Professional Documents
Culture Documents
Group 1 Final Manuscript
Group 1 Final Manuscript
Group 1 Final Manuscript
Members:
Apostol, Marry Brejet
Balaga, Allen Carl
Ballaret, Meg Andree
Batuto, Klarence Jacob
Bulang, Cassandra Sheen
Castillo, Aceler
Corpin, Ashley Steven
Gayares, Jaymar
October 2022
CHAPTER 1
Introduction
This chapter presents the introduction of the research study and its
problem. It includes the dependent and independent variables that are used in the
The consistently expanding inflation rate has cleared out some students
struggling to manage regular living costs, requiring them to give up time already
steadiness. Costs for most goods and services, counting those of basic supplies
and lodging, have expanded quickly over the past two years due to the pandemic’s
impact on consumer investing designs (Wagner & Staff, 2022). In the short run,
the results showed that inflation, defined as the rate of increase in prices over a
given period.
Australia experiences food insecurity related to high inflation, with the rate being
much higher for Aboriginal and Torres Strait Islander people. Because exposure
In the Philippines, parents are concerned about how the Tax Reform for
Acceleration and Inclusion Bill (TRAIN) law will affect the cost of school supplies
and student meals given the 4.5 percent inflation rate, which is the highest in the
last five years. Students going back to school are experiencing price shock as a
result of the inflation. The most vulnerable groups in our society—women and
directly from the rising costs of basic necessities like food and, more recently,
school supplies. The typical P10–P20 allowance of a student from a family making
currently affiliated, they observed that the majority of students are unaware of the
rising inflation and just keep complaining about it. The researcher also noticed how
misinformed the students were when addressing this kind of issue. They are not
particular on the issue of inflation and only knew that prices were going up without
education, financing lifelong learning, and student spending habits that can have
an impact on individuals or even the community, but they have not sufficiently
explored how inflation affects student allowances and how this can impact
for an academic performance in the first semester of academic year 2022- 2023.
The findings of this study will assist students in assessing their learning behaviors
and how it affects their academic performances in high inflation resulting in low
material: research literature and conceptual that has relevance and significance to
Excessive Inflation
problems for most economies around the world, affecting both developing and
term rise in the general level of prices for goods and services in a given economy.
instability exists. These studies have bolstered the conclusion that inflation is bad
for the long-term growth of an economy. Sustainable growth is one of the most
raising production when the economy is not operating at full capacity, i.e., there is
which translates into more total demand. More output is therefore required to
satisfy increased demand. British economists believed that some inflation was
required to avoid the thrift paradox. According to this paradox, if consumer prices
are continually permitted to decrease because the nation is being too productive,
people will learn to put off their purchases in order to wait for a better offer. The
benefit from inflation because they can return their loans with funds that are less
valuable than the funds they borrowed. This promotes borrowing and lending,
university's educational costs for their learning (Kodelja, 2022). No matter the
decade, tuition is not known for being inexpensive, but it has become noticeably
more expensive recently due to inflation. Tuition rises at a rate of 8% each year,
which is roughly double the rate of inflation. The potential for tuition rises is the
most devastating effect of growing inflation. The price of the required services and
equipment is rising. As a result, students who are already enrolled may suddenly
This year also marks many students' return to face-to-face learning after a
two-year absence, making the price increase all the more distressing. Some
students are making sacrifices in order to pay for tuition, rent in their dorms, and
food, which are all growing in price. To help with expenses, some students are
also trying to take up part-time jobs (Civera et al., 2021). Even so, the good news
is that it may actually be slowing down in recent years. During pandemics, some
universities around the world reduce and freeze expenses for students, including
tuition rates which lowers the cost of some needs for students (Schwartz, 2021).
(Munonye, 2022). Visiting the grocery store is all it takes to experience the
element of inflation. Food expenses are rising at the quickest rate in more than 43
years as they continue to soar, especially for food consumed at home (Stephens,
food price inflation. A pandemic of African swine fever struck China in the summer
of 2018, wiping out a large portion of the country's hog population, which accounts
for more than half of all hogs worldwide. By the middle of 2019, this caused pork
prices in China to reach an all-time high, which had a knock-on effect on prices for
pork and other animal proteins in many other parts of the world. During the US-
China trade conflict, import duties on US pork and soybeans were introduced,
which made the situation worse (Fernandez, 2019). Conversely, other experts feel
that if everyone works together, there is still a chance to find a solution to the rising
Transient fees may include a supplementary cost of living that we may easily bear,
such as board, rent, and other fees that the person renting a space must pay
(Nevens, 2022). Rural residents decide to relocate to cities in order to study more
effectively because most universities are located there. However, as inflation rises,
degree and continuing to pursue their goals in the traditional manner (Loza, 2022).
