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ACTIVITY 3 IN
APPLIED ECONOMICS
Differentiate economics as an Applied Science and as a Social Science. Write your answers in
the circle.
ACTIVITY 4 IN
APPLIED ECONOMICS
1. With the given economic questions, determine what is being referred to by the following
statements:
a. ____________________ Consider production possibilities and efficient use of
resources.
b. ____________________ Technology, human resources and both.
c. ____________________ Consider distribution of income.
2. The Pantawid Pamilyang Pilipino Program (4Ps) is a conditional cash transfer program
that aims to alleviate poverty. What are the positive and negative side of the program?