Document Code: CAS-F-SOLMT
MANUEL S. ENVERGA UNIVERSITY FOUNDATION
Lucena City Document Title: Synchronous Online Learning Module
An Autonomous University Template
Page No.: Page 1 of 2
COLLEGE OF ___________________ Revision No.: 1
Effectivity Date: August 2020
QUALITY FORM Prepared by: Dean
Reviewed by: QMR
Approved by: President
Module 3
Title of the Module AE 108 Economic Development
Module Objective/s 1) Identify the Macroeconomic Policy.
2) Understand the difference between Monetary and Fiscal Policy.
3) Differentiate Gross National Product and Gross Domestic Product.
4) Know the different approaches to National Income Accounts.
Learning Outcome/s 1) Describe the importance of Macroeconomic Policy.
2) Explain the difference between Monetary and Fiscal Policy.
3) Analyze the effect of the objective of Monetary Policy and the tools
of Fiscal Policy.
4) Distinguish the different approaches used in solving GNP.
Structure ⮚ Meaning of Monetary Policy
⮚ Types of Macroeconomic: Monetary Policy and Fiscal Policy
⮚ Gross National Product: Net Factor Income from Abroad
⮚ Gross Domestic Product: Consumption Goods, Investment Goods,
Government Expenditure, Net Expert
⮚ Expenditure Approach to GNP
⮚ Value Added Approach to GNP
⮚ Income Approach to GNP
Exercises/Activities Individual Work
A. Search for the GNP for the Year 2016-2019
GNP 2016-
2017-
2018-
2019-
Document Code: CAS-F-SOLMT
MANUEL S. ENVERGA UNIVERSITY FOUNDATION
Lucena City Document Title: Synchronous Online Learning Module
An Autonomous University Template
Page No.: Page 2 of 2
COLLEGE OF ___________________ Revision No.: 1
Effectivity Date: August 2020
QUALITY FORM Prepared by: Dean
Reviewed by: QMR
Approved by: President
Answer the following questions:
1. What do GNP account show?
2. How would you rate the country’s economic standing?
3. What are the weaknesses of the GNP/ OOP as an indicator of growth and
development?
Assessment 75% passing grade ( Rubrics Aided )
Presentation of reactions or opinions - 20%
Illustration of Example - 15%
Originality - 15%
Time needed to complete 45 minutes
Note: Recommended maximum length for a piece of interactive online content is 45 minutes. The length
of the interactive online content can be longer depending on the student cohort. Even with motivated
post-graduate students a single module/piece of interactive content should not take more than 45
minutes to complete.