Senior High School Department

Strand

LEARNING PLAN
First Term
AY 2022 – 2023

VISION
We are National University, a dynamic private institution committed to nation building, recognized internationally in teaching and research.

MISSION
Guided by the core values and characterized by our cultural heritage of Dynamic Filipinism, National University is committed to providing relevant,
innovative, and accessible quality education and other development programs.
We are committed to our:
STUDENTS, by molding them into ethical, spiritual and responsible citizens.
FACULTY and EMPLOYEES, by enhancing their competencies, cultivating their commitment and providing a just and fulfilling work environment.
ALUMNI, by instilling in them a sense of pride, commitment, and loyalty to their alma mater.
INDUSTRY PARTNERS and EMPLOYERS, by providing them Nationalians who will contribute to their growth and development.
COMMUNITY, by contributing to the improvement of life’s conditions.

CORE VALUES
1. Integrity 2. Compassion 3. Innovation 4. Resilience 5. Patriotism

Subject Code SSAPECO

Subject Title Applied Economics
This course deals with the basic principles of applied economics, and its application to contemporary economic issues
Subject Description facing the Filipino entrepreneur such as prices of commodities, minimum wage, rent, and taxes. It covers an analysis
of industries for identification of potential business opportunities. The main output of the course is the preparation of a
socioeconomic impact study of a business venture.
No. of Hours 80 hours
Pre-requisite N/A
Co-requisite N/A
LEARNING OUTCOMES

On the completion of the course, the student is expected to be able to….

Also, the student is expected to:

Graduate Attributes Intended

Learning Outcomes
for Nationalians (GAINs)

Leadership and Teamwork

LO1: Develop leadership and teamwork through collaborating with others.
Responsible Citizenship
LO2: Realize significant role in the community towards becoming a moral citizen.
Innovative, Creative, and Critical LO3: Enhance innovative and creativity towards real life scenario application.
Thinking LO4: Practice critical thinking in association to problem-solving.
LO5: Enhances one’s qualities and adopts practical ways of becoming a responsible adolescent prepared for
Academic and Professional adult life.
Competence LO6: Construct learning and acquire necessary skills intended to develop academic and professional
competence.
LO7: Exercise communication skills through collaborating with others.
Effective Communication
LO8: Utilize communication skills through public speaking.
Whole-Person Character LO9: Evaluate oneself toward observing, analyzing, and improving one’s own actions/results.
LO10: Assessment of oneself toward the current skillset that will be directed to self-improvement.
Life and Career Skills Orientation
LO11: Build a career path directed toward one’s own goal.
Technological Literacy LO12: Utilizes technology in association to the application of learning.

Note: Some learning objectives are adapted from the Learning Plan of Personal Development of NU MOA S.Y. 2021-2022.
LEARNING OUTPUTS

As evidence of attaining the above learning outcomes, the student is required to do and submit the following during the indicated dates of the term.

LEARNING
SPECIFIC LEARNING OBJECTIVES* REQUIRED OUTPUT DUE DATE**
OUTCOMES
MIDTERM
Lesson 1: LO3 1.define basic terms in applied economics Understanding Economics: The things I December 16, 2022
learned
Lesson 2: LO3 1.identify the basic economic problems of the
country
Lesson 3: LO2, 1. explain how applied economics can be Economics in Today’s modern day December 21, 2022
LO3 used to solve economic problem environment
Lesson 4: LO1, 1. explain the law of supply and demand, and Role Playing: Application of Demand and January 6, 2023
LO6, LO7, LO8 how equilibrium price and quantity are Supply
determined
2.discuss and explain factors affecting
demand and supply
3.compare the prices of commodities and
analyze the impact on consumer
Lesson 5: 1.explain market structures (perfect Business Interview: The Filipino January 13, 2023
LO1,LO9, LO10, competition, monopoly, oligopoly, and Entrepreneur
LO12 monopolistic competition)
Lesson 6: 1. analyze the effects of contemporary issues Business Interview: The Filipino January 20, 2023
LO1,LO9, LO10, such as migration, fluctuations in the Entrepreneur
LO12 exchange rate, oil price increases,
unemployment, peace and order, etc. on the
purchasing power of the people
FINALS
Lesson 7: LO5, 1.identify and explain different principles, Business Opportunities: Benchmarking February 3, 2023
LO7 tools, and techniques in creating a business
Lesson 8: LO4, 1. distinguish the different services/products Business Opportunities: Formation of February 10, 2023
LO8 of business and industry in the locality Strategies
Lesson 9: LO4, 1. identify and explain the different business Business Opportunities: Implementation February 17, 2023
LO8 opportunities
Lesson 10: LO1, 1. Identify and explain the various Environmental Analysis: An In-depth review February 24, 2023
LO2, LO7, LO9, socioeconomic factors affecting business on the economic status on the following:
LO10, LO12 and industry - consumer
- supplier
 Lesson 11: LO1, 1.Identify and explain the various Environmental Analysis: An In-depth review March 3, 2023
LO2, LO7, LO9, socioeconomic factors affecting business and on the economic status on the following:
LO10, LO12 industry - government

Lesson 12: LO1, 1. formulate recommendations and Environmental Analysis: An In-depth review March 10, 2023
LO2, LO7, LO9, strategies on how to minimize and on the economic status on the following:
LO10, LO12 maximize a business’s negative impact - household
and positive impact, respectivel - international trades

*Specific Learning Objectives are based on the Curriculum Guide (CG) of Personal Development from the Department of Education (DepEd)

