LT. COL SAMSON, LOU DOMINIQUE L. - CORPS COMMANDER
MAJ. HAGAD, MA. JOSEPHINE M. - S1 ADJUTANT
MAJ. GEVA, MARY NICOLE ANGELA S. - S2 INTELLIGENCE OFFICER
MAJ. FLORES, KRIZELLE JOY P. - S3 TRAINING OFFICER
MAJ. HOJILLA, NIECO CECILIO D. - S4 SUPPLY OFFICER
MAJ. YUSAY, CAMILLE THERESE C. - S5 FIELD OFFICER
CAPT. DE LA CRUZ, PELAGIO JR. F. - ALPHA COY COMMANDER
CAPT. JALANDO-ON, JANINE G. - BRAVO COY COMMANDER
1ST LT. KATALBAS, FIDEL JACOB I. - 1ST PLATOON ALPHA LEADER
2ND LT. DE LA PEÑA, JASPER T. - 1ST PLATOON ALPHA ASSISTANT LEADER
2ND LT. YAMBOT, CEDRIC JHEROME D. - 2ND PLATOON ALPHA LEADER
2ND LT. DANIEL, GLEN L. - 2ND PLATOON ALPHA ASSISTANT LEADER
2ND LT. CORTES, JONATHAN JAMES L. III - 3RD PLATOON ALPHA LEADER
2ND LT. D'SOUZA, LYLE MARTIN T. - 3RD PLATOON ALPHA ASSISTANT LEADER
2ND LT. CERASPE, KRYSTLE JUNE M. - 1ST PLATOON BRAVO LEADER
2ND LT. JIMENEZ, ALTHEA KRISTINE M. - 1ST PLATOON BRAVO ASSISTANT LEADER
2ND LT. LAS, CHARA SEMERA A. - 2ND PLATOON BRAVO LEADER
2ND LT. DELES, ALAINA CLARISSE - 2ND PLATOON BRAVO ASSISTANT LEADER
2ND LT. DELA PAZ, LOURDES BEATRIZ - 3RD PLATOON BRAVO LEADER
2ND LT. CHUA, MA. ANA FELIZ V. - 3RD PLATOON BRAVO ASSISTANT LEADER
2ND LT. SALDAJENO, JOSE GONZALO K. - COLOR OFFICER
2ND LT. HOFILEÑA, FRITZ STEVEN S - MEDICS
2ND LT. ESPAÑOLA, ELAIZA - MEDICS
2ND LT. GARINGANAO, JUSTIN JAMES V. - MP
2ND LT. BAYAWA, ANTHONY ISIDRO IV - MP
Thursday, June 28, 2007
Monday, June 25, 2007
Ekenomics Notes 1
Economics
"oikonomus" - management of the household; greek etymology
-work, expenses, allowances, budget
-solutions to the problems we encounter
-the way a country manages its affairs
-people's needs are met
-citizen's welfare
-identify causes and solutions to problems
a. Economics is ALLOCATION
-allocation of society's limited resources and wealth
-unlimited wants and needs
-how to obtain the most from these resources for the benefit of society
-study of the most effective means for society to maximize the use of it's limited resources
-satisfy the increasing needs and wants of citizens
-efficiency and optimization of benefits
b. Study of how people organize production and distribution of activities
-interactions among people in creating and utilizing wealth
-special emphasis on how wealth is distributed in society
-need to discover ways of expanding and multiplying resources
-progress of society
-finance, banking, capital, investment, trade, and others
c. Science of Choice
-study of how people and societies choose to use the imited resources that have alternative uses
-create different products
-distribute for present or future consumption
-analysis of costs and benefits of improving the pattern of allocation of these resources
Definitions revolve around interaction between people and environment in order to get the most benefit
"Economics is a science that studies the laws concerning the production and allocation of society's material needs. There are four areas of economics - production, exchange, distribution, and consumption
-How we live and make a living
-utilization of things for survival
-assurance for continuance of species
Economics is a livelihood issue
-What products will be made and at what quantity?
-Who will make these products?
-How will be these be made?
-How will the products be distributed or allocated?
