Republic of the Philippines

Department of Education
Region 02 (Cagayan Valley)
Schools Division of Isabela
MANUEL L. QUEZON NATIONAL HIGH SCHOOL
Quezon, San Isidro, Isabela

WEEKLY LEARNING PLAN

QUARTER :_____1_______ GRADE LEVEL :______11________
WEEK :_____6_______ LEARNING AREA :APPLIED ECONOMICS

Day Objectives Topic/s Classroom-Based Activities Home-Based Activities

1 LEARNING Application of LAS page 9-10
OBJECTIVE Supply Activity 1 Analysis of Demand
explain the law of and Demand Directions: Below is the demand schedule for hamburgers. Use this demand
supply and demand, schedule for activity 1. and 1.2.
and how equilibrium
price and quantity are
determined

1. Graph the movement along the demand curve when the price of hamburgers falls
from P/60 to P/40 per unit. Explain the movement of the demand curve
2. Graph the shifts of the demand curve when buyer would choose to buy 70,000
instead of 60,000 hamburgers at price P/40. Explain the shift of the demand curve.
3. The law of demand holds that people buy more at lower prices than a higher
price. But some goods are bought largely because they have “snob appeal.” For
example, some students in your school gain prestige by buying expensive brand
name items. Does knowingly buying an item because it is expensive violate the law
of demand?

2 LEARNING Application of LAS page 9-10

OBJECTIVE Supply Activity 2. Analysis of Supply
 explain the law of and Demand Directions: Below is the supply schedule for hamburgers. Use this supply schedule
supply and demand, for activity 2.1. and 2.2
and how equilibrium
price and quantity are
determined

1. Graph the movement along the supply curve when the price of hamburger rises
from P/40 to P/60 per unit. Explain the movement of the supply curve.
2. Graph the shifts of the supply curve when the seller would choose to sell 50,000
instead of 40,000 hamburgers at price P/40. Explain the shift of the supply curve.
3. Many lanzones and rambutan farmers open temporary roadside stands during
harvest season, even though prices are usually low at that time. In this case, as the
price of their product falls, farmers sell more, not less. Is this an exception to the law
of supply?
3 LEARNING Application of LAS page 10-11
OBJECTIVE Supply Activity 3 Market Equilibrium
explain the law of and Demand Directions: Refer to the supply schedule above for the data needed in graphing price
supply and demand, adjustments and market equilibrium.
and how equilibrium 1. At this price, the quantity demanded is 60,000, which is greater than the quantity
price and quantity are supplied, 40,000. Graph the shortage occurs at any price below the intersection of
determined the demand and supply curves. Explain the market shortage on the part of the
buyer.
2. At this price, buyers want to purchase 40,000 hamburgers less than the 60,000
hamburgers producers are willing to offer. Graph the market surplus occurs. Explain
the market surplus among the sellers.
4 LEARNING Application of LAS page 11
OBJECTIVE Supply Activity 4 Problem and application
explain the law of and Demand Directions: Analyze the situation carefully, explain your answer in not more than five
supply and demand, sentences.
and how equilibrium 1. What happens to the equilibrium price and the equilibrium quantity of
price and quantity are photographic film if the price of digital cameras decreases and the price of
determined photographic developer increase while all other things remain constant?
_____________________________________________________________________
_____________________________________________________________________
 _____________________________________________________________________
2. Gather news articles on the price of basic commodities including rice, sugar, pork,
and chicken. Make a presentation on what is happening to their prices using
demand and supply analysis.

Prepared by:

HANNAE ALYZA P. DOMINGO Noted:

Teacher II
EVELYN P. JOSE, P-2
School Head