** Due dates may be adjusted due to unseen situations that may occur in the future.

RUBRICS FOR ASSESSMENT (NOTE: Rubrics are adapted from different sources, and it is aligned to what should be measured in every activity
to be given in its respective lesson)

Rubric for Reflection Paper

Rubric for Role Playing
OTHER REQUIREMENTS AND ASSESSMENTS:

Aside from the required learning outputs, the student will be assessed at other times during the term by the following:
Midterm:
- Graded Recitation
- Case Analysis
- Business Discussion
- Self-Reflection
- Quizzes
- Summative Test
Finals:
- Graded Recitation
- Case Analysis
- Business Discussion
- Quizzes
- Summative Test

GRADING SYSTEM

The students will be graded according to the following:

Written Works Performance Task Quarterly Assessment

25% 45% 30%

NOTE: The grading system will be applied to both Midterm and Finals. However, in order to compute the average grade, grades in the
Midterm and Finals will be added and divided by 2.
LEARNING PLAN
 LEARNING TEACHING
WEEK TOPICS LEARNING OUTPUT/S RESOURCES
OUTCOMES STRATEGIES

1 ORIENTATION WEEK
Lesson 1: Introduction to Applied
Discussion about the
Economics
economics and its
2 1.1 Revisiting Economics as a social LO3 [1] , [2] , [3]
connection to social
science
science

Discussion about the

Lesson 2: Introduction to Applied
economics and its
Economics
2 LO3 connection to applied [1] , [2] , [3]
1.2 Economics as an applied science
science

Discussion about the

economic problems and
Lesson 3: Introduction to Applied
the Philippines
Economics
socioeconomic Economics in Today’s
3 1.3 Basic economic problems and the LO2, LO3 [1] , [2] , [3]
development in the 21st modern day environment
Philippine socioeconomic development in
century
the 21st century

Lecture on the
application of supply
Lesson 4: Application of Supply and demanf
and Demand
LO1, LO6, Role Playing: Application
4 a. Prices of basic commodities Application of the [1] , [2] , [3]
LO7, LO8 of Demand and Supply
b. Labor supply, population concepts of supply and
growth, and wages demand towards
pricing, population and
wages
5 Lesson 5: Contemporary Economic LO1,LO9, Business Interview: The [1] , [2] , [3]
Issues Facing the Filipino LO10, LO12 Discussion on the Filipino Entrepreneur
Entrepreneur different contemporary
a. Investment and interest economic issues facing
rate the Filipino
b. Rentals Entrepreneur
 Lesson 6: Contemporary Economic Business Interview: The
Issues Facing the Filipino Discussion on the Filipino Entrepreneur
Entrepreneur LO1,LO9, different contemporary
6 [1] , [2] , [3]
c. Minimum wage LO10, LO12 economic issues facing
d. Taxes the Filipino
Entrepreneur
7 MIDTERMS
Lesson 7: Industry and Business Opportunities:
Environmental Benchmarking
Analysis: Business Opportunities
Discussion on the
Identification
Industry and
3.1 Principles, Tools, and
Environmental Analysis
8 Techniques LO5, LO7 [1] , [2] , [3]
a. competition
Group sharing about
b. customers
business opportunities
c. suppliers
d. competitors
e. substitutes
Lesson 8: Industry and Business Opportunities:
Environmental Formation of Strategies
Analysis: Business Opportunities
Discussion on the
Identification
Industry and
3.2 Types of Industries
9 LO4, LO8 Environmental Analysis [1] , [2] , [3]
a. agribusiness
b. manufacturing
c. retail and services
d. international trade (exports and
imports)
Lesson 9: Industry and Discussion on the Business Opportunities:
Environmental Analysis: Business Industry and Implementation
10 Opportunities Identification LO4, LO8 Environmental Analysis [1] , [2] , [3]
3.3 identification of Business And Identification of
Opportunities business opportunities
11 Lesson 10: Socioeconomic Impact LO1, LO2, Discussion about the Environmental Analysis: [1] , [2] , [3]
Study LO7, LO9, socioeconomic impact An In-depth review on the
a. consumer (new products and services) LO10, LO12 study economic status on the
b. suppliers – investors (capital, income) following:
 Focus Group - consumer
Discussion about - supplier
consumers and
suppliers
Environmental Analysis:
Discussion on the An In-depth review on the
Lesson 11: Socioeconomic Impact
LO1, LO2, socioeconomic impact economic status on the
Study
12 LO7, LO9, specifically on the following: [1] , [2] , [3]
c. government (tax revenues, poverty
LO10, LO12 government - government
alleviation, basic services)

Lesson 12: Socioeconomic Impact

Environmental Analysis:
Study Discussion about the
An In-depth review on the
d. households (standard of living, LO1, LO2, socioeconomic impact
economic status on the
13 employment) LO7, LO9, specifically on the [1] , [2] , [3]
following:
e. international trade (exports and LO10, LO12 households and
- households
imports of goods and services) international trade
- international trade
14 FINALS

REFERENCES

[1] Macalinao, E. M. (2020). Applied Economics. Unlimited Books: Library services and Publishing Inc.

[2] Dinio, R. P., Villasis, G. A. (2019). Applied Economics. Rex Bookstore.

[3] Viray, E. B., Avila-Bato, J. (2019). Applied Economics. Anvil Publishing.

ONLINE RESOURSES

http://cdi.mecon.gov.ar/bases/docelec/az2428.pdf

CLASS POLICIES:
PREPARED BY: CHECKED BY: APPROVED BY:

RIAN JAY P. DIMAANO RIAN JAY P. DIMAANO ANNALIZA C. SINFUEGO, MS, LPT
Subject Teacher Strand Coordinator SHS Principal