Saint John Fisher School Main Campus

Camella Springville West, Bacoor, Cavite

School Year 2010-2011

ECONOMICS
Fourth Year High School

Lesson Competencies
MEASUREMENTS OF POVERTY
Scoring Brilliance Excellence Wisdom
Mandanas, Cabetingan Daniel, Dela Peña Licerio, Matondo, Olasiman
Delivery (10)
Content (10)
Overall Impact (10)
Handouts, VA (10)

STUDENT RESOURCES

 Young Leader IV (Volume XX, Number 3)

ESSENTIAL QUESTIONS TO BE ANSWERED BY THE REPORT (Day 1)

 What is poverty?
 What are the definitions of poverty?
 The definitions must have authoritative sources.
 Who determines “poverty” must also be analyzed too.
 Define the poverty rate and poverty line.
 Who are the poor? How many are poor people in the Philippines?
 Answers must be objective and have authoritative sources.
 Answers can either be in percentage form or in absolute numbers.
 What are the general characteristics of the poor? Are these characteristics the causes or effects of
poverty, or merely correlations (the cause-effect relationship is not yet established)?
 What are the causes of poverty?
 Reporters must give at least 5 different reasons for poverty.
 How big a problem poverty is in the Philippines?
 Answers must be based on statistics or objective evidence.
 What region in the Philippines experiences the greatest poverty? the least poverty? Give explanations
why this is such the case.

 What is income?
 What are the definitions of income?
 What are the different possible sources of income?
 The answers can be categorized based on the factors of production.
 What is the difference between income and wealth?
 Income is a flow variable (it is always measured over a period of time). Wealth is a stock variable
(it is always measured at a point in time).
 What is economic mobility?
 What is income inequality?
 What are the problems in measuring inequality?
 What are the roles of in-kind transfers, the economic life cycle, and transitory and permanent
income in complicating the definition of poverty and income inequality?

 What is development?
 What is economic growth?
 What is economic development?
 How is economic development measured?
 Define the gross domestic and gross national incomes as measurements of national income. However,
the actual computation of measurements will be the subject of a later report.

 What is the human development index (HDI)?

 Who developed the HDI?
 How does the HDI measure development?
 What is the Philippine HDI? Compare this to other countries in Asia as well as in the world.

FORUM / DISCUSSION (Day 2)

Questions going beyond the report will be asked to the class as a sort of graded recitation. Students with the
best answers (as judged by the strength of their logical analysis and rhetoric) will receive a 95% quiz for that
day while those who participated will have their participation as a big consideration in the giving of recitation
grades.

 Can we really measure poverty?

 Given the problem of measuring poverty, can you devise your own measurement of poverty? For you
(personal opinion) when are you poor?
 Do you think poverty is correlated to happiness?
 Is a little poverty good?
 Explain the quote “a rising tide lifts all boats” as related to economic growth and development. Is it true?
 Put yourself in the position of an economic adviser. Given the HDI score of the Philippines and the scarcity
of funds, what do you think should we focus developing (health, education, industry, etc.) Why?
 Is poverty and inequality inevitable or is there a hope for an egalitarian world?
 Is it true that the rich get richer while the poor get poorer? Explain.
 What is the moral dilemma of the debt trap?

MASTERY QUIZ (Day 2)

A mastery quiz will be administered after the forum. 75% of the questions in the mastery quiz will require recall
and comprehension of the lesson. The remaining part of the quiz will be in the form of questions that will test
higher-order or critical thinking (application, analysis, synthesis, and evaluation).

Key terms for this report

causation human development index poverty gap
correlation hunger poverty incidence
debt trap inequality poverty line
economic mobility in-kind transfers poverty rate
gross domestic income per capita income subsistence incidence
gross national income permanent income transitory income