Course Title Economic Development
Credit Units 3
Course Description This course provides an in-depth exploration of the process of economic development, focusing on the interplay
between governments, economic policy, and social development. Students will examine the fundamental components
of economic development, such as the role of infrastructure, social inclusion, and policy reforms, while considering
the challenges faced by developing nations. The course integrates real-world examples from various global regions,
including Africa, to highlight the opportunities and risks that influence growth and development. Through critical
analysis and case studies, students will gain an understanding of how policy decisions shape economic outcomes and
how modern tools are being used to address issues like poverty, inequality, and governance.
Institutional Learning Outcomes Program Outcomes Course Outcomes
● Upon completing this course, students ● Students will be equipped to analyze
will demonstrate an understanding of complex economic development By the end of this course, students will be able
the key factors driving economic issues, apply economic theory to to:
development, including the role of practical problems, and understand
● Define economic development and explain its key
government, policy, and social the global dynamics that influence components.
inclusion. They will be able to development outcomes. They will ● Analyze the role of government in fostering
critically assess the impact of possess the skills to evaluate economic development through policy reforms.
● Evaluate the impact of social policies, including
economic and social policies on government policies, their poverty reduction programs, on development
development outcomes and propose effectiveness, and their social outcomes.
solutions for improving economic impacts. Graduates will be prepared ● Examine the challenges of managing natural
resources and their impact on a country’s
conditions in developing nations. for policy analysis, economic development.
Students will also demonstrate the planning, and international ● Understand the political economy of development,
ability to apply economic development careers, contributing to including the role of vested interests and political
leadership in shaping policy decisions.
development theories to real-world sustainable development and poverty ● Propose practical solutions for addressing the key
situations. reduction in various global contexts. challenges faced by developing nations in achieving
sustainable development.
COURSE PLAN
Week Topic Learning Outcomes Methodology Resources Assessment
I-III Overview: ● Understand the Concept of Economic Synchronous Pages 1-29. Recitation and
Development: Students will define
What Is Economic economic development and distinguish class sessions Economic Submission of
Development it from economic growth, emphasizing Development requirements at
the process through which communities
And What Does This create wealth to improve the well-being What Everyone every end of the
Book of their members. Needs to Know. topic.
● Analyze Key Ingredients of
Say About It? Economic Development: Students will 2017
identify and explain the essential
elements of economic development,
Government: One Day, including healthy workers,
they will work for you infrastructure, education, peace, and
social inclusion.
● Evaluate the Feasibility of Reducing
Poverty: Students will critically
examine the factors that make
economic development and poverty
reduction more feasible today, while
considering the associated risks, such
as political instability and
environmental challenges.
● Examine the Role of Government in
Economic Development: Students will
explore why governments intervene in
markets, how decentralization has
impacted development, and why
reforms often fail despite clear
● Analyze Government Failures and
Reforms: Students will identify the
political economy of reforms, focusing
on vested interests and obstacles to
change. They will critically assess how
crises, leadership, and information
technology can disrupt the status quo
and lead to reform.
IV-VII ● Understand Fundamental Economic Synchronous Pages 33-86. Recitation and
Policies: Students will learn about
Economic Policy: The essential economic policies such as class sessions Economic Submission of
macroeconomic stability, fiscal Development requirements at
Basics You’ve Got to discipline, and monetary policy, and
Get Right understand their importance for What Everyone every end of the
national development.
● Evaluate the Impact of Global Needs to Know. topic.
Social Policy: Old War, Economic Trends: Students will assess 2017
how global economic trends, including
New Weapons fiscal policies and international crises,
influence the economic development of
nations.
● Assess the Role of Structural
Reforms: Students will analyze the
significance of structural reforms in the
development process, such as tax
reforms, trade policies, and financial
regulations.
● Evaluate the Effectiveness of Social
Policies: Students will explore the role
of social policies, such as poverty
reduction programs, healthcare, and
education, in achieving inclusive
economic development.
● Understand the Global Challenges of
Inequality: Students will analyze how
inequality impacts social and economic
development, with a focus on the
challenges posed by gender inequality,
access to education, and the
socio-economic divide.
