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Fundamentals of Economics | 6 IV. Learning Task Name: Year & Sec: Score: Learning Task "0.: Lesson Title: Direction: Answer the questions briey. 1. Briey explain how you can apply economics in your daily life. (Guidelines: daily weekly allowance, time management, chosen school and course) 2. Make a short discussion of the state of the Philippine economy in this time of pandemic. Fundamentals of Economies | 7 V. Evaluation Name: Year & Sec: Score Evaluation lilo.: Lesson Title: Direction: Identication. Fill in the blanks. 1. It is a science that deals with the management of scarce rescurces. 2. Main problem in economics 3. The Greek word for economics. 4. It refers to economics \"as it is.\" 5. It refers for the creation of utility. 6. It is the branch of economics that studies the behaviour of the economy as whole. 7. Refers to the human effort exerted in the production. 8. It means justice and fairness 9. Refers to the type of economy wherein the production and distribution of commodities are owned and controlled by the government 10. Branch of economics concerned with individual decision making. Macroeconomics Fundamentals | 14 IV. Learning Task Name: Year & Sec: Score: Learning Task No.: Lesson Title: Part I. Make your own production possibilities frontier