Production
-relations in ownership of the means of production (Land, Labor, Capital)
-role of individuals in production process
-distribution of results
*forces of prodution - human labor, machinery, technology, and fruits of labor
WHY STUDY ECONOMICS?
-identify and learn different concepts, theories, principles, and policies that prevail
-contribute and take part in the development of the country and people
Economics as a social science
-scientific method in analysis
-systematic studies on society based on facts
-statement of problem, hypothesizing, gathering, analysis, and ordering data, and answering the problem
-dynamic subjects - people and society
Other sciences
-Math
-History
-Geography
-Sociology
-Political Science
-Philosophy
-Theology
There is no single way of viewing, analyzing, and examining things.
"A view is possible only from a standpoint"
TWO DIVISIONS
-Neoclassical
-Scientific Political
NEOCLASSICAL
-neo: new, classical:old
-"invisible hand"
Adam Smith
- Father of Modern Economics;
-"The Wealth of Nations" - book
-people's desires to profit or benefit from activities in society results to the common good, even if this were not their original intention
-concept of "market"
-laissez faire thought justifying capitalist liberty in business engagments with minimal government interference
-no natural order of things
-government - law and order, administration of justice, defense of society
David Ricardo
-no government intervention
-free trade
- "Principles of Economy and Taxation"
-labor theory of value - labor creates value
-distribution of wealth in a capitalist system
-division of income or product
-what one social class gets lessens the potential gains of another class
Economics was elevated as a distinct and separate social science through Smith and Ricardo
-"Classical Political Economy"
-capitalism is the most developed economic system achieved by societies
"Great Depression" - period of economic turmoil in US and Europe in the late 1920s to 1930s
Progress in technology
-competition among capitalists
-overproduction
-economy nosedived, prices soared, workers were laid off, poverty worsened
-"stagflation"
John Maynard Keynes
-"General Theory of Employment, Interest, and Money"
-governments play a direct and active role in the economy
-boost and lessen consumption and demand, depending on economic slump or growth
-maintain full employment for economic stability
-implement projects that create jobs
-"protectionism" - government protection of local industries and businesses through subsidies and support services
Neoliberalism
- role of government was only to maintain social order
-full play of the "Invisible Hand"
Prices are determined by forces of demand and supply
-supply>demand - high prices
-demand>supply - low prices
-equilibrium price - balance of supply and demand
Promotion of three policies
-LIBERALIZATION
-DEREGULATION
-PRIVATIZATION
SCIENTIFIC POLITICAL
-Karl Marx and Frederick Engel
-people and production
-before thinking of anything else, people need to survive and eke a living
-evolution of societies
-identifying roles producion relations and interaction of people with each other and their environment
-production relations facilitate further development of the forces of production
-if production hampers development of productive forces, contradictions will heighten
-leading to new system for new relations
Societies advance due to unending contradictions between relations and forces of production
-Changes are continuing processes since contradiction is always present
STAGES OF DEVELOPMENT
-primitive communal - shared labor
-private ownership
-feudal
-capitalism
SUMMARY
Economics is a science that studies the laws concerning production and allocation of society's material needs.
Four Areas - production, exchange, distribution, and consumption
Two views - neoclassical and scientific political
Neoclassical - free trade, limited government interference, "invisible hand"; Capitalism is the highest, most developed, and final stage in economic development
Scientific Political - status and power of individuals depends on how they relate with each other in production. Capitalism is only a stage in economic development
"oikonomus" - management of the household; greek etymology
-work, expenses, allowances, budget
-solutions to the problems we encounter
-the way a country manages its affairs
-people's needs are met
-citizen's welfare
-identify causes and solutions to problems
a. Economics is ALLOCATION
-allocation of society's limited resources and wealth
-unlimited wants and needs
-how to obtain the most from these resources for the benefit of society
-study of the most effective means for society to maximize the use of it's limited resources
-satisfy the increasing needs and wants of citizens
-efficiency and optimization of benefits
b. Study of how people organize production and distribution of activities
-interactions among people in creating and utilizing wealth
-special emphasis on how wealth is distributed in society
-need to discover ways of expanding and multiplying resources
-progress of society
-finance, banking, capital, investment, trade, and others
c. Science of Choice
-study of how people and societies choose to use the imited resources that have alternative uses
-create different products
-distribute for present or future consumption
-analysis of costs and benefits of improving the pattern of allocation of these resources
Definitions revolve around interaction between people and environment in order to get the most benefit
"Economics is a science that studies the laws concerning the production and allocation of society's material needs. There are four areas of economics - production, exchange, distribution, and consumption
-How we live and make a living
-utilization of things for survival
-assurance for continuance of species
Economics is a livelihood issue
-What products will be made and at what quantity?
