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Applied Economics

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by Rosemary P. Dinio, PhD, George A. Villasis

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Applied Economics

Applied Economics

by Rosemary P. Dinio, PhD, George A. Villasis

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The book Applied Economics for Senior High School students is distinct from other economics textbooks in that it does not focus solely on the study of economic concepts and principles. More importantly, it challenges the students to apply theories and concepts in understanding the economic realities around them leading to the making of a simple business plan. In a broader context, it pictures business as an integral part of the bigger environment of industry, national economy and global market.


It then guides students to identify environmental opportunities that small businesses can collectively tap given government support and public facilities. The book finally challenges the students to individually create a simple business plan that they may realize later in life as social entrepreneurs.

Table of Contents
Chapter 1: Introduction To Applie Economics
 Lesson 1.1 Introduction To Economics
 Lesson 1.2 Economics As An Applied Science

Chapter 2: Application Of Demand And Supply
 Lesson 2.1 Basic Principles Of Demand And Supply
 Lesson 2.2 Demand And Supply In Relation To The Prices Of Basic Commodities
 Lesson 2.3 Elasticities Of Demand And Supply
 Lesson 2.4 Market Structures
 Lesson 2.5 Supply-Demand And The Philippine Labor Market
 Lesson 2.6 Supply-Demand And Philippine Economic Problems

Chapter 3: Industry And Environmental Analysis: Business Opportunity Identification
 Lesson 3.1 Principles, Tools, And Techniques
 Lesson 3.2 Tools In Evaluating A Business
 Lesson 3.3 Industry Analysis
 Lesson 3.4 Environmental Analysis
 Lesson 3.5 The Circular Flow Of Economic Activity
 Lesson 3.6 The Economy's Producing Sectors
 Lesson 3.7 Competitiveness And Efficiency

Chapter 4: Socio-Economic Impact Study
 Lesson 4.1 The Theory Of Consumer Behavior
 Lesson 4.2 The Production Theory
 Lesson 4.3 Socio-Economic Impact Of A Business
 Lesson 4.4 Socio-Economic And Government Impact On Business

Author(s)Rosemary P. Dinio, PhD, George A. Villasis
Copyright2017
Page count128
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