School CLAVERIA SCHOOL OF ARTS AND TRADE Grade Level Grade 12- ABM ATHENA

DAILY LESSON LOG Teacher BRIAN S. INCOGNITO Learning Area APPLIED ECONOMICS
Teaching Dates and Time WEEK 1 (JUNE 23- 28, 2019) Quarter FIRST

MONDAY TUESDAY WEDNESDAY THURSDAY

I. OBJECTIVES

Content Standards The learner demonstrates an understanding of economics as an applied science and its utility in addressing the economic problems of the country
Performance Standards The learners shall be able to analyze and propose solution/s to the economic problems using the principles of applied economics.
Learning Competencies/Objectives The learners… The learners… 2. Identify the basic economic problems 3. explain how applied economics can be
Write the LC code for each 1. define basic terms in applied 1. define basic terms in applied of the country used to solve economic problems
economics economics ABM_AE12-Ia-d-2 ABM_AE12-Ia-d-3
ABM_AE12-Ia-d-1 ABM_AE12-Ia-d-1
Chapter 1 1.1 Revisiting Economics as a social
II. CONTENT 1. Introduction to Applied Economics science 1.3 Basic economic problems and the 1.3 Basic economic problems and the
1.2 Economics as an applied science Philippine socioeconomic development Philippine socioeconomic development
in the 21st century in the 21st century
III. LEARNING RESOURCES
References
Teacher’s Guide pages
2. Learner’s Materials pages
3. Textbook pages
4. Additional Materials from Learning
Resource (LR) portal
Other Learning Resources Applied Economics by: Sherry Amour Applied Economics by: Sherry Amour Applied Economics by: Sherry Amour Applied Economics by: Sherry Amour Boado,
Boado, pp: 3 Boado, pp: 8-9 Boado, pp: 8-9 pp: 8-9

Downloaded powerpoint presentation Downloaded powerpoint presentation Downloaded powerpoint presentation Downloaded powerpoint presentation

IV. PROCEDURES

Reviewing previous lesson or presenting the
new lesson
Elicit student’s generalization on the Elicit student’s generalization on the Elicit student’s generalization on the starting
Teacher welcomes the class and starting points for the understanding of starting points for the understanding of points for the understanding of Economics
introduces himself/herself. Economics and have short recap of the Economics and have short recap of the and have short recap of the past lesson.
Initializing… past lesson. past lesson.
Teacher tells the students:
“Imagine that you were assigned to be in-
charge with the food for your family. You
open the refrigerator and saw those food
stock or sort of groceries in it. Until such

Establishing a purpose for the lesson
Presenting examples/instances of the new
lesson
Discussing new concepts and practicing
new skills #1
Discussing new concepts and practicing
new skills #2
Developing mastery (leads to Formative
Assessment 3)
Finding practical applications of concepts
and skills in daily living
time that you have decided to come up
with a certain menu and you consider
how many members of your family will
eat.
Begin rationalizing with the class…
The teacher will ask the students to
identify simple principles of economics.
Setting the mood and presentation of
learning objectives
Semantic Web Map
Ask the students to give words/ terms
associated to the word “Economics”.
Based on the Semantic Web Map you
have conceptualized, define
ECONOMICS in relation with the terms
provided by the students.
Discussion:
1. The meaning of economics
2.Other branches of Economics
(Microeconomics, Macroeconomics,
Managerial Economics and Applied
Economics)
3. The meaning of Applied Economics
CASE STUDY: The teacher will be giving
shor case study relating to SCARCITY,
NEEDS, and WANTS as well as
Opportunity Cost and Comparative
Advantage.
(Open ended questions given (to
encourage the framing of a
generalization)
a. How would you use the concepts in
economics to improve everyday planning
routine?
b. How is economics and its principles
helps you as student in getting what you
want?
(10 minutes)
Role Group the class into four groups and
ask them to answer the case or activity
“Economics and Real- world challenges”
Unlocking of difficult terms/ words
Discuss the following:
1. Revisiting Economics as a social
science
2. Economics as an applied science
Pass the Mic: The teacher will show in
pictures that shows application of
economics in real life situations. Each
student will be asked to give their insight
and will be supplemented by the teacher
for additional and necessary concepts.
(Open ended questions given (to
encourage the framing of a
generalization)
a. Can you any instances that you have
applied economics in your daily routine?
b. What is the significance of knowing
concepts relating to economics as an
applied science?
(10 minutes)
Role Group the class into four groups and
ask them to answer the case or activity
“Economics and Real- world challenges”
Unlocking of difficult terms/ words
Discuss the following:
1. Basic Economic Problems
2. Factors of Production
Pass the Mic: The teacher will show in
detail the different definitions of the factor
of production. Each student will be asked
to read the concept one-by-one while
passing the mic.
Give current issues or situations that is
related on social behavior and
phenomena
(Open ended questions given (to
encourage the framing of a
generalization)
a. Why is it important to consider the
‘Basic Economic Problems” prior to the
allocation or making decisions or
choices?b. What is the significance of the
factors of production as you come up with
certain choice?
(10 minutes)
Role Group the class into four groups and
ask them to answer the case or activity
“Economics and Real- world challenges”
Unlocking of difficult terms/ words
Discuss the following:
1. Basic Economic Problems
2. Factors of Production
Pass the Mic: The teacher will show in detail
the different definitions of the factor of
production. Each student will be asked to
read the concept one-by-one while passing
the mic.
Give current issues or situations that is
related on social behavior and phenomena
(Open ended questions given (to encourage
the framing of a generalization)
a. Why is it important to consider the ‘Basic
Economic Problems” prior to the allocation or
making decisions or choices?
b. What is the significance of the factors of
production as you come up with certain
choice?
 Making generalizations and abstractions Society’s needs and wants being greater
about the lesson than available economic resources, lead
to allocation of resources. Give your
reactions.
Evaluating learning Essay: In a ½ crosswise paper, answer
the following questions:
1. What can you say about “limited
resources” vs. “unlimited human wants”?
In your own words, how could you
differentiate needs from wants? What are
your examples of needs? What are your
examples of wants?
To administer a 10- item Quiz
(Identification)
In reference to the factors of production,
let the students to draw the “Basic
Circular Flow Diagram” and explain its
significance in addressing the “Basic
Economic Problems”
As a student, give any instances that you
have encountered the “Basic Economic
Problems” and how will you able to handle
it?
In reference to the factors of production, let
the students to draw the “Basic Circular Flow
Diagram” and explain its significance in
addressing the “Basic Economic Problems”
To administer a 10- item QUIZ
(True of False)

2. “Choices and decision- making are

vital aspect of economics.” Explain why?
Additional activities for application or Assignment: Have an advance reading Assignment: To have an advance Assignment: Review the lesson Assignment: Make a research on the “Law of
remediation about the “Economics as an applied research regarding “Basic Economic Supply and Demand”
science and part of social science”. Problems”

V. REMARKS

VI. REFLECTION

No. of learners who earned 80% in the

evaluation
No. of learners who require additional
activities for remediation
Did the remedial lessons work? No. of
learners who have caught up with the
lesson
No. of learners who continue to require
remediation
Which of my teaching strategies worked
well? Why did these work?
What difficulties did I encounter which my
principal or supervisor can help me solve?
What innovation or localized materials did I
use/discover which I wish to share with
other teachers?

Prepared by: Checked by: Noted by:

BRIAN S. INCOGNITO ANTONETTE B. BALANAY CORAZON A. LLAPITAN, Ph. D.

Subject Teacher Head Teacher VI, SHS Coordinator Secondary School Principal III