10th Week : Measurement , Indices and Indicators for Sustainable Development.
For this week's online lecture, I learned that in the world of academic and research, the instrument or mechanism used to measure any achievement is called an index. There had been a several types of indexes developed for the purpose of measuring all sector and aspect of life. Malaysian Shariah Index, one of the indexes that the nations practice, is a scientific method of measurement in determining the government's status in carrying out the nations administrations based on the prinples of Maqasid Shariah (Objective of Shariah). As mentioned by Robert Kennedy, 18th March 1968, "The Gross National Product (GNP) measures everything except that which makes life wortwhile". What does he meant in his speech is that GNP missess the importance of envrironmental health. Economic activity often depletes natural resources or causes environmental degradation, but these costs are not subtracted from GNP/GDP. Besides, we also know that GNP/GDP does not measure happiness, life sa...