Activity Sheet

ACTIVITY 2

Name: ABELON, DOROTHY ANNE M. Course/Year/Section: BSE-SS 2 Score: _________

Direction: The following fields of discipline are related to the study of economics. Cite how
each discipline may contribute knowledge in the study of Economics.

Example: DEMOGRAPHY the knowledge on the concerns of population helps in understanding

the country’s economic activities especially production which answers the basic economic
questions what, how much, and for whom goods and services are being produced.

1. GEOGRAPHY
2. MATHEMATICS
3. POLITICAL SCIENCE
4. ETHICS

ANSWERS:

  1. The location has a major impact on the country's economy and the growth of people's
incomes. For example, the people of Zambales have produced a lot of rice, which would help to
strengthen and increase the people's income once it is sold in the market. Because, as Filipinos,
we cannot deny that giving plays a significant role in people's daily lives. 

2. 2.Economists can make specific and positive claims utilizing math, which would be supported
by formulas, models, and graphs. Economists can study complex information and clarify
assumptions using mathematical disciplines such as algebra and calculus.

3. 3.In political science, it will help in the implementation and security of the country's economic
goals. It seems that it is up to them to give the country authority when it comes to the proper use
of resources.

4. It investigates how norms, virtues, and products or values influence economic behavior and
management. Ethical Economy views ethics as a technique of boosting trust and lowering
transaction costs for business success.
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