Lesson Plan in Applied Economics

Module NO. : 10 Date: June 6, 2022

Week No. : 6 Time: 8:00 am
Year and Section: Grade 12 ABM MARS Quarter: 4th

CONTENT STANDARD: The learners demonstrate understanding on the various socioeconomic impacts of
business on the following sectors: consumer, supplier and investors, government, households, and international
trade
PERFORMANCE STANDARD: The learners should be able to 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

MOST ESSENTIAL LEARNING COMPETENCIES:

Formulate recommendations and strategies on how to minimize and maximize a business’s
negative impact and positive impact, respectively (ABM_AE12II-e-g13)

SUB-TASKS
1. defines feasibility study
2. identifies the different parts of a feasibility study
3. interprets the findings of a feasibility study
4. examine each part of the feasibility study to formulate recommendations and strategies
5. select what are the best recommendations and strategies on how to minimize and maximize a
business’s negative impact and positive impact
6. formulate recommendation and recommendations and strategies on how to minimize and maximize a
business’s negative impact and positive impact

I. SUBJECT MATTER
A. Topic: Viability and Impacts of Business in the Community
B. Learning References:
✔ Dinio, Rosemary. et.al (2017) Applied Economics, Manila Philippines, Rex Bookstore
✔ Google
C. Learning Materials:
✔ AIRs – LM in Applied economics Quarter 4 - Module 10 – Viability and Impacts of Business in
the Community
✔ laptop, cellphone, internet connection, paper, ballpen, printer

ICT INSTRUCTION
In terms of supporting individuals in learning throughout their lives, ICTs hold great
promise for all students, including those who are gifted, talented, or have special
needs. These individuals are better able to contribute to society and be
 recognized, respected, and valuable members of it through improving their
independence, integration, and equitable opportunities.

II. STRATEGIES/PROCEDURE
Teacher’s Activity Student’s Activity ANNOTATION

R
Routines:
- Prayer - Play multimedia prayer

-Greetings - the learners will greet the teacher and

their classmates
- Attendance
-The learners will say present.

- Follow-up unsubmitted / incomplete

answer sheets / outputs of the Grade 12
ABM learners.

- Ask the learners if they received their

- The learners will listen to the class rules
week 6 modules.
- Answer queries of learners if there are
any.
- Remind students on the house rules

A. Activity
Jumpstart:
- the teacher will play a video about
business success.
-The businessman failed many times.
Questions regarding the video:
1. Based from the video, what can you
say about it? -The very first thing to have is IDEA.
2. Before you will put up a business,
what is the most important thing to
have?
3. What will you prepare first when you
-
start a business?
Very good learners! Your answers -Learners will give their answers to the
guide questions.
Good job!

B. Analysis:
- Process the answers of the learners
and relate it in today’s lesson viability and
impacts of business in the community.
- The students will listen carefully to further
understand the topic.

Excellent!

-the learners will recite and give their ideas

C. Abstraction:
about the questions of the teacher.
Ask the learners the following questions:
- The teacher will present and
discuss the lesson through a
PowerPoint presentation.

Ask questions regarding the lesson

- What is feasibility study all about?

- How will you identify the different

parts of the feasibility study?

- How will you examine each part of -The learners will answer the questions in
the feasibility study? Explore part of the module

The phrase "collaborative learning" serves

Excellent!
as a catch-all for a range of pedagogical
strategies that entail shared intellectual
work on the part of students, or students
and teachers working together while also
D. Application: studying remotely.

- Answer Explore on the module

- the teacher will call for students to
recite
Directions: Analyze each problem
independently then answer the questions
that follow. Write your answers on a ¼
sheet of paper.
1. Lito Jose wants to establish a computer
shop business. What is the most ideal form
of business organization that you will chose
and which aspect of the feasibility study it
must be included?

-the learners will be given 10 mins to finish

A. Corporation – Technical Aspect the activity.
B. Partnership – Marketing Aspect
C. Sole Proprietorship – Financial Aspect
D. Sole Proprietorship – Management - the learners will present their answers.
Aspect

2. Juan dela Cruz wants to write feasibility

study of its new product named “Product
X”. What part of the feasibility can you see
the detailed specification of the product? A.
Management Aspect B. Marketing Aspect
I. Prepare monthly financial statement is an
example of job specification.
II. Accountant is considered as job
description.
A. Statement I is true; statement II is false.
B. Statement I is false; statement II is true.
C. Both statements are true.
D. Both statements are false.
C. Socio-Economic Aspect
D. Technical Aspect
3. Evaluate the given statement then chose
the correct answer.
4.What could be included in the statement
of the problem?
A. What is the market of the proposed
product?
B. What is the demand of the proposed
product?
C. What is the rate of return of the
proposed business?
D. What is the form of business
organization that will be used?