Additionally, it has gotten more expensive to live off campus. Rental prices
of available apartments. Before the epidemic, more than half of all households with
renters paid more than 30% of their monthly income on rent and utilities. According
to the National Low Income Housing Coalition, affordable housing has become
"out of reach for millions of low-wage employees and other low-income families"
as a result of rental prices rising faster than salaries For utilities, the average home
That represents the biggest yearly growth in more than a decade. Also, natural gas
costs were also the highest as of April (Carrat, 2022). In spite of this, according to
Zago (2018), it's likely that inflation won't last long. This indicates that students
from both urban and rural locations can still attend schools. Inflation is probably
material generated by the body in adequate quantity to satisfy dietary needs," "having no
essence," and "empty of essence," respectively (Lamolla et al., 2022). Unessential needs
are those extra items we frequently purchase, either on accident or on purpose. This can
drive us to spend all of our money and sometimes leave us without anything (Chengchao,
2022). In addition, unessential needs are likewise impacted by inflation because the higher
inflation there is, the more expensive those items become (Dandan, 2022). However,
irrelevant to our lives, but they can really lead us to spend money in order to find fulfillment,
joy, and a greater sense of aliveness. Demand-led inflation will likely continue to be
can assist students with living expenses while they are attending school (Yakubu
2021). Inflation affects all students equally. For labor, food, energy, and other
utilities, they now pay more or their parents do. That is why understanding the
students, is vital for public authorities. They will be more knowledgeable about how
this situation impacts the students, and they may be able to find a solution to this
inevitably results in you having less money in your pocket and your weekly
allowance. Even if your student loan payment remains the same each month, you
can find that over time you have less spare money available to cover the necessary
students' allowance. students' and their parents' financial burdens have been
lessened as a result.
The allowance has helped students stay on campus and support their
academic endeavors by providing them with the money they need to purchase
provide some comfort for students, it should be raised to maximize its benefits.
Consequently, this would provide parents with some financial breathing room to
save or spend their money for various other overlapping priorities. The student
allowance would also tempt students to stay in school, more people entering the
Transportation Fees. The cost of traveling for various purposes by car, airline,
train, public vehicle etc. is particularly referred to as transportation expenses or fees, which
are a subset of travel expenses (Chugani & Irwin, 2022). Gas, car maintenance, public
transportation, and parking fees account for a significant portion (almost 20%) of students'
living expenses. Because they don't have access to a reliable car or must rely on
uncomfortable public transportation, many students also have long commutes. Periodic
automotive problems can result in missed classes and unforeseen costs. Studies done in
2021 revealed that students who do not receive subsidies and who do not have access to
secure and dependable transportation are less likely to finish their degrees than students
who do receive subsidies and who have access to safe and dependable transportation
(Irokalibe, 2021).
transportation improvements is frequently the reduction in travel time and costs. Travel
time expenses can be a good indicator of a variety of unique travel characteristics, such
as comfort, safety, and prestige. The structure of economic activity as well as global trade
increase in transportation costs results in a more than 20% decrease in trade volume.
or compulsive buying disorder are other names for compulsive buying behavior
social, occupational, and financial implications (Claes & Mulle, 2017). Ordinary
non-addicted shoppers claim that value and utility are their main driving forces
when making purchases, whereas compulsive shoppers buy things to boost their
mood, manage stress, get attention from others, and improve their self-image (Ali
habits tend to become problematic in late adolescence, and the early initiation of
issues, people with CBB find it difficult to cease their compulsive buying. As a
result, since the majority of students lack the self-control to manage their money
appropriately, this could get worse as inflation rises (Bakir et al., 2020).
especially for those who are not privileged enough to make it through the daily
making abilities aid people in making wise financial decisions. People with good
financial knowledge and decision-making abilities may balance their options and
choose wisely for their financial conditions, such as when and how to save and
spend, compare prices before making a large purchase, or prepare for retirement
or other long-term goals. It will also assist students in being sensible and avoiding
However, they hardly ever discuss potential ways to earn money. Most
in serious misconceptions that may have a severe impact on their future careers.
Simply put, they believed that this was fraud when it was not. According to Ladhari
who participate in the aforementioned activities must sacrifice their free time,
students can choose to take on. Time is needed for extracurricular activities in
give up their leisure time, especially with friends and family (Payne, 2018).
