LEARNING PLAN

Dumaguete City National High School

Subject teacher: Clareen June E. Dagoy

Class: ABM 11 B / GAS 11 A Quarter: 1st ( Second Semester) - Week 3

Subject: Applied Economics Teaching Date: 03/9/23

Content The learner demonstrates an understanding of economics as an applied science and its
Standard utility in addressing the economic problems of the country.

Performance The learners shall be able to analyze and propose solution/s to the economic problems
Standard using the principles of applied economics.

Competency Analyze market demand, market supply and market equilibrium.

Objectives
At the end of this module, you should be able to:

a. appreciate how demand and supply are influenced by price and other several
factors,
b. differentiate the law of supply from the law of demand,
c. determine the market equilibrium through the supply and demand schedule, and
d. solve for the price and quantity equilibrium in the market through a given equation.
Source SENIOR HS MODULE DEVELOPMENT TEAM
https://drive.google.com/file/d/1CvBWYU6EpmgjhhtUrSeVy6z5M20P69m3/view
Review/
Motivation  Picture Analysis

Guide Question:

1. Who are involved in the agreement of these prices?

2. Is there any effective way of keeping the prices of basic commodities at
levels that are accessible to the masses? How?

 Presentation of the topic

 Presentation of the objectives
Lesson Proper  Definition of Terms through “Guess the Definition”
A. Activity  Discussion on Law of Demand, Law of Supply and Market Equilibrium

 Video presentation of demand and supply

 LEARNING PLAN
Dumaguete City National High School
Subject teacher: Clareen June E. Dagoy

 Students are given examples to further assist their learning process.

a. Market equilibrium using supply and demand schedule:

b. Market equilibrium using mathematical approach:

(Disclaimer: students know how to solve this equation since they have taken courses in mathematics
that talk about combining like terms)

Direction: Solve for

the price and quantity
equilibrium in the market of
the given equation:
Qd = 68 – 6P
Qs = 33 + 10P

B. Analysis  Venn Diagram

Students will
differentiate the law
of supply from the
law of demand
through a Venn
Diagram.

(Disclaimer: Students
know how a Venn
diagram functions since
this activity is presented
in their other subjects,
especially reading and
writing, where they talk
 LEARNING PLAN
Dumaguete City National High School
Subject teacher: Clareen June E. Dagoy

about compare and contrast)

C. Abstraction  Students will be asked for their opinion about certain experiences since they
all come from different societies with different economic status.
Have you purchased the things you have been wanting to have? If not, what are the
factors that affect this demand?
D. Application TEAM UP!
 Students will be grouped with the use of
the "Wheel of Names, where five leaders
will be chosen, and the members will be
based on the usual counting (so as not to
take much of the time).
 Students will graph and plot the demand
and supply schedule and afterwards
determine the point of market
equilibrium.
Part 1


Students will solve for the price and quantity equilibrium in the market of the
given equation: Part 2
Qs = 128 + 8P
Qd = 478 - 6P
E. Assessment  Multiple choice and Problem Solving

II.
Direction: Solve for the price and quantity equilibrium in the market of the given
equation:

Qd = 20 – 2P
Qs = -10 + 2P
 LEARNING PLAN
Dumaguete City National High School
Subject teacher: Clareen June E. Dagoy

Assignment

Students will solve the point of market equilibrium through the mathematical
approach.

Remarks The competency needs to be discussed in two sessions; if time is not

enough, other activities will be done in our next meeting.

Prepared by:

CLAREEN JUNE E. DAGOY

SHS TII