Page 480 - Most-Essential-Learning-Competencies-Matrix-LATEST-EDITION-FROM-BCD

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Grade Level: Grade 12
Subject: Applied Economics

Quarter Content Standards Performance Standards Most Essential Learning Competencies Duration

st
1 The learner The learners shall be able to …
Quarter demonstrates an
understanding of… *Differentiate economics as social science and applied science in terms Week 1
analyze and propose solution/s to of nature and scope
economics as an the economic problems using the
applied science and principles of applied economics
its utility in *Examine the utility and application of applied economics to solve Week 2
addressing the economic issues and problems
economic problems
of the country

the law of supply and conduct a survey of current *Analyze market demand, market suppy and market equilibrium
demand, and factors economic situations within the Week 3
affecting the vicinity *Determine the impications of market pricing on economic decision-
economic situation making
Week 4

*Differentiate various market structures in terms of: Week 5
a. number of sellers
b. types of products
c. entry/exit to market