School Grade Level 11/12

DAILY LESSON LOG Teacher Learning Area APPLIED ECONOMICS

Department of Education Teaching Dates and Time WEEK 5 Quarter QUARTER 2
Session 1: Session 2: Session 3: Session 4:
I. OBJECTIVES
The learner demonstrates an understanding of…
A. Content Standards
various socioeconomic impacts of business on the following sectors: consumer, supplier and investors, government, households, and international trade.
The learners shall be able to …
B. Performance Standards conduct a socioeconomic impact study on consumers (new product and services); suppliers; investors (capital, income) government (tax revenues, poverty alleviation, basic
services); households (standard of living, employment) and international trade (exports and imports of goods and services) leading to options in venturing into a business.
Explain the effects of the various socio-economic factors affecting business and industry:
C. Learning  Describe socio-economic factors that impact business and industry.
Competencies/Objectives  Analyze effects of these factors on business and industry.
 Adapt to socio-economic changes to maintain competitiveness and growth.
II. CONTENT SOCIO-ECONOMIC FACTORS AFFECTING BUSINESS AND INDUSTRY (part 1)
III. LEARNING RESOURCES
A. References
1. TG’s Pages
2. LM’s Pages
3. Textbook’s Pages
B. Other Resources
IV. PROCEDURES
a. Ask the students to identify some
examples of socio-economic factors  Ask the students to recall the
a. Ask the students to recall the previous
that can impact businesses and concepts they learned in the previous
lesson's topic about the different
industries, based on their previous lesson about socio-economic factors
industries and their relevant business
1. Reviewing previous lesson or knowledge on the topic. that impact business and industry. Review and recall the previous lessons
principles.
presenting the new lesson b. Introduce the new lesson by  Explain that this lesson will focus on ready for the assessment.
b. Introduce the new topic about socio-
explaining that in this lesson, they how businesses can adapt to socio-
economic factors that impact business
will learn how to analyze the effects economic changes to remain
and industry.
of these factors on businesses and competitive and grow.
industries.
Explain that the purpose of the lesson is By the end of this lesson, students Discuss the importance of businesses
2. Establishing the purpose of the for the students to understand and describe should be able to analyze the effects of adapting to socio-economic changes to
lesson socio-economic factors that impact socio-economic factors on businesses remain relevant in their industry and to
business and industry. and industries. continue to grow.
3. Presenting examples/instances of  Show pictures or videos of businesses Provide real-life examples of how socio-  Show examples of businesses that
the new lesson affected by socio-economic factors economic factors affect businesses and have successfully adapted to socio-
such as natural disasters, economic industries, such as changes in consumer economic changes (e.g., companies
policies, and changing consumer behavior, government policies, that pivoted to online sales during the
behavior. economic growth, and market pandemic).
 Discuss with the students how these competition.  Discuss the benefits of being able to
factors impact the businesses and their adapt to socio-economic changes

4. Discussing new concepts and
practicing new skills #1
5. Discussing new concepts and
practicing new skills #2
6. Developing Mastery
7. Finding practical applications of
concepts and skills in daily
living
industries.
a. Define socio-economic factors and
explain its impact on businesses and
industries.
b. Discuss examples of socio-economic
factors that impact businesses such as
inflation, unemployment, and
government regulations.
c. Ask the students to provide real-life
examples of businesses affected by
these factors.
a. Discuss the different types of
industries such as agriculture,
manufacturing, and services.
b. Ask the students to identify socio-
economic factors that impact each
industry.
c. Group the students and ask them to
create a poster or presentation about a
specific industry and the socio-
economic factors that impact it.
a. Divide the students into groups and
give each group a socio-economic
factor to research and present.
b. After the presentations, ask the
students to provide feedback and ask
questions about the presented topics.
 Discuss with the students how socio-
economic factors affect their daily
lives.
 Ask the students to identify and
explain socio-economic factors that
a. Discuss the different ways socio-
economic factors can affect
businesses and industries, such as
increasing costs, changes in demand
and supply, changes in production,
and changes in business regulations.
b. Ask the students to work in pairs
and identify some specific examples
of businesses that were impacted by
socio-economic factors and explain
how these factors affected them.
a. Introduce the concept of SWOT
analysis (Strengths, Weaknesses,
Opportunities, and Threats), and
how it can be used to analyze the
effects of socio-economic factors on
businesses and industries.
b. Provide examples of how SWOT
analysis can be used to evaluate the
effects of socio-economic factors on
a business or industry.
c. Ask students to work in small
groups and conduct a SWOT
analysis of a business or industry
affected by socio-economic factors,
using the knowledge they acquired
from the lesson.
Ask students to think of how they can
use SWOT analysis to evaluate the
effects of socio-economic factors in
their personal lives, such as planning
their careers or starting a small business.
(e.g., increased revenue, expanded
customer base, improved reputation).
 Introduce the concept of SWOT
analysis (Strengths, Weaknesses,
Opportunities, and Threats).
 Explain how businesses can use
SWOT analysis to identify areas
where they can adapt to socio-
economic changes.
 Have students work in groups to
conduct a SWOT analysis of a local
business and identify areas where
they can adapt to socio-economic
changes.
 Introduce the concept of scenario
planning.
 Explain how scenario planning can
help businesses prepare for potential
socio-economic changes.
 Have students work in pairs to create
a scenario plan for a local business to
prepare for a potential socio-
economic change.
 Divide the class into groups.
 Assign each group a different socio-
economic change (e.g., economic
recession, technological disruption,
social trend).
 Have each group brainstorm ways
that businesses can adapt to their
assigned socio-economic change.
 Each group will present their ideas to
the class.
 Discuss how the concepts and skills
learned in this lesson can be applied
to students' future careers and
personal lives.
 Have students share their own

8. Generalizing and abstractions
about the lesson
9. Evaluating Learning
10. Additional Activities for
Application or Remediation
experiences of adapting to socio-
impact their families or communities.
economic changes.
Discuss the broader implications of
 Summarize the key concepts and ideas  Ask the students to reflect on what
analyzing the effects of socio-economic
discussed in the lesson. they learned in the lesson.
factors on businesses and industries,
 Ask the students to write a reflection  Discuss how the concepts and skills
such as understanding economic trends
on what they have learned and how it learned can be applied to different
and making informed decisions in
applies to their lives. situations and industries.
various fields.
The teacher will provide a quiz to assess
the learnings of the students for the whole
week.
A. Ask the students to research and
 Provide additional case studies or
present a case study of a business that
examples of how socio-economic
has successfully adapted to socio-
factors have affected businesses and
economic changes.
industries.
B. Provide additional readings or videos
 Encourage students to conduct
about socio-economic factors that
further research on the topic and
impact businesses and industries for
present their findings in class.
further learning

V. REFLECTION

A. No. of learners who earned 80%

in the evaluation.
B. No. of learners who require
additional activities for
remediation who scored below
80%.
C. Did the remedial lessons work?
No. of learners who have caught
up with the lesson.
D. No. of learners who continue to
require remediation.
E. Which of my teaching strategies
worked well? Why did this
work?
F. What difficulties did I encounter
which my principal or supervisor
can help me solve?
G. What innovation or localized
materials did I use/discover
which I wish to share with other
teachers?