School Oriental Mindoro National High School Grade Level Grade 12

Daily
Lesson Teacher GLEACEL M. HERNANDEZ Learning Area APPLIED ECONOMICS
Plan Teaching Date December 04, 2017 - Monday Quarter First Quarter
I.OBJECTIVES
The learner demonstrates understanding of economics as an applied science and its utility in addressing the
A. Content Standards
economic problems of the country.
The learner analyses and proposes solution/s to the economic problems using the principles of applied
B. Performance Standards
economics.
The learner:
C. Learning Competencies / 1. explains the difference between economics and applied economics
Objectives 2. defines the basic terms in applied economics
Write the LC code for each 3. explain why economics is important
4. identifies basic economic problems of the country
Introduction to Applied Economics (Revisiting Economics as a Social Science, ABM_AE12-Ia-d-1 & Economics
II.CONTENT as an Applied Science, ABM_AE12-Ia-d-2)
Four Basic Questions for Every Economic Systems
III. LEARNING RESOURCES
A. References

Textbook pages Applied Economics, Dinio & Villasis (2017)

B. Other Learning Resources Economics Today & Tomorrow, Miller (1998)

IV. PROCEDURES
A. Establishing a purpose for the lesson State the objectives of the lesson.
B. Reviewing yesterday’s lesson or Presenting Ask the learners why Economics is considered as a social science.
the new lesson
C. Presenting examples/ instances of the new Ask the learners what their personal short-term and long-term goals are and what things can possibly influence
lesson them.
Discuss what basic questions must all economic systems answer to determine the use of resources.
D. Discussing new concepts and practicing
(What and how much should be produced? Who should produce what? How should goods and services be
new skills #1
produced? Who should share in what is produced?)
Discuss the types of economic systems.
1. What are the major differences among the various types of economic systems?
E. Discussing new concepts and practicing
2. What is meant by the term mixed economy?
new skills #2
3. What types of economic systems do most nations have today?
4. How does each system differ from the other in its answer to the four basic questions of economics?
F. Developing mastery
Group Activity:
G. Finding Practical applications of
Instruct the learners to present a short role play on the advantages and disadvantages of the economy type
concepts and skills
assigned to them.
H. Making generalizations and
abstractions about the lesson
I. Evaluating Learning Administer a test (35 items).
J. Additional activities for application or
remediation
V. REMARKS
VI. REFLECTION
A. No. of learners who earned 80% on
the formative assessment
B. No. of learners who require additional
activities for remediation.
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 these 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?
Prepared by: Noted:

GLEACEL M. HERNANDEZ, PhD. DAISY NIEVA

SHS Teacher II Subject Group Head, ABM