Applied Economics: Defining Economics, Macro vs Micro, Exercises of Family and Consumer Science

A study guide for senior high school students in the philippines during the 2020-2021 academic year, focusing on the third quarter of the second semester in applied economics. It covers the definitions of economics and applied economics, the importance of studying applied economics, and the differences between macro and micro economics. Pre-test questions, motivation activities, analysis questions, and true or false activities.

Typology: Exercises

2020/2021

Uploaded on 05/03/2021

Yuki-Furukawa-20
Yuki-Furukawa-20 🇵🇭

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2.
3.
The most interesting I have learned about is….
I still have question in ……
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Reflection

Today I have learned ….(new words and definition)

The most interesting I have learned about is….

I still have question in ……

Department of Education

SCHOOLS DIVISION OF BULACAN

Assemblywoman Felicita G. Bernardino Memorial Trade School

Senior High School School Year: 2020- 2021 First Semester

APPLIED ECONOMICS

Second Semester S.Y. 2020-2021 Quarter 3 - Week 1

Economics as a social science and applied science in terms of nature and scope

ANSWER SHEET

Objectives

The learners…

Define economics and Applied economics; Differentiate economics as a social science and applied science in terms of nature and scope.

Discuss basic terms in applied economics.

Name:

Grade Level & Section:

2. Analysis

Processingquestion/

s:Directions: In 2 -

3 senten ces,

explainthefollowinginyouranswershe

et.

1. Whatiseconomics?

2. Whatisappliedeconomics?

3. Whyisitimportanttostudyappliedecono

mics?

B.IndependentA c t i v i t i e s Microec

onomics orMacroeconomics

ActivityA.

Directions: Identifywhether the statement

isrelated to macroeconomics or

microeconomicsissue.WritethewordMICROorMACROi

n youranswersheet

1.Abusinessmandecidedtoclosedhisbusinessduetone

tlossbroughtbythepandemic.

2.Alocalbusinessallocatehygienicgoodsforsaleintheirstoreou

tlet.

3.Currentgrossdomesticproduct(GDP)ofthecountrywasgreatlya

ffectedbycovid19.

  1. Lockdown policies durig pandemic

creategreatimpactontheeconomyasawhole.

5.TheMayordecidedtobuyriceandnoodlestob e d i s t r i b u t e d

d u r i n g e n h a n c e c o m m u n i t y q u a ra n ti n e.

Application:TrueorFalseActivity

B.

Directions: Determinewhethereach

statementsiscorrectornot.WritethewordTrueif

correctotherwise,writeFALSEinyouanswersheet

1. Macroeconomics deals

withstudyofindividualbehaviorandbusines

sdecisions.

2.Microeconomicslooksatthedecisionoft

hegovernment.

3.Resourcesarealwaysunlimited.

4.Macroeconomics examinesGDPand

howitisaffectedby economicschanges.