Bizonomics

Bizonomics

Bizonomics is the go-to destination for enriching your understanding of business economics.

18/06/2024

Monopolistic competition is a market structure characterized by many firms offering similar but differentiated products. Watch more!

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18/06/2024

A pure monopoly is a market structure where a single firm is the sole provider of a product or service with no close substitutes. This firm dominates the market and has significant control over the price and quantity of the product.

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18/06/2024

In pure competition, firms maximize profit by producing where marginal cost equals marginal revenue. In the long run, economic profits tend to be zero due to the free entry and exit of firms, leading to an efficient allocation of resources. Watch the video to learn more.

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13/06/2024

Regular CSSD Extension Meeting attended by faculty from Economics, Psychology, Sociology, History, and Cooperative Departments.

Pres. Marcos Jr. signs law creating Negros Island region 13/06/2024

President Ferdinand Marcos Jr. on Thursday, June 13, signed the Negros Island Region Act, placing Negros Occidental, Negros Oriental and Siquijor in one region.

Pres. Marcos Jr. signs law creating Negros Island region President Ferdinand Marcos Jr. on Thursday, June 13, signed the Negros Island Region Act, placing Negros Occidental, Negros Oriental and Siquijor in one regi...

Photos from Bizonomics's post 07/06/2024

Attended the training on AI integration for innovative teaching, June 6, 2024.

Photos from Bizonomics's post 05/06/2024

CSSD thesis advisers meeting with the OVPRED held at Grant-Thornton function room, June 5, 2024.

05/06/2024

The thesis consultation with Mr. Danilo C. Relosa, an MBA candidate, has been productive, resulting in improvements to his conceptual framework, statement of the problem, related literature, and research methodology.

04/06/2024

The 5th econometric lecture by Dr. Evan Lau on dealing with the multicollinearity problem has inspired our economics major students to build models useful for policy formulation and forecasting.

04/06/2024

📢 CALL FOR PAPERS AND SESSIONS

We are NOW ACCEPTING paper abstracts and session proposals for the 62nd Annual Meeting and Conference on 7-8 November 2024 at the Novotel Manila Araneta City! The theme is "Traversing Innovative Pathways for Economic Resilience, Inclusion, and Localization in the Philippines." Please visit the conference portal for instructions on submission of abstracts and proposals: https://economicsph.org/pes62

The theme mirrors the nation's aspirations and forward momentum. It seeks to explore transformative strategies aimed at propelling the nation towards sustainable development, prosperity, and upper-middle-income status. Local economic development is a critical strategy to enhance innovative solutions to address economic challenges and promote resilience, inclusion, and localization. With increased devolution of powers and resources, LGUs have the autonomy to implement tailored strategies that cater to local needs, thereby driving inclusive growth and fostering economic resilience.

All breakout sessions of the 62nd PES Annual Meeting and Conference will be held on-site at the Novotel Manila Araneta City. The deadline for submission of paper abstracts and session proposals is on 31 July 2024.

Conference registration is NOW OPEN as well through https://economicsph.org/pes62

See you all in November!

31/05/2024

Dr. Evan Lau's 4th Econometrics lecture delves into multiple regression models, violations of OLS assumptions, and their remedies.

Photos from Bizonomics's post 31/05/2024

Proctored in the MBA Comprehensive Examination, May 31, 2024, 9am-12nn at Hasmin Hostel.

Photos from Bizonomics's post 28/05/2024

The DLSU School of Economics in collaboration with the School of Lifelong Learning

invites everyone to

Economic Briefing on The State of the Philippine Economy: Is the Glass Half Full or Half Empty?

July 8, 2024

The De La Salle Economic Briefing on The State of the Philippine Economy, organized by School of Economics of De La Salle University, will analyze the challenges that the economy faces in both the short and the long run. After recovering from COVID-19, the Philippines seems to have returned to a positive growth path.

Yet, growth in 2023 at 5.5%, was the slowest in the last decade (except for 2020) and below the target of the Philippine Development Plan 2023-2028 (PDP) of 6-7%.

The PDP’s target for 2024 is 6.5-8%. However, the government has lowered the target to 6.5-7.5% growth this year, and it has recently signaled the need to temper the outlook amid a weaker-than-expected global economy, so the target seems to be 6-7%.

The government nevertheless maintains the objective to attain upper-middle income status (that is, reach US $4,256 GNI per capita) in 2025.

In the eyes of the government, a low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower deficit and debt as a share of gross domestic product, and an increasingly dynamic, innovative, and competitive economy, will contribute to attaining the growth target.

How will the Philippine economy perform in the short and medium terms? What are the major domestic and international constraints it faces?

The De La Salle Economic Briefing will discuss the recent performance of the Philippine economy as well as medium and long-term issues.

Topics to be discussed include short and long-run growth, inflation, fiscal consolidation, investment, the Philippine Development Plan, and the international scenario, among others.

