School NORALA NATIONAL Grade Level XII

HIGH SCHOOL
Teacher Learning Applied Economics
DAILY LESSON PLAN Jonavic C. Deocariza Area
Teaching Date &
Time March 14, 2023 Quarter Third (3rd )
7:40 A.M-8:40 A.M
l. OBJECTIVES
A. Content Standards The learners demonstrate an understanding of the law of demand and supply and factors affecting the economic situation

B. Performance Standard The learners shall be able to conduct a survey of current economic situation within the vicinity.
C. Essential Learning
Competency
Define Nonstate Institutions.
D. Objective/s 2. Differentiate institution between organization.
3. Discuss the Important role of Nonstate Institutions in our Society.
Define Nonstate Institutions.
2. Differentiate institution between organization.
3. Discuss the Important role of Nonstate Institutions in our Society.
Define Nonstate Institutions.
2. Differentiate institution between organization.
3. Discuss the Important role of Nonstate Institutions in our Society.
Define Nonstate Institutions.
2. Differentiate institution between organization.
3. Discuss the Important role of Nonstate Institutions in our Society.
At the end of the lesson, the learners should be able to:
1. Explain the law of supply and demand, and how the equilibrium price and quantity are determined (ABM_AE12-Ie-h-4)
1.1 define what supply, demand and equilibrium
1.2 illustrate and explain the law of supply and demand
1.3 specify how the equilibrium price and quantity are determined
2. Discuss and explain in differentiated activity the importance of factors affecting demand and supply ( ABM_AE12-Ie-h-5)
ll. CONTENT
Topic Demonstrate an understanding of the law of demand and supply
Key Concepts Evaluate the performance of demand and supply
Pre-requisites Skills Knowing the importance of the demand and supply in the country
ll. LEARNING
RESOURCES
A. Reference Applied Economics module, Garcia EdD, C.D. (2015)
1.Teacher’s Guide
 2.Learner’s Material
3.Textbook Page/s Principles of economics by Alfred Marshall vol1.3rd edition p178-182
4.Additional Materials
from Learning (LR) Portal
B. Other Learning Resources
1. Websites (n.d.). Retrieved from https://www.slideshare.net
2. Books/ Journals
C. Materials PowerPoint presentation, video presentation, ballpen, paper, TV, Laptop, chalk and board
lV. PROCEDURE
A. Prayer
PRELIMINARY B. Greetings
ACTIVITIES C. Checking of Attendance
D. Setting of Standards/ Classroom rules

E. Review Review on the basic economic problems in country

A.

F. Motivation The teacher teachers will present video about Non state Institutions (Banks, International Organizations etc.)
( Integration of numeracy thru the list of banks and international organization and the percentage of their contribution to
the country)
The teacher teachers will present video about Non state Institutions (Banks, International Organizations etc.)
( Integration of numeracy thru the list of banks and international organization and the percentage of their contribution to
the country)
The teacher teachers will present video about Non state Institutions (Banks, International Organizations etc.)
( Integration of numeracy thru the list of banks and international organization and the percentage of their contribution to
the country)
The teacher teachers will present video about Non state Institutions (Banks, International Organizations etc.)
( Integration of numeracy thru the list of banks and international organization and the percentage of their contribution to
the country)
GROUP ACTIVIT: Divide the class into 2 groups ( English Integration)
Direction: Let the learners give examples of the basic economic problems in our country
Introduced to the students the concept of demand and supply.
1st group
A. Professional Athletes: Ask the students “ How much do you think is a superstar in the NBA ( such as Lebron James, Kyrie, Kevin Duran) paid
compared to an average players (Mathematics Integration)
B. “Which costs more, stone or diamonds?
C. Goods or commodities. “which is more expensive, brown rice or white rice?
Guide Question:
Ask students why they think some items more expensive than others?
2 group
nd
  Tell students the following story about construction nails, Long ago, when houses made of wood were first being built, nails were very expensive
It seems funny to us today, but it’s true. Each nail had to be made by hand, pounded into shape by a blacksmith. Though it wasn’t difficult. It
took time. Even a good blacksmith wouldn’t be able to make more than few hundred nails in an entire day. On the other hand, there are machines
today that can manufacture thousands of nails an hour. Because they are so much easier to acquire now- that is, because there is a greater supply
of nails the price has dropped substantially.
 Guide question :
Ask the students what is their implication about the story?

G. ACTIVITY Activity
INQUIRY-BASED APPROACH ( Indirect Instruction Strategy )
The teacher will ask the students to watch a video given to them. The students will be asked to discuss within one another
what they have observed with 10 minutes. With the used of meta cards the student will going to write down their
observation. The leaders will then collect and consolidate and present it in in class. Each group will be given 3 minutes to
present.
Discuss the Nonstate Institution in creative manner.
Group 1- Banks and Corporation (News Report)
Group 2- Cooperatives and Trade unions (Infomercial)
Group 3- Transnational advocacy group (radio broadcasting)
Group 4 – Development agency and international organization (Picture Freeze)
(GROUP ACTIVITY PICTURE ANALYSIS) 3 GROUPS Every group should present their work. ( 5 MINUTES TO ANSWER THEIR TASK)
(Arts Integration)
.Each group should interpret the pictures according to their own perspective.

Answer the following questions:

1. Describe what can you see in the picture?
2. What do you think the two pictures portray?

H. ANALYSIS What is the meaning of demand ?

What is the meaning of supply?
Why it is important to study the demand and supply in the Philippines?
How is equilibrium price demand?
I. ASSIMILATION After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
 What are the duties and responsibilities of the state to its people?
After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.

What are the duties and responsibilities of the state to its people?
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Directions: After learning about non-state institutions and their contributions to an
individual’s development and the community in general, write something about
yourself and your community by completing the phrases below.
Discuss the law and supply and demand, how the equilibrium price and quantity are determined and factors affecting it (ICT Integration)
J. APPLICATION GROUP ACTIVITY : 3 GROUPS ( 5 MINUTES TO ANSWER THE ACTIVITIES) ( MAPEH Integration)
Divide the class into 3 groups, each group will present a short play that will portray how law and demand and supply happened in their everyday lives.
V. EVALUATION INDIVIDUAL ACTIVITY (ESSAY) 5 MINUTES TO ANSWER THE QUESTION) English Integration

Rubrics for Essay

Content 5 pts
Vocabulary/ Word Choice 5 pts
Structure/Logic And transition 5 pts
Total 15 pts
1. A new toy has just come out and everyone wants to own one. Unfortunately, the store only has a few to sell right now.
 Is the supply high or low?
Is the demand high or low?
Do you think the price will be high or low? Why?
Vl. REFLECTION
Number of learners who earned 80% in
the evaluation
Number of learners who require
additional activities for remediation
who scored below 80%
Did the remedial lessons work?
Number of learners who have caught
up with the lesson
Number of learners who continue to
require remediation
Which of my teaching strategies
worked well? Why did this work?
What difficulties did I encounter which
my principal or superior can help me
solve?
What innovations or localized materials
did I use/ discover which I wish to
share with other teachers?