A Semi-Detailed Lesson Plan in EconomicsFOURTH YEARMeriam B. Dangcalan April 2, 2013 2:00 pmTeacher Date TimeI.
Answer the Essential Question posted;b.
Differentiate the Law of Demand and Law of Supply;c.
Plot a graph to show demand curve and supply curve.d.
Cooperate & share ideas with the group.
Lesson: Law of Demand and Law of SupplyReference: Principles of Economics, Roberto G. Medina, Rx Bookstore Inc.,Philippine Copyright, 2003, pp. 29-42Materials: Paper sheet, Paper strips, chalk & board
Post the Essential Questions ( let the students answer hypothetically &encourage to verify their answer at the end of the lesson )D.
Post the Unlocking keys; Discuss thoroughlyE.
Discuss the Unlocking keys
Discuss the Laws of Demand & Supply
Group the class into two: (Encourage them to cooperate & share ideas)GROUP A
Non Price Determinants of DemandGROUP B
Non Price Determinants of Supply
Have a short debate between two groups about the price.
Let the groups agreed specific price for a good/service.
Discuss Equilibrium, Shortage, and Surplus.