Professional Documents
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Subject:
Topic:
Name:
Due Date:
Learning Competencies:
Examine the utility and application of applied economics to solve economic issues and problems
Instruction: Your task is to choose one (1) socioeconomic challenge and identify the causes and effects.
Reflect and analyze how Applied Economics help resolving the socioeconomic challenge you have identified.
● The justice system suffers from a lack of human resources; there are not enough judges and public attorneys
to handle cases which results backlog and penal facilities throughout the country are congested.
● Crime in urban areas, the illegal drug trade, and human trafficking are major concerns for the
police force.
Tel. No. (088) 858-4086, 858-4093 to 95, (8822) 72-7044, 71-4253 PABX local (President) – 112 & 126, (Registrar) – 109
Tel. Fax No. (01163) (088) 858-3123 (8822) 72-7044, 71-4253 local 111 [email: inquiries@liceo.edu.ph [website: www.liceo.edu.ph)
Liceo de Cagayan University
Senior High School Department
RNP Boulevard, Kauswagan, Cagayan de Oro City
Discuss how this socioeconomic challenge affect the economic development of the country
If corruption remains in the government, it will have an impact on or become a hindrance to the country's
development. The government should also tighten security and focus on other issues facing the country, such
as urban crime, the illegal drug trade, and so on.
By providing information, applied economics aids in the resolution of this socioeconomic challenge. Applied
economics also helps us in understanding the causes and effects of this socioeconomic challenge and provides
solutions to the problem.
Tel. No. (088) 858-4086, 858-4093 to 95, (8822) 72-7044, 71-4253 PABX local (President) – 112 & 126, (Registrar) – 109
Tel. Fax No. (01163) (088) 858-3123 (8822) 72-7044, 71-4253 local 111 [email: inquiries@liceo.edu.ph [website: www.liceo.edu.ph)