Beruflich Dokumente
Kultur Dokumente
Department of Education
Caraga Administrative Region
Division of Butuan City
Aupagan National High School
Aupagan, Butuan City
I. Objectives
At the end of the lesson, the students should be able to:
1. Differentiate Gross National Product from Gross Domestic Product.
2. Distinguish the different approaches used in solving for the gross national product.
3. Recognize how the economy is growing by the two measures.
III. Procedure
1. Activity
The teacher will show two cards symbolizing GDP and GNP. With these, the students will identify the
different goods and services to where it belongs.
2. Analysis
The students will group into four.
Based on the activity, the students will differentiate GDP and GNP.
GDP GNP
After that, the students will share at least one thing that they alike and differ with each other.
Q: What did you notice between the two?
3. Abstraction
Gross National product pertains to the total market value of all final products produced by nation’s
residence (e.g. Filipinos), no matter where they are located.
Gross Domestic Product defined as the market value of final products produced within the country.
2 different approaches which are the Expenditure Approach and Income Approach
Expenditure Approach. This approach measures GDP and GNP by adding all the sending for final goods
during a period of one year.
GNP/GDP: Expenditure Approach
GNP equation:
Income Approach. In this approach, obtained the personal income, government income, corporate income,
indirect taxes and depreciation.
GNP = PI+GI+CI+IT-S+D
4. Application
The teacher will show an example computation using expenditure/income approach.
Then, the teacher will let the students solve for the GNP using the expenditure/income approach.
Expenditure Approach.
GDP/GNP = 4,226,120+587,436+864,531+(2,797,986-2,873,562)
Income Approach.
GNP = 3,506,340+1,290,384+1,456,987+999,847-845,618+632,079
IV. Evaluation.
Classify the phrases regarding the Gross National Product and Gross domestic product whether it is
their differences or their similarities.
GNP GDP
DIFFERENCE DIFFERENCE
SIMILARITIES
V. Assignment
Choose one approach that you believe is the most applicable approach to measure national output.
Explain your answer. (10 points)