Semi Detailed Lesson Plan

In
Applied Economics
Grade 11 Archimedes
I. Objectives:
At the end of the lesson student will be able to:
Explain the contemporary issues affecting the Filipino entrepreneurs.
Demonstrate effective communication skills to articulate the impact of economic issues on entrepreneurial decision-making.
Show solutions to mitigate the negative effects of economic issues on Filipino Entreprenuer.
II. Subject Matter
Topic: Analyze the Effects of Contemporary Economic Issues Affecting the Filipino Entrepreneur
Materials:
Whiteboard and markers
Index card
Computer and projector for presentations
III. Procedure:
1. Prayer
2. Greetings
3. Checking of attendance
4. Checking of assignments
5. Review
Review the different market structure and its function.
5. Motivation
Picture Analysis.

Answer the following question.

1. What can you say about the picture?
2. Define each word from the above picture.
3. How can you relate the words to the picture?

Lesson Proper
Discuss contemporary issues affecting the Filipino entrepreneurs.

Identify the the contemporary issues affecting the Filipino entrepreneurs

a. Invesment and interest rate
 b. Rentals
c. Minimum wage
d. Taxes
Explain each effects of contemporary issues affecting the Filipino entrepreneurs
IV. Application
Read each statement very carefully. Write the word Thumbs Up if you agree with the statement, and Thumbs Down if you disagree
with the statement. Write your answer on the space provided before the number.
__________1. Low rental fees mean more businesses will be created.
__________2. High interest in external borrowings attracts potential investors.
__________3. Increase in minimum wage will increase the buying power of workers.
__________4. High tax rates mean less investors.
__________5. Entrepreneurs always consider the following when making business decisions; rental fees, tax rates, minimum wage
rate, amount of investment and the interest rate.
V. Conclusion
Ask students to reflect on what they have learned and how it might apply to real-life business decisions.
Write all your learnings about the lesson. (Minimum of 3 and maximum of 5 sentences)

VI. Assessment:
True or False. Write the word True
is the statement is correct and False
if the statement is incorrect. Write
you answer in the space provided before the number.
__________1.Low interest rates on borrowings tend to attract more investors.
__________2.It is advisable to rent a big space for a new business with limited capital.
__________3.Setting up minimum wage is solely regulated by the company/employer.
__________4. Good infrastructures attract investors.
__________5.Electricity facility is an example of investment.

VII. Assignment
Directions. Choose the letter of the best answer. Write your answer on a separate sheet of paper.

1. The process by which one or two or more persons engage in commercial activity for profit.
a. Business c. Trade
b. Commerce d. Partnership
2. Persons or company who supplies goods and services.
a. Consumer c. Government
b. Creditors d. Suppliers
3. The capability of a system to expand its total output under an increased volume of work when resources
are added.
a. Autonomy c. Profitability
b. Big Ideaa d. Scalability
4. A business, which has its own identity and is distinct from the owners, is called ____.
a. Autonomy c. Profitability
 b. Big Ideaa d. Scalability
5. A business with the main purpose of gaining profit is called ___________.
a. Autonomy c. Profitability
b. Big Ideaa d. Scalability
6. A businessthat creates its own plan to expand its economic growth.
a. Autonomy c. Profitability
b. Big Ideaa d. Scalability
7. Which brand of drinks may be a very good substitute for Coca-Cola?
a. Mirinda c. Sarsi
b. Pepsi d. Seven-Up
8. Industry rivalry among companies of the same or related industry is called_______.
a. Competition c. Alliance
b. Distribution d. Threats
9. Competitive advantages that can also be gained by business that seek cooperation within or related industries is
termed as____.
a. Alliance c. Defensive strategy
b. Cost leadership d. Differentiation
10. Individuals who will buy the products and services in the market.
a. consumers c. government
b. creditors d. supplier
11. Margarine is a good substitute for ____________________.
a. butter c. cheddar
b. cream cheese d. Olive oil
12. A strategy that businesses often use marketing and some ads are against the competitors.
a. Advertising c. Alliance
b. Cost Leadership d. Defensive Strategy
13. An advantage that occurs when a business is able to offer the same quality product as its competitors, but at a
lower price.
a. Differentiation c. Defensive Strategy
b. Alliance d. Cost Leadership
14. Gained by using defensive strategy the business to set them apart itself from its competitors.
a. Defensive Strategy c. Differentiation
b. Alliance d. Cost Leadership
15. Products use as replacements to other products that gives the same purpose.
a. clone c. original
b. substitutes d. brand

Prepared by:
Jarren A. Policarpio
Teacher I

Checked and reviewed by

Marivel Garcia
Head Teacher III

Noted by
Javier G. Galang
Principal I