Name: Marsha L.

Salise Date: February 17, 2019

Learning Area: Applied Economics 12 Time: 8:00-10:00
I. Objectives
At the end of the lesson, the students will be able to:
a. Define Law of Demand and the Law of Supply;
b. Explain the difference between a change in quantity demanded and a change in
quantity demand, and the difference between the change in quantity supplied
and the change in supply;
c. Relate equilibrium price and quantity determination in demand and supply in
present situation of the market
II. Subject Matter
A. Topic: Demand and Supply in Relation to Prices of Basic Commodities
B. References: Kto12 Complaint Applied Economics, pp. 91-93
C. Resources: Book, Chalk
III. Procedure:

Teacher’s Activity Student’s Activity

A.Awareness
(The Students will answer.)
(The teacher will ask the following question)
 What have you observe about the
prices of the products in our market
for the past few days?
B.Activity (The students observe the posted graph and
give their opinions based on what they
(The teacher will post the graph of observe.)
equilibrium price or market clearing price and
asks the student’s opinion about the graph.

C.Analysis

The teacher discuss the following: (The students listen keenly.)

a. Law of Demand
b. Law of Supply
c. Changes in quantity demanded
d. Changes in quantity supplied

D.Abstraction

 How important is market clearing

price in the present situation in our
market?
 How can you relate equilibrium price
and quantity in demand and supply in
real-life situation?
 Teacher’s Activity Student’s Activity

E.Assessment

 Name a product that you recently

purchased because it was on sale.
Identify the factor that change the
supply of the product and the factor
that change the demand for the
product.

IV.Evaluation

Read the News Article about the “

Price of Rice” on pages 94-97 and answer
the follow up questions written below.
1. Relate the changes in the price of
rice to change in demand for rice
and supply of rice.
2. Construct a diagram on the
changes in demand for rice and
supply of rice.

V. ASSIGNMENT

Study about the following:

1. Demand and Supply of Labor
Name: Marsha L. Salise Date: February 26, 2019
Learning Area: Applied Economics 12 Time: 8:00-10:00
I. Objectives
At the end of the lesson, the students will be able to:
a. Discuss how the supply of labor becomes elastic and perfectly inelastic
b. Explain how the consumers demand for labor affects the producers demand for
labor
c. Outline the causes of the decrease of supply of labor
II. Subject Matter
A.Topic: Demand and Supply in Relation to Labor, Supply and Population
Growth
B.References: Kto12 Complaint Applied Economics, pp.
C.Resources: Book, chalk
III. Procedure:

Teacher’s Activity Student’s Activity

A.Awareness

Before we proceed to our next topic let’s (The student answers.)

have a short recap about the previous
topic.

B.Activity

The teacher ask the students:

 What can you say about the The prices are always changing.
number of labor in our country
nowadays compared to the past
years? (One of the student answers)
 Is there an increase of wages as
the years went on?

C.Analysis

The teacher discuss about the:

a. Demand of Labor
b. Supply of Labor
c. Interaction of Demand and Supply
D.Abstraction

 How does the consumer’s demand (One of the students answer.)

affect the producers demand for
labor?
 How do demand and supply relate
to labor supply?
 Under what circumstances will
there be unemployment in the
economy as a whole?

E.Assessment

Evaluate how demand and supply is

related to labor supply.

IV. Evaluation

On page 106 read the article, titled

“Underemployment Problem” and answer

the following questions on a 1 whole
sheet of paper.

1. What are the causes of the

decrease of supply of labor?
2. How can this problem be solved?

V. Assignment

Study about the Demand and Supply in

Relation to Labor Migration and the
Overseas Filipino Workers
Name: Marsha L. Salise Date: March 1, 2019
Learning Area: Applied Economics 12 Time: 8:00-10:00
I. Objectives
At the end of the lesson, the students will be able to:
a. Identify the factors that affect the increase or decrease of supply or demand in
Relation to Labor Migration and the Overseas Filipino Workers
b. Analyze the Effects of Labor Migration to the Increase or decrease in our country
c. Appreciate the data of the Overseas Filipino Workers in terms of
Demographic,Gender,Age, and Occupation
II. Subject Matter
A.Topic: Demand and Supply in Relation to Labor Migration and the OFW’s
B.References: Kto12 Complaint Applied Economics, pp.
C.Resources: Book, chalk
III. Procedure:

Teacher’s Activity Student’s Activity

A.Awareness

 Opening Prayer (The student answers.)

 Checking of Attendance
 Recap of the Previous topic

B.Activity

The Teacher will ask the following

questions:
 Who among you here have
relatives who work abroad?
 Do you have any plans to work
abroad in the future? Why?

C.Analysis

The teacher will discuss the following

terms in connection with the topic:
 Factors that affects the shift of
Demand and Supply
 Factors affecting Migration
D.Abstraction

How do these factors affect the

Demand and Supply of Labor to
the OFW’s?

IV. Evaluation

Answer the following

1. In the labor market, what causes a
movement along the demand
curve? What causes a shift in the
demand curve?
2. Why is a living wage considered a
price floor? Does imposing a living
wage have the same outcome as a
minimum

V. Assignment

Study for short quiz tomorrow.(next

meeting)