ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page

INC. L1 Economic Development 3 2023 - 2024 1

Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Vision
A 21st century university transforming a global network of learners for enlightenment, leadership and human service.
Mission Core Values
Aldersgate College was established to develop the power of reason, to liberate people  Academic Excellence
from ignorance, penury and hopelessness, and to empower them to commence their  Social Relevance
own journey for social and economic transformation and spiritual salvation.  Spiritual Nurturance
Institutional Goals & Objectives
1. Educate individuals to think and act as ethical leaders who are spiritually awakened, morally upright and responsible citizens in the global community.
2. Inculcate critical and innovative thinking, technological fluency, multi-cultural skills, and responsible citizenship within the global community.
3. Deliver affordable, flexible and collaborative educational programs using systems and resources that comply with international standards of quality, professional licensure
and practice.
4. Offer career pathways and migration channels through a network of transnational institutions, professional guilds and agencies.
Program Vision Program Mission
The Accountancy Program envisions itself as a preferred learning center in The Accountancy Program shall become the preferred learning center of accountancy
accountancy, nurturing personal and professional growth by preparing its students for that provides general accounting education to students to pursue a professional career
careers in accounting and becoming contributors in the local, national, and international in Accountancy in general and in Public Accounting in particular.
business, professional and academic sectors.
Program Educational Objectives Program Outcomes
The Bachelor of Science in Accountancy program aims to: At the end of the program, students will be able to:
1. To equip students with proper understanding and awareness of self as an 1. Perform basic functions of entry level bookkeeping /accounting positions;
individual, member of a family, community, and the world with emphasis on his 2. Apply related accounting knowledge such as taxations, payroll auditing in
rights as well as his physical, and cultural environment. performing accounting work;
2. To provide students with a broad-based general education, which will assist them 3. Aware of ethical issues facing the profession and the value of a responsible
in developing their intellectual, interpersonal and communication skills. citizen;
3. To produce competent and ethical professionals capable of making a positive 4. Evaluate, analyze and synthesize information and ideas in order to construct
contribution over their lifetimes to the profession and society in which they work. informed, meaningful, and justifiable conclusions;
(CHED Memo Order No. 27, Series of 2017). 5. Critically examine the relationship between self, community, and/or
4. To provide students a foundation of professional knowledge, professional skills environments, and to evaluate and articulate potential impacts and
and professional values, ethics and attitudes that will enable them to continue to consequences of choices, actions, and contributions for the creation of
learn and adapt to change throughout their professional lives. (CHED sustainable systems;
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 2
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Memorandum Order No. 27, Series of 2017). 6. Seek, find, evaluate and use information and employ information technology to
5. To prepare students for the CPA licensure examination and for an Accountancy engage in lifelong learning;
career in the public and private sectors. 7. Exchange messages in a variety of contexts using multiple methods;
6. Strengthen the spiritual formation of students so that they will accept Christ as 8. Demonstrate knowledge of diverse ideas, cultures and experiences, and
their own personal Lord and Savior. develop the ability to examine their own attitudes and assumptions in order to
7. Develop people-loving behavior, nurtured in the code of human relations, understand and work with others who differ from themselves.
empathy, integrity and genuineness.
Course Description Course Outcomes (General Objectives) Instructor’s Information
This course delves into essential economic concepts and their Students are expected to be able to: Name: Roel P. Dolmayan Jr., CPA,
practical applications, systematically assessing the rationality of  Demonstrate a profound understanding of economic theory MDM
these principles to serve as a foundational framework for informed and proficiency in standard research methods. Contact Number: 09357602482
policymaking in both the private and public sectors. Emphasizing  Effectively diagnose economic challenges using appropriate Consultation Hours: 1 PM to 3 PM
key facets of economic development, it serves as a crucial theories and methodologies. Saturday
precursor to more advanced economic studies and policy decisions.  Master the art of articulating economic arguments and Office: College of Business,
The curriculum meticulously explores the interconnectedness communicating research findings with clarity. Management and Accountancy
between local economic concerns and the global market, shedding  Cultivate a sense of good citizenship, emphasizing social
light on the factors influencing economic development, including responsibility.
agriculture, construction, manufacturing, mining, public  Uphold high ethical standards in the formulation, analysis,
administration, services, transport, and utilities. Throughout the and interpretation of economic data and results, ensuring
duration of the course, these critical components are integrity and credibility.
comprehensively analyzed, providing students with a nuanced
understanding of their role in shaping economic landscapes.

