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Danica Joyce Apid
12 ABM-B

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Lenny V. Agulay                                                                      APPLIED ECONOMICS
G12 ABM B                                                                                WEEK 7-8

3 THINGS / ACTIVITIES I LOVE ABOUT APPLIED ECONOMICS

1.) In Applied Econimics you learn about supply and demand, perfect and imperfect competition, taxation, international trade, price controls, monetary policy, exchange rates, interest rates, unemployment and inflation.

2.)Because applied economics provides a rigorous way of thinking about trade-offs, incentives, and costs and benefits, it has many real-world applications.

3.)Applied Economics can help us understand how people make financial decisions and how simple changes can result in better outcomes.

2 MEMORABLE TOPICS

1.) ECONOMIC GROWTH
It is memorable because...
- Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy over time.

2.) INCOME CAPACITY
It is memorable because...
- I discovered earning capacity is the expected earnings of a person who attempts to maximize the expected present value of actual earnings. For such a person, there would be no latent capacity, because expected earnings would equal earning capacity.

1 STATEMENT SIMPLY DEFINE APPLIED ECONOMICS

*  Applied economics is the application of economic theory to determine the likely outcomes associated with various possible courses of action in the real world. ... As a result, applied economics can lead to "to do" lists for steps that can be taken to increase the probability of positive outcomes in real-world events.

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BOBIS ALEXANDRA JULIA T.                   APPLIED ECONOMICS
ABM 12B                                                           WEEK 7-8

3 THINGS ABOUT APPLIED ECONOMICS THAT I ENJOY

1.) You'll learn about supply and demand, perfect and imperfect competition, taxation, international trade and price controls in Applied Econimics. You'll also learn about monetary policy and the effects of exchange rates, interest rates, unemployment, and inflation on supply and demand.

2.)Applied economics offers a wide range of real-world applications because it gives a disciplined means of thinking about trade-offs, incentives, and costs and benefits.

3. )We can use applied economics to learn more about how people make financial decisions and how small modifications can improve the outcome.

2 REMEMBERABLE THOUGHTS

1.) ECONOMIC IMPROVEMENT
It will stay with you because...

- The increase or improvement in an economy's inflation-adjusted market value of products and services through time is known as economic growth.

2.)  Socio Economic Impact of Business
Effects of Consumers to Business

It is memorable because…
I learned a lot like measuring socio economic impact can help companies understand the needs, aspirations, resources, and incentives of their costumers – enabling them to develop winning new products and services and improve existing offerings.

1 STATEMENT SIMPLY DEFINE APPLIED ECONOMICS

Applied economics is the use of the insights gained from economic theory and research to make better decisions and solve real-world problems. Applied economics is a popular tool in business planning and for public policy analysis and evaluation.

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1 statement that simply define Applied Economics
Applied economics is the application of economic theory to determine the likely outcomes associated with the various possible courses of action in the real word. By better understanding the likely consequences of choices made by individuals, businesses, public makers we can help them make better choices. If economics is the science of studying how people use various limited means available to them to achieve given ends then, Applied Economics is the tool to help choose the best mean two teach those ends.

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Nario, Yesha Louise S.

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Mercado,Jossi Mari A.

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Week 7-8
Name:Ella May Sore Orowa.
Section:ABM-B
Teacher: Ms. Lea Cabar.

3 THINGS / ACTIVITIES YOU LOVE ABOUT APPLIED ECONOMICS

I love how

1.Applied economics provides a rigorous way of thinking about trade-offs, incentives, and costs and benefits, it has many real-world applications.

2.Applied Economics can help us understand how people make financial decisions and how simple changes can result in better outcomes.

3.Applied Economics you learn about supply and demand, perfect and imperfect competition, taxation, international trade, price controls, monetary policy, exchange rates, interest rates, unemployment and inflation amongst many other topics to understand individual markets, the aggregate economy and government policies.

2 MEMORABLE TOPICS IN APPLIED ECONOMICS (for me this is the memorable topic)

1.ECONOMIC GROWTHS
~In economic growth, the process by which a nation's wealth increases over time. Although the term is often used in discussions of short-term economic performance, in the context of economic theory it generally refers to an increase in wealth over an extended period.

2.LABOR SUPPLY,POPULATION GROWTH,AND WAGES
~ In Labor supply, Population growth , and wage money that is paid or received for work or services, as by the hour, day, or week. It is one of the four factors of production that drive supply.In a market-oriented economic system, the impact of population size on market demand affects supply and demand and prices.

1 STATEMENT THAT SIMPLY DEFINE APPLIED ECONOMICS

~Applied economics is the application of economic theory to determine the likely outcomes associated with various possible courses of action in the real world. As a result, applied economics can lead to "to do" lists for steps that can be taken to increase the probability of positive outcomes in real-world events.

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Latonio, Bryan M.
Abm 12-B

APPLIED ECONOMICS

3 things i love about applied economics:
- It gives new understanding about business
- it helps us to be a good worker in our future industry.
- it helps us in what can we apply in our future work

2 memorable topics
(to be honest, i can't remember the topics but this is the activities i remember about:
- About business proposal
- and market place

APPLIED ECONOMICS HELPS THE STUDENTS TO KNOW MORE ABOUT BUSINESS AND ECONOMIC.

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Pia Allen R. Latina
ABM 12B

3 Things/activities I love about Applied      Economics

• It helps us to understand more about how bussines works.
• It helps us in decision making.
• We can apply what we learn about Applied Economics in future work.

2 Memorable Topics in Applied Economics

• Types of Globalization
• Socio Economic Impact of Business

1 Statement That Simply Define Applied Economics

• The application of economic theory to determine the likely outcomes associated with various possible courses of action in the real world.