GUIDELINES FOR THE NARRATIVE PAPER

 Analyze and answer the questions given below. Please note that these questions are just guide questions,
therefore, you do not have to type and include it on your narrative paper.
 Save your file with a file name format:
SURNAME – NARRATIVE1
FOR EXAMPLE: IBAY – NARRATIVE1
 Send your paper on our Schoology account via private messaging on or before February 25, 2019 at
10:00pm.
 This is an individual work. Thus, I expect everyone to submit their paper.
 Minimum of one whole page of paper and maximum of two pages.

GUIDE QUESTIONS
INTRODUCTION
 Define economics as a social science and an applied science.
DISCUSSION
 Why is economics deeply rooted in the concept of scarcity?
 In what way is applied economics important (use the concepts that were discussed in the previous
lessons) in tackling economic issues or problems in the country? Give specific examples.
CONCLUSION
 Why do we need to study economics?