📚 WEEK 11 LESSON PLAN – Applied Economics (2.
5 Hours)
Grade Level: Grade 12 – ABM
Subject: Applied Economics
Week: 11
Topic: Economic Development and Planning
Time Allotment: 2.5 hours
Mode: Lecture-discussion, small group work, policy evaluation
🎯 Learning Objectives
By the end of the session, students should be able to:
1. Define economic development and explain how it differs from
economic growth.
2. Identify the goals and indicators of economic development.
3. Discuss the role of national economic planning in achieving
development.
4. Analyze a Philippine development program or plan and its
objectives.
🧠 Lesson Sequence
⏰ Part 1: Motivation (15 minutes)
Activity: “What Makes a Country Developed?”
Show brief images or video clips comparing different countries
(e.g., South Korea vs. a developing nation).
Ask:
o What differences do you notice?
o Is it just about buildings and money?
📌 Emphasize that development includes quality of life, not just
wealth.
⏰ Part 2: Lecture-Discussion (50 minutes)
🔹 A. Economic Growth vs. Economic Development
Concept Description
Economic Growth Increase in a country’s output (GDP)
Economic Improvement in living standards, access to
Development health, education, jobs
🔹 B. Indicators of Development
Gross Domestic Product (GDP)
Human Development Index (HDI)
Literacy rate
Life expectancy
Poverty incidence
Employment rate
🔹 C. Goals of Economic Development
Poverty reduction
Inclusive growth
Sustainable use of resources
Infrastructure development
Access to education and healthcare
🔹 D. Economic Planning in the Philippines
Purpose: Guide national resource allocation and policy
Key agencies: NEDA, DOF, DTI
Example: Philippine Development Plan (PDP) 2023–2028
📌 Present highlights from the PDP: digitalization, green economy,
MSME support, food security, etc.
⏰ Part 3: Group Activity – “Plan for Progress” (35 minutes)
Instructions:
1. Assign each group a sector (e.g., education, agriculture,
health, infrastructure).
2. Students must:
o Identify challenges in their sector
o Propose realistic programs or policies
o Align their plan with development goals (e.g., reduce
poverty, boost employment)
📝 Each group presents a 1-minute development pitch.
⏰ Part 4: Synthesis and Integration (15 minutes)
Class discussion:
Why is planning essential for a country's development?
Should development focus on GDP only?
What can we do as youth to contribute?
📌 Reinforce the idea that economic planning must be inclusive,
sustainable, and goal-oriented.
⏰ Part 5: Short Quiz / Evaluation (15 minutes)
Sample Questions:
1. What is the difference between economic growth and
development?
2. Name one indicator of economic development.
3. What is the main purpose of national economic planning?
4. Give one goal of the Philippine Development Plan.
5. In your opinion, which sector should be prioritized for
development and why?
📘 Materials Needed
Chart paper or slides on PDP 2023–2028 highlights
Group worksheets for planning activity
Quiz forms
Whiteboard or projector