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At the end of the orientation, Orientation, introduction, • Lecture • Discussion/oral / School website: www.aldersgate-
the students are able: and understanding of the • Teacher-led discussion recitation of the college.com
• Internalize the vision, Vision, Mission, Goals, and • Individual sharing and Vision, Mission,
mission, goals, and core Objectives of the school. discussion Goals, and
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 3
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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values of the school. Objectives of
• Exemplify the role of the school
Aldersgate College in • Getting
their lives. students’
• Explain the significance expectations or
of attending school for aspirations to
future career the subject and
development. relating it to this
• Observance of school’s course
rules and regulations
• Comprehend the course
description,
requirements, and
grading system.
Introduce themselves and
their career aspirations.
1. Describe the fundamental Chapter 1: Economic • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
concepts of economic Growth and Development • Assignment: East Asian • Individual & Economic Growth and
growth and development. • Economic Growth Miracle Group Activity Development. In Economic
2. Discuss the intricate • Productivity • Exercises • Quiz Development (1st ed., pp. 1-22).
relationship between • O-Ring Theory of - Word scramble
economic growth and Development - Word search
public policy. • Solow Model - Crossword puzzle
3. Explain the determinants • Economic Development • Reflective discussion
of productivity, a pivotal in the Philippines
factor influencing • Economic Growth and
economic growth and the World
development. • Rule of 70
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 4
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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4. Critically assess the O-
Ring theory of production
and development.
5. Evaluate the Solow
model of long-term
economic growth.
6. Engage in a
comprehensive discourse
on the economic
development of a
country.
7. Provide an explanation of
the global targets for
economic growth and
development.
8. Utilize the rule of 70 for
estimating the growth of
any nature.
9. Discuss the pivotal role of
industrial production and
trade in East Asian
economic growth and
development.
10. Gain an appreciation for
BGC's perspective on
ASEAN economic
development.
1. Poverty and Inequality Chapter 2: Poverty and • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 5
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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Differentiation: Clearly Inequality • Activity and assignment • Individual Economic Growth and
differentiate between • Absolute and Relative • Exercises Activity Development. In Economic
absolute and relative Poverty • Reflective discussion • Quiz Development (1st ed., pp. 25-41).
poverty or inequality. • Poverty and the World
2. Global Perspective on • Measuring Poverty Online:
Poverty and Inequality: - Poverty Rate https://ocw.mit.edu/courses/14-
Engage in a • Poverty Incidence 452-economic-growth-fall-2016/pa
comprehensive - The Lorenz Curve ges/lecture-notes/
discussion on poverty • Poverty Trap
and inequality on a global • Poverty Reduction
scale. - Cash Transfers
3. Measurement of Poverty: - In-Kind Transfers
Develop an - Minimum-Wage Law
understanding of the - Adjust Tax Code
various methods used in - Social Development
the measurement of
poverty, considering
associated issues and
variables.
4. Appreciation of Poverty
Incidence: Analyze
poverty incidence
through tools such as the
Lorenz curve, gaining a
deeper appreciation for
economic disparities.
5. Examination of Poverty
Trap: Explore the
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 6
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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concept of a poverty trap
and the diverse effects
resulting from
combinations of work and
government support.
6. Strategies for Poverty
Reduction: Realize and
assess different
approaches to poverty
reduction, considering
their efficacy.
7. Global Targets for
Poverty Alleviation:
Explain the international
targets set by the world
community for poverty
alleviation and
eradication.
8. Recommendations for
Eradication: Propose and
justify concrete steps to
eradicate poverty,
emphasizing their
contribution to overall
economic development.
9. Operational
Understanding: Gain a
thorough understanding
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 7
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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of poverty eradication
measures in action,
exploring real-world
examples and their
impact on economic
development.
1. GDP Significance: Chapter 3: A Nation’s • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
Explain the importance of Wealth • Activity and assignment • Individual Economic Growth and
Gross Domestic Product • Gross Domestic Product • Exercises Activity Development. In Economic
(GDP) as a metric for • Components of GDP • Reflective discussion • Quiz Development (1st ed., pp. 44-63).
gauging economic growth • Approaches in GDP
and development. Calculation Boardman, A. E., Greenberg, D.
