PHILIPPINE CHRISTIAN UNIVERSITY

Manila, Philippines

Management of Social and

Economic Change

Philippine Heart Center

October 24, 2019
Curriculum Vitae (Summary)
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Curriculum Vitae (Summary)
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14. Total Number of Years Working
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Requirements (to be
submitted on the last day) –
Soft Copies
• PowerPoint Presentation of the Report
• Narrative of the Report
• Final Examination
• Research Paper
 Course Outline
A. Principles and Concepts
1. Economic Development: A Global
Perspective
1.1 Economics and Development
Studies
1.2 Economics as Social Systems: The
Need to Go Beyond Simple
Economics
1.3 What Do We Mean by Development
 Course Outline
A. Principles and Concepts
2. Comparative Economic Development
2.1 Defining the Development World
2.2 Measuring Development for
Quantitative Comparison across
Countries
2.3 Some Basic Indicators of
Development
2.4 Characteristics of the Developing
World: Diversity with Commonality
 Course Outline
A. Principles and Concepts
2. Comparative Economic Development
2.5 How Low-Income Countries Today
Differ from Developed Countries
2.6 Are Living Standards of Developing
and Developed
2.7 Long-Run Causes of Comparative
Development
 Course Outline
A. Principles and Concepts
3. Economic Growth and Development
Theories
3.1 Classic Theories of Economic
Development: Four Approaches
3.2 Development as Growth and the
Linear-Stages Theories
3.3 Structural-Change Models
3.4 The International-Dependence
Revolution
 Course Outline
A. Principles and Concepts
3. Economic Growth and Development
Theories
3.5 The Neoclassical Counterrevolution:
Market Fundamentalism
3.6 Classic Theories of Development:
Reconciling the Differences
4. Development and Underdevelopment:
Contemporary Models
 Course Outline
A. Principles and Concepts
4. Development and Underdevelopment:
Contemporary Models
4.1 Underdevelopment as a Coordination
Failure
4.2 Multiple Equilibria: A Diagrammatic
Approach
4.3 Starting Economic Development:
The Big Push
 Course Outline
A. Principles and Concepts
4. Development and Underdevelopment:
Contemporary Models
4.4 Further Problems of Multiple Equilibria
4.5 Kremer’s O-Ring Theory of Economic
Development
4.6 Economic Development as Self-
Discovery
4.7 The Hausmann-Rodrik-Velasco
Growth Diagnostics Framework
 Course Outline
B. Problems and Policies: Domestic
5. Poverty, Inequality, and Development
5.1 Measuring In equality and Poverty
5.2 Poverty, Inequality, and Social
Welfare
5.3 Absolute Poverty: Extent and
Magnitude
5.4 Economic Characteristics of Poverty
Groups
 Course Outline
B. Problems and Policies: Domestic
5. Poverty, Inequality, and Development
5.1 Policy Options: Some Basic
Considerations

6. Impact of Population Growth on

Economic Development
6.1 The Basic Issue: Population Growth
and the Quality of Life
 Course Outline
B. Problems and Policies: Domestic
6. Impact of Population Growth on
Economic Development
6.2 Population Growth: Past, Present,
and Future
6.3 The Demographic Transition
6.4 The Causes of High Fertility in
Developing Countries: The Malthusian
and Household Models
 Course Outline
B. Problems and Policies: Domestic
6. Impact of Population Growth on
Economic Development
6.5 The Consequences of High Fertility:
Some Conflicting Opinions
6.6 Goals and Objectives: Toward a
Consensus
6.7 Some Policy Approaches
 Course Outline
B. Problem and Policies: Domestic
7. Urbanization and Rural-Urban Migration:
Theory and Policy
7.1 The Migration and Urbanization
Dillema
7.2 The Role of Cities
7.3 The Urban Giantism Problem
7.4 The Urban Informal Sector
7.5 Migration and Development
 Course Outline
B. Problem and Policies: Domestic
7. Urbanization and Rural-Urban Migration:
Theory and Policy
7.6 Toward an Economic Theory of
Rural-Urban Migration

