GOOD AFTERNOON

CLASS!
Welcome to English
Class
CLASSROOM
RULES:

o Be on time at the beginning of the day.

o Be respectful of classmates, teachers, and
property.
o Listen to the teacher and classmates, and
follow directions.
o Be kind , polite, and courteous to others.
o Work hard , and always do your best.
1. I t is about not having enough money to meet
basic needs including food, clothing and
shelter.

Answer:
POVERTY
• It is the abuse of
entrusted power for
private gain.

Answer:
CORRUPTION
• Individuals who are employable
and actively seeking a job are
unable to find a job.

Answer:
UNEMPLOYMENT
OBJECTIVES:
At the end of the lesson, the students are
expected to:

1. Differentiate economic issues;

2. Determine the economic issues discussed in listening texts;
3. Express opinions on economic issues discussed in a text
listened to;
4. Write a short essay about a specific issue in the Philippines.
What is ISSUE?

- A subject or problem that

people are thinking and
talking.
ECONOMIC

- Relating to, or based on the

production , distribution , and
consumption of goods and services.
What are the 4 Economic Issues?

• What to produce?
• How to produce?
• For whom to produce?
• What provisions (if any) are to be made for
economic growth?
 WHAT IS ECONOMIC
ISSUE?
• The economic issues assert that there is a
scarcity or that the finite resources
available are insufficient to satisfy all
human wants and needs.
 An issue becomes an economic issue under the
following circumstances:
• It involves inflation or the increase of the price of basic commodities and
services affecting a large number of people.
• It involves an increase in unemployment or not having a job to earn ones
living.
• It involves poverty caused by underlying factors such as lack of education,
cultural and religious discrimination, overpopulation, unemployment, and
corruption.
Example:

Environmental and health issues, overpopulation

KEY TERMS TO
 Microeconomics does not try to explain
KNOW: which actions should take place in a
MICROECONOMICS market but Microeconomics also
consider taxes, regulations, and
- The study of government legislation.
individual and business  the effects of changes in certain
decisions regarding the conditions.
allocation of resources  For example, microeconomics can help a
and prices of goods and company maximize its production and
services. capacity so it could offer lower prices
and remain competitive.
Microeconomics has
applications in:
• Trade
• Industrial organization and
market structure
• Labor economics
• Public Finance
• Welfare economics
MACROECONOMICS
• Macroeconomics analyzes entire
industries and economies rather than
- The study of the decisions
individuals or specific companies.
of countries and governments
• Macroeconomics tries to determine the
optimal rate of inflation and factors that
may stimulate economic growth.
Macroeconomics • For example, macroeconomics may
describes relationships analyze how the unemployment rate
among: affects the gross domestic product.
• National Income
• Savings
• Overall price level
 Listen to the audio presented and identify those economics
issue that are given.

https://youtube.com/watch?
v=TM4CDpQUhko&si=_AHNZkmnLvEmi
OQN
Answer the questions given:

1. What specific issue is given in the listening

text?
2.What do you think is the cause and effect of
the issue given?
GROUP ACTIVITY:

Give students 5 minutes to write a short essay about economic

issue in the Philippines.

Instructions: As a citizen of the Philippines, you decided to

write a short essay about economic issue to show awareness
to the readers.
You will be doing this short essay on one whole sheet of
paper.
The rubric below will be your guide as you write your short essay.
CRITERIA EXCELLENT SATISFACTORY DEVELOPING BEGINNING
4 3 2 1
Sentence fluency and Consistently exhibits Exhibits some variety in Most sentences are Sentence structure may
word choice variety in sentence sentence structure and well constructed but be simple and unvaried;
structure and word uses good word choice; have a similar word choice is mostly
choice occasionally, words may structure ; word choice accurate.
be used inaccurately. lacks variety or fair.

Composition The piece is planned The piece is planned The piece shows little The piece shows no
carefully; carefully; evidence of understanding of the
understanding of all understanding of most understanding the concepts and relatively
concepts and relatively concepts and relatively concepts and relatively of the background.
of the background is of the background is of the background.
clearly demonstrated. demonstrated.

Grammar, Mechanics, & There are no errors in There are a few errors There are several errors There are numerous
spelling grammar , mechanics in grammar, mechanics in grammar, errors in grammar ,
and /or spelling. and /or spelling , but mechanics , and/or mechanics , and or
they do not interfere spelling. spelling.
with understanding.
Summarize the lesson by asking the following questions:

1. . What is Economic issue?

2. How do you differentiate economic

issue?

3. Give the importance of understanding

and knowing the economic issues that can
affect our daily lives.
Choose if it TRUE or FALSE
1. Unemployment is under economic issues.

2. Economic activity would not exist if scarcity did not force people to make
choices.

3. The economic issues assert that there is a scarcity or that the finite
resources available are insufficient to satisfy mall human wants and needs.

4. Bullying is under economic issues.

5. Economic relating to society or its organization.

 6. An issue is a subject or problem that people are
thinking and talking.
7. Economic is relating to individual and business
decisions.
8. Micro economic is the study of individual and
business decisions regarding to allocation of
resources.
9. Macro economics is the study of the decisions of
countries and governments.
10. Corruption is under economic issue.
Assignment:
In a bond paper ,
make a poster about
economic issue.
Thank you
for
Listening