Dates to Bear in Mind
Date Activity / Output Due
12 Nov 2018 (Mon)
15 Nov 2018 (Thu) – Deimos
16 Nov 2018 (Fri) – Lysithea
19 Nov 2018 (Mon)
29 Nov 2018 (Thu) - Deimos
3 Dec 2018 (Mon) - Lysithea
6 Dec 2018 (Thu) – Deimos
7 Dec 2018 (Fri) - Lysithea
17 Dec 2018 (Mon)
21 Jan 2019 (Mon)
28 Jan 2019 (Mon)
4 Feb 2019 (Mon)
Notes: Learning Competency No. 1
Summative Test: Chapter 1
Notes: Learning Competency No. 2 to 3
Performance Task No. 1 - Output
Summative Test: Chapter 2
Notes: Learning Competency No. 4 to 8
Performance Task No. 2 - Proposal
Performance Task No. 2 - Output
Summative Test: Chapter 3
Summative Test: Chapter 4
Performance Tasks: Chapters 3 & 4
 RUBRIC FOR NOTE-TAKING

Criteria 5 4 3 2 1
Completeness Notes contain Notes contain at Notes contain at Notes contain at Notes contain at
all topics of the least 80% of the least 60% of the least 40% of the least 20% of the
learning topics of the topics of the topics of the topics of the
competency as learning learning learning learning
provided by the competency as competency as competency as competency as
budget of work. provided by the provided by the provided by the provided by the
budget of work. budget of work. budget of work. budget of work.
Correctness All concepts are At least 80% of At least 60% of At least 40% of At least 20% of
correctly the concepts the concepts the concepts the concepts
defined/ are correctly are correctly are correctly are correctly
described. defined/ defined/ defined/ defined/
described. described. described. described.
Timeliness Notes submitted after due date will not be accepted thereby resulting to earning no points;
unless with a valid reason (e.g. DepEd-sanctioned activity, illness with medical certificates).
Acceptable late notes should be submitted within three days after reporting back to school.
Outputs submitted beyond the three-day grace period will not be accepted.
Maximum number of points per learning competency 10
Number of competencies
3rd Quarter 8
4th Quarter 5
Notes will be part of Written Works component of the grade.
Notes are due on the day of the summative test, except when instructed otherwise.
 CHAPTER 1
Notes: Prompts / Guide Questions

Learning Competency No. 1

The learner shall be able to define basic terms in applied economics (ABM_AE12-Ia-d-1)

Due date : 12 Nov 2018 (Monday)

Maximum number of points : 10

1. Define the following terms:

• Economics • Production • Consumption
• Scarcity • Output
• Resources • Distribution
2. Why is the study economics of important?
3. Describe the following five areas of economics:
• Microeconomics • International economics • History
• Macroeconomics • Theory
4. Describe the following methods of economics study:
• Positive economics • Normative economics • Applied economics
5. Describe the following three major types of economic systems
• Market economy • Command economy • Mixed economy
6. Discuss briefly the following aspects of the scientific method in the study of economics
• Testing hypothesis, • Observation and theory • Solution
developing theories • Considerations • Models

Learning Competency No. 2

The learners shall be able to identify the basic economic problems of the country (ABM_AE12-Ia-d-2).

Due date : 15 Nov 2018 (Thursday)

Maximum number of points : 10

1. Discuss briefly the three basic economic problems.

• What to produce?
• How to produce?
• For whom to produce?
2. Discuss briefly the following economic problems of the Philippines
• Unemployment
• Poverty
• Poor infrastructure
• Heavy dependence on remittances

Learning Competency No. 3

The learners shall be able to explain how applied economics can be used to solve economic problems
(ABM_AE12-Ia-d-3).

Due date : 15 Nov 2018 (Thursday)

Maximum number of points : 10

1. Discuss briefly the following concepts as to how they can be used to solve our country’s economic
problems.
a. Nationalism
b. Free trade, anti-industrialization, growing debts
c. Following other footsteps
d. Fiscal policy
 CHAPTER 2
Notes: Prompt / Guide Questions

Learning Competency No. 4

The learner shall be able to explain the law of supply and demand, and how equilibrium price and quantity
are determined (ABM_AE12-Ie-h-4).

Due date : 29 Nov 2018 (Thursday)

Maximum number of points : 10

Explain briefly the following concepts:

 law of demand  Movements in the demand/supply curve
 law of supply  Price control and rationing
 Equilibrium  Minimum price support
 Disequilibrium  Important results of price support policy
 Shifts in the demand/supply curve

Learning Competency No. 5

The learner shall be able to discuss and explain factors affecting demand and supply (ABM_AE12-Ie-h-
5).

