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A. What is the systems approach all about as mentioned in the aforecited reference?, Study notes of Global Economics

The system approaches all about as mentioned in a forecited reference. That system is constantly evolving Neither, in nor Converging towards A steady state

Typology: Study notes

2021/2022

Available from 05/02/2022

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Banzalan, Kathleen Joy S. 1-FS1
A. What is the systems approach all about as mentioned in the aforecited reference?
The system approaches all about as mentioned in a forecited reference. That system
is constantly evolving Neither, in nor Converging towards A steady state. But the
prediction cannot be based on extrapolation from past or analysis of the behavior of an
isolated individual. A paradigm or perspective that emphasizes the big picture rather
than a single component, awareness of the larger context, appreciation for interactions
among different components, and transdisciplinary thinking.
B. How could it be utilized in aiding one’s understanding and analysis of global
challenges and problems?
To utilize and to understand and analysis of the global challenges and problems.
First, we need to make sure that we are aware of what's happening around us. We must
know about global issues and how we face them. We also need the solution for the
global challenges. Also, there's a phenomenon that evolves but which thought of as
being governed by some basic underlying laws. In this case, the new paradigm is more
about competition and cooperation than some conflicts between them.
C. Can the system approach be applied in other areas of concern aside from
economics? Explain.
Yes, it can be applied to some areas we are concerned about aside from
economics. It maybe not helps in economics. But it helps with other areas that we
are concerned about it. For example, global health and environmental issues. These
two-need attention because we lack to provide their needs to be better.

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Banzalan, Kathleen Joy S. 1 - FS A. What is the systems approach all about as mentioned in the aforecited reference? The system approaches all about as mentioned in a forecited reference. That system is constantly evolving Neither, in nor Converging towards A steady state. But the prediction cannot be based on extrapolation from past or analysis of the behavior of an isolated individual. A paradigm or perspective that emphasizes the big picture rather than a single component, awareness of the larger context, appreciation for interactions among different components, and transdisciplinary thinking. B. How could it be utilized in aiding one’s understanding and analysis of global challenges and problems? To utilize and to understand and analysis of the global challenges and problems. First, we need to make sure that we are aware of what's happening around us. We must know about global issues and how we face them. We also need the solution for the global challenges. Also, there's a phenomenon that evolves but which thought of as being governed by some basic underlying laws. In this case, the new paradigm is more about competition and cooperation than some conflicts between them. C. Can the system approach be applied in other areas of concern aside from economics? Explain. Yes, it can be applied to some areas we are concerned about aside from economics. It maybe not helps in economics. But it helps with other areas that we are concerned about it. For example, global health and environmental issues. These two-need attention because we lack to provide their needs to be better.