Division of Masbate

AROROY NATIONAL HIGH SCHOOL

Ambolong, Aroroy, Masbate
AROROY NATIONAL HIGH Grade G12-
School
SCHOOL Level AROMA
APPLIED
GRADES 1 TO 12 MAY ANTONETTE D. Learning
Teacher ECONOMIC
DETAILED LESSON HUELVA Area
S
PLAN
Teaching
FEBRUARY 26, 2024 3RD
Dates & Quarter
3:00-4:00 QUARTER
Time

I. OBJECTIVES
The learner demonstrates an understanding of the law of supply
A. Content Standard and demand, and factors affecting the economic situation.

The learner shall be able to conduct a survey of current

B. Performance Standard economic situations within the vicinity.

The learners should be able to explain the law of demand and

supply. ABM_AE12-Ie-h-4
C.LearningCompetencies/
Objectives (Write the LC At the end of the lesson, you are expected to:
code for each) a. Explain the concept of the market demand
b. Find the slopes of demand and
c. Illustrate the movement of demand curve.
II. CONTENT The Law of Demand
III. LEARNING
RESOURCES
A. References
1. Teacher’s Curriculum guide-applied subject
Guide pages Teacher’s guide pp. 18-19.
2. Tearner’s
pp. 50-53
Materials pages
3. Textbook pages pp. 50-55
4. Additional
Materials from
Learning
Resource (LR)
portal
B. Other Learning
Laptop, pictures, cartolina, whiteboard, colored papers,
Resources

A. Reviewing previous The teacher will start the lesson by conducting the preliminaries:
lesson or presenting the  Prayer
new lesson (5 minutes)  Checking of attendance
(Obj. 5 Established safe  Reminders
& secure learning a. Please set your cell phones in silent mode.
environment and b. Listen/Respect the opinion/ideas of others.
enhance learning c. Participate fully in the discussion and in any activity.
through the consistent The teacher will distribute speaking chips in class and
implementation of let them use the chips as they recite.
policies, guidelines, and d. Communicate only using polite speech and body
procedure) language.
e. Observe the CLAYGO (Clean As You GO)
After giving the reminders to have a safe and secure learning
environment the teacher will call some students to RECAP on the
previous lesson….

Present the new lesson “THE LAW OF DEMAND”

B. Establishing a The teacher will establish the purpose of the lesson:

purpose for the lesson a. Explain the concept of the market demand
(Obj. Applied knowledge b. Illustrate the movement of demand curve and
of content within and c.Apply principles of market demand in pricing commodities.
across curriculum
teaching areas.)
Upon establishing the purpose of the lesson. The teacher will
*History-Understanding show a video clip that tackles rice shortage.
historical events
impacting supply and
demand

*Environmental Science-
Analyzing how
environmental factors
affect supply and demand

https://www.youtube.com/watch?
v=UcU8Wp4v8VQ&ab_channel=UNTVNewsandRescue

Guide Questions:
1. What did you observe on the current price of rice in
the Philippines?
2. What are the impacts of rice shortage in the
Philippines?
3. Does it affect the daily life of Filipinos?
4. What is the connection of the rice shortage to market
demand?
C.Presenting The teacher will let the students illustrate in a role-playing game
examples/instance of the where students will act as sellers and buyers in a simulated
new lesson (5 minutes) market.

(Obj. 1 Applied knowledge Guide Questions:

of content within and
1. What did you buy?
across curriculum
teaching areas.) 2. Were you able to bought the product that you desired?
If your answer is no, Why?
3. Can the quantity of the products in the simulated
market available for purchase at the given time?
D. Discussing new GROUP ACTIVITY
concepts and practicing Direction:
new skills. 1. The class will be divided into three (3) groups.
2. The teacher will provide each group with meta cards for their
(Obj. 2. Used a range of
activities.
teaching strategies that 3. Each group will be given a scenario or real life situation
enhance learner wherein they have to illustrate the law of market demand in a
achievement in literacy simulated market.
and numeracy skills)
4. Have the group create a market simulation to understand the
(Obj. 3. Applied a range dynamics of market demand.
of teaching strategies to 5. The teacher will let the student work for 15 minutes.
develop critical and 6. Each group will present their outputs to the class.
creative thinking, as well
as other higher-order RUBRIC:
thinking skills.)

(Obj. 5. Established safe

and secure learning
environments to enhance
learning through the
consistent implementation
of policies, guidelines,
and procedures)

(Obj. 6. maintained
learning environments
that promote fairness,
Group 1: Market Simulation
respect and care to
1.Form group of sellers and buyers.
encourage learning.)
2.Set prices and quantities for goods.
3.Allow negotiations and transactions based on the law of
demand.

Guide Questions:
A.What happens to prices when demand increases but supply
remains constant?
B. How does a surplus in supply impact market demand?
C. Explain the concept of elasticity in relation to market
demand.

