DMC COLLEGE FOUNDATION

SCHOOL OF BUSINESS AND ACCOUNTANCY

BACHELOR OF SCIENCE IN ACCOUNTING TECHNOLOGY
Sta. Filomena, Dipolog City

Course Code TQM

Course Title TOTAL QUALITY MANAGEMENT
Course Credit 3 units
Prerequisite

I.

COURSE DESCRIPTION:
Total Quality Management (TQM) is a customer-oriented philosophy that ensures all members strive to achieve improvement of the organization through
ongoing participation of all employees. Organizations adopting TQM often work out their own definitions, so that the general model is relevant and clear to their
management and employees. This course is designed to provide you with an understanding of TQM principles in order to incorporate them into your organizations
framework. It is essential for supervisors and managers who are responsible for facilitating continuous improvement in their organization.

INSTITUTIONAL LEARNING OBJECTIVES:

By the end of their four-year stay at DMC, students should be able to:

1. Manifest academic excellence through their globally-competitive skills and desirable work ethics.
2. Exemplify the qualities of a graduate who achieves optimum integral human development.
3. Exhibit leadership by developing socially-oriented programs for disadvantaged communities to promote social justice, equity and transformation leading to self-
reliance.
4. Apply their acquired technology-based skills to their chosen field of practice.
5. Demonstrate excellence as active partners in nation-building through research and innovation.
6. Advocate nationalism through athletics, culture and the arts.
ECON. 1 SYLLABUS DMCCF SBA BS

Accountancy/BS Accounting Technology/BSBA

CURRICULAR PROGRAM EDUCATIONAL OBJECTIVES:

1. Demonstrate working knowledge in the areas of financial accounting and reporting, cost accounting and management, management accounting, auditing,
accounting information systems, taxation and accounting research.
2. Appraise ethical problems / issues in practical business and accounting situations and recommend appropriate course of action that adheres to the professional
code of ethics.
3. Employ technology as a business tool in capturing financial and non-financial information, preparing reports and making decisions.

PROGRAM-LEVEL STUDENT LEARNING OUTCOMES:

1- a. Record financial transactions in compliance with generally accepted accounting standards for sole proprietorships, partnerships, corporations, government and
not-for-profit organizations.
1- b. Record financial transactions in compliance with generally accepted accounting standards for sole proprietorships, partnerships, corporations, government and
not-for-profit organizations.
1- c. Prepare general-purpose financial reports in accordance with generally accepted accounting standards.
1- d. Prepare individual and corporate income tax returns and basic tax planning in compliance with relevant legislations and regulations.
1- e. Perform independent audit of financial statements and prepare audit reports and other reports to management.
1- f. Perform cost-benefit analysis for management decisions.
1- g. Design and implement a management control and performance system.
1- h. Communicate effectively the results of financial analysis.

2- a. Recognizing and refraining from either actively or passively subverting the attainment of the organization's legitimate and ethical objectives.
2- b. Recognizing and communicating professional limitations or other constraints that would preclude responsible judgment or successful performance of an activity

3. Evaluate and design an appropriate computer based information systems in organizations such as financial accounting system, performance management and
monitoring system, payroll system and executive information system
 ECON. 1 SYLLABUS DMCCF SBA BS

Accountancy/BS Accounting Technology/BSBA

COURSE-LEVEL STUDENT LEARNING OUTCOMES: At the successful completion of this course, you should be able to:

- Develop strategies to ensure that team members are actively encouraged and supported to participate in decision-making processes and to assume responsibility and
exercise initiative as appropriate;
- Establish systems to ensure that the organizations continuous improvement processes are communicated to all stakeholders;
- Develop effective mentoring and coaching processes to ensure that individuals and teams are able to implement and support the organizations continuous improvement
processes

II.

Expected DMCian Identify Desired Result: By the end of the program, the students are able to:
Graduate Attribute

God Fearing Manifest the spirit of Faith by internalizing and applying the principles of oneness, peace and prosperity through Gospel teachings in any
circumstances regardless of beliefs.

Knowledgeable Inculcate the significance of various learning processes towards attainment of goals to become productive graduate and effective business
administrators or marketing managers.

Socially Strengthen awareness on the significance of social gatherings, meetings, and confrontations to be able to develop acceptance of certain
Responsible responsibilities towards enhancement of public relation with the community they served.

Multi- Enhance and develop the learners potentials by applying the acquired skills and knowledge in achieving the goals of daily undertakings.
talented/Versatile
Committed to Serve Internalize the essence of service to oneself, family, community and the country which are among the significant values of a good business
administrator or marketing manager.

