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Socio-Economic Impact
Analysis
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
• Start up
What do you think are the result of
technology to the environment?
What is the connection between the
society and economics?
As a future businessman, what is the most
necessary thing you must consider in doing a
business?
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
Objectives:
At the end of the chapter, the student would be
able to:
• Identify and explain the various socioeconomic
factors affecting business and industry
• Analyze and evaluate the viability of a business
and its impact on the community
• Formulate recommendations and strategies on
how to minimize and maximize a business’s
negative impact and positive impact, respectively
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
Firm
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
Factor Inputs
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
• Payment of taxes
– Taxes are paid at different levels of government from
the barangay level to the national government for the
conduct of business enterprise.
– Business permits, business taxes, municipal sales
taxes, and real estate taxes are paid at the local
government unit.
– However, value added tax, import duties, export taxes,
and income taxes including royalties are due to the
national government.
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
– Government consumption
• Government consumption refers to the product
disposition is a combination of household consumption
and purchase of capital goods by firms.
– Exports
• Not all outputs of firms or industries are disposed in
the domestic market. There are firms that sell a portion
of its output to the rest of the world as exports. In fact,
many firms located in special economic zones are
producing goods entirely for exports.
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
ACTIVITIES:
• Conduct a forum discussing the advantages
and disadvantages of establishing a industrial
plant in your community.
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
Quiz:
• As a senior high school, how can social impact
analysis affected your life?
ABM_AE12
APPLIED ECONOMICS
SOCIO-ECONOMIC IMPACT ANALYSIS
Reference:
• Tullao Jr., Tereso S. Applied Economics For A
Progressive Philippines. Phoenix Publishing House;
927 Quezon Ave., Quezon City. 2016
• Pagoso, Cristobal M. Philippine Economics (Macro
Approach). NELSON PUBLICATION; Marimar
Village Paranaque City. 2003
• Carnaje, Gideon P. Applied Economics. Vibal Group
Inc, Araneta Avenue, Quezon City. 2016
ABM_AE12