Republic of the Philippines

DEPARTMENT OF EDUCATION
Region IV-A CALABARZON
Division of Laguna
LAGUNA SENIOR HIGH SCHOOL
Provincial Capitol Compound, Santa Cruz, Laguna
S.Y. 2018-2019

BUDGET OF WORKS
S.Y. 2018 - 2019
SEMESTER: 1st

SUBJECT: Applied Economics

CONTENT STANDARD:

PERFORMANCE STANDARD:

No. of Hours/ Semester: 80 hours

FIRST QUARTER
CODE LEARNING COMPETENCIES CONTENT NO. OF DAYS EXAMINATION
TAUGHT (SUMMATIVE TEST)
 Chapter 1

Introduction to Applied Economics

ABM_AE12-Ia-d-1 1. define basic terms in applied 1.1 Revisiting Economics as a social 3

economics science

ABM_AE12-Ia-d-2 2. identify the basic economic 1.2 Economics as an applied science 15

problems of
the country 1.3 Basic economic problems
and the Philippine socioeconomic 2
ABM_AE12-Ia-d-3 3. explain how applied economics can development in the 21st century
be used to solve economic problems

Chapter 2
1
Applied Economics:

ABM_AE12-Ie-h-4 1. explain the law of supply and
demand and how equilibrium price and
quantity are determined
2. discuss and explain factors
ABM_AE12-Ie-h-5 affecting demand and supply
3. compare the prices of commodities
ABM_AE12-Ie-h-6
and analyze the impact on consumers
ABM_AE12-Ie-h-7 4. explain market structures (perfect
competition, monopoly, oligopoly, and
monopolistic competition
2.1 Application of Supply and Demand Note: Ang Summative Test ay hindi
a. Prices of basic commodities 5 isinasama sa bilang ng araw/ oras
b. Labor supply, population growth, and 3 ng pagtuturo. Ito ay binibilang na
wages bukod na araw.
c. Labor migration and the Overseas 2
Filipino Worker (OFW) phenomenon
d. The Philippine peso and foreign 2
currencies
e. The Philippine housing shortage and 2
the real estate boom: Rent and Price
structure

ABM_AE12-Ie-h-8 5. analyze the effects of contemporary 2.2 Contemporary Economic Issues

issues such as migrations, fluctuations Facing the Filipino Entrepreneur
in the exchange rates, oil price a. Investment and interest rate 2
increases, unemployment, peace and b. Rentals 1
order, etc. on the purchasing power of c. Minimum wage 1
the people d. Taxes 2
 TOTAL 40
SECOND QUARTER
Chapter 3

1. identify and explain different Industry and Environmental Analysis:

principles, tools, and techniques in Business Opportunities Identification
ABM_AE12-IIa-d- creating a business
9
3.1 Principles, Tools, and Techniques
a. competition
b. customers
c. suppliers
d. competitors
e. substitutes

2. distinguish the different 3.2 Types of Industries

ABM_AE12-IIa-d- services/products of business and a. agribusiness
10 industry in the locality b. manufacturing
c. retail and services
d. international trade (exports and
imports)

3.3 identification of Business

Opportunities

Chapter 4

Socioeconomic Impact Study

a. consumer (new products and

services)
b. suppliers - investors (capital, income)
c. government (tax revenues, poverty
alleviation , basic services)
d. households (standard of living,
 employment)
e. international trade (exports and
imports of goods and services)

1. Identify and explain the various

socioeconomic factors affecting
business and industry

2. analyze and evaluate the viability of

a business and its impact on the
community

3. analyze and evaluate the viability of

a business and its impact on the
community
TOTAL 40