Excellent Achievers Global Integrated School, Inc.

#36 Quirino St., Zone 6, South Signal, Taguig City

Tel. no. 838-6643/5539316

Grade: 12 2nd Semester

Subject Title: Applied Economics No. of Hours/ Semester: 80 hours/ semester
Prerequisite:

Subject Description: This course deals with the basic principles of applied economics, and its application to contemporary economic issues 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.

CONTENT PERFORMANCE LEARNING COMPETENCIES

CONTENT CODE
STANDARDS STANDARDS
Quarter I. The learner The learners shall be able
Chapter 1 demonstrates an to…
Introduction to Applied The learners…
understanding of… ABM_AE12-Ia-d-1
Economics 1. define basic terms in applied economics

1.1 Revisiting Economics as a economics as an analyze and propose

social science applied science and solution/s to the economic
1.2 Economics as an applied its utility in problems using the
2. identify the basic economic problems of the
science addressing the principles of applied ABM_AE12-Ia-d-2
country
1.3 Basic economic problems economic problems economics
and the Philippine of the country
socioeconomic development
in the 21st century
3. explain how applied economics can be used
ABM_AE12-Ia-d-3
to solve economic problems

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 Excellent Achievers Global Integrated School, Inc.
#36 Quirino St., Zone 6, South Signal, Taguig City
Tel. no. 838-6643/5539316

CONTENT PERFORMANCE LEARNING COMPETENCIES

CONTENT CODE
STANDARDS STANDARDS
Chapter 2 the law of supply conduct a survey of current 1. explain the law of supply and demand, and
Applied Economics: and demand, and economic situations within how equilibrium price and quantity are ABM_AE12-Ie-h-4
factors affecting the the vicinity determined
2.1 Application of Supply and economic situation
Demand
a. Prices of basic
2. discuss and explain factors affecting
commodities ABM_AE12-Ie-h-5
demand and supply
b. Labor supply,
population growth, and
wages
c. Labor migration and
the Overseas Filipino 3. compare the prices of commodities and
ABM_AE12-Ie-h-6
Worker (OFW) analyze the impact on consumers
phenomenon
d. The Philippine peso and
foreign currencies
4. explain market structures (perfect
e. The Philippine housing competition, monopoly, oligopoly, and ABM_AE12-Ie-h-7
shortage and the real monopolistic competition)
estate boom:

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 Excellent Achievers Global Integrated School, Inc.
#36 Quirino St., Zone 6, South Signal, Taguig City
Tel. no. 838-6643/5539316

5. analyze the effects of contemporary issues

Rent and Price structure such as migration, fluctuations in the
exchange rate, oil price increases,
unemployment, peace and order, etc. on
2.2 Contemporary Economic the purchasing power of the people
Issues Facing the Filipino ABM_AE12-Ie-h-8
Entrepreneur
a. Investment and interest
rate
b. Rentals
c. Minimum wage
d. Taxes

CONTENT PERFORMANCE LEARNING COMPETENCIES

CONTENT CODE
STANDARDS STANDARDS
QUARTER II industry analysis, its apply tools and techniques
Chapter 3. principles, tools, and for business opportunities
Industry and Environmental techniques leading like the SWOT/TOWS
Analysis: to the identification analysis
Business Opportunities of business
Identification opportunities conduct a survey of macro 1. identify and explain different principles, ABM_AE12-IIa-d-
and micro environments tools, and techniques in creating a 9
3.1 Principles, Tools, and affecting business in a business
Techniques locality
a. competition
b. customers
c. suppliers

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 Excellent Achievers Global Integrated School, Inc.
#36 Quirino St., Zone 6, South Signal, Taguig City
Tel. no. 838-6643/5539316

d. competitors
e. substitutes

3.2 Types of Industries

ABM_AE12II-a-
a. agribusiness 2. distinguish the different services/products
d10
b. manufacturing of business and
c. retail and services industry in the locality
d. international trade (exports
and imports)

3.3 identification of Business

Opportunities

CONTENT PERFORMANCE LEARNING COMPETENCIES

CONTENT CODE
STANDARDS STANDARDS
Chapter 4. various conduct a socioeconomic
1. Identify and explain the various
Socioeconomic Impact Study socioeconomic impact study on consumers
socioeconomic factors affecting business
a. consumer (new impacts of business (new product and
and industry ABM_AE12II-e-g11
products and services) on the following services);
b. suppliers sectors: consumer, suppliers; investors
(capital, income)

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 Excellent Achievers Global Integrated School, Inc.
#36 Quirino St., Zone 6, South Signal, Taguig City
Tel. no. 838-6643/5539316

investors(capital, supplier and government (tax revenues,

income) investors, poverty alleviation, basic
c. government(tax government, services); households 2. analyze and evaluate the viability of a
ABM_AE12II-e-g12
revenues, poverty households, and (standard of living, business and its impact on the community
alleviation , basic services) international trade employment) and
d. households (standard of international trade
living, employment) (exports and imports of
e. international trade goods and services)
leading to options
(exports and imports of 3. formulate recommendations and strategies
in venturing into a business
goods and services) on how to minimize and maximize a
ABM_AE12II-e-g13
business’s negative impact
and positive impact, respectively

Code Book Legend

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 Excellent Achievers Global Integrated School, Inc.
#36 Quirino St., Zone 6, South Signal, Taguig City
Tel. no. 838-6643/5539316

Sample: ABM_AE12-Ia-d-1

LEGEND SAMPLE

Learning Area and Strand/ Subject or

Accountancy, Business and Management
Specialization
First Entry
ABM_AE12
Grade Level Grade 12

Domain/Content/
Uppercase Letter/s Applied Economics
Component/ Topic

Roman Numeral
Quarter First Quarter I
*Zero if no specific quarter

Lowercase Letter/s
*Put a hyphen (-) in between letters to Week Weeks one to four a-d
indicate more than a specific week
-

Arabic Number Competency define basic terms in applied economics 1

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 Excellent Achievers Global Integrated School, Inc.
#36 Quirino St., Zone 6, South Signal, Taguig City
Tel. no. 838-6643/5539316

References:

Bautista, Germelino. Economics and Society. (Quezon City: Ateneo de Manila University Press, 2013).

Introduction to Entrepreneurship by the Small Enterprises Research and Development Foundation (SERDEF) in Cooperation with UP Institute for Small-Scale
Industries. 2007. http://www.serdef.org/

Morato, Eduardo A., Jr. PhD. Preparing for Entrepreneurship. (Legaspi Village, Makati: ACE Cetner for Entrepreneurship and Management Education, 2008).

Morato, Eduardo A., Jr. PhD. A Trilogy on Entrepreneurship: Text and Workbook . (Legaspi Village, Makati: ACE Center for Entrepreneurship and Management Education,
2015).

Villegas, Bernardo M., PhD. Guide to Economics for Filipinos. 7th ed. (San Antonio Village, Makati: Sinagtala Publishers, 2010).

Windows to Entrepreneurship: A Teaching Guide by the Small Enterprises Research and Development Foundation (SERDEF), Philippine Coyright .
http://www.serdef.org/2013.

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