8. Education and Health in Economic

Development
8.1 The Central Roles of Education and
Health
 Course Outline
B. Problem and Policies: Domestic
8. Education and Health in Economic
Development
8.2 Education and Health as Joint
Investments for Development
8.3 Improving Health and Education: Why
Increasing Income Is Not Sufficient
8.4 Investing in Education and Health:
The Human Capital Approach
8.5 Child Labor
 Course Outline
B. Problem and Policies: Domestic
8. Education and Health in Economic
Development
8.6 The Gender Gap: Women and
Education
8.7 Educational Systems and
Development
8.8 Health Systems and Development
 Course Outline
B. Problem and Policies: Domestic
9. Transformations in Agriculture and Rural
Development
9.1 The Imperative of Agricultural
Progress and Rural Development
9.2 Agricultural Growth: Past Progress
and Current Challenges
9.3 The Structure of Agrarian Systems
in the Developing World
 Course Outline
B. Problem and Policies: Domestic
9. Transformations in Agriculture and Rural
Development
9.4 The Important Role of Women
9.5 The Economics of Agricultural
Development: Transition from
Peasant Subsistence to Specialized
Commercial Farming
 Course Outline
B. Problem and Policies: Domestic
9. Transformations in Agriculture and Rural
Development
9.6 Toward a Strategy of Agricultural and
Rural Development: Some Main
Requirements

10. Environmental Issues and Development

10.1 Economics and the Environment
 Course Outline
B. Problem and Policies: Domestic
10. Environmental Issues and Development
10.2 Environment and Development:
The Basic Issues
10.3 The Scope of Environmental
Degradation: An Overview
10.4 Rural Development and the
Environment: A Tale of Two
Villages 10.5 Global Warming and Climate
Change
 Course Outline
B. Problem and Policies: Domestic
10. Environmental Issues and Development
10.6 Traditional Economic Models of the
Environment
10.7 Urban Development and the
Environment
10.8 The Need for Policy Reform
10.9 The Local and Global Costs of
Rain Forest Destruction
 Course Outline
B. Problem and Policies: Domestic
10. Environmental Issues and Development
10.10 Policy Options in Developing
and Developed Countries

