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Economics 9 Second Quarter

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This document covers all the topics of economics 9 of the second quarter.

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ECONOMICS NOTES | SECOND QUARTER .


URI NG PRODUKTO (BATAY SA UGNAYAN NG PRESYO
Ang salitang Ceteris Paribus ay nangangahulugang
AT QD)
ipinagpapalagay na ang presyo lamang ang salik na
nakaaapekto sa pagbabago ng quantity demanded,
NORMAL GOODS
habang ang ibang salik ay hindi nagbabago o
● Nakaayon sa law of demand
nakaaapekto rito.

GIFFEN GOODS
TYPES OF GOODS ● Robert Figgern
● Walang close substitute; necessity
PRIVATE GOODS
RIVAL VEBLEN GOODS
● Hindi pwede magkonsumo ng ● Thorstein Veblen
sapat ang mga tao ● Luxury
EXCLUDABLE ● Status Symbol
● Para lang sa may-ari
CONSPICUOUS CONSUMPTION
PUBLIC GOODS ● Conspicuous consumption is when
NON-RIVAL a person purchases a luxury
● the goods do not dwindle in product or expensive good that
supply as more people consume costs far more than is required to
them achieve its functional purpose. Ito
NON-EXCLUDABLE ay Kitang kita ng lahat
● means that the good is available
to all citizens. ANG KONSEPTO NG DEMAND

FREE-RIDER PROBLEM DEMAND SCHEDULE
● Lahat ay gusto gumamit. Pero di lahat naambag ● Tabular representation; Ang demand
schedule ay tumutukoy sa talaan na
DEMAND nagpapakita ng dami ng káya at gustong
● Dami ng produkto at serbisyo na gusto at kaya bilhin ng mámimíli sa iba’t ibang presyo
bilihin ng mga mamimili sa iba’t ibang presyo sa ng isang partikular ng produkto:
isang takdang panahon.
○ Binubuo ng quantity demand (Qd) DEMAND CURVE
● Ang demand curve ay isang graph na
QUANTITY DEMANDED nagpapakita ng iba’t ibang kombinasyon
● Dami ng produkto at serbisyo na handa at kayang ng mga presyo at ng quantity demand.
bilihin ng mga mamimili sa isang particular na Ito ang graphical representation ng isang
presyo sa isang particular na panahon demand schedule.
○ Presyo & Quantity Demanded
Ang law of Demand at presyo at the may inverse DEMAND FUNCTION
relationship ● Ang demand function ay tumutukoy sa
matematikong pagpapakita sa ugnayan
SUBSTITUTION EFFECT Ang substitution ng presyo at quantity demanded. Ang
● Kapag tumaas ang presyo ng effect at income equation as Qd = f (P). Ang Qd o quantity
produkto, hahanap ang effect ay ang demanded ay tumatayong dependent
mamimili ng ibang produkto dalawang variable, samantalang ang P o presyo
na hahalili konsepto na naman ay ang independent variable. Ang
● nagpapaliwanag isang pang paraan na nagpapakita ng
INCOME EFFECT kung bakit may equation ng demand function ay:
● Paghina ng purchasing power magkasalungat o Qd = a - bP
● kapag mababa ang presyo inverse na
ng produkto mas nagiging ugnayan presyo MARKET DEMAND
malaki ang kakayahan ng at demand ● Pinagsamasama ang lahat ng demand ng mga
kíta ng mámimíli na makabili mambibili
ng produkto.

Document information

School year
3
Uploaded on
February 11, 2024
Number of pages
3
Written in
2023/2024
Type
Class notes
Professor(s)
Franz joseph
Contains
All classes
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