5. The following findings of the different

aspects of the feasibility study are
presented as follows:
Marketing Aspect – Feasible Management
Aspect – Feasible Technical Aspect –
Feasible Financial Aspect – Feasible
Socio-Economic Aspect – Not feasible
What is your recommendation?
A. Accept with reservation.
B. Accept the business proposal
C. Reject the business proposal.
D. Reject today but accept tomorrow -the learners will answer the questions in
deepen part and let them explain each of
their answers.

- the teacher will call for learners to explain

their answers

- Answer Deepen on the module

- ask the learners to explain their

answers.

Direction: In a separate sheet of paper,

answer the cases below.
1. You want to establish a computer shop
business. Write three (3) questions that
can be answered by means of the
feasibility study?

Rubric:
3 – all questions written are possible
questions to be answered by FS
2 – 1 question is not a possible question to
Multiple choice test items can be
be answered by FS.
used to test factual recall, levels of
1 – 2 questions are not a possible question understanding, and ability to apply
to be answered by FS. learning (analyzing and evaluating).
Multiple choice tests can also
2. What is a good title of a feasibility study provide an excellent pre-assessment
that can be made based on number 1? indicator of student knowledge as
Rubric: well as a source for a post-test
discussion.

Multiple choice test items contain a

1 – the title jibe with the requirement.
stem which identifies the question or
3. Assume that the business in number 1 is problem.  The response choices
a sole proprietorship business. Prepare an contain the correct answer and
Organizational Chart. several distractors. This guide
provides some general strategies
and tips for designing stems and
distractors.
Rubric:
5 – Organizational chart is complete,
properly labeled, properly arrange and
fitted to the business form.
4 – Organizational chart is complete,
properly labeled, properly arrange but does
not fit the business form.
3 – Organizational chart is complete,
properly labeled but not properly arrange
and does not fit the business form
2 – Organizational chart is complete, not
labeled, not properly arrange and does not
fit the business form.
1 – Organizational chart is incomplete, not
labeled, not properly arrange and does not
fit the business form.
4. The different accounts in your Statement
of Financial Condition in its initial year of
operation have an initial amount of
PHP1,000 each. The same is true with the
liability accounts. Prepare at least 3
statements of assumption then apply it to
the financial statement for the second year.

Rubric:
3 – 3 correct statement of assumption; 3
correct applications.
2 – 2 correct statement of assumption; 2
correct applications.
1 – 1 correct statement of assumption; 1
correct application.

Additional Activity:
Make an infographic on how to minimize
and maximize the a business’s negative
impact and positive impact

Amazing!

III. Assessment: Read and understand the short story below. Based on our lesson, show your conclusion, and
answer the question.

Your boss has requested you to conduct a feasibility analysis for a new company endeavor he is developing. You
thoroughly investigated the feasibility study and determined that all components are realistic, yet the company
lost money in its first year. However, as the investigation progressed, it revealed that it incurred a substantial
amount of revenue in the next year. What recommendations will you make to your supervisor, and what
decisions will you make to address the issues that will arise? Give at least 3 recommendations and decision.

Essay is an analytic, interpretative, or critical literary composition usually much shorter and less systematic and
formal than a dissertation or thesis and usually dealing with its subject from a limited and often personal point of
view.

Rubric:
5- the recommendations and decisions are all appropriate
4- two recommendations and decisions are appropriate
3- one recommendation and decision is appropriate
2- no recommendation and decision is appropriate

REMARKS
No. of Learners

Mean

No. of Students with Mastery

No. of Students without Mastery

V. Other Activities/Assignment
Remediation (0-3 pts) Reinforcement (4-7 points) Enrichment: (8-10pts.)
- the learners will make a - the learners will present a title and - the learners will make a simple
proposed title for a certain statement of the problem for a certain feasibility report
business venture business venture
Prepared by: Checked:

RENALYN A. JIMENEZ DR. EMILIA V. VIZCARRA

SHS Teacher Master Teacher I

Checked Noted:

JOSELITO O. DUMOCMAT JOEL B. NAVA

OIC, Office of the Asst. Principal, SHS School Principal IV