Due date : 29 Nov 2018 (Thursday)

Maximum number of points : 10

1. Explain briefly how each of the following factors affect demand:

• price
• consumer wealth and income
• prices of other goods
• expectations
2. Explain briefly how each of the following factors affect supply:
• cost of production
• technology
• expectations
• number of seller
• prices of related goods

Learning Competency No. 6

The learner shall be able to compare the prices of commodities and analyze the impact on consumers
(ABM_AE12-Ie-h-6).

Due date : 29 Nov 2018 (Thursday)

Maximum number of points : 10

1. Define the following terms:

• Commodity – definition
• Hard commodities
• Soft commodities
2. How does each of the following factors influence commodity prices
• Political conditions • Taxation
• Seasonal variations • Prices of substitutes
• Weather • Prices of complementary goods
• Technology • Market speculation
Learning Competency No. 7
The learner shall be able to explain market structures (perfect competition, monopoly, oligopoly, and
monopolistic competition) (ABM_AE12-Ie-h-7).

Due date : 29 Nov 2018 (Thursday)

Maximum number of points : 10

1. Define market.
2. Discuss briefly each of the features of a market.
3. Discuss briefly the following classifications of market
• Perfect competition
• Monopoly
• Oligopoly
• Monopolistic competition

Learning Competency No. 8

The learners shall be able to analyze the effects of contemporary issues such as migration, fluctuations in
the exchange rate, oil price increases, unemployment, peace and order, etc. on the purchasing power of
the people (ABM_AE12-Ie-h-8).

Due date : 29 Nov 2018 (Thursday)

Maximum number of points : 10

Explain briefly how each of the following issues affect the purchasing power of people:
• migration
• exchange rate
• oil price
• unemployment
• peace and order
• purchasing power

4TH QUARTER

CHAPTER 3
Notes: Prompt / Guide Questions

Learning Competency No. 1

The learner shall be able to identify and explain different principles, tools, and techniques in creating a
business (ABM_AE12-IIa-d-9).

Due date : 21 January 2019 (Monday)

Maximum number of points : 10

1. Define the following terms:

a. Environmental economics
b. Eco development
c. Welfare approach
d. Environmental values
e. Clean technology
2. Porter’s Five-Forces Analysis of Market Structure
a. Draw the diagram showing the Porter’s Five-Forces Analysis
b. Discuss each of the elements of the Porter’s Five-Forces Analysis
 New entrants  Supplier power  Rivalry
 Buyer power  Substitutes
3. PESTLE Analysis
 1. Give a brief description of the PESTLE analysis
2. Discuss each element of the PESTLE analysis briefly
• Overview • Social • Environmental
• Political • Technological
• Economic • Legal
4. Discuss briefly the problem inventory analysis
5. SWOT Analysis
1. Draw the SWOT analysis diagram.
2. Discuss briefly each element of the SWOT analysis.
6. Life cycle of products and services
1. Draw a diagram showing the life cycle of products and services.
2. Discuss briefly each stage of the life cycle of products and services.
7. Discuss briefly how each of following becomes a source of ideas for business.
a. Overview
b. Consumers
c. Existing products or services
d. Distribution channels
e. Government
8. Discuss briefly each of the 7 Steps in generating new business opportunities.

Learning Competency No. 2

The learner shall be able to distinguish the different services/products of business and industry in the
locality (ABM_AE12-IIa-d-10).

Due date : 21 January 2019 (Monday)

Maximum number of points : 10

1. Describe briefly the following types of industries.

a. Primary
• Extractive industry
• Genetic industry
b. Secondary industry
• Manufacturing industry
• Service industry
2. Discuss briefly the status of each of the industries above in our country.

CHAPTER 4
Notes: Prompt / Guide Questions
Learning Competency No. 3
The learner shall be able to Identify and explain the various socioeconomic factors affecting business and
industry (ABM_AE12-IIe-g-11).

Due date : 28 January 2019 (Monday)

Maximum number of points : 10

1. Describe briefly each of the following socioeconomic factors:

a. Education f. Adoption of systems
b. Income and occupation g. Area differences
c. Place of residence h. Gender and equity
d. Culture/ethnicity i. Land tenure
e. People’s priorities
2. Discuss briefly how each of the socioeconomic factors above affect businesses and industries.
 RUBRIC FOR PRESENTATION OF TOPICS

