Ayan, magandang magandang umaga po sa inyong lahat, sa mga tuti na nanonood at sa lahat po ng patuloy na sumusubaybay dito sa DepEd 8.0 Online Tutorial. Magandang umaga pa, minsan ako po si Tutor Mian, ang inyong tutor sa subject na Applied Economics together with Tutor Rose. Wala lang po siya, siya po ay nasa kabila para sa business planning.
So bago po tayo magsimula, medyo magbalik-aral po tayo. Alam ko po mga Jyutis, natatandaan nyo pa. Yung mga theories, concept na napag-aralan nyo nung kayo ay junior high school. Kasi kayo ay may subject yung economics.
So, balikan natin. So, ang gagawin natin, let us examine those pictures and then complete the sentence by choosing the letter that corresponds to the correct answer. And type your answer in the chat box.
One. Ayan. So, meron dalawang pictures dito. Sila ba ay example ng...
A. Resources B. Commodities Type your answer in the chat box. So, if your answers are letter B, tama kayo.
Ito ay mga commodities. Pangalawa, this is land and labor. Pictures are examples of A. Resources B. Commodities Tingnan natin ang inyong mga sagot. Okay.
So, their example of resources. So, magbalik-aral tayo, no? What is the difference between resources and commodities?
Ayan. So, resources, economic resources, are the factors used in producing goods or providing services. Example, labor, land.
Assets and capital. While commodity is economic goods and are most often used as inputs in the production of other goods or services. Natatandaan pa ba? O sige, magbalik-aral muli tayo.
Ayan. Ito yung mga branda, no? Prada.
Ayan, Chanel. Ito naman yung mga cellphone. So yung mga gustong-gusto natin, ano? So pictures are examples of...
Human A, wants. B, needs. Okay. Ang mga sagot ay, these are examples of human wants.
Ayan. Next. So, meron tong ano na shelter.
Ito naman ay mga pagkain. So, these pictures are example of human wants. Or human needs?
Ayan. Ang tamang sagot ay human needs. Ayan, no?
So, nakikita ko na yung mga sagot nila. Ayan. Sabi ni Enrico Dalupan, ayan, ano, thank you. Ayan. So, may mga sumasagot na sila, no?
Ayan. So, letter B. Hi, ma'am.
Good morning. Hello. Good morning din sa inyo. Ayan. So, niko siya may hindi to.
Letter A. Princess ko ay letter A. Ayan. So tama inyong mga sagot.
Okay, so human needs and wants, ito yung pagkakaiba nila. Human needs are something that you must have in order to live. Ito yung mga bagay na kailangan natin para mabuhay.
Yung pagkain, shelter, ayan. So while human wants are something that you wish to have to add comfort to your life, yung needs naman, ito yung mga bagay na nakakapagdagdag para maging komportable ang ating buhay. No?
Katulad ng paggamit ng mga mamahaling damit, mamahaling bag. Diba, gustong-gusta natin yan. So, they are only considered as human ones. Okay, tama kayo dun.
Very good. Talaga naman. Ayan. So, ang ating topic ngayon for the quarter 1 week 1 is Introduction to Economics.
Ang ating subject talaga ay Applied Economics and this is the Introduction to. economics. I am Tutor Mayang together with Tutor Rose. So shout out ko muna yung mga naandito na.
Good morning, Princess Ko, Enrico Dalupa, Nicole Sarmiento. Ayan, magandang magandang umaga sa inyo. So ano ba yung ating objectives at dapat natin matutunan sa umagang ito? One, kailangan natin maunawaan what are the basic economic concepts.
Pangalawa, differentiate what is macro and micro economics and appreciate the importance of studying economics. Ano ba yung latest issue about sugar? So alam natin yung mga balita ngayon, ano? Ano ba yung issue, no? Patungkol sa asukal.
Okay. So sabi dito, may headlines, no, sa InquirerNet. Sabi ganun, the sugar industry declined.
Ako, no, pabagsak ng pabagsak yung yung sugar. So, bakit nga ba? Bakit nga ba pabagsak ng pabagsak ang asukal?
Kasi, nagkakaroon ng short-takes, no? The Philippines will next import sugar to stabilize domestic prices that have shut up despite stable local production. So, what do you think are the reasons?
