UNDERSTANDING CULTURE, SOCIETY AND POLITICS

Prepared by: Monique Philips B. Totanes

S.Y. 2018-2019
TOPIC/LESSON NAME Economic Institutions
CONTENT STANDARD The learners demonstrate an understanding of:

1. cultural, social, and political institutions as sets

PERFORMANCE STANDARD
of norms and patterns of behavior that relate to
major social interests
MINIMUM:
recognize other forms of economic transaction
such as sharing, gift exchange, and redistribution
in his/her own society

LEARNING COMPETENCIES
BEYOND MINIMUM:
Analyze the gains and consequences of the other
forms of economic transactions
MINIMUM:
1. analyze economic organization and its impacts
on the lives of people in the society

BEYOND MINIMUM:
1. Promote awareness on the relationship of the
market and the State

SPECIFIC LEARNING OUTCOMES At the end of the lesson, the learners are able to:

Understand and evaluate the economic system of

the Philippines

TIME ALLOTMENT 190 minutes

SOURCES Contreras, Antonio et.al. Understanding Culture,
Society and Politics (2016)
MATERIALS Cartolina, Marker

LESSON OUTLINE:
INTRODUCTION (10 MINUTES): Introduce the learning objectives and recap
previous discussions
MOTIVATION (30 MINUTES): Simulation: Exchanging Gifts
INSTRUCTION AND DELIVERY (60 MINUTES): The Economic System: Then and
Now
PRACTICE (20 MINUTES): Case Analysis
ENRICHMENT (10 MINUTES): Class Sharing
EVALUATION (60 MINUTES): Informative Flyer Making

INTRODUCTION:
Introduce the learning objectives and recap previous discussions
MOTIVATION:
Instruction: Let the learners get anything from their bag. It could be their wallets,
notebooks, books, pen or etc. Then let them a pick from the numbers 1 to the ½ of the
class’ population. Instruct the learners to give their “thing” to the person that has the
same number with them.
Ask the students:
1. Did you wholeheartedly give the “thing” that you have to your partner?

INSTRUCTION/DELIVERY:
Gallery Walk
Divide the class into two groups. Each groups has to portray Non-market and market
institutions respectively.
Non-market Institutions. It is more prevalent in our society before than now.
Reciprocity. It exists when there is a direct exchange of goods and/or laborfrom one
source to another. For instance, the exchange of viand between you and your neighbor
during occasions like Christmas.
Transfer. It is the redistribution of income that is not matched by actual exchange of
goods and services. Unlike reciprocity, it doesn’t require exact amount of effort and/or
value from one party to another. Examples for this are donations during disasters.
Redistribution. It can be considered as a combination of the two other processes. It is
the collection of goods from multiple members; pooling it and redistributing it back
again to everyone. These three are considered as non-market transactions because it
does not require the exchange of cash.
Today, non-market institutions rarely exist in the greater spectrum of our economic
system. Labors and goods are exchanged with cash. Market System is a type of
economic system that allows the free flow of goods between and among private
individuals and firms with very limited participation from the government. In this
system, private individuals own most of the factors of production. A laborer then works
to ensure the production of goods in exchange of cash. Unlike non-market institutions,
goods and services are done/produced by people with specialization or experts of the
particular field. In this manner, to ensure the sustainability and flow of good s and
services, the government provides rules, regulations and limitations in the whole
system.

Ask the students:

1. Which among the two institutions is better? Why do you say so?
2. Does the State have to control the economic system? Why or why not?
3. What attitude and action should be done by the people to ensure the order of flow of
goods?
PRACTICE:
Analyze the case and answer the questions:
1. Liz and Martha are good neighbors. For more than 5 years, it has been their practice
that they exchange foods and gifts every Christmas. This year, Liz did not give anything
to Martha.
Question:
1. Can the State interfere in this situation? Why do you say so?
2. Is Liz really required to give something to Martha this year? Why or why not?

ENRICHMENT:
Divide the class according to the number of questions. Each group has to share their
answers in class.

EVALUATION:
The learners are tasked to make Flyer regarding the Economic System of the Philippines
today. Outputs should be informative, and creative.