Republic of the Philippines

MINDANAO STATE UNIVERSITY

Fatima, General Santos City

COLLEGE OF BUSINESS ADMINISTRATION AND ACCOUNTANCY

1st Semester, Academic Year 2023-2024

COURSE CODE: ECN103

COURSE TITLE: FUNDAMENTALS OF ECONOMIC DEVELOPMENT
CREDIT: 3 UNITS
COURSE DESCRIPTION: A study of theories and models explaining economic growth and development
of the third world economies, their problems and policy options for advancements.

COURSE SCOPE:

I. DEVELOPMENT CONCEPTS & PRINCIPLES

* Concepts of Development

* Ideas and theories of Economic Development

* Determinants of Economic Development

* Measures of Economic Development and Growth

* Characteristics of modern Economic Growth

SUGGESTED VIDEOS/ DOCUMENTARIES

 Why some countries are poor and other rich

 How to make a country rich
 Third World vs. First World Countries: What’s the difference?

II. PROBLEMS AND DEVELOPMENT STRATEGIES

*Problems of the Third World Countries

a. Diseases/ health

b. Poverty

c. Education

d. Population

- demand for education

- child labor

- fertility

- gender gap

e. Agriculture

f. Industrialization

SUGGESTED VIDEOS AND DOCUMENTARIES:

 Philippine Health Care System

 Philippine Ailing Health Care
 The Rich, the poor and the trash
 The Philippine baby Factory
 Pamilyang nagtitiis sa pagkain ng papag
III. DEVELOPMENT POLICIES AND PROGRAMS

*Human development policies

*Monetary and Fiscal Policies

- development of the banking and financial institutions

- effects of taxation on development

SUGGESTED VIDEOS AND DOCUMENTARIES:

 Foreign Direct Investment and the Philippine Economy

 The Deceptive Promise of Free Trade/ DW Documentary

MIDTERM EXAMINATION COVERAGE

IV. PLANNING AND ECONOMIC DEVELOPMENT

*basic concepts of planning

*planning in developing economies

*models of planning

*crisis in planning

V. ISSUES IN ECONOMIC DEVELOPMENT

*food, energy and population issues

*world destruction

*Governance

- corruption

- service delivery

SUGGESTED VIDEOS AND DOCUMENTARIES:

Ang Korupsyon sa Pilipinas (Corruption in the Philippines)

WRAP UP: PHILIPPINE DEVELOPMENT: PAST, PRESENT AND FUTURE

FINAL EXAMINATIONS

Course Requirements:
1. Class Attendance/ Participation
2. Written Reports by Group and Presentation by individual student
3. Research Work by group
4. Major Examinations (Midterm and Final)

CUT-OFF for all requirements is 60%

Grading/Marking System:
Class 20%
Attendance/Paticipation
Written Reports by 20%
group/ Individual
Report
Research Work by 30%
group
Major Examinations 30%

TOTAL 100%
REFERENCES:

Fajardo, Feliciano. ECONOMIC DEVELOPMENT

Kindleberger and Herrich Bruce. ECONOMIC DEVELOPMENT
Ray, Debra. DEVELOPMENT ECONOMICS
Todaro, Michael. ECONOMIC DEVELOPMENT IN THE THIRD WORLD COUNTRIES
Publications/ Articles/ Write Ups/ Reports of NEDA, the Central Bank of the Philippines/ UN/
ADB/ USAID/AUSTRALIAN AID/ IBON FACTS AND FIGURES/ WORLD BANK, ETC.

POLICIES:
1. No special examinations for unexcused absences
2. No INCOMPLETE (INC) by the end of the semester. All requirements must be complied
within the semester.
3. Research work is required. The subject is on the depressed areas within or outside Gen.
Santos City. The aim of the study is to identify the problems and other economic issues
in those areas. Recommend solutions or policy options to address those identified
problems.
4. Academic dishonesty like cheating or copying or duplicating works of others are not
tolerated.
5. Transparency is observed when it comes to grade calculations. Grades are non-
negotiable.

Prepared by:

Prof. Norminda A. Tomindug

Faculty, DEMM