Lesson Plan in Applied Economics
DLP No. 1 Learning Area: Applied Economics Grade Level: 12 Duration: 1 hour
Date: August 22, 2022
Learning Competency/ies: Establishing rapport Code:
Key Concepts/Understanding to be develop Getting to know each Other
Objectives: 1. Establishing rapport.
2. Identify the basic profile of the students.
3. Express enthusiasm in meeting students-teacher face-to-face
Content: 4. Getting to know
Learning Resources: Strips of paper, pen, and tape
Procedures:
A. Introductory Prayer
Activity Welcoming the students
Teacher introduces herself to the students
B. Activity Tell Me Please!
Ask the students to introduce himself/herself with the following:
Name, age, address, and the adjective that start with the letter of her/his first
name.
C. Analysis: Process Questions:
1. What is the essence of knowing each other?
2. What is the purpose of asking you to describe yourself with an adjective?
D. Abstraction: Discuss students and teacher expectation of the subject matter.
E. Application: Conduct a small group discussion on the scheme of coping with the performance
as expected of a student.
F. Assessment: Present the result of the discussion in at least 3 to 5 sentences.
G. Assignment: What is internet marketing on social media.
Wrap-up: Knowing is the start of unlocking simplicity. Anonymous
Prepared by: Checked by:
JOY GRACE O. JARA MA. EDEN P. MACARAMPAT
Teacher III Principal II
Lesson Plan in Applied Economics
DLP No. 2 Learning Area: Applied Economics Grade Level: 12 Duration: 1 hour
Date: August 23, 2022
Learning Competency/ies: Taken from MELCS Code:
Objectives: The learners should be able to:
1. Define the basic terms in applied economics.
2. Identify the basic economic problems in the economy.
3. Explain how applied economics can be used to solve economic problems.
Content: Basic Applied Economic Terms
Learning Resources: Module 1
https://www.investopedia.com/terms/a/applied-economics.asp
Procedures:
H. Introductory Prayer
Activity Motivation:
The teacher will let her learners explain the current status of their lives or family
(poor, moderate, rich) they should explain their answer.
I. Activity Teacher presents Php500 bill to the class. The learners answer the following
questions:
1. Given this amount of money what will you buy with it?
The teacher elicits the learners answer and asked whether their answers
are almost the same with each other.
2. Why do you have different answer to question 1?
J. Analysis: In at least 2 sentences answer the question.
Why do you think it is important to study applied economics?
K. Abstraction: Discuss the following terms:
Economics
Microeconomics
Macroeconomics
Applied economics
L. Application: Group Activity:
Teachers will let learners form their group according to their interest with at
least 4 to 5 members. Then, they will research on the historical data (at least 5
years) of the following:
a. Inflation rate
b. Price Levels (commodities)
c. Gross domestic products
d. Unemployment rate
They need to interpret the data within 1 minute.
M. Assessment: Choose the letter of the correct answer:
1. It is the branch of economics that studies the behavior of every individual
or firm in making decision regarding the allocation of scarce resources
and the interactions among this individuals or firms.
a. Microeconomics
b. Microeconomics
c. Applied economics
d. Argonomics
2. It is a social science concerned chiefly with descriptions and analysis of
the production and analysis of the production, distribution and
consumption of goods.
a. Microeconomics
b. Microeconomics
c. Applied economics
d. Argonomics
3. It is a branch of economics that studies on how aggregate economics
behave.
a. Microeconomics
b. Microeconomics
c. Applied economics
d. Argonomics
N. Assignment: Differentiate micro and macro economics.
Wrap-up: THINK Big and ACT Big. Anonymous
Prepared by: Checked by:
JOY GRACE O. JARA MA. EDEN P. MACARAMPAT
Teacher III Principal II
