COURSE GUIDE

Course: Economic Development Semester 1st School Year 2019-2020

Class Schedule: TTH 1:30-3:00 Instructor: Allan A. Lalosa, LPT, MPA, DM
Course Description
The course introduces students to key concepts of development economics and the main
mechanisms driving economic growth. It covers the main problems and issues concerning economic
development, also by referring to existing theories and discussing their respective strengths and
weaknesses, together with the ensuing policy implications. Throughout this course, the focus is on two
simultaneous themes: economic theory and its application to development problems; and the
interaction between economic theories and the political arena.

Course Outline
SCHEDULE TOPIC
August 6 Class Policy Orientation and Course Overview
August 8, 13, Theories of economic development
15, &20 - Development Defined
- Nature of Development
- Comparing Development
- Models of Development and Underdevelopment
August 22 Check-up Meeting and Discussion
August 27, 29, Poverty, Inequality and Development
Sept 3, 5, &  Measures of Inequality andPoverty
10  Causes of Poverty
 Policy Framework Approaches to Reduce Poverty
Sept 12 Preliminary Examination
Sept 17, 19,  Population Growth
24, 26; Oct 1,  Causes, Consequence and Controversies of Population Growth
3&8
Sept 26 Readings and Peer Discussion
Oct 1, 3, & 8  Urbanization and Migration: Theory and Policy
 Understanding the Build, Build, Build Program (Dutertenomics)
Sept 10 Output Presentation / Review
Oct 15 Midterm Examination
Oct 17, 22,  Human Capital: Education & Health in Econ Dev
24, 29, 31; - Labor Issues: Emigration, Brain Drain, Human Rights
Nov 5, 7, 12 & - Agriculture, Technology, Innovation and Rural Development
14  Sustainable Growth and Development
- Environment and Development
Nov 19 Pre-final Examination
Nov 21, 26,  Role of Market, State and Civil Society in Development Policymaking
28; Dec 3, 5, - Development Planning, Concept and Models
10 & 12  International Trade and Balance of Payments
-ASEAN Economic Powerhouse
 Foreign Finance and Aid
- China’s Dominance and its relationship to LDC’s

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 - The end of Third World
Dec 17 Check-up Meeting; Consultation and Compliance of Requirement
Dec 20 Final Examination
Course Requirements
Course Learning Outcomes Required Output
The course exposes students to the
relevant policy debates and presents 1. Quizzes, Assignments, Class Participation,
development as a complex issue that goes Exercises
beyond mere income growth. Specifically, the 2. Major Examinations
students will; 3. Group presentation/reporting
1. Develop a critical understanding of the
complex interaction between different
facets of development (poverty and
inequality, population growth, natural
resources, international trade, financial
development);
2. Explain the main economic drivers of
development;
3. Identify with the relevant scholarly and
policy debates;
4. Recognize that there is not a unique path
to economic growth and development;
5. Conclude that right policies are context-
specific, by making reference to historical
examples.

Course Policies Grading System

1. Students are expected to arrive on time and
remain in class until the end of the session. A.Preliminary and Mid-term Period
Coming to school fifteen minutes late will
already be considered absent. Major Examination 40%
2. Attendance is of utmost importance. The Class Participation/Exercises/
students will be considered dropped from Assignments 15%
the class after missing 20% of the total Quizzes 15%
number of hours required for the subject. Reporting 20%
3. All students are expected to behave with Attendance 10%
academic honesty. It is not academically
honest to misrepresent another person’s Total 100%
work as your own, to make credit for
someone else’s work or ideas, to obtain B.Pre-final and Final Period
advance information on confidential test
materials, or to act in a way that might harm Major Examination 40%
another student’s chances for academic Class Participation/Exercises/
success. These students will automatically Assignment 15%
have a grade of 5.0 after three offenses of Quizzes 15%
academic dishonesty. Reporting 20%
4. There will be four major examinations only. Attendance 10%
You may take a special examination only if
the failure to take such is due to an Total 100%
approved absence, sickness, or extremely
unavoidable circumstances.

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5. Assignments should be submitted on the set
deadline. Late assignments will be deducted
accordingly.
6. Other matters not provided in the preceding
policies concerning this class maybe
resolved within the bound of University
policy or in the Student Handbook.
7. This course guide may be revised or updated
as the semester progresses to address
pertinent events that may happen or
laws/regulations/policies are instituted by
lawfully constituted bodies which supervise
or regulate the curricular program under
which this course is offered.

References
Aghion, P. & Howitt, P., The Economics of Growth, The MIT Press, Cambridge, 2009
Balisacan, A. M. And Hill, H., The Philippine Economy: Development, Policies, & Challenges,
Oxford, 2003
Das, S., Mourmouras, A., and Rangazas, P., Economic Growth and Development: A Dynamic Dual
Approach, 2nd Ed. Springer, 2018
Lim, T.C., International Political Economy – An Introduction to Approaches, Regimes, and Issues,
Saylor Foundation, 2014
Lord Robbins, The Theory of Economic Development in the History of Economic Thought,
Reprinted, Palgrave MacMillan 2010
Norton, G. W., Alwang, J. and Masters, W. A., Economics of Agricultural Development: World
Food
Systems and Resource Use, 2nd Ed., Routledge, 2010
Shane, S., Economic Development Through Entrepreneurship Government, University and
Business Linkages, Edward Elgar Publishing 2005
Todaro, Michael P and Smith, Stephen C., Economic Development, 12th ed. Pearson, 2015
Willis, K., Theories and Practices of Development, 2nd Ed., Routledge, 2005
Wayne Nafziger, E., Economic Development, 4th Ed. Cambridge University Press 2005
Online resources:
www.neda.gov.ph
https://www.migrationpolicy.org/research/shortage-amid-surplus-emigration-and-human-capital-
development-philippines
www.asia.nikkie.com
www.dbm.gov.ph

Consultation Schedule
8:00 – 10:30 – Monday/Wednesday
8:00 – 10:00 – Tuesday/Thursday
Faculty Room, CBMA

Prepared by: Approved:

ALLAN A. LALOSA, LPT, MPA, DM FILIPINA C. CARATAY

Instructor 1 Head, BSBA Program

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