Furthermore, activities that are not part of the curriculum at a school or college but
yet assist students develop their skills and abilities are known as extracurricular
earlier based on their interests, the benefits are greater. In addition to the degree
courses, these activities have a significant impact on how the students' enthusiasm
and interest are shaped and directed. According to studies, kids who take part in
one or more after-school activities are less likely to give in to harmful peer pressure
and have greater levels of self-esteem than kids who don't. It has been shown that
children a reason to feel confident in their talents and themselves. They can aid in
a child's social development, discovery of talents, skills, and hobbies, and relieve
pent-up irritation and energy (Christison, 2018). On the other hand, engaging too
school, extracurricular activities, and home life. Activities should also be enjoyable
for students rather than stressful. Children who appear miserable or lack friends
Theoretical Framework
The foundation for this study is John Maynard Keynes' (1930) Keynesian
input this manuscript, however in relation per indicators are base on what this
Figure 1 shows the Conceptual Model of the study. The predictor variable
is the Excessive Inflation that has the following indicators: Tuition Fee, Exorbitant
Food, Transient Fare, and Unessential Needs. The criterion variable which is
(fees).
questions:
Hypothesis
The purpose of this study is to prove or refute the null hypothesis based
and the excessive inflation rate in the first semester of academic year 2022-
2023.
Significance of the Study
With the writings presenting the relationship between inflation and student’s
allowance, the researcher believes that urgent action should be taken to inform the
public of the ongoing or recent increase in inflation. This is the reason the
inflation affects all social classes and what steps may be taken to handle this type
Parents. This study may persuade parents to think about giving their
children more support, both financially and psychologically, to help them deal with
Teachers. This study may be useful to teachers because it will allow them
to effectively educate students on how high inflation impacts their daily lives,
Students. This study will directly benefit students since it may persuade
them to think about being wise as a way to reduce inflation as they grow up or
even on their daily life that contributes to society because even a small thing can
of inflation and how it affects student's allowance. Thus, the result of this study can
be used for future discussions that tackle the potential for resolving this issue and
METHODOLOGY
This chapter presents and describes the type of research design used,
The target population of this study are Grade 12 blended learning STEM
students from a senior high school in Davao Doctors College enrolled in the 1 st
respondents of this study are 65 Grade 12 STEM students. In getting the sample
n= N/ 1+ Ne^2
n= 595/1+(837) (0.10) ^2
= 595/1+(837) (0.01)
= 595/1+8.375
= 595/1+9.37
= 65
This study will be using systematic sampling, a type of probability sampling
that selects sample members from a large population through a random starting
point and a fixed, periodic interval (Kenton, 2018). In this sampling method, the
first unit is selected at random, and the remaining units are preferred automatically
Mathematics (STEM) who will be conducted from the study of 1st semester of A.Y.
2022-2023. The study does not cover students who have dropped or withdrawn,
or who have transferred to schools other than the study's setting. Since data will
be gathered in an online setting, the study excludes students with f-t-f respondents
and online learning as their chosen to learn modality setting. A participant may
withdraw from any or all aspects of the research study in which he or she has
previously agreed to participate at any time. Before withdrawing from the study,
the participant must notify the researcher, and he or she may, but is not required,
to explain why. They will not incur any penalties or lose any benefits as a result of
Research Locale
the research environment will not be disclosed in this study out of respect for
district. Along with college classes, it also prominently offers a senior high school
program. It includes tracks for Humanities and Social Sciences (HUMSS),
and TVL.
Research Instrument
The research tool used in this study is a survey questionnaire and students’
final numerical subject grade to address the research question presented at the
start of the paper. The survey questionnaire for the independent variable,
Excessive Inflation, was research-made while the data for the dependent variable,
be distributed to the validators for them to critique the instrument's validity, and it
will then go through a reliability test with the assistance of an expert statistician.
Research Design
measurement and presumes that the things being studied can be quantified. In
order to validate the measures taken, it aims to analyze data for trends and
When the researchers don't have any control over the independent variables, or
Data Collection
This section presents the data gathering procedures which followed as the
from the adviser and panel members, as well as permission from Principal
of Davao Doctors College Inc. To request permission will conduct the study
Senior High School Division, the following letters will be sent to the advisers.
contents of the research questions for the research instruments will send a
III. Data collection and tabulation. After all of the questions have been
answered, the researchers will retrieve the survey questionnaire. Under the
supervision of a statistician, the researchers will total all of the data gathered
from the respondents. The results will then be analyzed and interpreted in
Statistical Treatment
Ethical Considerations
Potential Benefits. The respondents' learning gains from taking part in the
inflation in our society. This study will assist in educating individuals, particularly
students, with the information and abilities required to build connections with others
Potential Risks. The researchers will delicately identify the threat that may
harm the respondents. The researchers will ensure that the surveys contain
appropriate language and words and make sure that it has no misleading
information to avoid discomfort and discrimination. Also, possible reimbursement
completely up to the respondents. Those who do not want to participate would not
withdraw their approval at specific that they give consent form to the participants
at any moment and without providing a reason even after signing the consent form.
The interaction you have, if any, with the researchers will not be impacted if you
Study Procedure. The researchers will brief the respondents about the
data collection and what they can obtain in taking part in this study. The
researchers will also hold a meeting with the respondents to ensure that the study
will be carried out unbiased and fair for all subjects involved.
information provided by respondents for this study will be kept strictly confidential
and used for academic purposes only. The respondent's name will not appear in
any published studies and the results will be destroyed as soon as the researchers
interest in the study. The researchers will apply affirmations of honesty and good
intentions, personal integrity, and a capacity for personal discretion to also prevent
such conflict.
