Lesson 1 - Applied Economics PDF
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This document details a lesson on applied economics, covering concepts such as distinguishing economics as a social science and applied science. It also includes real-world examples and the application of economic principles to current issues.
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Chapter 1 Introduction to Applied Economics At the end of the session the learners will be able to: a. Differentiate Economics as a Social Science and as an Applied Science b. Give real-life situation in which the Principles of Applied Economics are used. c. Cite current economic issu...
Chapter 1 Introduction to Applied Economics At the end of the session the learners will be able to: a. Differentiate Economics as a Social Science and as an Applied Science b. Give real-life situation in which the Principles of Applied Economics are used. c. Cite current economic issues that needs to be addressed. d. Relate the Principles of Applied Economics to current issues using critical thinking.