DETAILED LESSON PLAN IN ECONOMICS 11

(ECONOMICS SYSTEM)

I. OBJECTIVES: At the end of the discussion, the students will be able to;
A. define economics system;
B. differentiate the different types of economic system;
C. give strength and weaknesses of major economics system;
D. give example situation happens in the economy and give what is their
advantages and disadvantages.
II. SUBJECT MATTER
Topic: ECONOMIC SYSTEM
Reference: Basic Economics and Agrarian Reforms by Romeo C. Clemente
Pg. 38-45
Materials: Ppt presentation
III. PROCEDURE
A. Motivation
-The students will give their own opinion to the questions being presented
in the powerpoint presentation.
B. Presentation
-The teacher will let the students give their own perspective about
Economic System
- Point out the different types of Economic System (Capitalism,
Communism, and Socialism)
C. Discussion
- Focus the discussion in the different types of Economic System and their
advantages and disadvantages.

D. Generalization

E. Application
 - The students will cite some example situation regarding the types of
Economic System and determine the strength and weaknesses.
IV. EVALUATION
- The teacher will post some situation with picture and the students will identify
whether what kind of Economic System is involved.
V. ASSIGNMENT
- Follow-up: example situation on how the system used as mechanism to solve
the problems of the economy