1. Give one example of the importance of applied economic application and give your own example.

2. Give other four causes of scarcity and explain briefly.

3. As a student, what will happen if Applied Economics doesn't exist?

4. What do you think is the biggest contribution of Applied Economics?

5. List down 5 resources that are scarce and give solution how to allocate and distribute it.

6. If you are the economic planner, how can you resolve unemployment?

Give at least 5 solutions and defend it