1. Republic of the Philippines
DEPARTMENT OF EDUCATION
Caraga Administrative Region
Division of Surigao del Norte
Tagana–an National High School
Detailed Lesson Plan in APPLIED ECONOMICS (GAS 12)
School TNHS Grade Level 12
Teacher ROSITA A. ALOYON Learning Area APPLIED
ECONOMICS
Dates and Time Quarter I
I. OBJECTIVES
A. Content Standard
The learner demonstrates an understanding of the law of supply and demand, and factors
affecting the economic situation.
B. Performance Standard
The learners shall be able to conduct a survey of current economic situations within the vicinity.
C. Learning Competencies
The learners
5. Analyze the effects of contemporary issues such as migration, fluctuations in the exchange
rate, oil price increases, unemployment, peace and order, etc. on the purchasing power of the
people
D. Learning Objectives
At the end of the lesson, the students should be able to:
1. Analyze how demand and supply forces can affect the value of the Philippine peso in
relation to foreign currencies;
2. Relate population growth the country’s labor supply and apply the law of demand and
supply in the determination of wages of labor
3. Apply the law of supply and demand to Philippine housing shortage and show how this
has led to the real estate boom in the country
II. CONTENT
CHAPTER 2: APPLICATION OF DEMAND AND SUPPLY
Lesson 2.6 SUPPLY-DEMAND AND PHILIPPINE ECONOMIC PROBLEMS
RENT AND PRICE STRUCTURE
SAVINGS AND INVESTMENT, RENT, MINIMUM WAGE, TAXES
III. LEARNING RESOURCES
A. References:
2. APPLIED ECONOMICS,
RosemaryP.Dinio,PhDand George A.Villasis
PublishedandDistributedBy:REXBOOK STORE
www.rexpublishing.com.ph
Manila,Philippines
B. Materials: PowerPoint presentation, laptop, projector, and pen.
IV. PROCEDURE
Teacher’s Hint
A. Preliminary Activities
1. Greeting
2. Prayer
3. Classroom Management
4. Checking of attendance
B.Lesson Proper
1. Reviewing previous lesson or presenting the new lesson
Review lesson, THE PHILIPPINE PESO AND FOREIGN CURRENCIES
HOUSING SHORTAGE AND REAL ESTATE BOOM IN THE PHILIPPINES
2. Establishing a purpose for the lesson
Present Lesson Discussion
Class, in this lesson you’ll learn more about Philippine economic problems such as follows:
RENT AND PRICE STRUCTURE
SAVINGS AND INVESTMENT, RENT, MINIMUM WAGE, TAXES
3. Presenting examples/ instances of the new lesson
Present example rent, & price structure
4. Discussing new concepts and practicing new skills #1
Present situations/example savings and investment
5. Discussing new concepts and practicing new skills #2
Group activity
Research about the previous tax reform law, and the new TRAIN LAW/ Tax reform acceleration
inclusion law
6. Developing Mastery
Present your answer in front of the class together with your group next meeting
7. Finding Practical Applications of Concepts and Skills in Daily Living
Class, share your thoughts/understanding about the content of Train Law
8. Generalization
3. I think you’ve already understood about this topic, so kindly answer the following question stated
below;
9. Evaluating learner
Discussion Questions: (20 points)
1. How important for the Philippine government to collect taxes every year? What is the function of
this tax to Filipino people?
2. What have you learn about rent and price structure?
10. Additional Activity
Review students below mastery level provide hard copy for them.
Prepared by: Approved by:
ROSITA A. ALOYON DULCISIMA A. CORVERA, PhD
Master Teacher – I Secondary School Principal - IV
