Assignments 1 and 2 in Economics with Land Reform and Taxation (Tutorial Class, 2nd Sem, AY 2011-2012)

Assignment 1 in Economics with Land Reform and Taxation

1. What is economic problem? Cite ONE economic problem our country is facing and using the three basic economic questions, suggest some solutions to this economic problem.

2. Evaluate the performance of President Benigno Aquino III in terms of our economy.

3. What is the importance of studying economics?

Assignment 2 in Economics with Land Reform and Taxation

1. Explain the Law of Demand and Supply.

2. If the price of gasoline keeps on increasing in the next three months, what do you think would happen to the demand of gasoline? What will happen in the supply of gasoline? Explain.

3. How will use apply the concept of opportunity cost in your life as a student? Give a concrete example. 

Final Grades in Economics with LRT, Saturday, 3:00-6:00 (1st Sem, AY 2010-2012)

Economics with Land Reform and Taxation (Saturday, 3:00-6:00)
STUDENT	Final Grade (After the Extra	FINAL GRADE	REMARKS
NUMBER	Coursework)	(With Perfect Attendance)
5101138	2.50	2.50	PASSED
5101038	1.75	1.50	PASSED
5102003	2.25	2.25	PASSED
5101057	2.25	2.00	PASSED
5101113	2.00	1.75	PASSED
5101144	1.50	1.25	PASSED
5101022	INC	INC	NFE
5101047	1.75	1.50	PASSED
5110119	2.75	2.50	PASSED
5101013	2.75	2.75	PASSED
5102013	W/F	W/F	DROPPED
5101072	INC	INC	NFE
5101106	INC	INC	NFE
5101005	1.50	1.25	PASSED

Assignment No. 1 in Economics with Land Reform and Taxation (1st Sem, AY 2011-2012)

1. If you were an economic adviser to the President of the Philippines, what will you suggest or propose to President Noynoy Aquino to alleviate the economic conditions of the Filipinos?


2. Define economics. What is the significance of studying economics to you as a student?


3. If we say that resources are scarce, how would we able to meet or satisfy the unlimited needs and wants of the Filipinos? Give at least three (3) examples/suggestions by which we could satisfy our needs and wants using our scarce resources without sacrificing the environment and the health of the people.