and ordinances
4. Formulate solutions to the economic problems of the country and the region

Career Opportunities:
Economists, Budget and Planning Specialists, Corporate Planning Officers, Credit Analysts, Financial Analysts

Course Offerings

101      Macroeconomics. National income accounting, consumption, investments, employment and income determination, analysis of prices and wages, fiscal and monetary policies, international trade, economic growth. Prereq: Econ 11. 4 u. Meeting type: lecture.

102      Microeconomics. Demand and supply, price determination, theory of the consumer, theory of the firm, analysis of markets, income distribution, general equilibrium and welfare. Prereq: Econ 11. 4 u. Meeting type: lecture.

106      Elements of Mathematical Economics. Mathematical approaches to elementary economic theory. Prereq: Math 21, Econ 101, Econ 102. 3 u. Meeting type: lecture.

109      History of Economic Doctrines. Survey of the development of economic analysis and doctrines. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

111      Introductory Economic History. Economic change in Europe and selected countries. Prereq: Econ 101 or COI. 3 u. Meeting type: lecture.

112      Asian Economic History. History of economic changes and development in China, Japan, and other Asian countries. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

115      Philippine Economic History. Economic change in the Philippines, with emphasis on conditions since 1900. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

116      The Economies of Asia. A survey of economic development in the countries of the region. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

121      Money and Banking. Nature and role of money, banks and other financial intermediaries, central banking and conduct of monetary policy, banking regulations, efficient markets theory, and international financial system. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

131      Quantitative Economics. Representation of economic phenomenon in terms of elementary mathematical and statistical models. Prereq: Math 21, Econ 101, Econ 102. 6 h. (3 lec, 3 lab) 4 u. Meeting type: lecture and laboratory.

141      International Economics. International trade and finance, commercial policy, macroeconomics of an open economy. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

151      Public Economics. Market failures, role of government in the economy, welfare economics, public choice, government revenues, expenditures and borrowings, impact of government policies. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

161      Industrial Organization. Firm and industry behavior under different market conditions, pricing, product and investment decisions, public policies towards business, business and its environment. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

171      Economics of Agriculture. Agriculture in strategies for economic development, economics of rural institutions, analysis of problems and policies in the agricultural sector. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

181      Labor Economics. Determinants of wage levels and wage structure, employment, productivity, industrial relations, aspects of human capital theory. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

191      Development Economics. Theories and problems of growth and developmental survey of the experience in low-income and high-income countries. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

196      Urban and Regional Economics. Introduction to location theory, the urban economy, regional income theory, regional interdependence. Prereq: Econ 101, Econ 102. 3 u. Meeting type: lecture.

198      Special Topics in Economics. May be taken twice provided that the topics are different.  Prereq: Econ 11. 3 u. Meeting type: lecture.

199      Research Methods. Prereq: Graduating Standing. 3 u. Meeting type: lecture.

200      Thesis. Prereq: Econ 199. 3 u.  Meeting type: undergraduate thesis.

For the General Education and Service Courses, click here.

Program Checklist

BA-BE-Checklist