Study the following concepts. As a general guide, relate these concepts to the Philippine public or private sector experience and/or your work or personal experience.
Externalities
Opportunity costs
Production possibilities
Determinants of demand
Determinants of supply
Factor market
Product market
Market failure
State failure
Market fundamentalism
Marketization of society
Marketization of health
Marketization of higher education
Debureaucratization
Cola war
Milk wars
Genuine progress indicators
Utility economics
Health economics
Disaster economics
Forensic economics
Alternative and participatory economics