2. GDP Computation • Uses of GDP H., Milligan, K. S., & Vining, A. R.
Approaches: Contrast the • Real vs Nominal GDP (2023). Economics in action:
production and • GDP Deflator Using data to build your
expenditure methods of • GDP Per Capita understanding (10th ed.)
computing GDP. • Other Measurements of
3. GDP Uses and a Nation’s Wealth
Implications: Evaluate the - GNP
uses of GDP and its - NNP
implications on economic - NR
growth and development, - PR
considering both - DPR
strengths and limitations. - GNH
4. Real vs. Nominal GDP: - GPI
Differentiate and assess
real and nominal GDP,
defining GDP deflator and
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 8
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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GDP per capita.
5. Application of GDP Data:
Apply GDP data to
enhance understanding of
economic growth and
development, showcasing
the practical utility of GDP
figures.
6. Alternative
Measurements: Discuss
alternative measurements
beyond GDP for
evaluating a nation's
income or wealth.
1. Basket of Goods and Chapter 4: Cost of Living • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
Services: Discuss the • Basket of Goods and • Activity and assignment • Individual Economic Growth and
composition of the basket Services • Exercises Activity Development. In Economic
of goods and services in • Consumer Price Index • Reflective discussion • Quiz Development (1st ed., pp. 66-86).
a country, emphasizing (CPI)
its role in economic • Inflation Online Website:
measurement. • Economic Crashes https://data.worldbank.org/
2. Consumer Price Index - Hyperinflation
(CPI) and Inflation Rate: - Depression
Evaluate the concept of - Recession
the Consumer Price - Stagflation
Index (CPI) and its • Cost of Living Allowance
relationship with the • Standard of Living
inflation rate, highlighting • ASEAN in Numbers
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 9
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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its significance in tracking • Lorenz Curve and the
changes in the cost of Gini Index
living. • Inequality and the World
3. Different Economic
Crashes: Differentiate
economic crashes such
as hyperinflation,
depression, recession,
and stagflation, outlining
their distinct
characteristics and
implications.
4. Cost of Living Allowance
(COLA): Define Cost of
Living Allowance (COLA)
and elucidate its role in
mitigating the impact of
inflation on individuals'
purchasing power.
5. Standard of Living and
Economic Development:
Determine the meaning
of the standard of living in
the context of economic
development, exploring
its multifaceted
dimensions.
6. Cost of Living in ASEAN:
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 10
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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Appreciate the cost of
living in the ASEAN
region to gain insights
into its economic growth
and development
dynamics.
7. Lorenz Curve and Gini
Coefficient: Apply the
Lorenz curve and Gini
Coefficient to explain the
extent of inequality as a
measure of the standard
of living in a country.
8. Global Targets for
Inequality Reduction:
Explain the United
Nations' targets for
reducing inequality within
and among countries,
emphasizing global
goals.
9. Comparison of Cost of
Living in Southeast Asia:
Conduct a comparative
analysis of the cost of
living in Southeast Asia
using a worksheet.
10. Government Employee
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 11
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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Perspective on Cost of
Living: Understand the
application of the cost of
living from the viewpoint
of a government
employee, considering its
implications for financial
well-being.
PRELIMINARY EXAMINATION
1. Agricultural Chapter 5: Agriculture and • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
Modernization Impact: Rural Development • Activity and assignment • Individual Economic Growth and
Examine how • Modernization and • Exercises Activity Development. In Economic
modernizing and Industrialization of • Reflective discussion • Quiz Development (1st ed., pp. 88-
industrializing agriculture Agriculture 111).
contributes to economic • Export Promotion
growth and development. • Infrastructure
2. Export Promotion Development
Significance: Elaborate • Genetically Modified
on the importance of Organisms (GMO)
export promotion in • Green Revolution
international trade and its • Sustainable Agriculture
implications for economic • Ocean, Seas and
development. Marine Resources Eco-
3. Agricultural Infrastructure tourism
and High-Value Crops: - Costs and Benefits
List crucial infrastructure
developments in
agriculture and highlight
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 12
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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high-value crops
essential for economic
growth.
4. Global Targets for
Sustainable Agriculture:
Explain global goals for
sustainable agriculture,
aiming to end hunger,
achieve food security,
and improve nutrition.
5. Marine Resources in
Rural Development:
Explore the value of
oceans, seas, and
marine resources as
inputs for rural
development.
6. Eco-Tourism and Rural
Development: Discuss
the relationship and
implications of eco-
tourism for rural
development.