Ano kaya yung dahilan, no? Ano kaya yung dahilan? So sabi doon sa nabasa ko, dahil daw sa, alam nyo na yung kalamidad, diba?
Ano pa? Bakit ba nagkaroon ng shortage ng asukal? Kasi diba maliit lang yung espasyo ng ating mga manggagaon, ng ating mga farmers, no? So konti lang ang...
nagagawang sugar, tapos wala pa silang financial capacity para tuluyang makapagpudus ng maraming sugar. So, yun yung mga reason. So, what do you mean by scarcity?
Basahin nga natin. So, scarcity refers to the limitations of resources. It is coupled with the fact that human wants and needs are unlimited. So, scarcity means limitedness while shortage products and services which are not available in the required quantity.
So, limitations of resources. So, what do you think will the government do? Nasukulang pa rin production ng ating mga asukal.
Hindi lang asukal, ano? Nagkakaroon na nga tayo ng importation sa mga isda. Ayan, ano?
Pati meat, no? Grabe, no? So, what do you think will the government do? So, ang gagawin ng gobyerno ay, what do you think?
So, gagawa ng kaparaanan ng gobyerno para ma-allocate itong mga limited resources na ito. So, allocation, ayan. So, maraming kaparaanan ang gagawin ng ating gobyerno. At itong tawag dito ay economics, no?
It refers to the effective management of scarce resources. To satisfy unlimited human wants and needs. So, kaka-effective management.
Kasi kailangan masatisfy natin yung pangangailangan ng mga tao. So, economic resources are also known as factors of production. So, resources used to produce goods and services. So, ano ba itong mga economic resources na ito?
Ito daw yung mga land, labor, and capital. So, These productions are necessary and these productions should be allocated properly. So, syempre, di ba yung mga lupa, hindi naman tumutubo yung lupa.
So, makakaroon talaga ng mga scarcity. Ang tanong kasi, anong gagawin ng gobyerno para masatisfied yung pangangailangan ng tao? So, first, let us know what do you mean by land, labor, and capital.
Ayan. So, I have this picture, ano pa itong economic resources na ito? Is it land, labor, or capital?
Sige nga, anong klase economic resources ito? Land, labor, or capital? Good morning, Bilolo.
Okay, ang tamang sagot ay, hindi na natin ang inyong mga sagot. Ayan, sabi ni Lizelle, letter B. Sabi ni Kimberly, letter B.
Nicole, letter B, yes. The correct answer is letter B. So, how does economics differ? Yes, very good. Sabi ni Princess, ay letter B din.
So, tama ang inyong mga sagot. So, how economics differ from other disciplines like biology and chemistry? Itong discipline na economics, ano kaya pinakaiba nito sa biology and chemistry?
Yes, good morning, Coronel. Ayan. Thus, economics theory and concept can be applied to real world situations.
So, pag natutunan daw natin yung mga theory and concept about economics, ito daw ba'y may a-apply sa totoong nangyayari sa ating araw-pang-araw-araw na pamumuhay? Okay, no? Why?
So, ano yung pagkakaiba na ikinabi? So, how it differ from biology and chemistry? Sabi dito, economic studies, human behavior, just like psychology and sociology.
And it studies society and how people behave and influence the world around them. So para lang daw psychology and sociology, pinag-aaralan daw kung paano yung mga tao ay namumuhay. That's why economic is a social science. So tandaan na economic daw isang social science o bahagi ng social science kasi pinag-aaralan yung mga behavior ng tao.
Next, the economic theory and concepts can be applied. To real world situations, and the answer is yes. Since economic studies human behavior, how people behave, its analysis requires the application of certain economic concepts and tools to understand various economic issues and problems.
So habang pinag-aaralan natin yung human behavior, how the people behave, so kailangan din natin mag-analysis. And we have to apply tools. Like, for example, yung paano ba, you're going to establish or you have to, your own business, no?
So, magkakaroon ka ng mga SWOT analysis dyan, ano? So, may mga tools na gagamitin. And that is economics become an applied economics.
So, may application na ngayon, no? So, merong dalawang branches ang economics. We have the macro and the micro economics. Ayan.
So ano kayong pagkakaiba nila? Macro. From the term macro, parang nai-imagine yun, parang malawak. When we say micro, parang maliit lang siya.