Expected DMCian Graduate Attribute Rubrics

Excellent (4) Proficient (3) Adequate (2) Limited (1) Score

(Socially Responsible)
 ECON. 1 SYLLABUS DMCCF SBA BS

Accountancy/BS Accounting Technology/BSBA

Obedient All group participants were Almost all members of the Some members of the All members were
active and performed the group were participative, group performed their hesitant, disagreeable and
tasks with genuine responsive and showed tasks without punctuality disobedient.
sincerity. acceptance of the tasks. and honesty.

Perceptive Performed the tasks Interpretations of the tasks Reflections and opinions The group performance of
creatively, critically objectives were based on are somehow based on the assigned tasks were
coupled with honesty and the set principles and the courtesy and respect. practically not visible.
sincerity
values of the college.

(Knowledgeable)
Innovative The performance of the The duties and functions Some members displayed Displayed no interest in
assigned tasks was were performed with interest towards the the performance of tasks
genuinely based on strategies and techniques. attainment of the assigned due to its physical
excellent individuals tasks. difficulties.
initiative.
Strategic Displays high level of Capable of establishing Lacks the skills, opinions Incapable of carrying tasks
performance and even methods that are and ideas when confronted as expected due to limited
beyond expectations. beneficial and for the with challenging initiatives.
welfare of all concerned.
circumstances.

(Committed to Serve)
Committed to service for Has displayed high level Performed tasks related to Punctuality does not exist, Total avoidance of
the welfare of DMCians commitment, dedication Public Community irregular appearances performing responsibilities
and service for the safety Services with the occurred, and poor and lacks of self-
and security of every observance of Public services to all concerned confidence in delivering
DMCian. Relation principles. are visible. social responsibility.

III.
GRADING SYSTEM
ECON. 1 SYLLABUS DMCCF SBA BS

Accountancy/BS Accounting Technology/BSBA

Preliminary Grade (PG) Midterm Grade (MG) Pre-final Grade (PFG)/ Finals Grade (FG) Semestral Final Grade (FG)

PRELIM EXAM 40% MIDTERM EXAM 40% PREFINAL EXAM 40% FINA EXAM 40% PG 25%
QUIZZES 25% QUIZZES 25% QUIZZES 25% QUIZZES 25% MG 25%
ORAL RECITATION/ ORAL RECITATION/ ORAL RECITATION/ ORAL RECITATION/ PFG 25%
REPORTING/ REPORTING/ REPORTING/ REPORTING/ FG 25%
REQUIREMENTS 25% REQUIREMENTS 25% REQUIREMENTS 25% REQUIREMENTS 25% FG 100%
ATTENDANCE 10% ATTENDANCE 10% ATTENDANCE 10% ATTENDANCE 10%
100% 100% 100% 100%

Course Objectives, Topics, Time Student Learning Outcomes Assessment Strategies Outcomes-Based
Allotment (SLO) (AS) Assessment/Results/Evidence
(OBARE)

PRELIMINIARY COVERAGE

MODULE 1 : 4 Hours

Chapter 1- ECONOMICS What Its All Students are expected to:

About
1. Definition of Economics
2. The basic task of an Economy
3. The economic way of reasoning
4. Rational Behavior
Read, explain and give example/s 20 item-quiz. Scores are recorded in
1.) describe the mechanism of the each topic. the class record.
economy and the discipline of economics;
2.) understand the concepts of scarcity
and opportunity cost;
3.) discuss major branches of economic
inquiry: microeconomics,
macroeconomics, positive analysis and
normative analysis.
4.) understand the concept of an
economic model and its uses;
5.) explain rational behaviour and
ECON. 1 SYLLABUS
Accountancy/BS Accounting Technology/BSBA
MODULE 2 : 4 Hours
Objectives:
Chapter 2- Introduction to
Macroeconomic Concepts
1. Looking at the Economy from a
Macroeconomic Perspective
2. Measuring Aggregate Output:
Gross Domestic Product
3. The Expenditure AND Income
Components of GDP
4. Economic Activity and Economic
Decisions
MODULE 3 : 4 Hours
Chapter 3- BUSINESS CYCLES,
UNEMPLOYMENT, AND ECONOMIC
DMCCF SBA BS
marginal analysis a method of analyzing
the way we make decisions.
of study.
At the end of the Module, students are
expected to;
1. explain what GDP is, how it can be
viewed as the value added to
intermediate products and how real GDP
differs from nominal GDP.
2.Understand why GDP must equal the
sum of consumption, investment, Read, explain and give example/s 20 item-quiz. Scores are recorded in
government purchases and net exports each topic. the class record.
and how expenditure on the nation;s
output results in income to resource
owners.
3.Explain how the concepts of Gross
National Product, Net National Product,
National Income, Personal Income, and
disposable income can be derived from
GDP.
4.Understand how spending and income
circulate among business firms,
households, and governments and how
international trade affects the economy. Group Report.
At the end of the Module, students are
expected to; Read, explain and give example/s
each topic.
1.) Discuss the business cycle;
ECON. 1 SYLLABUS
Accountancy/BS Accounting Technology/BSBA
GROWTH
1. The Business Cycle
2. Unemployment
3. Economic Growth and Its Sources
MODULE 4 : 4 Hours
Chapter 4- THE PRICE LEVEL AND
INFLATION
1. The price Level and Inflation
2. The Distortions and Costs of Price
Instability
3. How Price Instability Affects the
Performance of the Economy
DMCCF SBA BS
2.) explain how unemployment is
measured and how the unemployment is
measured and how the unemployment
rate can be viewed as the sum of
frictional, structural and cyclical
unemployment.
3. define the concept of full employment
and show how it is related to the natural
rate of unemployment.
4. Explain potential real GDP and the
difficulties involved in estimating it.
5. discuss the social costs of
unemployment and the programs
designed to cushion these costs.
6. Discuss the record and sources of
economic growth in our country.
MIDTERM COVERAGE
At the end of the Module, students are
expected to;
1.) understand how price indexes are
used to measure the price level and
inflation.
2.) deflate nominal income using a price
index to derive real income and know the
distinction between real and nominal
wages;.
3. explain how inflation affects workers,
employers, creditors and debtors;
ECON. 1 SYLLABUS DMCCF SBA BS