1. Industrialization's Role in Chapter 6: • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).

Economic Growth: Industrialization • Activity and assignment • Individual Economic Growth and
Discuss how • The First Industrial • Exercises Activity Development. In Economic
industrialization Revolution • Reflective discussion • Quiz Development (1st ed., pp. 113-
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 13
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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contributes to economic • The Second Industrial 132).
growth and development. Revolution
2. First Industrial Revolution • The Third Industrial
Contributions: Appreciate Revolution
the contributions of the • The Fourth Industrial
first industrial revolution Revolution
as a catalyst for the • The Modes of
current state of the world Industrialization
economy. - Mercantilism
3. Comparative Impact of - Protectionism
First and Second - Laissez-faire
Industrial Revolutions: - Importation
Compare the influences - Exportation
of the first and second • Costs of Industrialization
industrial revolutions on • Deindustrialization
entrepreneurship, • Urbanization and the
financial systems, and World
international trade.
4. Innovations in the Third
Industrial Revolution:
Explore innovations in
the third industrial
revolution, focusing on
the application of total
quality management for
economic development.
5. Contributions and
Implications of the Fourth
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 14
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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Industrial Revolution:
Elaborate on the
contributions, benefits,
and costs of the fourth
industrial revolution to
today's economic growth
and development.
6. Modes of Industrialization
and Associated Costs:
Identify various modes of
industrialization and
discuss the costs
associated with the
industrialization process.
7. Sustainable Cities and
Human Settlements
Targets: Explain global
targets for sustainable
cities and human
settlements, considering
them as factors of
industrialization and
metrics for economic
growth and development.
1. Labor Market Equilibrium Chapter 7: Labor Markets • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
Dynamics: Evaluate the • Demand for Labor • Activity and assignment • Individual Economic Growth and
demand and supply for • Supply of Labor • Exercises Activity Development. In Economic
labor and analyze the • Demand and Supply for • Reflective discussion • Quiz Development (1st ed., pp. 136-
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 15
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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implications for achieving Labor 155).
labor market equilibrium. • Labor Demand Shift
2. Associations in Labor • Labor Supply Shift
Market Equilibrium: • Individual Earnings and
Discuss the intricate Wages
connections within the - Minimum Wage
state of labor market • International
equilibrium, including Immigration
shifts in demand and • Labor Market
supply curves. Discrimination
3. Individual Earnings and • Human Development
Wages: Elaborate on Index
individual earning and
wages, with a special
focus on the complexities
surrounding minimum
wage considerations.
4. International Immigration
Impact: Illustrate the
benefits and costs of
international immigration,
highlighting its
implications for economic
growth and development.
5. Labor Market
Discrimination: Evaluate
the phenomenon of labor
market discrimination and
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 16
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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its effects on market
efficiency.
6. Human Development
Index (HDI): Discuss the
metric of the Human
Development Index (HDI)
in the context of
economic growth and
development.
MIDTERM EXAMINATION
1. Financial System's Role Chapter 8: Financial • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
in Economic Growth: Systems • Activity and assignment • Individual Economic Growth and
Clarify the concept of a • Financial and Real • Exercises Activity Development. In Economic
financial system and Assets • Reflective discussion • Quiz Development (1st ed., pp. 157-
elucidate its integral • Financial Institutions 173).
connection to economic • Financial Systems in
growth and development. Economic Development
2. Components of Financial - Flourish Savings
Systems: Elaborate on and Investment
financial institutions, Relationship
financial assets, real Develop Labor and
assets, portfolio Employment
management, and the - Growth in Capital
key players within these and Securities
institutions. Market
3. Contributions of Financial - Trade Development
Systems: Evaluate the - Infrastructure and
specific contributions Technology
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 17
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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made by financial Development
systems to the process of -
Uphold Fiscal
economic development. Policy
4. Professional Insights on - Attract Foreign
Financial Systems: Gain Investment
valuable insights into the - Foster Economic
workings of financial Integration
systems from the - Balance Regional
perspective of a Development
professional specializing - Sustain
in financial planning and Macroeconomic
analysis. Balance
1. Finance's Role in Chapter 9: Finance and • Lecture • Recitation / Textbook: Cabudol, E. G. (2022).
Development: Develop Development • Activity and assignment • Individual Economic Growth and
an appreciation for the • Role of Finance • Exercises Activity Development. In Economic
pivotal role finance plays • Finance and • Reflective discussion • Quiz Development (1st ed., pp. 176-
in fostering economic Governance 189).
development. • Microfinance
2. Application of Good • Microcredit Online Website:
Governance in the • Microsavings https://news.climate.columbia.edu/
Philippines: Gain an • • Islamic Finance 2020/04/17/role-finance-
understanding of the achieving-sustainability/
practical application of
good governance
principles in the context
of the Philippines.
3. Microfinance and
Economic Growth:
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 18
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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Explain the concept of
microfinance and its
direct relationship to the
economic growth of a
country.
4. Microcredit Access for
the Poor: Discuss the
significance of
microcredit, particularly
its accessibility to the
impoverished segments
of the population.
5. Microsavings and Local
Community Impact:
Explore the concept of
microsavings, its
application within local
communities, and its
contribution to the overall
economic growth of the
country.
6. Islamic Finance and
Philippine Economic
Growth: Describe Islamic
finance and examine its
relevance to the
economic growth of the
Philippines.
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 19
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

