School Grade Level 11/12

DAILY LESSON LOG Teacher Learning Area APPLIED ECONOMICS

Department of Education Teaching Dates and Time WEEK 5 Quarter QUARTER 2
Session 1: Session 2: Session 3: Session 4:
I. OBJECTIVES
The learner demonstrates an understanding of…
A. Content Standards
various socioeconomic impacts of business on the following sectors: consumer, supplier and investors, government, households, and international trade.
The learners shall be able to …
B. Performance Standards conduct a socioeconomic impact study on consumers (new product and services); suppliers; investors (capital, income) government (tax revenues, poverty alleviation, basic
services); households (standard of living, employment) and international trade (exports and imports of goods and services) leading to options in venturing into a business.
Explain the effects of the various socio-economic factors affecting business and industry:
C. Learning  Describe socio-economic factors that impact business and industry.
Competencies/Objectives  Analyze effects of these factors on business and industry.
 Adapt to socio-economic changes to maintain competitiveness and growth.
II. CONTENT SOCIO-ECONOMIC FACTORS AFFECTING BUSINESS AND INDUSTRY (part 1)
III. LEARNING RESOURCES
A. References
1. TG’s Pages
2. LM’s Pages
3. Textbook’s Pages
B. Other Resources
IV. PROCEDURES
a. Ask the students to identify some
examples of socio-economic factors  Ask the students to recall the
a. Ask the students to recall the previous
that can impact businesses and concepts they learned in the previous
lesson's topic about the different
industries, based on their previous lesson about socio-economic factors
industries and their relevant business
1. Reviewing previous lesson or knowledge on the topic. that impact business and industry. Review and recall the previous lessons
principles.
presenting the new lesson b. Introduce the new lesson by  Explain that this lesson will focus on ready for the assessment.
b. Introduce the new topic about socio-
explaining that in this lesson, they how businesses can adapt to socio-
economic factors that impact business
will learn how to analyze the effects economic changes to remain
and industry.
of these factors on businesses and competitive and grow.
industries.
Explain that the purpose of the lesson is By the end of this lesson, students Discuss the importance of businesses
2. Establishing the purpose of the for the students to understand and describe should be able to analyze the effects of adapting to socio-economic changes to
lesson socio-economic factors that impact socio-economic factors on businesses remain relevant in their industry and to
business and industry. and industries. continue to grow.
3. Presenting examples/instances of  Show pictures or videos of businesses Provide real-life examples of how socio-  Show examples of businesses that
the new lesson affected by socio-economic factors economic factors affect businesses and have successfully adapted to socio-
such as natural disasters, economic industries, such as changes in consumer economic changes (e.g., companies
policies, and changing consumer behavior, government policies, that pivoted to online sales during the
behavior. economic growth, and market pandemic).
 Discuss with the students how these competition.  Discuss the benefits of being able to
factors impact the businesses and their adapt to socio-economic changes
 (e.g., increased revenue, expanded
industries.
customer base, improved reputation).
 Introduce the concept of SWOT
a. Discuss the different ways socio-
a. Define socio-economic factors and analysis (Strengths, Weaknesses,
economic factors can affect
explain its impact on businesses and Opportunities, and Threats).
businesses and industries, such as
industries.  Explain how businesses can use
increasing costs, changes in demand
b. Discuss examples of socio-economic SWOT analysis to identify areas
and supply, changes in production,
4. Discussing new concepts and factors that impact businesses such as where they can adapt to socio-
and changes in business regulations.
practicing new skills #1 inflation, unemployment, and economic changes.
b. Ask the students to work in pairs
government regulations.
and identify some specific examples  Have students work in groups to
c. Ask the students to provide real-life conduct a SWOT analysis of a local
of businesses that were impacted by
examples of businesses affected by business and identify areas where
socio-economic factors and explain
these factors. they can adapt to socio-economic
how these factors affected them.
changes.
a. Introduce the concept of SWOT
analysis (Strengths, Weaknesses,
Opportunities, and Threats), and
a. Discuss the different types of how it can be used to analyze the
 Introduce the concept of scenario
industries such as agriculture, effects of socio-economic factors on
planning.
manufacturing, and services. businesses and industries.
 Explain how scenario planning can
b. Ask the students to identify socio- b. Provide examples of how SWOT
help businesses prepare for potential
5. Discussing new concepts and economic factors that impact each analysis can be used to evaluate the
socio-economic changes.
practicing new skills #2 industry. effects of socio-economic factors on
c. Group the students and ask them to a business or industry.  Have students work in pairs to create
create a poster or presentation about a c. Ask students to work in small a scenario plan for a local business to
specific industry and the socio- groups and conduct a SWOT prepare for a potential socio-
economic factors that impact it. analysis of a business or industry economic change.
affected by socio-economic factors,
using the knowledge they acquired
from the lesson.
 Divide the class into groups.
 Assign each group a different socio-
a. Divide the students into groups and economic change (e.g., economic
give each group a socio-economic recession, technological disruption,
factor to research and present. social trend).
6. Developing Mastery
b. After the presentations, ask the  Have each group brainstorm ways
students to provide feedback and ask that businesses can adapt to their
questions about the presented topics. assigned socio-economic change.
 Each group will present their ideas to
the class.
7. Finding practical applications of  Discuss with the students how socio- Ask students to think of how they can  Discuss how the concepts and skills
concepts and skills in daily economic factors affect their daily use SWOT analysis to evaluate the learned in this lesson can be applied
living lives. effects of socio-economic factors in to students' future careers and
 Ask the students to identify and their personal lives, such as planning personal lives.
explain socio-economic factors that their careers or starting a small business.  Have students share their own
 experiences of adapting to socio-
impact their families or communities.
economic changes.
Discuss the broader implications of
 Summarize the key concepts and ideas  Ask the students to reflect on what
analyzing the effects of socio-economic
discussed in the lesson. they learned in the lesson.
8. Generalizing and abstractions factors on businesses and industries,
 Ask the students to write a reflection  Discuss how the concepts and skills
about the lesson such as understanding economic trends
on what they have learned and how it learned can be applied to different
and making informed decisions in
applies to their lives. situations and industries.
various fields.
The teacher will provide a quiz to assess
9. Evaluating Learning the learnings of the students for the whole
week.
A. Ask the students to research and
 Provide additional case studies or
present a case study of a business that
examples of how socio-economic
has successfully adapted to socio-
factors have affected businesses and
10. Additional Activities for economic changes.
industries.
Application or Remediation B. Provide additional readings or videos
 Encourage students to conduct
about socio-economic factors that
further research on the topic and
impact businesses and industries for
present their findings in class.
further learning

V. REFLECTION

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 remedial lessons work?
No. of learners who have caught
up with the lesson.
D. No. of learners who continue to
require remediation.
E. Which of my teaching strategies
worked well? Why did this
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
teachers?