1 - The government brings the economy in equilibrium using different approaches.Its main purpose is to spur economic growth through taxes and government spending.

2 - There are different types of fiscal policies.What are the varying effects of these fiscal policies to the economy?

3 - What fiscal policy must the government implement during periods of recession?Explain how the policy should work to bring back economic equilibrium.

4 - People desire to have lots of money in their possession.Having lots of money on hand may be desirable for the individual but bad for the economy.

5 - What is the velocity of money? What is the relevance of this theory to the overall economy?

6 - Explain the shifts of money supply and demand for money. What do these conditions imply about the economic situation?

7 - What are the three forms of the demand for money? How do these forms individually affect the economy?

8 - Explain the tools that the Bangko Sentral ng Pilipinas (BSP) use to control money supply.Why does BSP have to control money supply?

9 - What is the relationship of money supply to inflation? Illustrate this relationship.

10 - Differentiate the types of inflation. When are they likely to occur?

11 - Differentiate the types of unemployment. Provide examples of each of their conditions.

12 - When is an individual underemployed? Differentiate its types.

13 - What is the relationship between labor, unemployment, and inflation?

14 - What are the reasons why there is inflation? How about hyperinflation?What should the government do to correct hyperinflation?