11. Development Policymaking and the

Roles of Market, State, and Civil Society
11.1 The Planning Mystique
11.2 The Nature of Development
Planning
 Course Outline
B. Problem and Policies: Domestic
11. Development Policymaking and the
Roles of Market, State, and Civil Society
11.3 The Rationale of Development
Planning
11.4 The Planning Process: Some
Basic Models
11.5 Aggregate Growth Models:
Projecting Micro Variables
 Course Outline
B. Problem and Policies: Domestic
11. Development Policymaking and the
Roles of Market, State, and Civil Society
11.6 Multi-Sector Models and Sectoral
Projections
11.7 Project Appraisal and Social Cost-
Benefit Analysis
11.8 Problems of Plan Implementation
and Plan Failure
 Course Outline
B. Problem and Policies: Domestic
11. Development Policymaking and the
Roles of Market, State, and Civil Society
11.8 Government Failure and the
Resurgent Preference for Markets
over Planning
11.9 The Market Economy
11.10 The Washington Consensus on
the State Role in Development
and its Limitations
 Course Outline
B. Problem and Policies: Domestic
11. Development Policymaking and the
Roles of Market, State, and Civil Society
11.11 Development Political Economy:
Theories of Policy Formulation and
Reform
11.12 Trends in Governance and
Reform
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.1 Globalization: An Introduction
12.2 International Trade and Finance:
Some Key Issues
12.3 Five Basic Questions about Trade
and Development
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.4 Importance of Exports to Different
Developing Nations
12.5 Demand Elasticities and Export
Earnings Instability
12.6 The Terms of Trade and the Prebisch-
Singer Thesis
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.7 The Traditional Theory of International
Trade
12.8 The Critique of Traditional Free-
Trade
Theory in the Context of Developing-
Country Experience
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.9 Some Conclusions on Trade Theory
and Economic Development Strategy
12.10 Traditional Trade Strategies for
Development: Export Promotion for
versus Import Substitution
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.11 Trade Optimists and Trade
Pessimists: Summarizing the
Traditional Debate
12.12 The Industrialization Strategy
Approach to Export Policy
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.13 Reconciling the Arguments: The
Data and Consensus
12.14 South-South Trade and Economic
Integration: Looking Outward and
Inward
 Course Outline
C. Problems and Policies: International and
Macro
12. Theories and Development Strategies in
International Trade
12.15 Trade Policies of Developed
Countries: The Need for Reform
 Course Outline
C. Problems and Policies: International and
Macro
13. Balance of Payments, Developing-Country
Debt, and the Macroeconomic Stabilization
Controversy
13.1 The Balance of Payments Account
13.2 Financing and Reducing Payments
Deficits
13.3 The Debt Crisis of the 1980s
 Course Outline
C. Problems and Policies: International and
Macro
13. Balance of Payments, Developing-Country
Debt, and the Macroeconomic Stabilization
Controversy
13.4 Attempts at Alleviation:
Macroeconomic Instability, IMF
Stabilization
13.5 Resolution and Continued
Vulnerabilities
 Course Outline
C. Problems and Policies: International and
Macro
14. Foreign Finance, Investment, and Aid:
Controversies and Opportunities
14.1 The International Flow of Financial
Resources
14.2 Private Foreign Direct Investment
and the Multinational Corporation
14.3 The Role and Growth of Remittances
 Course Outline
C. Problems and Policies: International and
Macro
14. Foreign Finance, Investment, and Aid:
Controversies and Opportunities
14.4 Foreign Aid: The Development
Assistance Aid

15. Finance and Fiscal Policy for Economic

Development
15.1 The Role of the Financial System
 Course Outline
C. Problems and Policies: International and
Macro
15. Finance and Fiscal Policy for Economic
Development
15.2 The Bumpy Road to Economic
Stability
15.3 Differences between MDC and LDC
Financial Systems
15.4 Microfinance Institutions
15.5 Reforming Financial Systems
 Course Outline
C. Problems and Policies: International and
Macro
15. Finance and Fiscal Policy for Economic
Development
15.6 Fiscal Policy for Development
15.7 Public Administration: The Scarcest
Resource
15.8 State-Owned Enterprises
 Course Outline
C. Problems and Policies: International and
Macro
15. Finance and Fiscal Policy for Economic
Development
15.9 Military Expenditures and Economic
Development
 Special Topics
1. West Philippine Sea Issue and its Impact to
Economic Growth and National Development
2. The BREXIT and its Impact to Economic
Growth and National Development
3. The TRAIN Law and its Impact to Economic
Growth and National Development
4. The Build Build Build Program of the Philippine
Government and its Impact to Economic
Growth and National Development
 Grading System
1. Reporting - 30%
2. Oral Participation - 20%
3. Research Paper - 20%
4. Final Examination - 30%
TOTAL - 100%
 References
1. Economic Development, 12th Edition
by Michael P. Todaro and
Stephen C. Smith
2. The Philippine Development Plan and
Results Matrices
3. Websites of NEDA, BSP, DBM, DOF, BTr,
OP, World Bank, IMF, ADB, etc.
4. The 1987 Philippine Constitution
5. Other Books on Economic Development,
Macroeconomics and Basic Economics
 Instructions on Reporting:
1. Each reporter should prepare a
PowerPoint (PPt) Presentation and
corresponding Narrative Report;

2. The PPt Presentation should not exceed

the maximum time allotted of 30 minutes;
 Instructions on Reporting:
3. The Font should be Arial and Size 32;

4. Each reporter should just present the

important points of the topic.
THE END