COLLEGE OF BUSINESS

Bachelor of Science in Accounting Information System

COURSE SYLLABUS

The ICT-ED College of Business is committed to produce graduates who:

1. Demonstrate understanding of business concepts and principles such as, but not limited to economics,
marketing and management;
2. Think critically, communicate effectively and act decisively, imbued with business ethics and the values
of social entrepreneurship;
3. Manifest teamwork and collaborative skills in formulating and carrying out solutions to domestic and
international business issues;
4. Utilize research and updated technology in partnership with internal and external stakeholders to bring
about innovation in the dynamic global market; and
5. Promote human welfare and dignity alongside sustaining a prosperous world economy.

ECO1 – ECONOMIC DEVELOPMENT

Prerequisite : NONE
Type of Course : Lecture
Units :

1. Course Description:

The aim of the course is provide students with an understanding of the immense and varied economic
challenges facing the world’s impoverished and developing economies in general, and what practical and
effective policies can be implemented to address these challenges.

2. Learning Outcomes:

By the end of this course, students should be able to:

LO1. To explain and apply key development economic growth theories, international trade development
theories, and related economic development theories.
LO2. To analyze and describe the features of less developed economies and the macroeconomic and
microeconomic development challenges they face.
LO3. To analyze and describe significant policy options available to government and international
organization to address economic development challenges.
LO4. To develop analytical and critical thinking skills and use them to judge the appropriateness of
economic development policy options.
LO5. To identify and appraise economic development policy failures, and suggest adjustments or
alternatives.
LO6. To develop research skills and skills in persuasive oral and written argument, including: data
collection; interpretation by way of analytical commentary; demonstrated ability to support analysis
through empirical evidence and draw critical conclusions, and; presentation skills.
3. Learning Plan:

LO Topics and Readings Class Schedule Learning Activities

[Weeks]
LO1 Introduction Week 1 - Lecture
 Defining the Concept of Economic - Individual Activity
Development - Reporting
 Sustainable Economic Development
 Economic Growth Trends
 Future Prospects for Economic
Growth
 Features of Developing Economies
 Common characteristic of developing
economy
- Lecture
Growth Theories Week 2 - Individual Activity
 Linear Stages Theory - Reporting
 Structural Change
 International Dependence
 Neoclassical Growth - Lecture
 Endogenous Growth Week 3 - Individual Activity
 Contemporary Growth Models - Reporting
Preliminary Examination Week Week 4
Inequality and Growth
 Relationship between inequality and
growth
Population - Lecture
Week 5 - Individual Activity
 Basics of population
- Reporting
 Population Aging
 Fluctuations in Generation Size
 Population and Development
Agriculture, Rural Development
 The importance of agriculture in
development - Lecture
 Poverty and rurality Week 6 - Individual Activity
 Agriculture and Rural Development - Reporting
LO2  Spatial Constraints to the Promotion
of the Non-Farm Economy
Urbanization, Rural-Urban Migration
 Trends and living conditions
 Role of cities
 Industrial Districts and Clustering
 Urbanization Costs, and Efficient
- Lecture
Urban Scale
Week 7 - Individual Activity
 The Urban Gigantism Problem
- Reporting
 The Urban Informal Sector
 Migration and Development
 Toward an Economic Theory of Rural-
Urban Migration
 Harris-Todaro Model
Midterm Examination Week Week 8
Human Capital
- Lecture
 Education
Week 9 - Individual Activity
 Health
- Reporting
 Environment
Gender , Child Poverty, Income Support
 The roles of gender, poverty and
income support to economic
development
Economic Governance - Lecture
 Importance of governance Week 10 - Individual Activity
LO3&4  Types of governance institutions - Reporting
 Corruption
 Contracts
 Bilateral and multilateral enforcement
mechanism
Trade Theory
 Role of demand in trade theory
- Lecture
 New trade theory Week 11 - Individual Activity
 Predictive power of trade theory - Reporting
 Trade, growth, and development
 Neo-Marxist approaches to trade
Pre- Final Examination Week Week 12
LO5 Balance of Payments, Macroeconomic Week 13 - Lecture
Stability - Individual Activity
 Economic policies - Reporting
 Imbalances
 Macroeconomic stability
Foreign Investment
 Overseas investment
 Significance of foreign investment
  Forms of foreign investment
 Direct investment
 Portfolio investment
 Factors influencing foreign
investments
Financial Systems
 Parts of financial systems
 Core principles of financial systems
 Global financial systems
International Aid - Lecture
LO6  Types of foreign aid Week 14 - Individual Activity
 Advantage and disadvantage - Reporting
Fiscal Policy
 Sources of public funds
 Taxation
 Uses of fiscal policy
Review /Check-Out Week 15
Final Exam Week Week 16

4. Grading System:

REQUIREMENT/ASSESSMENT TASK MAXIMUM POINTS

Class Standing (Class Participation,
50
Homework, Problem Sets, Seatwork, Quizzes
Attendance 10
Major Examination 40
TOTAL 100

5. Rubrics

a. Oral Recitation

Category Scoring Criteria Total Points Score

Organization Type of presentation is appropriate for the topic and audience 5

Information is presented in logical sequence. 5

Content Introduction is attention getting, lays out the problem well 5

and establishes a framework for the rest of the presentation

Presentation contains accurate information. 5

There is an obvious conclusion summarizing the presentation. 5
Speaker maintains good eye contact with the audience and is
Appropriately animated (e.g. gestures, moving around etc.). 5

Presentation Speaker uses a clear audible voice. 5

Delivery is poised, controlled and smooth. 5
Good language skills and pronunciation are used. 5
Length of the presentations is within the assigned time limits. 5
Information was well communicated. 5

6. Other concerns

a. Course Requirements:
 Projects and assignments must be submitted on time
 Assignment/projects submitted late will be subjected to deduction of 0.5% per day
including weekend
 Instructors reserved the right to return projects that do not meet the standards expected
to a student
 Hard copy of documents required will be stapled together with the fort size of 12, font
style of Arial, margins at 1 inch in all sides using a 8.5 inches by 11 inches (known as
“short bond paper’’). The front page should have only the following: ICT-ED Institute of
Science and Technology Inc, Subject code, Subject descriptive Title, School Year and Full
name with font size of 16.

b. Class Attendance
  Student’s attendance is absolutely required
 All class sessions will follow the correct number of hours and minutes.

7. Classroom policies

 Attendance will be checked by the board works/quizzes/activities/oral recitation during

the session
 We are going to base our official time on the clock at the guard house. But in any case it
is broken, we are going to use the clock on the SET office
 We will be strictly adhering attendance policies
 Should you miss any sessions, be responsible for what was discussed
 Should you miss any graded activity, this will have an impact to your assessment.
Request to your instructor for makeup activities
 Follow consultation hours
 Let us treat other with mutual respect.