Criteria 5 4 3 2 1
Completeness All topics One of the Two of the Three of the More than
x 0.50 assigned are topics assigned topics assigned topics assigned three of the
presented. was not were not were not topics assigned
presented. discussed. presented. are not
presented.
Correctness Discussion Discussion Discussion Discussion Discussion
x 0.25 (definitions of (definitions of (definitions of (definitions of (definitions of
and application and application and application and application and application
of concepts) for of concepts) for of concepts) for of concepts) for of concepts) for
all topics is one topic is two topics is three topics is more than
correct. incorrect. incorrect. incorrect. three topics is
incorrect.
Presentation Ideas were Ideas were Ideas were Ideas were Ideas were not
x 0.25 presented in presented in presented in presented in presented in
orderly and orderly and orderly and orderly and orderly and
clear manner to clear manner to clear manner to clear manner to clear manner at
a very great a great extent. some extent. little extent. all.
extent.
Presentation Presentation Presentation Presentation Presentation
was within the exceeded one exceeded two exceeded three exceeded more
time allotted. minute of the minutes of the minutes of the than three
time allotted. time allotted. time allotted. minutes of the
time allotted.
are very clear Visual aids are Visual aids are Visual aids are Visual aids are
and helpful to a very clear and very clear and very clear and not very clear
very great helpful to a helpful to some helpful to little and helpful at
extent. great extent. extent. extent. all.
Group coherence Cooperation of Cooperation of Cooperation of Cooperation of Cooperation of
x 0.50 group group group group group
members in the members in the members in the members in the members in the
preparation preparation preparation preparation preparation
and and and and and
presentation of presentation of presentation of presentation of presentation of
the topics is the topics is the topics is the topics is the topics is not
evident to a evident to a evident to evident to a evident at all.
very great great extent. some extent. little extent.
extent.
Maximum number of points per presentation of topic 10
Number of presentation per quarter 1
Score earned from presentation of topics will form part of the grade for Performance Task.
Non-participation during group reporting without a valid reason (e.g. DepEd-sanctioned activity, illness
with medical certificate) will result to zero point. Make up for missed group reporting will be a one-on-
one recitation based on the topics assigned within three days after reporting back to school. Non-
performance within the three-day grace period will result to zero point.
 APPLIED ECONOMICS - 3rd Quarter SY 2018-2019
Group No. Date of Presentation Topic 47 Members 41 Members
1 Nov 12 (Mon) Three basic economic problems 4 Alcantara 3 Bacamante
*What to produce? Abella Apenas
*How to produce? Albon Bailon
*For whom to produce? Alles
2 Nov 12 (Mon) Economic problems of the Philippines 5 Alvarez 4 Bucol
*Unemployment Ortiz Balinas
*Poverty Austero Banzon
*Poor infrastructure Baterzal Bongcasan
*Heavy dependence on remittance Catalan
3 Nov 13 (Mon) 4 Amorin 4 Buling
*Nationalism Sindiong Rweyemanu
*Free Trade, anti-industrialization, growing debts Credo Buling
*Following other footsteps Dayrit Docto
*Fiscal policy
4 Nov 19 (Mon) Law of demand 4 Cimafranca 3 Carba
law of supply Detalla Estorco
Shifts vs movements Ention Gonzales
Equilibrium and disequilibrium Estorco
5 Nov 20 (Tue) Price control and rationaing 4 Dequito 3 Lomeda
Minimum price support Sitjar Laping
Important results of price support policy Gordoncillo Maca-agir
Lambayan
6 Nov 21 (Wed) Factors affecting demand 4 Edjec 2 Mari
*price, consumer wealth and income, prices of other goods, expectations Loreto Maloloy-on
Lozada
Maca-agir
7 Nov 21 (Wed) Factors affecting supply 5 Hernandez 3 Ozoa
Pajulas Milan
Mero Naces
*cost of production, technology, expectations, number of seller, prices of Ogabang
related goods Orosca
8 Nov 23 (Fri) Commodity - definition 3 Honculada 3 Pajed
Types of commodities - hard and soft commodities Palencia Omaguing
Pis-an Ortega
9 Nov 23 (Fri) Factors that influence commodity price changes 3 Jumao-as 4 Patrocinio
*Prices of substitutes, prices of complementary goods, market Sabanal Tan
speculation Samson Perez
Piera
10 Nov 23 (Fri) Factors that influence commodity price changes 4 Lugatiman 4 Patula
*Prices of substitutes, prices of complementary goods, market Sapuan Quiliope
speculation Señagan Salceda
Sulit Suan
11 Nov 26 (Fri) Market - meaning and features 5 Macasilhig 5 Patula
Classification of markets Reyes Renacia
*Perfect competition, monopoly, oligopoly, monopolistic competition Sumangka Supiter
Tabal Tinguha
Villarin Torremoro
12 Nov 27 (Tue) Contemporary issues 2 Mondoñedo 3 Pitogo
*migration, exchange rate, oil price unemployment, peace and order, Ware Villarin
purchasing power Zambrano
 APPLIED ECONOMICS - 4th Quarter SY 2018-2019 Deimos Lysithea
Group No. Date of Presentation Topic 47 Members 41 Members
1 Dec 3 (Mon) Introduction 5 Sitjar 5 Tan
*Environmental economics Cimafranca Lomeda
*Eco development Tabal Torremoro
*Welfare approach Villarin Villarin
*Environmental values Ware Zambrano
*Clean technology
2 Dec 4 (Tue) Porter's Five-Forces Analysis of Market Structure 5 Sindiong 5 Rweyemanu
*New entrants Amorin Carba
*Buyer power Señagan Suan
*Supplier power Sulit Supiter
*Substitutes Sumangka Tinguha
*Rivalry
3 Dec 5 (Wed) - L PESTLE Analysis 6 Reyes 5 Renacia
Dec 6 (Thu) - D *Overview Hernandez Buling
*Political Alvarez Piera
*Economic Sabanal Quiliope
*Social Samson Salceda
*Technological Sapuan
*Legal
*Environmental
4 Dec 7 (Fri) Problem inventory analysis 2 Pajulas 2 Pitogo
Pis-an Perez

