Gec 107 Module-1
Gec 107 Module-1
NAME :_______________________________________________________________________________________________________________
COURSE & SECTION :_______________________________________________________________________________________________________________
CONTACT NO. :_______________________________________________________________________________________________________________
INSTRUCTOR :_______________________________________________________________________________________________________________
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Republic of the Philippines
COMMISSION ON HIGHER EDUCATION
Higher Education Regional Office VI (HERO VI)
City Government of Bago
BAGO CITY COLLEGE
Rafael Salas Drive, Brgy. Balingasag, Bago City, Negros Occidental 6101
Tel: [034] 4611-363 | Fax: [034] 4610-546 | E-mail: [email protected]
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IV. STUDY SCHEDULE
WEEK TOPIC LEARNING OUTCOMES ACTIVITIES
MODULE 1 The Structure of globalization
LESSON 1 What is Globalization? ACTIVITY:
(WEEK 1) 1. Identified the application of Globalization I. How Globalized is your home?
through video call analysis. ANALYSIS: Guide Questions to be answered for
2. Recognized the significant effects of the activity.
Globalization through T-chart.
3. Classified impact, influence and theories of ABSTRACTION:
globalization through statement analysis. I. Processes Questions
4. Documented a scenario of globalization
observed/ found in the community through APPLICATION:
video presentation. I. Video Presentation
ASSESSMENT:
I. The world made closer
LESSON 2 THE GLOBALIZATION OF WORLD ECONOMICS ACTIVITY:
(WEEK 2-3) 1. Traced the background of international trading I. Making a Timeline
system through making a timeline. II. T-char
2. Distinguished the assumptions of the Bretton ANALYSIS:
Woods System from the Washington Consensus I. Guide questions for activity A and B
through a T-chart. II. Completing a table
3. Discussed the actors that facilitate economic ABSTRACTION:
globalization through a graphic organizer. I. Summary of the topic
4. Presented the background and APPLICATION:
interconnections of a certain global economic I. Short video documentary
institution and how it influenced the ASSESSMENT:
economics in the Philippines through a short I. Writing an essay
video documentary.
5. Written an essay on their stance on global
economic integration.
V. EVALUATION
To pass this course, you must:
1. Read all readings in the modules and answer the pre-assessment and self-assessment activities.
2. Answer the print-based discussion activities.
3. Submit all required outputs in each module.
4. Submit the final project required.
5. Accomplish the mid-term and final evaluation
A. Formative Assessment
You must answer all pre-assessment and self-assessment activities. Your score here will not be part of your
mid-term or final grade: but they will be part of the completion requirement of the course. Thus, you are expected to
complete the pre-assessment and self-assessment activities. These activities will help you determine if you need to
study more or to advance to the next module.
● You can answer the pre-assessment and self-assessment within the scheduled time for each unit. Scheduling
your work time is important.
● In accomplishing the pre-assessment and self-assessment activities you can ask the help of your parents,
siblings, and friends.
B. Summative Assessment
1. Quizzes and Examination.
There will be two quizzes and one examination to be given for this course.
2. Evaluation Activities.
Answer all activities in the evaluation part of each unit. These will be part of your midterm and final
grades. These will help you to be prepared for the quiz after each module.
C. Final Projects.
The final projects you will be submitting are the following: (Module 1 & 2)
● Prepared Business Letters
● Prepared Memoranda
● Prepared Minutes of the Meeting
VI. TECHNOLOGICAL TOOLS
For you to be able to accomplish the activities, you will need the following software Application, MS Word, MS
PowerPoint. These applications are found in your desktop or laptop and you do not need internet connection to use them. You
may also access the google classroom prepared for your class and try to participate in the discussion if the condition will allow
it. At some point you will be needing an internet connection to access the links provided in the various drills and exercises and
in submission of assessments.
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Republic of the Philippines
COMMISSION ON HIGHER EDUCATION
Higher Education Regional Office VI (HERO VI)
City Government of Bago
BAGO CITY COLLEGE
Rafael Salas Drive, Brgy. Balingasag, Bago City, Negros Occidental 6101
Tel: [034] 4611-363 | Fax: [034] 4610-546 | E-mail: [email protected]
LESSON 1
II. ACTIVITY
A. HOW GLOBALIZED IS YOUR HOME?
Go to your room and do an inventory of everything you have in your possession. You will find out that the
most essential among the “things” in your room are footwear, clothes, computers (if any), cell phones, television (if
possible), and maybe a radio. If you are a student, you may also notice books, newspapers, news magazines, not to
mention school supplies and equipment.
Organize your inventory into two types: first, “things” that are made in the Philippines and second, those
that are of foreign brands. List the countries of origin of your foreign-brand items.
Do the same thing for the kitchen and living room. These should include appliances.
Make a similar list for Philippine-made stuff. In the process, discuss why certain products are made in the
Philippines while others are produced abroad.
III. ANALYSIS
Go to www.youtube.com and watch the video in the provided link.
