APPLIED ECONOMICS

Grade Level: 11
Date: Session: 2ND Semester Prepared by:
January 16, 2020- THURSDAY 07:30am-8:30am (ABM-11) MTTHF Second Quarter MRS. JENNIFER B. MANZANO
SST-II
I. OBJECTIVES The learner demonstrates an understanding of the law of supply and demand, and
Content Standard: factors affecting the economic situation.
The learners shall be able to conduct a survey of current economic situations within
Performance Standard:
the vicinity.
LC Code #: ABM_AE12-Ie-h-7
Learning
At the end of the session, the students will be able to:
Competency:
Explain market structures (perfect competition, monopoly, oligopoly, and monopolistic
K
competition).
S Describe the characteristics and distinguish the features of the market structures.
A Appreciate the significance of market structure in the operation of the business.
II. SUBJECT MATTER
MARKET STRUCTURES
Content:
Learning Sources: Applied Economics book by: Rosemary P. Dinio, PhD and George A. Villasis (pp. 33-37)
Materials: Hand-outs, book, visual aids
III. PROCEDURE Daily Routine: Greetings, Prayer, Checking of Attendance

What is a market?
A. PREPARATION What is market structure?
(Gather student’s idea/ prior learning)

-Discussion about The Market Structures

 Perfect Competition
 Imperfect Competition
B. PRESENTATION
 Monopolistic Competition
 Oligopoly
-Significance of the Market Structure

Think-Pair-Share:
C. PRACTICE
Let the students share their learning about the 4 Market Structures.

IV. ASSESSMENT
Describe the characteristics and distinguish the features of the market structures.

V. ASSIGNMENT

VI. REMARKS