TOMAS DEL ROSARIO COLLEGE

Graduate School
Capitol Drive, San Jose, Balanga City, Bataan

Subject: Current Issues in Education (EDUC 203)

Discussant: MS. JERALYN P. BISCARRA

Professor: CAROLINA S. VIOLETA, Ed. D.

Ten Point Agenda of Secretary Leonor M. Briones

1. We are committed to the full implementation of K to 12.

2. We are responding to the directives of President Duterte to s`trengthen and enrich curricular reforms
on anti-illegal drugs, reproductive health, and disaster preparedness.
3. Intensify and expand Alternative Learning System (ALS) program.
4. We will continue the efforts to get our school-age children to school, and to keep them in school up
to completion of basic education.
5. Introduce curricular and non-curricular programs and undertake institutional capacity building to be
responsive to the aspiration and most urgent needs of the nation.
6. Foster critical thinking and enrich appreciation of culture and arts.
7. Put in place financial management reforms to ensure timely delivery of infrastructure and learning
resources.
8. We will expand the scope of employee welfare, to respond to felt and reasonable needs by our
academic and non- academic personnel.
9. Our leadership will be active, transparent consultative, collaborative, and corruption-free.
10. We will continue cooperation with the private sector and community, as well as with bilateral and
multilateral institution towards the fulfillment of our vision.

“I invite everyone to work with us at the Department of Education towards realizing our shared
vision of quality, accessible, relevant and liberating education for all”
-LEONOR MAGTOLIS BRIONES

TOMAS DEL ROSARIO COLLEGE

Graduate School
Capitol Drive, San Jose, Balanga City, Bataan

Subject: EDUCATIONAL PLANNING AND MANAGEMENT (EDUC 204)

Discussant: MS. JERALYN P. BISCARRA

 Professor: MERCEDES G. SANCHEZ, Ed. D.

ECONOMIC FACTORS IN PLANNING

Article shared by: Smriti Chand

There are two types of determinants (factors) which influence the economic development of a country.

A. ECONOMIC FACTORS IN ECONOMIC DEVELOPMENT

1. Capital Formation- strategic role of capital in raising the level of production has traditionally been acknowledged in economics.
Great reliance on foreign aid is highly risky, and thus has to be avoided.
2. Natural Resources- among the natural resources, the land area and quality of the soil, forest wealth, good river system, minerals
and oil-resources, good and bracing climate etc.

“Other things being equal man can make better use of rich resources that they can of poor”-Lewis

“A country which is considered to be poor in resources may be considered very rich in resources some later time, not merely
because unknown resources are discovered, but equally because new methods are discovered for the known resources.”-Lewis

3. Marketable Surplus of Agriculture- the term ‘marketable surplus’ refers to the excess of output in the agricultural sector over and
above what is required to allow the rural population to subsist.

4. Conditions in foreign trade- in existing context, the theory suggests that the presently less developed countries should specialize in
production of primary products as they have comparative cost advantage in their production. The developed countries, on the
contrary, have a comparative cost advantage in manufactures including machines equipment and should accordingly specialize in
them.

5. Economic system- the economic system and the historical setting of a country also decide the development prospects to a great
extent.

B. NON-ECONOMIC FACTORS IN ECONOMIC DEVELOPMENT

1. Human Resources- man provides labor power for production and if in country labor is efficient and skilled, its capacity to
contribute to growth will decidedly be high.

2. Technical Know-How and General Education- as the scientfific and technological knowledge advances, man discovers more and
more sophisticated techniques of production which steadily raise the productivity levels.

3. Political Freedom- the processes of development and underdevelopment are interlinked and it is wrong to view them in isolation.

4. Social organization- mass participation in development programs is a pre-condition for accelerating the growth process.

5. Corruption- rampant in developing countries at various level and it operates as a negative factors in their growth process.

6. Desire to Develop- development activity is not a mechanical process. The pace of economic growth in any country depends to a
great extent on people’s desire to develop.

Source: www.youarticlelibrary.com/econimicfactorsinplanning