Researcher’s Contact Information. If the respondents have any
questions about this study, have negative side effects as a result of participating
in this study, or have any concerns about their rights as research respondents,
Ali, C., Li, A. and Bakhtawar, H. (2020). Hedonic shopping motivations and
obsessive-compulsive buying on the Internet. Retrieved on Sept. 29,
2022 from https://doi.org/10.1177/0972150920937535
Bakir, A., Gentina, E. and Gil, L. (2020). What shapes adolescents’ attitudes
toward luxury brands? The role of self-worth, self-construal, gender,
and national culture. Retrieved on Sept. 21, 2022
from 10.1016/j.jretconser.2020.102208
Biddix, J. and Spica, E. (2021). Prices They Pay: Academic Achievement and
Progress to Graduation Barriers Experienced by Community College
Students Due to the Cost of Course Materials. Retrieved from Oct.
20,2022 on https://link.springer.com/article/10.1007/s10755-021-
09557-7
Chugani, S. and J.R. Irwin (2020). All eyes on you: the social audience and hedonic
adaptation. Psychol. Market., 37 (11). 1554-1570,
10.1002/mar.21401
Creswell, J. (2017). Mindfulness interventions. Annu. Rev. Psychol., 668 (17), pp.
491-516, 10.1146/annurev-psych-042716-051139/
Eurydice. (2020). National student fee and support systems in European Higher
Education – 2020/21. Retrieved on Sept. 19, 2022 from
https://eric.ed.gov/?id=ED610829
Frijters, P., Clark, A. E., Krekel, C. and Layard, R. (2020). A happy choice:
wellbeing as the goal of government, Behavioural Public Policy 4(2):
126–165.
Harnish, R., Bridges, K., Nataraajan, T. and Gump, A. (2018). The impact of money
attitudes and global life satisfaction on the maladaptive pursuit of
consumption. Psychol. Market., 35 (3) 189-196. Retrieved on Sept.
23, 2022 from 10.1002/mar.21079
Isabela, V. (2018). School opening and inflation. Retrieved on Oct. 4, 2022 from
https://www.panaynews.net/school-opening-and-
inflation/?fbclid=IwAR07EpYxRgpd9sgREFpy68mRSCOuvmQ_g3Y
cOSRtKAqBmlVMuBWjKBu0HZM
Lee, J., Lee, Y., & Song, Y. (2022). Mediating effects of self-directed learning on
the relationship between critical thinking and problem-solving in
student nurses attending online classes: A cross-sectional
descriptive study. Retrieved on Oct. 10, 2022 from
https://www.sciencedirect.com/science/article/abs/pii/S0260691721
004846
Mintz, B. (2021). Neoliberalism and the Crisis in Higher Education: The Cost of
Ideology. Retrieved on Oct. 7, 2022 from
https://onlinelibrary.wiley.com/doi/abs/10.1111/ajes.12370
Nichols, A. (2019). How Affordable Are Public Colleges in Your State?. Retrieved
from Oct. 16, 2022 on https://edtrust.org/resource/affordability-gap/
Prati, A. (2022). The well-being cost of inflation inequalities. Retrieved on Sept. 28,
2022 from
https://cep.lse.ac.uk/pubs/download/dp1870.pdf?fbclid=IwAR0nfEh
Uv-l1d4haLfs829nPRh5FSXwzCrP6poBblLPVNbVJNbZI2V6HdKc
Temple, J. B., Booth, S., & Pollard, C. M. (2019). Social assistance payments and
food insecurity in Australia: Evidence from the household
expenditure survey. International journal of environmental research
and public health, 16(3), 455.
Research Questionnaire
Student’s Profile
1. Name (optional):
2. School (optional):
indicate to what extent you agree or disagree with them by checking the
Unessential Needs 5 4 3 2 1
1. I need school supplies like pencils,
ballpen, notebooks, etc.
2. I need clothes, shoes, and a bag.
3. I need a laptop and printer since I'm
an SHS school student.
4. I need a service vehicle because our
house is far from our school.
5. I need allowance for my daily need.
No. of Transient Fee 5 4 3 2 1
items
1. I prefer the bus than to a vehicle
because it`s comfortable and
relaxing.
2. I prefer the bus because the bus is
less traffic than the vehicle.
3. The disadvantage if I ride a vehicle is
traffic, and I can inhale the pollution of
the other vehicle.
4. The advantage if I ride a vehicle is a
cheap and affordable fare compared
to the bus.
5. When I am inside the bus is very
convenient and bad weather doesn’t
matter.
indicate to what extent you agree or disagree with them by checking the