THE FISHER VALLEY COLLEGE - TAGUIG CITY
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  • Course Syllabi
    • Accounting Internship
    • Civic Welfare Training Services 1
    • Economics with Land Reform and Taxation
    • Marketing Research
    • Philippine History with Government and Constitution
  • Assignments
    • Accounting Internship >
      • ASSIGNMENT NO. 1
      • ASSIGNMENT NO. 2
      • ASSIGNMENT NO. 3
      • ASSIGNMENT NO. 4
    • Civic Welfare Training Services 1 >
      • ASSIGNMENT NO. 1
      • ASSIGNMENT NO. 2
      • ASSIGNMENT NO. 3
      • ASSIGNMENT NO. 4
    • Economics with Land Reform and Taxation >
      • ASSIGNMENT NO. 1
      • ASSIGNMENT NO. 2
      • ASSIGNMENT NO. 3
      • ASSIGNMENT NO. 4
    • Marketing Research >
      • ASSIGNMENT NO. 1
      • ASSIGNMENT NO. 2
      • ASSIGNMENT NO. 3
      • ASSIGNMENT NO. 4
    • Philippine History with Government and Constitution >
      • ASSIGNMENT NO. 1
      • ASSIGNMENT NO. 2
      • ASSIGNMENT NO. 3
      • ASSIGNMENT NO. 4
  • 2014 Holidays
  • Activities
    • National Science and Technology Week 2014
    • Schedule of Sports Festival Day by Department
    • Seminar on Accounting in Real World: The Corporate Environment Issues, Structure and Challenges
    • Student Elections 2014
  • Links
    • Likert-Type Scale Items
    • NSTP Reviewer
    • Permission to Distribute Questionnaires
    • Sample Letter of Referral to the Company (Distribution of Questionnaires)
    • Sample Interview Questionnaire for a Government Official
    • Example of Marketing Plan
    • Standard Format of a Business Plan
    • Standard Format of a Title Page
  • Gallery
    • Marketing Research Title Defense
    • Accounting Internship Seminar
  • The Instructor
    • Local and International News >
      • A new domestic and international airport in Cagayan Valley to open by the end of 2014
      • Iglesia ni Cristo celebrates centennial anniversary
      • Forum on Senior High School Curriculum and General Assembly of Technical Vocational Schools
      • Gross domestic product per capita of the Philippines, 2010-2012
      • Pope Francis to visit the Philippines on January 2015
      • Second term for President Aquino, is it possible?
    • Articles >
      • Analysis of Data
      • Be generous with praise
      • Be thoughtful of the opnions of others
      • Building a strong family: a challenge to everyone
      • Choosing things you want requires sacrifice
      • Falling in love, how deept is it?
      • I Live to Live a Life
      • Interpretation of Data
      • Online advertising and its impact to revenue generation
      • President Aquino delivered his 5th State of the Nation Address (SONA)
      • Top Ten Trending Topics in Yahoo! Philippines
      • Presentation of Data
      • Should President Aquino be allowed to extend his term? Part 1 of 2
      • Should President Aquino be allowed to extend his term? Part 2 of 2
      • Student election process and its relevance to today's generation
      • The Three Branches of Government: The Executive Department
      • The Three Branches of Government: Legislative Department
      • What is the difference between consumer goods and capital goods?
      • What is the most popular social networking site in the Philippines?
      • What is your vision in life?
      • Why is saving important?
  • Final Grades

ASSIGNMENT NO. 2 IN ECONOMICS WITH LRT

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1. Write a SONA REACTION PAPER on the Fifth State of the Nation Address of President Benigno S. Aquino III. Follow the following guide and format.

Your reaction paper should consist of three parts: Synopsis, Analysis, and Reaction.

SYNOPSIS: This part of the essay includes a brief summary about the State of the Nation Address 2014. Details should include date and time SONA started, venue, number of attendees, etc.

ANALYSIS: In your analysis, focus on ECONOMIC CONCEPTS mentioned by the President such as labor and employment, investments, government savings and expenditures, etc.

REACTION: This part has something to do with your PERSONAL thoughts, feelings, and sentiments about the SONA. You may agree or disagree with points raised by the President.

2. When does market equilibrium happen and what does (P45, 150 kilos of rice as market equilibrium) mean?

3. What is the importance of studying elasticity of demand and supply for BOTH the consumers (households) and the suppliers (businessmen)?


4. Cite at least ONE PRODUCT OR SERVICE in our country where there is only ONE PLAYER or TWO or THREE COMPANIES that compete in that particular product or service. What do you observe in the price of the product and its quantity demanded and quantity supplied over time? Explain comprehensively.

5.
Scenario: You are the President of the Philippines. What is the most pressing, most urgent, and most important reform will you implement in the country given the available resources and political culture we have? Explain.



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