Make sure to get the gist of the story by using the guide questions below:
https://youtu.becom/0AS65clOJA watch the video clip of
A Story: Gio, Latif and the Laksa
What situation illustrates Globalization in terms of the following:
1. Popular Culture
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2. Politics
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3. Communication
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4. Business/economic aspect
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IV. ABSTRACTION
Complete the table given by citing Positive and Negative effects of globalization. (T-chart)
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NEGATIVE POSITIVE
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V. APPLICATION
Video Presentation
Direction: Present a scenario of GLOBALIZATION observed/found in the community supported with documentation. Video
should be three to five minutes only. Post this in our Facebook Group intended only for this subject. Lastly, this is just a
reminder that we should be effective in communicating both in speaking and writing.
VI. ASSESSMENT
Direction: choose an international product then illustrate the flow of globalization that the product undergoes.
Ex. Starbucks, Nike, Adiddas, and etc.
Indicator 9 7 4
INTRODUCTION
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The International Monetary Fund (IMF) regards “economic globalization” as a historical process representing the
result of human innovation and technological progress. It is characterized by the increasing integration of economies around
the world through the movement of goods, services, and capital across borders. These changes are products of people,
organizations, and technologies.
ACTIVITY
A. INTERNATIONAL TRADING SYSTEMS – BACKGROUND OF ECONOMIC GLOBALIZATION
Direction: Fill in the table given to complete the timeline about the background of economic globalization. You may refer to the
reading materials prepared for this lesson or you can use other online sources.
Period Trading System Description
Ancient World Silk Road A network of pathways in the ancient world that spanned from
(130 BCE – 1453 BCE) China to what is now the Middle East and to Europe. The most
profitable products traded through this network was silk. However,
while Silk Road was international, it was not truly global because it
had no ocean routes that could reach the American continent.
The Galleon Trade
Fiat Currencies
ANALYSIS
A. GUIDE QUESTIONS FOR ACTIVITY A & B
1. In Activity A, when did the full economic globalization begin? How did Philippines become central to the history of
economic globalization?
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2. How are the ideas/assumptions of the original Bretton Woods system different from those of the Washington
Consensus?
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ACTORS OF ECONOMIC ITS INFLUENCE/IMPACT
GLOBALIZATION
As the world becomes ever more complex and interconnected, access to information must
play an increasingly central role in life. At the individual level, access to information allows
people to make informed choices—to decide how to vote, to educate themselves on critical
MEDIA health issues, to get the market data they need to sell their products, and ultimately to
participate in the global community. (https://libguides.lub.lu.se/c.php?g=489859&p=3938559)
As important providers of information, the media is more likely to promote better
commercial and industrial performances — especially when producing good-quality reportage
and having a broader reach. The effect that the media has on society and potential economic
partners depend to a large extent on whom they reach (Ambrosio, 2017).
WORLD TRADE
ORGANIZATION – WTO
(International
Governmental
Organizations - IGO’s)
INTERNATIONAL
MONETARY FUND – IMF
(International Economic
and Financial
Organizations)
NON-GOVERNMENTAL
ORGANIZATIONS –
NGO’s
TRANSNATIONAL
CORPORATION – TNC’s
ABSTRACTION
The Bretton Wood System was inaugurated in 1944 during the United Nations Monetary and Financial Conference to
prevent the catastrophes of the early decades of the century from reoccurring and affecting international ties. It was largely
influenced by the ideas of British economist John Maynard Keynes who believed that economic crises occur when a country
does not have enough money, but when money is not being spent and, thereby, not moving. When economies slow down,
governments have to reinvigorate markets with infusions of capital. This active role of governments in managing and spending
served as the anchor for that would be called a system of global Keynesianism.
The Washington Consensus dominated global economic policies from the 1980’s until early 2000’s. Its advocates
pushed for minimal government spending to reduce government debt. They also called for the privatization of
government-controlled services like water, power, communications, and transport, believing that the free market can produce
the best results. Finally, they pressured governments, particularly in the developing world, to reduce tariffs and open up their
economies, arguing that it is the quickest way to progress.
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The actors or forces of economic globalization that are mentioned in this lesson are, but not limited to: a.)
International economic and financial organizations, ex. IMF and World Bank, b.) International Governmental Organizations
(IGOs), ex. World Trade Organization, c.) Non-governmental organization (NGO’s), d.) Transnational Corporations (TNC’s), and
e.) media.
General Agreement on Tariffs and Trade (GATT) was made in the year 1947, that aimed at initiating an international
trade, by liberalizing policies and removing tariffs. It was succeeded by World Trade Organization (WTO), which is a global
organization, that encourages and facilitates inter-country trade and also helps in resolving trade disputes.
ASSESSMENT
Various countries also committed themselves to further global economic integration through the General Agreement on Tariffs
and Trade (GATT). Its main purpose was to reduce tariffs and other hindrances to free trade.
Direction: Read the short article: Localizing the Material included in your reading materials and express your stance on the
global economic integration through an argumentative essay. Write your essay at the back portion of this page.
Reference:
Claudio, L., & Abinales, P. (2018). The Contemporary World. Quezon City: C & E Publishing, Inc., (pp. 12-25)
Online Source:
Global Research Gateway: Global Actors. Retrieved: December 8, 2020.
https://libguides.lub.lu.se/c.php?g=489859&p=3368635
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