SY 2022-2023 1st Semester

This course deals with the basic principles of applied economics, and its application to contemporary economic issues facing the Filipino entrepreneur such as prices of commodities, minimum wage, rent, and taxes. It covers an analysis of industries for identification of potential business opportunities. The main output of this course is the preparation of a socio-economic impact study of a business venture which will complied at the end of the second semester. Hence, this course will further lead you towards a successful career path.

There are rules and traditions that are imposed by our parents and forefathers in
accordance with the society where we belong. We do obey and follow these rules and
traditions for the fear of being labeled differently from our society. But as we become
educated and out from the experiences we have encountered, we see and interpret the
world differently from one another. This overall perspective is also termed worldview
which is a collection of beliefs about life and the universe being held by people (Ong &
dL.Jose, 2016, 4).

This course deals with the basic principles of applied economics, and its application to contemporary economic issues facing the Filipino entrepreneur such as prices of commodities, minimum wage, rent, and taxes. It covers an analysis of industries for identification of potential business opportunities. The main output of this course is the preparation of a socio-economic impact study of a business venture which will complied at the end of the second semester. Hence, this course will further lead you towards a successful career path.