The document provides the table of specification for two courses - Applied Economics and Principles of Marketing - for the 3rd quarter.
For Applied Economics, 60% of class time will be spent applying demand and supply concepts, including equilibrium price and quantity, factors affecting demand and supply, and market structures. The remaining 40% will introduce basic economic terms and identify problems in the country. Assessment will include a 50 point test with 40 lower-level and 10 higher-level points.
For Principles of Marketing, topics include marketing principles and strategies, customer relationships and service, and market opportunity analysis. Assessment will be a 60 point test, with 50 lower-level points and 10 higher-level points. Time will be split
The document provides the table of specification for two courses - Applied Economics and Principles of Marketing - for the 3rd quarter.
For Applied Economics, 60% of class time will be spent applying demand and supply concepts, including equilibrium price and quantity, factors affecting demand and supply, and market structures. The remaining 40% will introduce basic economic terms and identify problems in the country. Assessment will include a 50 point test with 40 lower-level and 10 higher-level points.
For Principles of Marketing, topics include marketing principles and strategies, customer relationships and service, and market opportunity analysis. Assessment will be a 60 point test, with 50 lower-level points and 10 higher-level points. Time will be split
The document provides the table of specification for two courses - Applied Economics and Principles of Marketing - for the 3rd quarter.
For Applied Economics, 60% of class time will be spent applying demand and supply concepts, including equilibrium price and quantity, factors affecting demand and supply, and market structures. The remaining 40% will introduce basic economic terms and identify problems in the country. Assessment will include a 50 point test with 40 lower-level and 10 higher-level points.
For Principles of Marketing, topics include marketing principles and strategies, customer relationships and service, and market opportunity analysis. Assessment will be a 60 point test, with 50 lower-level points and 10 higher-level points. Time will be split
Number of Lower Higher Content Competencies Days topic class time test item level level (minutes) on topic a) define basic terms in applied INTRODUCTION TO economics APPLIED 4 480 40% 18 pts 14 pts 4 pts b) identify the basic economic ECONOMICS problems of the country a) explain the law of supply and demand, and how equilibrium price and quantity are determined b) enumerate factors affecting demand and supply c) compare the prices of commodities and analyze the impact on APPLICATION OF consumers DEMAND AND d) define market structures (perfect 6 720 60% 32 pts 26 pts 6 pts SUPPLY competition, monopoly, oligopoly, and monopolistic competition) e) analyze the effects of contemporary issues such as migration, fluctuations in the exchange rate, oil price increases, unemployment, peace and order, etc. on the purchasing power of the people
TOTAL 10 1,200 100% 50 pts 40 pts 10 pts
TABLE OF SPECIFICATION FOR 3RD QUARTER PRINCIPLES OF MARKETING
Time spent on Percent of
Number of Lower Higher Content Competencies Days topic class time test item level level (minutes) on topic a) define and understand marketing b) describe the traditional approaches to MARKETING marketing PRINCIPLES AND 5 480 34.78 % 15 pts 15 pts 0 pts c) discuss the goals of marketing STRATEGIES d) identify and explain contemporary marketing approaches a) define “relationship marketing” CUSTOMER b) explain the value of customers RELATIONSHIP: c) identify and describe “relationship 5 480 34.78 % 20 pts 15 pts 5 pts CUSTOMER development strategies” SERVICE a) distinguish between strategic and marketing planning in terms of objectives and processes MARKET b) analyze the elements of macro-and OPPORTUNITY micro-environment and their influence ANALYSIS AND to marketing planning 4 420 30.44 % 25 pts 20 pts 5 pts CONSUMER c) define marketing research, its ANALYSIS importance to a business enterprise and identify the steps in marketing research d) describe the consumer and business markets