MABALACAT CITY COLLEGE

INSTITUTE OF BUSINESS EDUCATION

COURSE CODE: EcoDev

COURSE TITLE: Economic Development
I. Course Description
This course provides the students with core technical foundation essential to a successful career as
professional accountants. It further develops and integrates the knowledge, skills and professional
values, ethics and attitudes, which they obtained from the other components of the curriculum It
gives the students the necessary theoretical and technical accounting knowledge and intellectual
skills, including an understanding of professional values and ethics.
II. Course Intended Learning Outcomes (CILO)
At the end of this course, the students should be able to:
1. Explain and apply key development economic growth theories, international trade development
theories, and related economic development theories.
2. Analyze and describe the features of less developed economies and the macroeconomic and
microeconomic development challenges they face.
3. Analyze and describe significant policy options available to government and international
organization to address economic development challenges.
4. Develop analytical and critical thinking skills and use them to judge the appropriateness of
economic development policy options.
5. Identify and appraise economic development policy failures, and suggest adjustments or
alternatives.
6. Develop research 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.
7. Develop teamwork skills through tutorial activities and assignments.

III. Essential Learning

FINALS
Week Declarative Knowledge Assessment Tasks

Asian Financial Crisis 1997

Development Policy Making, and the Roles of

Market, State, and Society Case Study

13 – 17 Balance of Payments, Debts, Financial Crisis, and Review Questions (Essay)

Stabilization Policies
Assignments
Foreign Finance, Investment, Aid, and Conflict:
Controversies and Opportunities

IV. Course Requirement

Grading System
Class Standing – 60% (Case Study, Assignments, Quizzes)
Major Exam – 40% (Prelim, Midterm, Final Exam)

V. References

Todaro and Smith, Economic Development, 12th Edition, Addison-Wesley, 2015

Harrison, Lawrence, and Samuel P. Huntingdon (eds.) 2001. Culture Matters: How Values
Shape Human Progress.

Internet References:
http://www.adb.org/
http://www.peopleandplanet.net/
http://www.worldbank.org/
http://www.wri.org/

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Prepared by:

Rebecca Q. Lising, MBA, MAED

Instructor

Reviewed and approved by: cc:

Myrna C. Calma, CPA, Ph.D. Renato Dan A. Pablo II, DIT

Dean VPAA

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