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1. Foreign Trade and Chapter 10: Foreign Trade • Group Discussion/lecture • Group and / Textbook: Cabudol, E. G. (2022).
Economic Growth: • History of Foreign Trade • Table research and Individual Economic Growth and
Clearly define foreign - Balance of Trade assessment Activity and Development. In Economic
trade and explore its - Comparative • Activity and assignment Assignment Development (1st ed., pp. 193-
integral relationship to Advantage • Exercises • Quiz 211).
both economic growth • Concepts of Foreign • Reflective discussion
and development. Trade
2. History and Concepts of • Benefits of Foreign
International Trade: Trade
Discuss the historical • Risks of Foreign Trade
context and foundational • Effects of Foreign Trade
concepts that underpin - World Price
international trade. - Tariff
3. Benefits of Foreign • Trading in the ASEAN
Trade: Explain the • Asian Trading of the
various benefits that Philippines
foreign trade brings to the • Philippines’ Bilateral and
table in terms of Multilateral Agreements
economic growth and in Asia
development.
4. Risks in Foreign Trade
for Private Firms:
Enumerate the risks
associated with foreign
trade, specifically
focusing on their impact
on private firms.
5. Effects of Foreign Trade
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 20
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Intended Learning Online Resources

Course Content/ Teaching-Learning Assessment Offlin
Outcomes F2F (Sync/
Subject Matter Activities Tasks e
(ILO) Async)
on Market Equilibrium:
Elaborate on how foreign
trade influences market
equilibrium, particularly
with the introduction of a
world price.
6. Foreign Trading in Asia
and ASEAN: Discuss the
dynamics of foreign
trading in Asia and the
ASEAN region,
emphasizing its role in
regional economic growth
and development.
7. Article Analysis - Trade in
Goods Outlook in Asia
and the Pacific 2020:
Examine the article
through an economic
lens, delving into its
insights on trade
dynamics in Asia and the
Pacific.
8. Recommendations for
Improved Foreign
Trade**: Propose
practical steps to
enhance the country's
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 21
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Intended Learning Online Resources

