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Grade 11 School PAGATBAN HIGH SCHOOL Grade Level 11

Daily Lesson Teacher KARLA JANE F. BANGAYSISO Learning Area Applied Economics
Log Teaching Dates & Time June 4, 2019 10:00 AM – 12:00 NN Quarter 1st Quarter

A. Content Standards
B. Performance Standards
K Define basic terms in Social Science Economics;
C. Learning Competencies/Objectives S Explain why Economics became a social science; and
Write the LC code for each
A Appreciate the significance of studying economics.
II. CONTENT Introduction to Applied Economics
A. References
1. Teaching Guide pages
2. Learner’s Materials pages
3. Textbook Pages
4. Additional Materials rom Learning
Resources (LR) portal
B. Other Learning Resources Laptop, Projector, PowerPoint Presentation
Prayer, Greetings, Checking of Attendance
Teacher gives a brief introduction of the subject Applied Economics.
Teacher provides pre-test to the students.

True or False: Carefully read each sentence and determine if the sentence is true or if the sentence is
1. Economics comes from the Greek word oikonomia which means household chores.
A. Reviewing previous lesson or 2. Economics is considered a field of social science.
presenting the new lesson 3. Economics is relevant because it is part of everybody’s life.
4. There are three (3) divisions of Economics, the microeconomics, the macroeconomics and
the home economics.
5. As a science, Economics is related to other sciences.

Essay. Answer the following using five (5) sentences and above.
a. As an individual, what do you think is the essence of studying economics?
b. How do you apply economics in your household?
Start-up Activity:
Teacher says “In front of you are candies that you could get and eat. Come on, everybody is invited to
B. Establishing a purpose for the lesson get candies. Do not be shy…”

What happened when you were invited to get candies? State your observation.
Give definition of Economics.
C. Presenting examples/instances of the
Give definition of Economics by authors of Economics books.
new lesson
Ask students what are the common words among the definitions given by various economists.
Explain economics as
1. A study of Wealth
2. A study of making choices
3. A study of allocation

Ask students what are the concerns of economics.

D. Discussing new concepts and practicing
1. Economics is concerned with PRODUCTION
new skills #1
2. Economics is concerned with DISTRIBUTION
3. Economics is concerned with CONSUMPTION
4. Economics deals with Public Finance

Ask students what are the two divisions of economics. Give explanation of the two: Microeconomics
and Macroeconomics. Give the types of economics.
Ask students what they think is the essence of studying economics.
E. Discussing new concepts and practicing Then, provide the following essence of studying economics:
new skills #2 1. To understand the world better
2. To gain self-confidence and become wise decisions makers
3. To achieve social change and contribute to National Development
4. To help prepare for other careers
F. Developing mastery
(Leads to Formative Assessment 3)
Problems and Application: Oral Recitation
G. Finding practical applications of
How much did you spend on the last item you bought for yourself? What other things could you have
concepts and skills in daily living
bought with the same amount of money? Why didn’t you buy the other items you just listed?
H. Making generalizations and Is Economics a science? Explain why if “yes” or why not if “no”.
abstractions about the lesson What is the significance of knowing about economics?
Quiz: Identification
1. Economics came from the Greek word _______ which means “household management”.
2. According to him, economics is “a scientific study which deals with how individuals and society make
3. It is the study of social behavior guiding in the allocation of scarce resources to meet the unlimited
needs and desires of the individual members of a given society.
4. The earlier definition of economics as the science of wealth-getting and wealth-using implies that the
motivation of the process of wealth accumulation is the utilization of wealth for the individual’s
satisfaction and society’s welfare.
5. It deals with the economic behavior of the individual units such as consumers, firms, the owners of
factors of productions.
6. It is the allocation of the total product among members of society. It is related to the problem of for
whom goods and services are to be produced.
I. Evaluating learning
7. It is used of good and services.
8. It is the use of inputs to produce outputs.
9. It refers to management of income, expenditures, wealth or resources of a nation.
10. In everything we do, whether we produce or consume, whether wealth-getting or wealth-using, we
make decisions and these decisions are based on alternative choices.

Part II. Enumeration.

1 – 4. Common words in Economics
5 – 7. Study of Economics
8 – 11. Concerns of Economics
12 – 13. Divisions of Economics
14 – 17. Types of Economics
18 – 20. Essence of Studying Economics
Activity: Newspaper Clipping Cut an article from any leading newspaper under the business section.
J. Additional activities for application or Identify the article whether Microeconomics or Macroeconomics. Discuss and be able to explain why
remediation the article falls under the Microeconomics or Macroeconomics. (Note: Be able to specify the exact
issue of the newspaper).
A. No. of learners who earned 80% in the evaluation.

B. No. of learners who require additional activities for

remediation who scored below 80%.
C. Did the removal lesson work? No. of learners who
have caught up with the lesson.
D. No. of learners who continue to require
E. Which of teaching strategies worked well? Why did
these work?
F. What difficulties did I encounter which my principal
or supervisor can help me solve?
G. What innovation or localized materials did I
use/discover, which I wish to share with other

Prepared by: Reviewed and Checked by:


Subject Teacher Principal 1