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Basic Economic with Taxation (EA110)


Description
1.Have a clear insight of economic concepts, principles, and variables significant in the understanding of the performance of the economy,2.Understand the economic behaviors of the different economic units such as the consumers, firms, government, and foreign sector.3.Solve mathematical problems as applications to economic concepts and/or theories.4..Appreciate events in economic history and understand how the present-day system of economic came to be.5.Learn the ways in which the economics explain the activities of man through its tools, models, principles and standards.6.Make use of production and consumption concepts in business endeavors or simply in understanding people’s economic behavior.7.Manage economic and financial affairs; thereby, achieving a good standard of living for ourselves, our families and our nation.8.Understand government’s functions in economics and choose leaders who are economically sensible.9.Understand what is happening in the economy of the Philippines and the world and know how nationwide and worldwide economic policies and events affect us all.
Content
  • syllabus
  • Basic Economics With Taxation And Agrarian Reform boa
  • Concepts of Taxation
  • Taxation
  • Types of Taxes
  • National taxes
  • Introduction to taxation
  • Progressive and regressive taxes
  • Income tax-ppt
  • Tax
  • Basic Economic Concepts
  • Principles of Taxation
  • How to calculate Excise Tax and determine Who Bears the Burden of the Tax
  • Taxation and dead weight loss
  • Basics of US income tax rate schedule
  • Taxes and perfectly inelastic demand
  • Calculating state taxes and take home pay
  • Identifying tax incidence in a graph
  • https://www.youtube.com/watch?v=1-8O5AHIb6s
  • Production possibilities frontier
  • Opportunity Cost
  • Economic models | Basic economics concepts
  • Command and market economies | Basic economics concepts
  • Optimal decision-making and opportunity costs
  • Economic vs. Accounting Profit
  • Market equilibrium | Supply, demand, and market equilibrium
  • Types of Economic Systems
  • What is a Mixed Economy?
  • Normative and positive statements | Basic economics concepts
  • Normative vs. Positive Economics
  • Allocative efficiency and marginal benefit
  • Circular flow of income and expenditures
  • Graphs of linear equations | Linear equations and functions
  • Introduction to graphing inequalities | Two-variable linear inequalities
  • Interpreting graphs of proportional relationships
  • Recognizing linear functions | Linear equations and functions
  • ASSIGNMENT
  • FINAL EXAM
Completion rules
  • All units must be completed