VIII-XI ● Examine the Concept of Inclusion in Synchronous Pages 89-157. Recitation and
Economic Development: Students will
I Inclusion: Those Who critically assess who is often left behind class sessions Economic Submission of
in the development process and the Development requirements at
Are Always Left importance of ensuring inclusive
policies to achieve sustainable What Everyone every end of the
Behind development. Needs to Know. topic.
● Analyze the Role of Gender and
Social Identity: Students will evaluate 2017
how globalization and economic
policies impact different social groups,
Sectors: What Ministers particularly women and marginalized
communities.
Will Worry about—or ● Propose Policies for Promoting Social
Inclusion: Students will propose
Should 1 strategies and policies aimed at
promoting social inclusion, especially
for vulnerable groups such as women,
the poor, and informal workers.
● Understand Key Sectors in Economic
Development: Students will explore
the critical sectors that governments
must address for economic growth,
including infrastructure, technology,
health, education, and foreign
investment.
● Analyze the Role of Innovation and
Technology: Students will assess how
technological advancements and
innovation can drive economic growth
and help overcome development
challenges.
● Evaluate the Sustainability of
Economic Growth: Students will
critically examine the balance between
economic growth and environmental
sustainability, considering the
implications of green growth policies.
XIII Africa: The Last ● Examine Africa’s Development Synchronous Pages 161-194. Recitation and
Challenges: Students will analyze the
Frontier specific challenges faced by African class sessions Economic Submission of
countries, including conflict, Development requirements at
governance issues, and dependency on
natural resources. What Everyone every end of the
● Evaluate Africa’s Economic Needs to Know. topic.
Potential: Students will assess Africa’s
potential for economic growth, 2017
focusing on its natural resources,
agricultural sector, and demographic
trends.
● Understand Africa’s Position in
Global Development: Students will
explore Africa’s place in the global
economy and the strategies needed to
ensure the continent's successful
integration into the global market.
FINAL EXAMINATION
The final requirement are the timely submission of all Integration Activities set for this course. The assessment
of turn-ins will be based on the substantial compliance and acceptable quality of
the outputs. Haphazard and poor-quality turn-ins will be returned to the student for rectification and revision,
the revision process will commence upon the last day of the submission date and until
Final Requirements the last day of grades encoding. A merit point will be given to students who submitted turn-ins with outstanding
quality, while a demerit point will be given to students who submit poor-quality
outputs. Accepted papers will be complied with according to the topic and will be submitted to the Office of the
Program Adviser for future research references.
REQUIRED READINGS AND REFERENCES
Economic Development
GRADING SYSTEM
Recitation 15%
Activity/Quizzes 15%
Attendance 5%
Project Group Activity 15%
Examination 50%
Preliminary Examination (5%)
Midterm Examination (10%)
Semi-Finals Examination(5%)
Final Examination (20%)
Total 100%
COURSE REQUIREMENT
● Quizzes
● Major Examinations
● Reporting
● Class Participation and Group Activities
● Project
● Case Studies
Student Assessment
Students will be assessed based on their alternative class interaction performances which include the following:
1. Participation in class discussions during synchronous sessions
2. Timely submission of all integration activities
3. There will be (4) major examinations for the whole term: The Preliminary Examination, Midterm Examination, Semi-Finals
Examination, and Final Examination
CLASSROOM POLICY
● Honesty above all
● Respect and courtesy class attendance is mandatory.
● Come to class prepared by reading the assignment and cases in advance.
● All words, phrases, and topics found in the outline must be researched and will be covered during recitation.
● Prescribed Daily Uniform with Identification Card must be worn at all times during class hours.
● Attendance will be strictly monitored.
● Prompt Submission of all Requirements is a must. Use of Mobile Phones for Text Messaging and Calls is not allowed at all
times during class hours unless ordered by the instructor.
CONSULTATION TIME
Consultation hours are every Saturday from 9:00 AM to 12:00 PM or through my email at
aaronjosephdeleon180@[Link]
Follow the format below as a subject line on your email.
LAST NAME, FIRST NAME- PROGRAM- CONSULTATION CALL
Prepared by:
Aaron Joseph de Leon
Part-Time Faculty Member
Reviewed by:
Regan Legaspi, LPT
Bachelor of Science in Accountancy Program Head