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CHED FACULTY TRAINING FOR THE TEACHING OF THE NEW GENERAL EDUCATION(GE)

CORE COURSES: SECOND GENERATION TRAINING

I. Title: SUSTAINABLE DEVELOPMENT


II. Learning Objectives:
At the end of the lesson, the students are expected to:
define Stability and Sustainability; and
express ideas clearly on the Models of Sustainable Development.
III. Introduction:
This chapter will give information and ideas on how to make future
Economic System Free from deficiencies like inability of modern societies to
produce enough stability and sustainability.

IV. Content:
The term Stability is associated with firmness in position, performance and
resistance to change especially in a disruptive way. The International Monetary Fund
(IMF) describe it as avoiding large swings in economic activity, high inflation and
excessive volatility in exchange rates and financial markets (International Monetary
Fund 2012).

A well-known definition of sustainability which emphasizes its economic


motion, comes from the Bruntland Report (World Commission on Environment and
Development 1987). It says that development that meets the needs of the present
without compromising the ability of future generations to meet their own needs
deserves the label of sustainability.

Sustainable Economic Model

There are three areas of Economic Models, namely:


The issue of what is an efficient market needs some new clarification.
That there is might be many different institutional ways to efficient
economic systems.
A redesign needs a wider look at what is economic growth and what kind
of growth is compatible with the idea of sustainability.

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CHED FACULTY TRAINING FOR THE TEACHING OF THE NEW GENERAL EDUCATION(GE)
CORE COURSES: SECOND GENERATION TRAINING

V. Activity/ Assessment:
A. Group Quiz:
Directions: In a group of 5, discuss and list down 5 Characteristics of a
region that has a stable and sustainable economy. Support your answer.

B. Reflection:

As a youth, how can you help promote the advocacy on sustainable and
stable economy?

VI. References:
Fulbrook E (2004) A Guide to Whats Wrong with Economics: Anthem Press.

International Monetary Fund (2012) How the IMF Promotes Global Economy
Stability Available
@http://imf.org/External/np/ext/facts/pdf/globstab,pdf(accessed 13
December 2012)
S
World Commission on Environment and Development (1987). Our Common
Future Oxford: Oxford University Press.

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