Economic Self

Understanding the Self

 5 Main Topics we will go Through
Definition Economic 02 Avantages of 03 Disadvantages of
01 Economic Self
Self Economic Self

04 Philosoper Adam 05 Steps to Improve Your

Smith Personal Economy
 Topic1:

Economic Self
Individuals and families’ ability to earn enough
money to cover their basic needs such as food,
housing, utilities, health care, etc.
E.G.Situations where people are more likely to buy
things that match their personalities. Some of self
and identity are symbolized by the material things.
Topic 2:

Advantages of Economic Self

Can stimulate consumer desire and
accomplishment motivation.

Can boost commodity demand fostering

economic growth and societal process
while also improving individual income
and living conditions.
Topic 3:
Disadvantages of Economic
Self

It gives the feelings to people that they

There are tendencies that being
need approval from others, and to get that
materialistic include debt sadness and
approval, people buy things that may be
fake happiness
expensive so that they can be noticed by
others.
Topic 4:
Philosopher Adam Smith

Adam Smith

-An Scottish economist, philosopher, pioneer

of political economy, and key figure during
scottish englightenment. He was considered
as the father of modern economic. Adam
Smith is best known for his work The Wealth
of Nation which in it he analysed the
relationship between the production of a
nation’s wealth.
Topic 5:
Steps to Improve Your Personal Economy
01
Step 1: Know Where
You Stand. As with any
great challenge,
knowing is half the
battle.
04
Step 4: Get Smart.
02 03
Step 2: Get Organized.
Then second step is
Step 3: Stay Focused,
improving your personal
Stay Busy.
economy probably the
most important.
05
Step 5: Pay, Save, and
Invest.
Presented by:

Sheenamae A. Capinig Erirose V. Apolinario Marielle H. Jamsuri