Applied Economics Quiz

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5 Questions

Which of the following best describes the nature of Applied Economics?

A branch of social science

Which of the following is NOT a learning competency in Applied Economics?

Analyzing Different Principles, Tools, and Techniques in Creating a Business

Which of the following is a contemporary economic issue affecting Filipino entrepreneurs?

Socio-Economic Factors

What is the main focus of Business Principles, Tools, and Techniques in Participating in Various Types of Industries in the Locality?

Understanding the local business environment

What is the impact of business on the community?

Positive contribution to economic growth

Study Notes

Applied Economics

  • Applied Economics is a field of study that combines economic theories and principles to analyze and address real-world economic problems and issues.

Learning Competencies in Applied Economics

  • Learning competencies in Applied Economics include critical thinking, problem-solving, data analysis, and effective communication.

Contemporary Economic Issues

  • One contemporary economic issue affecting Filipino entrepreneurs is the impact of digital transformation on businesses and industries.

Business Principles, Tools, and Techniques

  • The main focus of Business Principles, Tools, and Techniques in Participating in Various Types of Industries in the Locality is to equip students with the necessary skills and knowledge to start and manage a business venture in their locality.

Business and the Community

  • The impact of business on the community includes job creation, economic growth, and social responsibility.

Test your knowledge of applied economics with this quiz! Learn about the nature and scope of economics as a social science and applied science. Explore the utility and application of applied economics in solving economic issues and problems. Analyze market dynamics and economic theories. Ideal for students and enthusiasts of economics.

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