Accountancy/BS Accounting Technology/BSBA

4. explain how inflation affects interest

rates and know the distinction between
real and nominal interest rates.;
5. explain how inflation affects economic
decisions and the functioning of the
economy.;

MODULE 5 : 4 Hours At the end of the Module, students are

expected to;
Chapter 5- AGGREGATE DEMAND AND
AGGREGATE SUPPLY 1.) Distinguish an aggregate demand
curve from a market demand curve and
1. Basic Concepts in Supply discuss changes in aggregate demand;
2. Non-Price Determinants In Supply 2.) distinguish an aggregate supply curve
3. Exercises In Supply from a market supply curve and discuss
4. Elasticity of Supply changes in aggregate supply.;
5. Shifts of Supply 3. use aggregate supply and demand
analysis to show how the equilibrium level
of real GDP and the Price level over a
year are determined.;
4. use aggregate supply and demand
analysis to show how changes in
aggregate demand and aggregate supply
affect the equilibrium levels of real GDP
and the price level for a given year and to
explain the causes of recessions,
excessive unemployment and inflation;

MODULE 6 : 4 Hours

Chapter 6- AGGREGATE DEMAND-

AGGREGATE SUPPLY ANALYSIS OF
ECONOMIC FLUCTUATIONS AND
ECON. 1 SYLLABUS
Accountancy/BS Accounting Technology/BSBA
GROWTH
1. Macroeconomic Equilibrium : The
classical Model versus the
Keynesian Model
2. Exchange Rates and
Macroeconomic Equilibrium
3. Macroeconomic Equilibrium in a
Growing Economy
MODULE 7 : 4 Hours
Chapter 7- MONEY, FINANCIAL
DMCCF SBA BS
At the end of the Module, students are
expected to;
1.) understand the classical model of
macroeconomic equilibrium and explain
why self-correction mechanism implied by
the model does not always work quickly
and reliably.;
2.) Discuss the Keynesian Model of
macroeconomic equilibrium and explain
why Keynes thought that the economy
could stagnate in equilibrium at a level of
real GDP well below potential real GDP;.
3. Discuss the process of self-correction
in an overheated economy and explain
how that process results in a wage-price
spiral and period of inflation ;
4. Explain how supply-side shochs affect
the economy and understand the
consequences of a supply-side recession;
SEMI-FINALS COVERAGE
At the end of the Module, students are
expected to;
ECON. 1 SYLLABUS
Accountancy/BS Accounting Technology/BSBA
MARKETS, AND MACROECONOMIC
EQUILIBRIUM
1. What is Money and Its Function
2. Measuring the Stock of Money
3. The Demand for Money
4. The Sock of Money, Money
Demand, and Interest Rates
5. The Need to Understand Changes in
Money Stock
MODULE 8 : 3 Hours
Chapter 8- THE BANKING SYSTEM
1. Banking
2. How Banks Make Loans and
Create Checkable Deposits
3. Multiple Expansion of the Money
Stock for the Entire Banking System
4. Bank Portfolio Management
5. Toward Understanding How The
Money Supply Changes
MODULE 9 : 4 Hours
Chapter 9- STABILIZATION OF THE
DMCCF SBA BS
1.) list the four major functions of money
in the economy;
2.) discuss the major components of the
money stock in an economy, the concept
of near money, and the official measures
of the Philippine money stock;
3.) discuss the determinants of the
demand to hold money.
4.) explain how, given the demand for
money, changes in the available money
stock can affect credit and interest rates
and influence spending decisions and
how, given stock of money, changes in
money demand can affect interest rates.
At the end of the Module, students are
expected to;
1.) discuss the origins of banking and
explain the concept of fractional reserve
banking;
2.) Examine the balance sheets of a bank
and show how the balance sheets are
affected when the bank makes loans;.
3. show how multiple expansion of the
money stock can result from an inflow of
excess reserves into banks and calculate
the reserve multiplier.
4. discuss bank portfolio management
practices.
At the end of the Module, students are
