Oriental Mindoro National High

School Grade Level Grade 12

School
Daily
Lesson Teacher GLEACEL M. HERNANDEZ Learning Area APPLIED ECONOMICS
Plan
Teaching Date December 07, 2017 - Thursday Quarter First Quarter
I.OBJECTIVES
The learner demonstrates understanding of economics as an applied science and its utility in addressing the economic
A. Content Standards
problems of the country.

B. Performance Standards The learner analyses and proposes solution/s to the economic problems using the principles of applied 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 as an Applied
II.CONTENT 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
B. Reviewing yesterday’s lesson or  What are the types of economic system?
Presenting the new lesson  Describe each briefly in terms of the characteristics.
C. Presenting examples/ instances of
the new lesson
Discuss what basic questions must all economic systems answer to determine the use of resources.
D. Discussing new concepts and
(What and how much should be produced? Who should produce what? How should goods and services be produced? Who
practicing new skills #1
should share in what is produced?)
E. Discussing new concepts and
practicing new skills #2
F. Developing mastery
Group Activity:
Instruct the learners to present a short role play on the advantages and disadvantages of the economy type assigned to them.
G. Finding Practical applications of I- Command Economy Rubrics:
concepts and skills II- Market Economy a. Relevance to the Topic & Substance- 10 points
III- Traditional Economy b. Creativity & Innovation - 10 points
IV- Mixed Economy Total - 20 points
H. Making generalizations and Ask: Which is the most ideal economic type and why?
abstractions about the lesson
I. Evaluating Learning Administer a Summative Test.
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