1. WEEKLY
LESSON
PLAN
School EI SCHOOL Grade Level 11
Teacher Rh Learning Area APPLIED ECONOMICS
Teaching Week/Date Week 5 / September 19 - 23, 2022 Quarter 1st
Semester
CLASSROOM-BASED ACTIVITIES
HOME-BASED
ACTIVITIES
: MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY
I. OBJECTIVES MODULAR
A. Content Standards The learner
demonstrates an
understanding of the
law of demand and
supply, and factors
affecting the
economic situation.
The learner
demonstrates an
understanding of the
law of demand and
supply, and factors
affecting the
economic situation.
The learner
demonstrates an
understanding of the
law of demand and
supply, and factors
affecting the
economic situation.
The learner
demonstrates an
understanding of the law
of demand and supply,
and factors affecting the
economic situation.
The learner
demonstrates an
understanding of the law
of demand and supply,
and factors affecting the
economic situation.
B. Performance
Standards
The learners shall be
able to conduct a
survey of current
economic situations
within the vicinity.
The learners shall be
able to conduct a
survey of current
economic situations
within the vicinity.
The learners shall be
able to conduct a
survey of current
economic situations
within the vicinity.
The learners shall be
able to conduct a survey
of current economic
situations within the
vicinity.
The learners shall be
able to conduct a survey
of current economic
situations within the
vicinity.
C. Learning
Competencies
Write the LC code
for each
The learners ...
1. Explain the law of
Demand and Supply
and how equilibrium
price and quantity
are determined.
ABM_AE12-Ie-h-4
The learners ...
1. Explain the law of
Demand and Supply
and how equilibrium
price and quantity
are determined.
ABM_AE12-Ie-h-4
The learners ...
1. Explain the law of
Demand and Supply
and how equilibrium
price and quantity
are determined.
ABM_AE12-Ie-h-4
The learners ...
1. Discuss and explain
the factors affecting
demand and supply.
ABM_AE12-Ie-h-5
II. CONTENT Basic
Demand
Principles of Basic
Supply
Principles of Non-Price Determinant
of Demand and Supply
Demand and Supply in
Relation to the Prices of
Basic Commodities
III. LEARNING
RESOURCES
A. References Applied Economics
Electronic Book,
websites
Applied Economics
Electronic Book,
websites
Applied Economics
Electronic Book,
websites
Applied Economics
Electronic Book,
websites
1. Teacherâs Guide
Pages
2. Learnerâs Material
Pages
3. Textbook Pages
4. Additional
2. Materials from
Learning
Resource (LR)
portal
B. Other Learning
Resources
PowerPoint
presentation, DLL/TV,
www.youtube.com,
www.google.com
PowerPoint
presentation, DLL/TV,
www.youtube.com,
www.google.com
PowerPoint
presentation, DLL/TV,
www.youtube.com,
www.google.com
PowerPoint
presentation, DLL/TV,
www.youtube.com,
www.google.com
IV. PROCEDURES
A. Reviewing
previous lesson
Elicit
Review
lesson.
yesterday's
Elicit
Recall
lesson.
on the past
Elicit
Review yesterday
lesson.
Elicit
Recall
lesson.
on the past
B. Establishing a
purpose for the
lesson
Engage
From the picture above
select five terms and/or
three groups of terms.
Discuss each word or
group of words and
explain what those
terms have to do with
economics.
Engage
Match the terms on the
left with the definitions
in the column on the
right.
Engage
Individual presentation
Guide questions:
Identify supply/goods
which are used to be in
demand but whose
sales declined in the
past year. What
happened to the prices
of these goods? What
could be the reasons
why demand for these
goods fell?
Engage
Start the class by asking
question: How much do
you spent in a day?
Ask the students about
their view in Demand
and Supply in Relation
to the Prices of Basic
Commodities.
C. Presenting
examples/instance
s of the new
lesson
D. Discussing new
concepts and
practicing new
skills #1
Explore
Discussion about
Demand and the Law of
Demand
Refer to the table
below. Draw a graph for
demand based on the
schedule and interpret
the demand.
Explore
Discussion about
Supply and the Law of
Supply
Refer to the table
below. Draw a graph for
supply based on the
schedule and interpret
the supply.
Explore
The students will be
given time to plan
about their
presentation.
The students will
present their work.
Explore
Interactive-Class
discussion
a.Market Equilibrium
b.Determination of
Market Equilibrium
c. Application on
Demand and Supply in
Relation to Housing
Shortage
In depth analysis of the
discussed lessons by
presenting examples
E. Discussing new
concepts and
practicing new skill
#2
3. F. Developing Explain Explain Explain Explain
Mastery (Leads to Demand Part I: Use the Supply Part II: Use the The teacher will now Teacher will ask. " What
Formative space below to take space below to take close his MS power difference would it make
Assessment) notes on the basic notes on the basic point presentation and if your parents did not
principles of demand. principles of supply. ask the save?
students to explain in
the terms in her/his
own words.
What consumption have
you sacrificed in terms
of consumption in order
to save on your weekly
allowance?
G. Finding practical
applications of
concepts & skills in
daily living
Elaborate
What is the difference
between a change in
quantity demanded and
a change in demand?
Elaborate
What happens to supply
when production costs
increase?
Differentiate between
change in quantity
supplied and change in
supply.
Elaborate
Teacher will ask:
"How do you feel about
the activity? What do
you realize?"
The teacher will
synthesize the
presentation.
Elaborate
Teacher will ask. How
important is saving in
the Demand and Supply
in Relation to the Prices
of Basic Commodities?
The teacher will
synthesize the studentâs
answers.
H. Making
generalizations and
abstractions about
the lesson
I. Evaluating Learning Evaluate Evaluate Evaluate Evaluate
Determine the
equilibrium price and
quantity of the given
demand and supply
function of product X:
Qd=60-P/2
Qs=5 + 5P
Based on demand
function Qd=6-P/2,
compute the demand
schedule for bottles of
soy sauce given the
following prices:
Based on supply
function Qs=100 + 5P,
compute the supply
schedule for price of
fish (per kilo) given the
following data below:
Individual Activity:
List down the major
determinants of
demand & supply, and
explain how a change
in each will affect the
demand & supply
curve.
4. J. Additional activities
for
application/remediat
ion
Extend Extend Extend Extend
V. REMARKS
VI. 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
lesson work? No. of
learners who caught
up with the lesson
D. No. of learners who
continue to require
remediation
E. Which of my
teaching strategies
work 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
learners?
Prepared by: Checked and Noted by:
RE MVA
Subject Teacher Principal I