*This event is open for everyone

Registration: https://forms.gle/CXSrvg6ahsDzLRJb6
Venue: Makati Diamond Hotel (Lunch will be served)

Rate:
Regular – P10,000.00

Group discount (minimum of 2 for the 1st 25 participants) – P5,000.00

Individual discounted rate (1st 25 participants) – P6,000.00

Link to the brochure:
https://bit.ly/4assji0

27/05/2024

Important advisory!

How to write an abstract 25/05/2024

Getting Published : How to write a scientific abstract
Publisher: Tayor & Francis Online
Find Full-Text: https://www.tandfonline.com/doi/abs/10.1002/edn.93?utm_content=buffer2e649&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&fbclid=IwZXh0bgNhZW0CMTEAAR2bkgWGhaSad7ZT3oDz1j3kLLAbCAjK_KuFd134iTL_oGtnXQpFblu2y2I_aem_AeOnB7TIOpfjArlzYNbtrxFzkJvlu_Vcy5F8P__stIzAMsndl_3PS_cgWMgQYz7GbKdgYZn8ib3XOA7DulBEjap7

How to write an abstract Since the abstracts of original papers are one of their most frequently read and most easily accessible elements, they should be as informative and accurate as possible. It is therefore worrying th...

The Future of Work 24/05/2024

𝐒𝐨𝐜𝐢𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐈𝐬𝐬𝐮𝐞 𝐨𝐧 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐖𝐨𝐫𝐤
Work environments have considerably evolved over recent years. The COVID-19 pandemic has transformed the work culture, with some physical offices closing down and remote work arrangements becoming the new norm. This shift has led workers to rethink traditional office setups and explore the opportunities offered by online platform work.

Generation Z, also known as Gen Z, embodies the emerging workforce and is poised to shape the future of employment. Born between 1997 and 2012, many Gen Zs have entered the workforce, bringing with them unique skills and qualities. Many are tech-savvy and skilled at multitasking, seamlessly managing multiple apps on their mobile devices. They embrace technology and innovation, often using them to their advantage.

A wealth of studies related to it are available in SERP-P.
Read our latest article about it here:

The Future of Work Work environments have considerably evolved over recent years. The COVID-19 pandemic has transformed the work culture, with some physical offices clos

20/05/2024
09/05/2024

THE PHILIPPINE jobless rate jumped to a two-month high in March as inflation and an El Niño-induced dry spell limited economic output.

09/05/2024

GDP Expands by 5.7 Percent in the First Quarter of 2024

07/05/2024

Enjoyed our meeting in Basic Microeconomics class today. Your creativity made the presentation more engaging and enriched our lecture. Thank you, BSBAHRM 2-3N!

06/05/2024

We are pleased to announce that the 62nd Annual Meeting and Conference of the Philippine Economic Society will be held on 7-8 November 2024 at the Novotel Manila Araneta City. This year's conference theme is "Traversing Innovative Pathways for Economic Resilience, Inclusion, and Localization in the Philippines."

Stay tuned for more announcements in the coming days!

06/05/2024

The rising heat index and its impact on farm production, the behavior of Filipino consumers, and inflation.
-based learning
-centeredinstruction

Photos from Bizonomics's post 06/05/2024

In attendance during the flag raising ceremony this morning at PUP grounds.

05/05/2024

Verse of the Day

03/05/2024

📢 𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡𝐞𝐫𝐬, 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫𝐬, 𝐚𝐧𝐝 𝐞𝐝𝐮𝐜𝐚𝐭𝐨𝐫𝐬!

The Commission on Higher Education (CHED) is thrilled to announce the opening of grant applications for the Research, Innovation, and Extension Grants-In-Aid Program for 2025 funding!

Join us in building a strategic portfolio that fosters collaboration and disruptive ideas. Let's work together to make a tangible impact on individuals, families, and communities!

Submit your proposals and be a catalyst for change! Learn more about eligibility and application details on the CHED website: https://ched.gov.ph/call-for-proposals/.

Videos (show all)

Monopolistic competition is a market structure characterized by many firms offering similar but differentiated products....
A pure monopoly is a market structure where a single firm is the sole provider of a product or service with no close sub...
In pure competition, firms maximize profit by producing where marginal cost equals marginal revenue. In the long run, ec...
The 5th econometric lecture by Dr. Evan Lau on dealing with the multicollinearity problem has inspired our economics maj...
Dr. Evan Lau's 4th Econometrics lecture delves into multiple regression models, violations of OLS assumptions, and their...
Enjoyed our meeting in Basic Microeconomics class today. Your creativity made the presentation more engaging and enriche...
The rising heat index and its impact on farm production, the behavior of Filipino consumers, and inflation.#yestoproject...
The rising heat index and its impact on farm production, the behavior of Filipino consumers, and inflation.#yestoproject...
Economics Exploration#yestoproject-based learning#yestostudent-centeredinstruction
Dr. Evan Lau, DE VSL, has the passion for unveiling the beauty and complexity of economic relationships through data. It...
Why Singapore is so rich? A Podcast!#yestoproject-based learning#yestostudent-centeredinstruction
Economic Theories 101#yestoproject-based learning#yestostudent-centeredinstruction

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