So tingnan natin kung anong ibig sabihin ng macro and micro economics. Sagutan nga natin ito. Sabi dito na, the branch of economics that is concerned with the overall performance of the entire economy.
So entire economy. So kapag ang economics, ang pag-aad ng economics, ay concerned, So, overall performance ng ating buong ekonomiya, ito ay macroeconomics. Focus on the overall flow of the goods and resources, expansion of productive capacity, and the growth of national income. So, tandaan na kasi mamaya may isang tanong patungkol dito.
So, next is microeconomics. So, branch of economics that is concerned with the behavior of individual entities such as the consumer, the producer, and the resource owner. It also studies the decision and choices of individual and focus on level of production, employment, and income.
So madaling salita, ang concern lang ng micro ay yung mga galaw ng mga individual, maaaring yung producer o yung nagpuproduce ng goods at yung mga consumer. So what branches of economics concerned more on? The flow of goods and services from firm to the consumer and how resources move from the resource owner to the business firm.
Tandaan na no? Anong branch ng economic kayo ito? Kasi ang pinag-aaralan lang o ang concerned lang niya kung paano gumagalaw yung mga produkto at servisyo magmula sa nagproduce ng produkto patungo doon sa consumer at paano itong mga produktong ito ay Nagpapasalin-salin na sa iba't ibang mga owners or consumer. Diyan lumalabas yung logistic.
Is it A, macroeconomics or B, microeconomics? Tingnan, ang sagot nila ay letter B. B, okay. B. And the answer is very good.
It's letter B. It's a microeconomics. Wali ala tas sa Ricola, sabi dito, microeconomics is concerned with the behavior of individual entities such as the consumer, the producer, and the resource owner.
Whereas macroeconomics concerned with the overall performance of the entire economy. So, since scarcity of resources is the central study of economics, it is necessary to allocate these resources properly. So, ang pinag-uusapan talaga natin dito is how these scarce resources should be allocated to a consumer or how to allocate or how these scarce resources be properly allocated. So, yun lang yung ating talagang central study ng economics na ito, no? So, una muna alamin natin ano ba yung mga basic economic problems ng society.
Ayan, one, what to produce and how much, how to produce and for whom to produce. So, how these questions can be answered? So, tatandaan natin sa economics, pag-aaralan natin, the proper allocations of the scarce resources. At ito yung mga problema daw, ano ba yung ipoproduce?
Magkano siya? Paano ipoproduce? At sino ang pagbibigyan?
Who are the consumers? So, how this question can be answered? Again, sabi it depends upon the nature of the economic system of that country. So, depende pa pala, anong sistem ang pang-ekonomiya?
Meron ng bansang yun. At may tatlo, traditional, command, and market economy. Itong topic na ito ay napag-aralan na natin nung tayo yung mga nasa junior high school. Kaya alam ko, parang nag-re-recall na lang po tayo ng mga timing na tinuro sa subject na economics. So, tingnan natin itong picture na ito.
Sabi dito, ito daw ay parang barter system. When you say barter system, ito ay palitan ng kalakalan. So, kung may problema sila pagdating sa mga resources, Ano daw yung ginagawa nila? Ayun, nagpapalitan sila.
Ito ba daw ba ay traditional? Ito ba ay command? O ito ba ay market economy? Sige nga, ito ba ay traditional? Ito ba ay command?
Ito pa ay market? Sige nga, sagotan nga natin. Hello, good morning, madam ba?
Ayan, arbitrario, good morning sa inyo. Sige nga. Ito ba ay traditional command o market?
Ayan. Okay. Ang tamang sagot ay traditional economy.
Decisions are based on traditions and practices passed from generations to generations. So, example yung mga primitive and backward civilizations, yung mga tribo and the practice. practice of barter in trading system.
Yun yung kanilang ginagawa. So, another picture na, ayan na, no? Ano kaya ito?
Traditional command or market economy. Halimbawa daw yung communist nation, no? Yun, sabi ni Earl, ito ay letter beads command, no? Okay. Ayan na, tinuturo niya.
Dun tayo sa direction na yun. So, traditional command or market. The correct answer ay, It's a command economy.
