Applied economics for senior high school /

includes references.

Chapter 1 -- I Introduction to applied economics 1 -- Lesson 1 Revisiting economics as a social science 3 -- Lesson 2 Economics as an Applied Science 15 -- Lesson 3 The economic system 25 -- Lesson 4 The Philippines socioeconomic development in the 21st century 37 -- II Applied economics 47 -- Lesson 5 Supply and demand 49 -- Lesson 6 Elasticity of supply and demand 69 -- Lesson 7 Application of supply and demand 83 -- Lesson 8 Market structure 97 -- Lesson 9 Contemporary economic issues facing the Filipino entrepreneur 107 -- Chapter III Industry and environmental analysis: business opportunities identification 123 -- Lesson 10 Principles, tools and techniques in creating business 125 -- Lesson 11 Types of industries 143 -- Lesson 12 Industry end environmental analysis: identification of business opportunity 163 -- Chapter IV Socioeconomic impact of business to consumers, suppliers, and households 185 -- Lesson 14 Socioeconomic factors affecting business industry 195 -- Lesson 15 Globalization and developing country business 207 -- References 213 --

"Applied economics is specifically designed for independent study. The different chapters deal with the fundamental economic principles, which are essential in understanding economic growth and development. This course deals with the basic principles of applied economics, and its application to contemporary economic issues facing the Filipino entrepreneur such as prices of commodities, minimum wage, rent, and taxes. It covers an analysis of industries of identification of potential business opportunities. The main output of the course is the preparation of a socioeconomic impact study of a business venture."