ECONOMIC DEVELOPMENT
2022 04-EC-00028-0 978-621-04-4124-6 BS Accountancy
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CONTENTS
SCAN ME
CONTENTS
Dedication iii | Acknowledgments iv | Brief Contents v | Preface to the First Edition viii
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Cost of Living Learning Objectives 66 | Looking Back 67 | Introduction 67 | Basket of Goods and Services 68 | Consumer Price Index 69 | Economic Crashes 70 | Cost of Living Allowance 71 | Standard of Living 71 | ASEAN in Numbers 73 | Lorenz Curve and the Gini Index 73 | MSG RECVD 77 | Activity 77 | Remember 81 | Chapter Exercises 82 | Reflective Discussions 85 |References 87 Agriculture and Rural Development Learning Objectives 88 | Looking Back 89 | Introduction 89 | Modernization and Industrialization of Agriculture 89 | Export Promotion 91 | Infrastructure Development 91 | Genetically Modified Organisms 92 | Green Revolution 92 | Sustainable Agriculture 93 | Ocean, Seas, and Marine Resources 94 | Ecotourism 95 | MSG RECVD 97 | Activity 97, 103 | Remember 107 | Chapter Exercises 108 | Reflective Discussions 111 | References 112 Industrialization Learning Objectives 113 | Looking Back 114 | Introduction 114 | The First Industrial Revolution 114 | The Second Industrial Revolution 115 | The Third Industrial Revolution 116 | The Fourth and Fifth Industrial Revolution 118 | The Modes of Industrialization 119 | Costs of Industrialization 120 | Deindustrialization 121 | Urbanization and the World 121 | MSG RECVD 123 | Activity 124 | Reflection 127 / Remember 128 | Chapter Exercises 129 | Reflective Discussions 132 | References 133 Foreign Aid and Remittances Learning Objectives 228 | Looking Back 229 | Introduction 229 | Foreign Aid 229 | Concepts of Foreign Aid 230 | Marshall Plan 231 | Peace and Security 231 | Public Health 232 | Remittances 232 | Inter- Governmental Nonprofit Organizations 233 | MSG RECVD 234 | Activity 234 | Remember 240 | Chapter Exercise 241 | Reflective Discussions 242 | References 243 National Economic Policy Learning Objectives 245 | Looking Back 246 | Introduction 246 | Basic Macroeconomic Concepts 246 | Taxation and Economics 248 | Environment and Economics 250 | Healthcare and Economics 251 | Education
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Economic Growth and Development Learning Objectives 1 | Looking Back 2 | Introduction 3 | Economic Growth 3 |
Productivity 5 | O-Ring Theory of Development 7 | Solow Model 8 | Economic Development in the Philippines 9 | Economic Growth and the World 11 | Rule of 70 13 | MSG RECVD 13 | Activity 14 | Remember 19 | Chapter Exercises 20 | Reflective Discussions 22 | References 23 Poverty and Inequality Learning Objectives 25 | Looking Back 26 | Introduction 26 | Absolute and Relative Poverty 27 | Poverty and the World 27 | Measuring Poverty 28 | Poverty Incidence 29 | Poverty Trap 31 | Poverty Reduction 33 | MSG RECVD 35 | Activity 36 | Remember 38 | Chapter Exercises 39 | Reflective Discussions 41 | References 42 5
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A Nation’s Wealth Learning Objectives 44 | Looking Back 45 | Introduction 45 | Gross Domestic Product 46 | Components of Gross Domestic Product 47 | Uses of Gross Domestic Product 48 | Real versus Nominal GDP 49 | GDP Deflator 50 | GDP per Capita 51 | Other Measurements of a Nation’s Income/Wealth 52 | Gross National Happiness 53 | Genuine Progress Indicator 54 | MSG RECVD 55 | Activity 55 | Remember 57 | Chapter Exercises 58 | Reflective Discussions 62 | References 64 Labor Markets Learning Objectives 136 | Looking Back 137 | Introduction 137 | Demand for Labor 137 | Supply of Labor 139 | Demand and Supply of Labor 140 | Shifting of Demand and Supply 141 | Individual Earnings and Wages 142 | Minimum Wage 142 | International Immigration 144 | Labor Market Discrimination 144 | Human Development Index 145 | MSG RECVD 146 | Activity 147 | Remember 150 | Chapter Exercises 151 | Reflective Discussions 155 | References 156 Financial Systems Learning Objectives 157 | Looking Back 158 | Introduction 158 | Financial Institutions 159 | Financial Systems in Economic Development 161 | MSG RECVD 165 | Activity 166 | Remember 169 | Chapter Exercises 170 |
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