Applied Economics

Week 2

ACTIVITY 1: TELL ME
A. If you are a learner, what will you do one month before opening of classes?
What to produce and How to produce? For whom to produce?
how much?
Notebook. 9pcs. Recycle old notes Personal consumption
Backpack bag. 2pcs. Buy from stores Me and my brother
Writing Materials 7pcs. Buy from stores Me and my sister
Portfolios 4 pcs. Buy from stores Me and my sister
Papers 4 pcs. Buy from stores Me and my sisters

B. If you are the president of our country, what will you do when our society is
caught on a pandemic situation like the CoViD-19?
What to produce and How to produce? For whom to produce?
how much?
Inter-Agency Task Force Executive Order Service to Filipino
(IATF) people
Agricultural supplies like Farming The whole population
rice
Facemasks and Face Buy from stores For my family
Shields
Vaccines Buy from pharmaceutical The whole population
company
Alcohol Buy from stores For my family

C. If you are businessman, what will you do during “BER” months or when
Christmas season is already fast approaching?
What to produce and How to produce? For whom to produce?
how much?
Lechon Small business Interested customers
Christmas lights Through factory Christmas believers
Christmas gifts Buy from store For my family
Cakes Small business For my family
Leche Flan Small business Interested buyers

ACTIVITY 2: ASSESSMENT
1. B
2. A
3. B
4. C
5. D
6. D
 7. B
8. C
9. D
10. B
11. B
12. B
13. D
14. B
15. B

PERFORMANCE TASK A.
BEFORE AND AFTER HAVING A COMMUNITY DOCTOR.
 The notable person that comes to my mind is the doctor here in our community. Her
name is Donna Faye Cabredo, we call her as Dra. Donna, when she was not yet here in
our community, it is very hard when it comes to check-ups because there is no doctor.
But when she arrived in our community everything changed. She diagnose and treat her
patients for all sorts of ailments, and also refer her patients to the appropriate
specialist doctor when needed for specific medical opinions and advice. She never failed
to remind every person to wear masks and use alcohol from time to time because of the
virus that is spreading. She event went to every barangays to check the people.

PERFORMANCE TASK B.
 A monetary issue is the financial issue or issues we looked as a family. To
address this issue, we devise a spending that distributes assets in a way that
guides in the goal of the issue. We additionally monitor our consumptions for in
any a long time to see when and the amount we put away our cash basically.

PERFORMANCE TASK C.
 a. When I was in my 8th grade in high school wherein I needed money for the
expenses in the Girl Scout encampment and I borrowed a small amount of
money to my auntie, because of that I was able to join the said event.
b. Yes, the decision I choose turned effective because I was able to join the
encampment since I paid for the expenses.
c. –Purchase from local, small business.
-Educate myself or learn how to invest money wisely.
-Open a bank account for savings.
-Avoid buying things that are not really useful and important.

VI. REFLECTION JOURNAL

This lesson helped me understand how to make more rational decisions in spending
money, saving part of it, and even investing it.