Professional Documents
Culture Documents
World Economics
LEVEL:
Year II
TEACHERS:
ASSESSMENTS:
LEARNING MODULE:
CONTENT STANDARD:
Demonstrate understanding on the basic concepts on national economy as a means to improve the lives of other towards national progress
and development.
PERFORMANCE STANDARD:
Participates on projects and activities that promotes economic progress and development in the community and the nation.
UNIT CONTENT:
TYPE
ITEM
NOS.
18
1 2. The price to which trade could happen between Iran and UAE (Pe)
3 4. The quantity of oil that Iran and UAE can agree on (Qe)
5 6. The graph that represents the relationship of oil trade between Iran and UAE
(Equilibrium graph)
7 8. What will happen if Iran raises the price above the equilibrium? Explain.
1-2. Price Equilibrium (Pe)
7-8. Essay
9 15
9 10. Essay
11 12. Essay
After a short market study you made, you are able to identify a good price and its
projected demand. However, your classmates disagree with your market study and
suggest setting the price higher to make more profit.
Consider the given the demand schedule based on your study:
Price of
Bubble Tea
P15
P20
13 15. Essay: Is it wise to increase the price of Bubble Tea as suggested by your
friends? Support your answer in terms of the following: (3 points)
* Relationship of Price and Quantity demanded
* Responsiveness of the consumer to price change
* Type and nature of your product
13 15. Essay
10
UNDERSTANDING
- 30%
ESSENTIAL QUESTION,
ENDURING UNDERSTANDING
& FACETS OF UNDERSTANDING
TEST ITEMS
(Please indicate the type of assessment: S-Short Assessment, L-Long Assessment,
ET-End-Term Assessment, etc.)
TYPE
ITEM
NOS.