Cognitive (Head):
1. Kingdom Economics: Understand a comprehensive theology of creativity, production, stewardship; redistribution, work and rest, ownership and other Biblical principles evidenced in a theological training presentation for slum-dwellers with only elementary level education.
2. Community Economics: Understand methods and strategies to alleviate different levels of poverty.
Level 1: Proclamation of Good News to the poor and the effect of conversion and entrance to the community of faith on work habits, motivation, relational skills, integrity etc.
Level 2: Analyses and assessment of poverty before implementing MFI and MED.
Level 3: Local
- Cooperative economics evidenced in a small savings, self-help group (SHG) or other cooperative ventures
- Micro finance operation and its functioning for those among the poor who have demonstrated some small business capacity.
Level 4: National
- Micro Enterprise Development (MED) and Business Development Services (BDS)
- Be familiar with governmental economic development plans and policies and local strategies to enhance self-reliance and community economic stability
Level 5. Economic Systems
- Understand how different types of economic structures impact community economic stability and community self-reliance.
Affective (Heart):
- Students will have developed a passion and concern for the families in the slums with a desire to serve them on through MFI and MED project.
- Students will regard MED with high value.
- Students will desire to become or to foster Kingdom entrepreneurs
Practice (Hands):
- Poverty Eradication Project: Students during the practicum of the course or within six months will participate in a team implementing actions which will expand the economic influence of a slum church.
- Basic Small Business Management Skills: Students will have learned the basic business building principles and use of standard tools in strategic micro-enterprise development and management.
- Be able to read financial statements, understand simple bookkeeping and banking concepts and evaluate the viability of small business ventures (This will be developed more fully in TUL 640 Entrepreneurial and Organizational Leadership).
- Be familiar with how to write a basic strategic, sustainable and transformational business plan (This will be developed more fully in TUL640).
- Coaching: Have worked with an experienced practitioner to facilitate adoption of a small savings scheme, microfinance or cooperative economic process in a particular slum, and helped the community to use business techniques.