Tama si France. So, command economy is the authoritative system where in decision-making is centralized in the government or a planning committee. So, ito pumapasok yung mga dictatorial, socialist, and communist nation.
Okay. Next. Ayan.
So, hindi dito nakikialam ang government. This is based on demand. Ayan. So okay, sabi ni Rosemary Ocampa, command.
Okay, very good. So, and it is based on the demand and supply at hindi nakikialam ng gobyerno. And in this economic system ay merong open competition, madali kang mag-establish ng business mo at nagkakaroon ng mga product innovation.
Ano kaya ito? Traditional, command or market. Ayan.
Yes, good morning, Lorraine Garcia. Ayan. Good morning, Rosemary Ocampo.
So ano kaya? Ito no, traditional command or market. Okay, ano kaya ang sagot nila?
This is a market economy. Very good. So this is the most democratic form of government.
Decisions on what good to produce are determined based on demand and supply of prices and depends on... people, preferences and willing to pay in the market. So dito nakabase, no?
Ilan kaya yung kailangan ng tao, no? Ano yung demand ng mga tao? Magpuproduce ba ako ng shampoo?
Ano kaya yung klaseng shampoo? Nako, ito ay mga Pilipino, no? Ang buko nito ay kulay brown at mainit ang ating, siyempre, ang ating klima mainit, no? So kailangan yung mga hair nagdadry. Makapagproduce nga ng mga, what you call this?
Hindi ako magmimension ng brand. yung mga pampakintab ng buho. Ayan. So, ang tanong, magkano naman? Siyempre, i-base din natin, ano?
Ito kasi, ang sound ng mga tao ay minimum. Okay. So, ito lang talaga ang dapat ipresyo pagdating doon sa ipoproduce ko ang mga shampoo or conditioner. Ayan. Very good, no?
Sabi nagkawili, market economy. So, natatandaan nyo pa yung pinag-aralan nyo nung kayo ay nasa junior high school. Very good, mga bata.
Ayan. So, why do we need to study economics? So, bakit kinakailangan natin pag-aralan itong economics na ito?
A, will help the students to understand why there is a need to budget and allocate the use of whatever resources are available or to make rational decisions in spending money, saving part of it and even investing some of it. Why do we need to study? Or why do we need to study this so-called economics?
Is it A or B? The answer is both. So, it will help the students to understand. Matututunan natin na paano mag-budget.
Mag-allocate nung ating lamang pangangailangan at ano lang yung available. Ito lang yung sisahod natin. So, ito lang yung kakailanganin nating budgetin sa pang-araw-araw nating pangangailangan.
At yung matitira, we can save or we can invest. So, studying also economics helped us too. hindi na na. Another point is why we need to study this economics, lalo na sa ating mga katulad niyo, mga estudyante.
So ano ba yung kahalagahan nito? Diba, minsan may isip ka, ano kaya ito? Katulad namin, mag-aabroad na lang ba kami?
Kung magkano na kaya ngayon ang palitan ng mga dolyares? Ano na kaya nangyari sa ekonomiya ng gobyerno? So because of economics, it will help us to, of course, take a look on how The economy operates and decide for themselves if the government officials and leaders are effective in trying to shape up the economy and farm rates policies for the good of the nation.
So malalaman natin pag nag-a-al na pala tayo ng economics, ito pala natin malalaman, Aba, ito pala yung ginagawa ng gobyerno, ito pala yung mga formula, ano ba itong mga analysis na ito, ano ba itong mga normatives na ito. Pag-aaralan natin yan. Okay.
So, bago tayo tuloy yung magtapos ay magkaroon muna tayo ng pagsisiyasa. Choose the best latay that corresponds to the correct answer. Okay. One.
Which term refers to the effective management of SCA resources to satisfy unlimited human wants and needs? Is it A, B, or C? Refers to effective management of SCA resources. A, B, or C? Okay, yung sagot ni Lizelle I, economics.
Ayan. Good morning, Patrick Bigbig. Ayan, sagot ni Curl I, letter B.
So, the correct answer is letter B. Ayan. So, number two, which terms refers to limitations of resources? A. Scarcity, B. Shortage, and C.
Surplus. Ano kaya ito? Limitations of resources. Ang sagot nila ay, ang dami sumagot kanina ng letter B.
