Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave., [email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
CODE ABMAE12-IW5D5
GRADES 1 to School Grade Level 12 Semester 1
12 DAILY Teacher Learning Area Applied Economics
LESSON PLAN Teaching Date and Time
The demonstrates an understanding of…the law of supply and demand, and factors
A. Content Standards
affecting the economic situation
B. Performance The learner’s shall be able to…conduct a survey of current economic situations within
Standards the vicinity
I. OBJECTIVES
Explain market structures (perfect competition, monopoly, oligopoly, and
monopolistic competition) (ABM_AE12-Ie-h-7)
C.Learning
Competencies/ At the end of the lesson, the students will be able to:
Objectives K -Identify the meaning of a market and the different market structures;
S -Compare the different market structures using a graphic organizer;
A -Recognize the advantage and disadvantage of different market structure.
II. CONTENT (Subject APPLICATION OF SUPPLY AND DEMAND
Matter/Lesson) Market Structure
1. Teacher’s
Guide pages None
2. Learner’s
None
III. LEARNING RESOURCES
Materials
A. REFERENCES
pages
3. Textbook Applied Economics by Rosemary P. Dinio. PhD George A. Villasis
pages p. 33-37
4. Additional
Materials
from
Learning None
Resource
portal
B. Other Learning
Resources Laptop, LCD Projector, Mini Speaker, Internet, PowerPoint Presentation, Video Clip
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”
Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave.,
[email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
Picture Analysis: the teacher will present picture of a market settings.
A. Reviewing
previous lesson or
presenting the new
lesson
https://www.alamy.com/stock-photo-philippine-market-30627304.html
Guided questions:
1. what have you observed in the picture?
Introduce the lesson by asking the students; what is do you think is the role of
B. Establishing a market in our daily lives.
purpose for the
lesson Connect their answers to the objective of the lesson. Present the objective of the
IV. PROCEDURES
lesson for the day.
Group activity: the students will be grouped into four (4).
The teacher will present a meta-cards posted on the board (showing the different
market structures). Let the student identify the different market structures through a
graphic organizer presented on the board.
Meta-cards: PERFECT COMPETITION, MONOPOLY, OLIGOPOLY, & MONOPOLISTIC
COMPETITION
Graphic organizer:
C.Presenting
examples/instance
s of the new _______
lesson
_____
market ______
structures
_______
_
Guided Questions:
1. what is a market structure?
2. what are the different market structures? Enumerate.
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”
Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave.,
[email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
The teacher will discuss the following through a power point presentation.
D.Discussing new
Meaning of:
concepts and
practicing new MARKET, MARKET STRUCTURE, COMPETITION, PERFECT COMPETITION, IMPERFECT
skills #1 COMPETITION, MONOPOLY, OLIGOPOLY, & MONOPOLISTIC COMPETITION
Group activity: from the previous groupings.
Word hunt: (using paper strips)
The teacher will present word/group of words using a paper strips with the
characteristics of the four market structures. Let the students discuss and collaborate
with each group member give them an ample time there after they are going to
present their work in the class.
many buyers, many sellers, homogenous product is sold by sellers, perfect mobility of
resources, market price and output are determined by forces of demand and supply,
single seller, ownership and copyright is invested, grant of a government franchise to
a single firm, a blend of competition and monopoly, firms sell differentiated products,
many sellers are heterogeneous, there is free entry and exit in the market, action of
each firm affects other firms, interdependence among firms
perfect monopolistic
E. Discussing new monopoly oligopoly
concepts and competition competition
practicing skills #2
_____ _____ _____ _____
_____ _____ _____ ______
CATEGORY 1 2 3 4 5
Content Shows a full Shows a good Shows a good Does not Does not
understand- understanding understandin seem to understand
ing of the of the topic. g of parts of understand or address
topic. the topic the topic any topic.
very well.
Presentation The type of The type of The type of The type of No
presentation presentation presentation presentation presentation
is very is appropriate is partially is not at all.
appropriate for the topic. appropriate appropriate
for the topic for the topic. for the
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”
Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave.,
[email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
topic.
Organization Information Information is Information is Information Student did
is presented in partially is not not present
completely logical presented in presented in any
presented in manner logical logical information.
logical manner. manner.
manner.
Assessment Rubric for Class Presentation.
Guided questions:
1. what are the different characteristics of the four (4) market structures: Perfect
Competition; Monopoly; oligopoly; and monopolistic competition?
Identify existing market in the locality:
Monopoly-------------- (CANORECO, Prime Water..)
Perfect Competition------- (fish vendors, vegetable vendors, fruit vendors)
Oligopoly--------- (gasoline stations: petron, shell, Caltex)
Monopolistic Competition----------- (Globe/TM;Smart/TnT/Sun;Chef Mama, fryers,
caramel)
F. Developing Ask the students:
mastery After identifying them, what have you realized? What are the advantages and
disadvantages of the following:
MARKET STRUCTURE ADVANTAGES DISADVANTAGES
Monopoly
Perfect Competition
Oligopoly
Monopolistic Competition
G.Making
generalizations
and abstractions What do you think is the most ideal type of market? Why?
about the lesson
H.Finding practical The teacher will ask:
applications of
concepts and skills As a student, what is the significance of knowing/identifying the market structures
in daily living and it’s different characteristics in your daily lives?
PENCIL AND PAPER TEST: 10 items Quiz
1. A situation of diffused, impersonal competition among sellers who compete to sell
I. Evaluating their goods and among buyers who use their purchasing power to acquire the
learning
available goods in the market. (MARKET)
2. A rivalry among various sellers in the market. (COMPETITION)
3. implies an ideal situation for the buyers and sellers. (PERFECT COMPETITION)
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”
Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave.,
[email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
4. exists when a single firm that sells in that market has no close substitutes
(MONOPOLY)
5.wherein products are differentiated and entry and exit are easy (MONOPOLISTIC
COMPETITION)
6. is a market dominated by a small number of strategically interacting firms.
(OLIGOPOLY)
7-10 ENUMERATE THE FOUR (4) TYPES OF MARKET STRUCTURES.
J. Additional
activities for
application or Research on the Rent and Price structure.
remediation
V. REMARKS
A. No. of learners who
earned 80% in the
evaluation
B. No. of learners who
require additional
activities for
remediation
C.Did the lesson
work? No. of
learners who have
caught up w/ the
lesson
VI. REFLECTION
D.No. of learners who
continue to require
remediation
E. Which of my
teaching strategies
worked well? Why
did these 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?
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”
Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave.,
[email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
PROCEDURES NOTES / SUGGESTIONS / RECOMMENDATIONS
A. Reviewing previous lesson
or presenting the new
lesson
B. Establishing a purpose for
the lesson
C. Presenting
examples/instances of the
new lesson
D. Discussing new concepts
and practicing new skills #1
E. Discussing new concepts
and practicing skills #2
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”
Republic of the Philippines
Department of Education
Region V – Bicol
Schools Division Office
Camarines Norte
Eco Athletic Field, F. Pimentel Ave.,
[email protected] (054) 440-1772/(054) 440-4464
Daet, Camarines Norte DepEd Camarines
Norte
F. Developing mastery
G. Making generalizations and
abstractions about the
lesson
H. Finding practical
applications of concepts
and skills in daily living
I. Evaluating learning
J. Additional activities for
application or remediation
“SDO Camarines Norte: Facilitating
Dreams…, Valuing Aspirations…”