Grades 1 to 12 School LAPAZ NATIONAL HIGH SCHOOL Grade Level Grade 11

DAILY LESSON Teacher Christopher A. Marzan Learning Area Applied Economics

LOG Teaching Dates and September 11-15, 2023 Quarter 1st quarter
Time

Day 1 Day 2 Day 3 Day 4

I. OBJECTIVES
A. Content Standards The learner demonstrates an understanding of… economics as an applied science and its utility in addressing the economic
problems of the country
B. Performance Standards The learners shall be able to … analyze and propose solution/s to the economic problems using the principles of applied economics
C. Learning Competencies/ Analyze market demand, market Analyze market demand, Analyze market demand, market Analyze market demand,
Objectives supply and market equilibrium market supply and market supply and market equilibrium market supply and market
Write the LC code for (ABM_AE12-Ie-h-4to5) equilibrium equilibrium
each (ABM_AE12-Ie-h-4to5) (ABM_AE12-Ie-h-4to5)
(ABM_AE12-Ie-h-4to5)
II. CONTENT DEMAND SUPPLY MARKET EQUILIBRIUM Market research Analysis

III. LEARNING RESOURCES

A. References
1. Teacher’s Guide pages
2. Learner’s Materials
pages
3. Textbook pages
4. Additional Materials ABM/GAS Applied Economics ABM/GAS Applied ABM/GAS Applied Economics ABM/GAS Applied
from Learning Resource Grade11/12: Week 3: Module 1 Economics Grade11/12: Grade11/12: Week 3: Module 1 Economics Grade11/12:
(LR) portal First Edition, 2020 Week 3: Module 1 First Edition, 2020 Week 3: Module 1
First Edition, 2020 First Edition, 2020
B. Other Learning
Resources

IV. PROCEDURES

A. Reviewing previous
lesson or presenting the
new lesson
B. Establishing a purpose  To state the law of  To state the law of  To state the law of  Apply the principles of
for the lesson demand and supply and Market Equilibrium demand and supply to
 To explain the law of  To explain the law and illustrate how prices of
demand and illustrate of supply and  To explain the law of commodities are
the demand curve illustrate the supply Market Equilibrium determined
curve and illustrate the  Analyze how demand
equilibrium graph and supply forces can
affect the value of the
Philippine peso about
foreign currencies.
C. Presenting 20/20/20 challenge The Grocery Section The Balance Life
examples/instances of Students will be challenge to list
the new lesson down things they can buy using
Assuming students will go to Video Clip
their 20Php or students will be
a grocery, they will tell the
required to go to the canteen and
different sections that can be
buy foods using their 20php.found in the groceries and
what items will they get.
D. Discussing new concepts The definition of demand and Definition of Supply Market Equilibrium
and practicing new skills law of demand Law of Supply
#1 The demand equation
Qd = f (P). Supply Function
demand functions: Qd – 6-P/2. Qs: 100 + 5P

E. Discussing new concepts Factors affects Demand Factors Affecting Supply of a Shortage and Surplus
and practicing new skills Commodity
#2 Income
Taste and preference Price of production inputs
Price of other commodities Taxes
Consumer expectation Technology
Market Expectation
 F. Developing mastery The Entrepreneur! Research Task!
(leads to Formative
Assessment 3) In a triad group, students will Using demand and supply
create a sample business idea analysis explain how the
and they will create a supply Philippine peso can
schedule depending on the depreciate relative to the US
price of their product and dollar?
present it into the class.

G. Finding practical https://www.atlantafed.org/-/

applications of concepts media/documents/education/
and skills in daily living publications/extra-credit/2015/
fall/lessons-and-activities/high-
school/microeconomics/supply-
and-demand-activity/extra-
credit_supply-and-demand-
infographic_activity.pdf
H. Making generalizations What is the importance of Explain how the different Is there a real equilibrium in our
and abstractions about knowing the demand function as factors affect supply. economy?
the lesson a consumer
I. Evaluating learning 5pts. True or false 15 pts quiz 5 pt quiz
J. Additional activities for s
application or
remediation

V. REMARKS

VI. REFLECTION
A. No. of learners who
earned 80% in the
evaluation
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: Checked by:

CHRISTOPHER A. MARZAN JOEL R. MALTU, EdD

Subject Teacher Principal II