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This document provides information on Module 3 of an online learning module titled "AE 108 Economic Development". The module objectives are to identify macroeconomic policy, understand monetary and fiscal policy differences, differentiate gross national product and gross domestic product, and know different approaches to national income accounts. The module structure covers monetary policy, fiscal policy, gross national product, gross domestic product, and approaches to calculating GNP. Exercises include searching for GNP data from 2016-2019 and answering questions. Students must receive a minimum 75% score on assessments to pass, which include reactions, examples, and originality. The estimated time to complete the module is 45 minutes.

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Josiah Samuel Espana
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58 views2 pages

Quality Form: COLLEGE OF

This document provides information on Module 3 of an online learning module titled "AE 108 Economic Development". The module objectives are to identify macroeconomic policy, understand monetary and fiscal policy differences, differentiate gross national product and gross domestic product, and know different approaches to national income accounts. The module structure covers monetary policy, fiscal policy, gross national product, gross domestic product, and approaches to calculating GNP. Exercises include searching for GNP data from 2016-2019 and answering questions. Students must receive a minimum 75% score on assessments to pass, which include reactions, examples, and originality. The estimated time to complete the module is 45 minutes.

Uploaded by

Josiah Samuel Espana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Document Code: CAS-F-SOLMT

MANUEL S. ENVERGA UNIVERSITY FOUNDATION


Lucena City Document Title: Synchronous Online Learning Module
An Autonomous University Template
Page No.: Page 1 of 2
COLLEGE OF ___________________ Revision No.: 1
Effectivity Date: August 2020
QUALITY FORM Prepared by: Dean
Reviewed by: QMR
Approved by: President

Module 3
Title of the Module AE 108 Economic Development

Module Objective/s 1) Identify the Macroeconomic Policy.

2) Understand the difference between Monetary and Fiscal Policy.

3) Differentiate Gross National Product and Gross Domestic Product.

4) Know the different approaches to National Income Accounts.

Learning Outcome/s 1) Describe the importance of Macroeconomic Policy.

2) Explain the difference between Monetary and Fiscal Policy.

3) Analyze the effect of the objective of Monetary Policy and the tools
of Fiscal Policy.

4) Distinguish the different approaches used in solving GNP.

Structure ⮚ Meaning of Monetary Policy


⮚ Types of Macroeconomic: Monetary Policy and Fiscal Policy
⮚ Gross National Product: Net Factor Income from Abroad
⮚ Gross Domestic Product: Consumption Goods, Investment Goods,
Government Expenditure, Net Expert
⮚ Expenditure Approach to GNP
⮚ Value Added Approach to GNP
⮚ Income Approach to GNP

Exercises/Activities Individual Work

A. Search for the GNP for the Year 2016-2019

GNP 2016-

2017-

2018-

2019-
Document Code: CAS-F-SOLMT
MANUEL S. ENVERGA UNIVERSITY FOUNDATION
Lucena City Document Title: Synchronous Online Learning Module
An Autonomous University Template
Page No.: Page 2 of 2
COLLEGE OF ___________________ Revision No.: 1
Effectivity Date: August 2020
QUALITY FORM Prepared by: Dean
Reviewed by: QMR
Approved by: President

Answer the following questions:

1. What do GNP account show?

2. How would you rate the country’s economic standing?

3. What are the weaknesses of the GNP/ OOP as an indicator of growth and
development?

Assessment 75% passing grade ( Rubrics Aided )

Presentation of reactions or opinions - 20%

Illustration of Example - 15%

Originality - 15%

Time needed to complete 45 minutes

Note: Recommended maximum length for a piece of interactive online content is 45 minutes. The length
of the interactive online content can be longer depending on the student cohort. Even with motivated
post-graduate students a single module/piece of interactive content should not take more than 45
minutes to complete.

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