Si Sabang, Agkawili, o Campo. Ayan, tama po yung sagot ninyo kanina. It's about economics. Ngayon naman tanong natin, refers to limitations of resources. Is it scarcity, shortage, or surplus?
Okay, the correct answer is scarcity. So, scarcity means again limitedness which is used in the context of natural resources that can be reproduced but still scarce at a given point of time and the availability is limited. While the shortage on the other hand is a market phenomenon used for products and services which are not available in the required.
quantity. So, pag iscars talagang limited na, yung shortage, pwede pa siyang magawa ng paraan. So, halimbawa, nagkaroon ng bagyo. So, nagkakaroon ng shortage ng mga produkto, ng mga pagkain.
Pero, pag natapos naman yung bagyo, nakarecover na, ay magiging available na. Unlike yung iscars talaga. Halimbawa, yung lupa, yung mga natural resources, yung sa mga datat. Kapag ka tuloyan nang nawala yung ating natural resources. Wala na tayong mga isda.
So, anong mangyayari? Magkakaroon ng importations because of scarcity. So, third, which branch of economics is concerned with the overall performance of the entire economy? Is it A, macroeconomics?
B, microeconomics? Ayan. Overall performance?
Is it macroeconomics? Or is it a micro? Okay, the answer is letter A.
It's a macro economics. Ayan. So, congratulations.
Ayun, Rayala, letter A. Ayan. So, Alia, letter A.
Aunt Tiberius, letter A. Ayun, ano. Magagaling na mga bata. Okay, so shout-out sa umagang ito. Siya shout-out ko lang, ano.
Okay, good morning kailangan ka Willie Ocampo, Lorraine Garcia, Tupas and Hazania, yung mga hindi ko pa nababati kanyang umaga. And good morning sa lahat ng estudyante ng Collette High School at University of Caloocan at sa mga kaguruan ng Collette High School at iba't iba pa mang eskwelahan. Okay, so last week, hindi ko nabati itong mga ito, napapasadahan ko lang po ng mabilisan.
So ito po yung nire-recognize natin, ang most active school na madalas pong nanonood. Sa ito lang, we have the Collette High School, San Francisco High School, University of Caloocan, San Mariano National High School, STO Isabela, Aurora Senior High School, STO Isabela, Mulavi Vocational Technical School, Nampicoan National High School, SCI College, Quezon City. And the active teachers na madalas po sa ating nanonood since last quarter. Ito si Ma'am Maribeth Labasa ng STO Isabela and Ma'am Lourdes Pedro. We have family sa abugaan ng Kandari, STO Calamba.
Si Sir JB Andesan, na STO Quezon City. Sa ating mga excellent tutors na madalas nanonood, no? Medyo ngayon wala po sila kasi nagpalit na po tayo ng slot.
We had Mira, May Sir Briones, Princess Co. Grace Corazon, Zara Bilolo, Anyosa Urano, Lorenzo Caliao Ventura, Maestra Selungan Samporna, De La Cruz, Priyon Haname, Oki Kluan Caballo, Justin Vingal, Ryan Samporna, De La Cruz, and what else? Ayun. Of course, we want to say thank you to kay George Peparing, ating guest before sa Money Management for Kids. Ang bilisan, no?
Ayan, dito na po nagtatapos ang ating subject, ating online tutorial na Applied Economics. Sa ating reference, ito po yung mga ginamit ng libro. Okay, maraming maraming salamat po sa mga author, ang mga akda ng mga libro nito.
At gumagamit din po tayo ng website, no? Good morning sa inyong lahat. And before we end up this session, lagi po natin isa puso to, no? Give things with a grateful heart. I am Tutor Rose.
I am Tutor Mayan. At nasa kabila po si Tutor Rose. Para sa business planning.
Ayan. Next week po, makita kita po tayong mali sa Applied Economics. During Venice, alas 11 ng umaga hanggang alas 11 in medya ng umaga.
Ayan. At maraming maraming salamat for comments and suggestions. Email us. And then, panuorin po natin up next, Tutor Carol and Tutor Carmi.
with the fundamentals of accountancy 1 and tutors and tutormalos for the principles of accounting. Maraming maraming salamat mga duty. Maraming maraming salamat sa inyong lahat and good morning. Bye-bye!