expected to;
ECON. 1 SYLLABUS
Accountancy/BS Accounting Technology/BSBA
ECONOMY THROUGH MONETARY
POLICY
1. Using Fiscal Policy to Influence
Aggregate Demand
2. Automatic Stabilizers and Cyclical
Influences on the Budget Deficit
3. Supply- Side Fiscal Policies
MODULE 10 : 4 Hours
Chapter 10- STABILIZATION OF THE
ECONOMY THROUGH FISCAL POLICY
1. Macroeconomics and
Microeconomics
2. Common Economic Goals
3. Inflation
4. Deflation
5. Labor Force and Unemployment
DMCCF SBA BS
1.) discuss the mechanism through Which
monetary policy affects interest rates
2.) show how an expansionary monetary
policy shifts the economys aggregate
demand curve and affects
macroeconomic equilibrium.
3.) show how a contractionary monetary
policy shifts the economys aggregate
demand curve and affects
macroeconomic equilibrium.
4.) discuss the quantity theory of money
and the possible long-term effects of
monetary policy on the price level.
5.)discuss the basic ideas and
implications of monetarism for monetary
policy.
FINALS COVERAGE
At the end of the Module, students are
expected to;
1.) Explain how expansionary fiscal
policies affect the economy and show
how such policies can be used to
eliminate recessionary GDP gaps.
2.) show how automatic stabilizers
moderate shifts in aggregate demand;.
3. explain how supply-side fiscal policies
can affect the economy in the long run
and assess the effectiveness of recent
supply-side policies;
ECON. 1 SYLLABUS
Accountancy/BS Accounting Technology/BSBA
MODULE 11 : 4 Hours
Chapter 11- BASIC TAXATION
CONCEPTS
1. Concept of Taxation
2. Nature of Taxation
3. Basis of Taxation
4. Importance of Taxation
5. Purposes of Taxation
6. Process of Taxation
7. Principles of a Sound Tax System
8. Scope of the Power of Taxation
9. Certain Doctrines in Taxation
10. Meaning and Characteristics of a
Tax
11. Classification of Taxes
12. Distinction of Taxes From Other
Related Items.
MODULE 12: 4 Hours
Chapter 12- THE ECONOMICS OF
FOREIGN EXCHANGE AND THE
BALANCE OF INTERNATIONAL TRADE
1. Basic Concept in Equilibrium
Analysis
DMCCF SBA BS
At the end of the Module, students are
expected to;
1.) explain in your own words the
concept, nature, and basis of taxation;
2.) summarize in brief the importance,
purpose, process and principles of
taxation and the tax system;.
3. outline the scope and inherent
limitations of taxation;
4. explain in your own words certain
doctrines of taxation;
5. define the term taxation and enumerate
its characteristics in order;
6. distinguish tax from other terms related
to it.
At the end of the Module, students are
expected to;
1.) Understand how international
transactions between the countries of the
world involve the exchange of foreign
currencies ;
2.) use supply and demand analysis to
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Accountancy/BS Accounting Technology/BSBA

2. Exercises on Equilibrium Analysis show how exchange rates of one

currency into another are established in
foreign exchange markets and explain the
causes of currency appreciation and
depreciation;.

IV. COURSE POLICIES

1. Regular attendance is required of all students. Attendance is counted upon the first day of regular classes regardless of the date of the students enrollment.
2. A student who has incurred absences of more than twenty (20%) of the required total number of class hours and laboratory periods in a given time shall be
considered failed.
3. Tardiness beyond twenty (20) minutes is considered an absence. Three late entrances shall be counted as an absence for the purpose of record keeping.
4. A student is considered absent, from class if he/she is not present within the first third fraction of the scheduled class time.

V. REFERENCES:

Prepared by: Noted by: Approved:

EARL RUSSELL S. PAULICAN, REB RACHELL-ANN B. BULJATIN, CPA DR. DINO JOEY CORDOVA
INSTRUCTOR OIC- DEAN SBA VP- ACADEMIC AFFAIRS/DEAN OF INSTRUCTION