Group 2: Supply and Demand Auction

1. Students will be divided into buyers and sellers.
2. The auctioner will introduce items and students will bid based
on their perceived value.
3. The biggest bidder wins the item.

Guide Questions:
A. What strategies did you use to win an item at the
auction?
B. How did the concept of market demand affect your
bidding decisions?
C. Explain how the auction reflects the law of demand?

Group 3: Increase in Demand due to Popular Trend

1. Discuss a scenario where the demand for a product suddenly
 increases due to a popular trend.

Guide Questions:
A. What factors can shift the demand curve?
B. How does an increase in demand affect the price of a
product?
C. What is the impact of the increase in demand due to a
popular trend?

The Teacher will process the answers of the stundents for each
group.

Guide Questions:
1. Based from your activity, how do you explain the
concept of market demand?
2. How does a particular event affect market demand?
E. Developing mastery Illustrate the slope of Demand using Point A and B and prepare
(leads to formative a graph based on the given table.
assessment 3)
Point Price Quantity 500
A 500 0 400
B 400 100 300
C 300 200
200
D 200 300
100
E 100 400
F 0 500
0 100 200 300 400 500
Demand Schedule of Rice Demand Curve for Rice

F. Finding practical Ilustration:

applications of concepts
and skills in daily living Suppose that one day the weather is very hot. How does this
6 minutes) event affect the market for ice cream?
(Obj. 1 Applied knowledge
of content within and
across curriculum
teaching areas.)

(Obj. 2 Used a range of

teaching strategies that
enhance learner in
literacy and numeracy
skills.

https://www.google.com/search?
sca_esv=9922c09ff6e53a84&rlz=1C1PASC_tlPH943PH943&sxsrf=ACQVn0_oRAoXYvkSFFSQfUNljKN67njI4A:17108928431
14&q=extreme+heat+wave+weather+very+hot&uds=AMwkrPuuG22pEhevvvaXtw_68kJP7Su-B7nndW8kfoU-B-
NXAcV3tUuNv6EWyCjorbVx6-rTazYn39mvoAh4qs2yMmhyhr1t9bFCliKLOFTH-AisBf-
hxt5PWhR2uiwfHAHSeM5JeXcLMy8JrdhJ8OjMDpVhQ3vIJRqk4qYKSuTExU9V-
GZnRX7fAf_dlpXq1u_JPPQcm5vvEd7JH1v_vn6v2Fx1pekcOYyMXMYgNyVPTy-
JW82a792ZoyW_w_d6TkPTpgz9rkx_QH0owpBcuoF46kH9t4I_Y2jZ6kxEqN5iWXGR2Go_plt6tatj8zaBpddBvdZCK8xT8KxbA3
0GkVc1By0sZuuiqjxbSYs2-Fl11mkwD-
y8FGg&udm=2&sa=X&ved=2ahUKEwjwjabBxIGFAxWhxDgGHaovAM8QxKsJegQICBAB&ictx=0&biw=1280&bih=551&dpr=1.5
 #vhid=X-X9WfRMSv8dDM&vssid=mosaic

G. Making generalizations The teacher will ask the students to come up with a
and abstractions about generalization of the lesson by producing a thirty (30) seconds
the lesson television advertisement/commercial that illustrates a consumer
satisfaction in terms of quality and price of certain product.
H. Evaluating learning Test I.
Direction: Explain the following terms. Two (2) points each.
1. Law of Demand
2. What is the relationship of quantity demanded versus the
price?
3. What is the income effect and substitution effect if the price
falls.

Test II.
Point Price Quantity
Direction: Find the slope of
K 1,000 0 Demand using Point K and L
L 800 2 and prepare a graph.
M 600 4
N 400 6
1,000
O 200 8 0
800
P 0 10
600

400
200

0 2 4 6 8 10

Change in P P2-P1
Slope of D = = Q2-Q1
Change in Q

Slope of D = ____________

Guide Questions:
1. Based from the graph above, what is the movement of the
demand curve?

I. Additional Activities for Assignment:

Application or Direction: Answer the following by applying the concepts of the
remediation law of market demand.

1. Do you have a particular brand preference for specific

product?
2.Why do you buy a specific brand?
3.What do you do when there is a change in the price of that
specific brand?
4.What if your family income decreases, are you still willing not
to give up using that product?

V. Remarks

VI. Reflections

VII. Others
A. No. of learners who
earned 80% on
 formative assessment
B. No. of learners who
require additional
activities for
remediation
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 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 material/s
did I use/discover
which I wish to share
with other teachers?

PREPARED BY:

MAY ANTONETTE D. HUELVA

Teacher II

OBSERVED BY:

DOLORES E. SAN LORENZO

Assistant Principal II, SHS
Date:___________________
Note: HOTS questions were highlighted in color yellow
pantomym
skit
draw