Course Content/ Teaching-Learning Assessment Offlin
Outcomes F2F (Sync/
Subject Matter Activities Tasks e
(ILO) Async)
foreign trade for the
purpose of economic
development.
9. Professional Insights on
Foreign Trade**: Gain a
deeper understanding of
foreign trade from the
perspective of a
professional actively
engaged in the field.
1. Foreign Direct Chapter 11: Foreign Direct • Group Discussion/lecture • Group and / Textbook: Cabudol, E. G. (2022).
Investment (FDI) Investment • Table research and Individual Economic Growth and
Overview: Delve into the • Basic Concepts assessment Activity and Development. In Economic
intricacies of Foreign • Forms and Types • Activity and assignment Assignment Development (1st ed., pp. 214-
Direct Investment (FDI), • Advantages and • Exercises • Quiz 226).
exploring its various Disadvantages • Reflective discussion
forms and types. • Pragmatic Approach to
2. Advantages and FDI
Disadvantages of FDI: • FDI in the Philippines
Contrast the positive • ASEAN FDI
aspects with the
drawbacks of Foreign
Direct Investments to
provide a comprehensive
understanding.
3. Pragmatic Approach to
FDI: Simplify the practical
approach to FDI, making
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 22
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Intended Learning Online Resources

Course Content/ Teaching-Learning Assessment Offlin
Outcomes F2F (Sync/
Subject Matter Activities Tasks e
(ILO) Async)
the complex concept
more accessible.
4. Impacts of FDI on the
Country and ASEAN
Bloc: Elaborate on the
far-reaching impacts of
FDI on a country's
economic landscape and
its role within the ASEAN
economic bloc.
5. Infographic on FDI from
an Economist's
Perspective: Create a
visually engaging
infographic that presents
key insights on Foreign
Direct Investment
through the lens of an
economist.
6. FDI-MNC Implications for
Economic Development:
Appreciate the
implications of Foreign
Direct Investment from
Multi-National
Corporations (MNCs) on
a country's economic
development.
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 23
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Intended Learning Online Resources

Course Content/ Teaching-Learning Assessment Offlin
Outcomes F2F (Sync/
Subject Matter Activities Tasks e
(ILO) Async)
FINAL EXAMINATION

References Grading Policy Requirements Dean’s Information

Other Resource Quizzes 30% • Quizzes Kristian Cesar C. Ollier, LPT, MBA
Cabudol, E. G. (2022). Economic Development (1st Periodic 50% • Activities & Assignments OIC Dean, College of Business,
ed.). Manila, Philippines: Rex Book Store. Examinations 20% • Major Examinations Management and Accountancy
Requirements 100%
Online Resources Total
Boardman, A. E., Greenberg, D. H., Milligan, K. S., &
Vining, A. R. (2023). Economics in action: Using
data to build your understanding (10th ed.). W. W.
Norton & Company.

DeFrancia, K. (2020, April 17). The role of finance in

achieving sustainability. State of the Planet.
Columbia University Climate School. Retrieved
from
https://news.climate.columbia.edu/2020/04/17/role
-finance-achieving-sustainability/

MIT OpenCourseWare. (2016). Economic Growth.

Retrieved from https://ocw.mit.edu/courses/14-
452-economic-growth-fall-2016/pages/lecture-
notes/

The World Bank. (n.d.). World Development Indicators.

https://data.worldbank.org/
 ALDERSGATE COLLEGE Course Code Descriptive Title Prerequisite Credit Unit First Semester Page
INC. L1 Economic Development 3 2023 - 2024 24
Solano, Nueva Vizcaya, Philippines 3709
Contact No: +63
E-mail: [email protected]
Website: aldersgate.edu.ph

Prepared by:

Roel P. Dolmayan Jr., CPA, MDM Marilyn C. Acob, CPA

Adjunct Professors/Part-Time Instructor OIC – Accountancy and Financial Management Cluster
Recommending approval:

Kristian Cesar C. Ollier, LPT, MBA Charline G. Barut, RL Debora B. Sampaga, LPT, MAED
Dean Chief Librarian Director, Curriculum & Instruction
Approved by:

Marissa J. Taguinod, EdD

Vice President for Academic Affairs