5 Dec 7 (Fri) SWOT analysis 5 Ortiz 5 Patula, Ivanne

Alcantara Bucol
Ogabang Naces
Orosca Omaguing
Palencia Ortega
6 Dec 11 (Tue) Life cyle of products and services 5 Mondoñedo 5 Patula, Sean
Loreto Bacamante
Lozada Maca-agir
Maca-agir Maloloy-on
Mero Milan
7 Dec 12 (Wed) - L Sources of ideas 5 Macasilhig 3 Patrocinio
Dec 13 (Thu) -D *Overview Ention Gonzales
*Sources: consumers, existing products/services, distribution Estorco Laping
channels, government Gordoncillo
Lambayan
8 Dec 14 (Fri) 7Steps in generating new business opportunities 7 Lugatiman 4 Pajed
Edjec Buling
Dequito Docto
Catalan Estorco
Credo
Dayrit
Detalla
9 Dec 17 (Mon) Types of industries 2 Jumao-as 2 Ozoa
Baterzal Bongcasan

10 Jan 3&4 (Thu,Fri) - D Socioeconomic factors and their impact on business and industry 5 Honculada 5 Mari
Jan 2&4 (Wed,Fri) - L *Education, income and occupation,place of residence, Abella Apenas
culture/ethnicity, people's priorities, adoption of systems, area Albon Bailon
differences, gender and equality, land tenure Alles Balinas
Austero Banzon
 RUBRIC FOR PERFORMANCE TASK NO. 1

Performance Standard
The learners shall be able to analyze and/propose solutions to the economic problems using the
principles of applied economics.

Due date
19 Nov 2018

Instructions
1. Work in pairs or groups of three.
2. Reuse short bond papers already used. Print/write your output on the clean side of the paper.
3. Observe one-inch margins on all side. Do not draw lines to show the margins.
4. Use single-spacing between sentences and double-spacing between paragraphs and
headings.
5. Use font style Arial, font size 12.
6. Outputs may either be computer-printed or handwritten.
7. Outputs should be of two pages only.
8. Follow the format shown on the next page.
9. Late outputs will not be accepted unless with valid reasons (e.g. DepEd-sanctioned activity,
illness supported by a medical certificate). Late outputs due to valid reasons should be
submitted within three days after reporting back to school.

Scoring Rubric
Criteria 5 4 3 2 1
Adherence to All instructions One instruction Two Three More than
instructions are followed. is not followed. instructions are instructions are three
x 0.25 not followed. not followed. instructions are
not followed.
Application of Proposed Proposed Proposed Proposed Proposed
concepts discussed solution solution solution solution solution does
x3 integrates integrates integrates integrates not integrate
economic economic economic economic economic
concepts concepts concepts concepts concepts at all.
discussed to a discussed to a discussed to a discussed to
very great great extent. some extent. little extent.
extent.
Writing quality Organization is Organization is Organization is Organization is Organization
x 0.50 excellent and very good and good and there fair and there needs
there is no there are a few some errors in many errors in improvement
error grammar, errors in grammar, grammar, and grammar,
punctuation grammar, punctuation punctuation punctuation
usage, and punctuation usage, and usage, and usage, and
spelling. usage, and spelling. spelling. spelling are
spelling. mostly
erroneous.
Group coherence Cooperation of Cooperation of Cooperation of Cooperation of Cooperation of
x 0.25 group group group group group
(based on an members in the members in the members in the members in the members in the
evaluation to be preparation of preparation of preparation of preparation of preparation of
the output is the output is the output is the output is the output is
answered by all evident to a evident to a evident to evident to a evident is not
members of the very great great extent. some extent. little extent. evident at all.
group) extent.
Maximum number of points 20
(Name) (Subject)
(Name) Performance Task No.1
(Name)
(Grade Level & Section)

A. Economic Issue (A phrase or sentence) – one line only

1. Source
2. Overview of the problem (Summary of what was read or viewed from the source)
B. Proposed solution (Give a title)
1. Overview
2. Discussion
C. Concluding Statement