-Who will make these products?
-How will be these be made?
-How will the products be distributed or allocated?
Production
-relations in ownership of the means of production (Land, Labor, Capital)
-role of individuals in production process
-distribution of results
*forces of prodution - human labor, machinery, technology, and fruits of labor
WHY STUDY ECONOMICS?
-identify and learn different concepts, theories, principles, and policies that prevail
-contribute and take part in the development of the country and people
Economics as a social science
-scientific method in analysis
-systematic studies on society based on facts
-statement of problem, hypothesizing, gathering, analysis, and ordering data, and answering the problem
-dynamic subjects - people and society
Other sciences
-Math
-History
-Geography
-Sociology
-Political Science
-Philosophy
-Theology
There is no single way of viewing, analyzing, and examining things.
"A view is possible only from a standpoint"
TWO DIVISIONS
-Neoclassical
-Scientific Political
NEOCLASSICAL
-neo: new, classical:old
-"invisible hand"
Adam Smith
- Father of Modern Economics;
-"The Wealth of Nations" - book
-people's desires to profit or benefit from activities in society results to the common good, even if this were not their original intention
-concept of "market"
-laissez faire thought justifying capitalist liberty in business engagments with minimal government interference
-no natural order of things
-government - law and order, administration of justice, defense of society
David Ricardo
-no government intervention
-free trade
- "Principles of Economy and Taxation"
-labor theory of value - labor creates value
-distribution of wealth in a capitalist system
-division of income or product
-what one social class gets lessens the potential gains of another class
Economics was elevated as a distinct and separate social science through Smith and Ricardo
-"Classical Political Economy"
-capitalism is the most developed economic system achieved by societies
"Great Depression" - period of economic turmoil in US and Europe in the late 1920s to 1930s
Progress in technology
-competition among capitalists
-overproduction
-economy nosedived, prices soared, workers were laid off, poverty worsened
-"stagflation"
John Maynard Keynes
-"General Theory of Employment, Interest, and Money"
-governments play a direct and active role in the economy
-boost and lessen consumption and demand, depending on economic slump or growth
-maintain full employment for economic stability
-implement projects that create jobs
-"protectionism" - government protection of local industries and businesses through subsidies and support services
Neoliberalism
- role of government was only to maintain social order
-full play of the "Invisible Hand"
Prices are determined by forces of demand and supply
-supply>demand - high prices
-demand>supply - low prices
-equilibrium price - balance of supply and demand
Promotion of three policies
-LIBERALIZATION
-DEREGULATION
-PRIVATIZATION
SCIENTIFIC POLITICAL
-Karl Marx and Frederick Engel
-people and production
-before thinking of anything else, people need to survive and eke a living
-evolution of societies
-identifying roles producion relations and interaction of people with each other and their environment
-production relations facilitate further development of the forces of production
-if production hampers development of productive forces, contradictions will heighten
-leading to new system for new relations
Societies advance due to unending contradictions between relations and forces of production
-Changes are continuing processes since contradiction is always present
STAGES OF DEVELOPMENT
-primitive communal - shared labor
-private ownership
-feudal
-capitalism
SUMMARY
Economics is a science that studies the laws concerning production and allocation of society's material needs.
Four Areas - production, exchange, distribution, and consumption
Two views - neoclassical and scientific political
Neoclassical - free trade, limited government interference, "invisible hand"; Capitalism is the highest, most developed, and final stage in economic development
Scientific Political - status and power of individuals depends on how they relate with each other in production. Capitalism is only a stage in economic development
First Post
Now this is where all notes will be going. 4th year is t3h sux.
Economics to be posted later
Economics to be posted later
Subscribe to:
Posts (Atom)