GRADES 1 to 12 School

DR. VICTORIA B. ROMAN MEMORIAL HIGH

Grade Level 12
SCHOOL
DAILY LESSON
Teacher MARY GRACE C. BASICAL Learning Area APPLIED ECONOMICS
LOG
(Pang-Araw-araw na Tala sa Teaching Dates and
WEEK 1 Quarter 3RD
Pagtuturo) Time

Session 1: Session 2: Session 3: Session 4: Session 5:

I. OBJECTIVES
The learners demonstrate an understanding of the:
A. Content Standards
1. economics as an applied science and its utility in addressing the economic problems of the country
The learners shall be able to:
B. Performance Standards
1. analyze and propose solution/s to the economic problems using the principles of applied economics
C. Learning
Competencies/Objectives  Differentiate economics as social science and applied science in terms of nature and scope
II. CONTENT
III. LEARNING RESOURCES
PHILIPPINE
Subject Orientation ECONOMICS AS A SOCIAL ECONOMICS AS AN SOCIOECONOMIC THE LAW OF DEMAND AND
Topic SCIENCE APPLIED SCIENCE DEVELOPMENT IN THE SUPPLY
and Pre-Test
21ST CENTURY

Subtopic
A. References
1. TG’s Pages
2. LM’s Pages
3. Textbook’s Pages
B. Other Resources
IV. PROCEDURES
1. Reviewing previous lesson  Prayer  Prayer  Prayer  Prayer  Prayer
or presenting the new  Greetings  Greetings  Greetings  Greetings  Greetings
lesson  checking of attendance;  checking of attendance;  checking of attendance;  checking of  checking of attendance;
and and and attendance; and and
 setting of classroom  setting of classroom  setting of classroom  setting of classroom  setting of classroom
standards. standards. standards. standards. standards.
2. Establishing the purpose of Introduce the subject Define economics as a Introduce economics as Discuss the key Introduce the laws of
the lesson Applied Economics—its social science that studies an applied science used socioeconomic demand and supply as
importance, course human behavior in to solve real-world developments and fundamental concepts of
expectations, grading
relation to resource use. problems. challenges in the economics.
system, classroom rules,
and overview of topics for Philippines.
the quarter.
3. Presenting Show real-world Show examples of how Show case studies of how Show graphs or news Use real examples (e.g.,
examples/instances of the examples of economic economic analysis clips about GDP growth, price of rice, fuel, gadgets)
 new lesson issues in the Philippines people make decisions about influences government employment rate, and to show how prices affect
through a short video policies (e.g., tax poverty index. buying and selling
spending, saving, or
(e.g., inflation, reforms, minimum behavior.
unemployment, poverty). producing goods.
wage).

4. Discussing new concepts Discuss what students Discuss the relationship Discuss applied branches Discuss major sectors Explain the Law of
and practicing new skills already know about between economics and of economics of the economy Demand: inverse
#1 economics and where (agriculture, industry, relationship between price
they have encountered it
other social sciences (microeconomics,
(sociology, political macroeconomics, and services) and their and quantity demanded.
in real life.
science, psychology). econometrics, current trends.
development economics).

5. Discussing new concepts Explain the scope of Present the scientific Use a data-based activity Analyze government Explain the Law of Supply:
and practicing new skills Applied Economics and method as applied in —students analyze an programs and policies direct relationship between
#2 its relevance to decision- economic chart or trend. affecting development. price and quantity
making, businesses, and
economics—observation,
hypothesis, testing, and supplied. Illustrate using
government policies.
conclusion. graphs.

6. Developing Mastery Students answer a short Group activity: Students Students create a mini Group task: Propose Students perform a
pre-test to gauge their analyze a real-world issue economic scenario (e.g., simulation or role-play as
innovative (SCAMPER-
prior knowledge. community business buyers and sellers to
(e.g., rice shortage) and issue) and propose data- based) solutions to
explain it using economic demonstrate market
driven solutions (STEAM improve one economic
reasoning. integration). equilibrium (STEAM: data
sector (e.g., “Modify” or collection and graph
“Adapt” techniques for plotting).
agricultural improvement).

7. Finding practical Discuss how Explain how understanding Discuss how data analysis Discuss how Discuss how consumers
applications of concepts understanding economics economics helps interpret and reasoning help in understanding and producers make
and skills in daily living helps students make socioeconomic issues rational decisions based on
better financial and life
social issues and policy business and government empowers citizens to
decisions. planning. market signals.
decisions. participate in national
development.

8. Generalizing and Summarize that Conclude that economics Discuss how data analysis Summarize that Summarize that the
abstractions about the economics is about uses scientific principles to and reasoning help in sustainable interaction of demand and
lesson managing limited development requires supply determines market
resources to meet
study and solve social business and government
 unlimited wants. problems. planning. economic growth and price and quantity.
social equity.

9. Evaluating Learning Check students’ Short quiz (5–10 items) Quiz or reflection log: Short quiz or 10-item quiz or short
participation and pre-test about economics as a “What makes economics presentation of group worksheet involving
results. social science. both a science and an proposals. demand-supply problems.
art?”
10. Additional Activities for Reflection: “How does Students research an Ask students to create 
Application or Remediation economics influence my example of applied an infographic showing
daily decisions?” economics in their key indicators of the
community. Philippine economy.

V. REFLECTION
A. No. of learners who earned
80% in the evaluation.
B. No. of learners who require
additional activities for
remediation who scored
below 80%.
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 this 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:

MARY GRACE C. BASICAL

 ANGELO R. BASILIO, EdD
TEACHER II School Principal IV