Detailed Lesson Plan (DLP) Format

DLP No.: Learning Area: APPLIED Grade Level: 12 Quarter: 3 Duration: 1 HR.
ECONOMICS
Learning Competency/ies: The learners shall be able to Code:
(Taken from the Curriculum  explain market structures (perfect competition, monopoly,
Guide) oligopoly, and monopolistic competition) ABM_AE12-Ie-h-7
Key Concepts / Understandings to Market structure is a classification system for the key traits of a market, including the number of firms,
be Developed the similarity of the products they sell, and the ease of entry into and exit from the market structure.
Domain Adapted Cognitive Process Dimensions (D.O. No. 8, s. 2015) 1. Objectives
Knowledge Identify the different market structures;
Skills Differentiate the four major types of market structure(perfect competition, monopoly, oligopoly, and
monopolistic competition);
Attitude Demonstrate self-confidence in explaining the four major types of market structure; and
Values Display civic consciousness by understanding why monopoly is a “price maker”.
2. Content Market Structures

3. Learning Resources Materials

 activity sheets, slide deck, pictures
 Applied Economics by Edilberto B. Viray Jr. & Jesusa Avila-Bato
 Applied Economics Teaching Guide by DepEd and CHED
4. Procedures
4.1 Introductory Activity ( 2 minutes).  The teacher will start the session with the following:
 Opening Prayer
 Attendance check
 Making sure learners are seated properly and classroom is clean.

LOGO QUIZ
 The teacher will show pictures of different products, brand names or logo on
the television screen and will let learners identify each products.
 The teacher will ask the learners with the following question after:
 How did you identify the products?
 Why are you familiar with the products?
 How often do you use or purchase these products?
 What made you purchase these products?
4.2 Activity/Strategy ( 7 minutes). TRIP TO JERUSALEM W/ A TWIST…
 The teacher will divide the class into 5 groups. One representative from each
group is needed to play the game “ Trip to Jerusalem w/ a Twist.
Mechanics: Each player will have 20php. The player who cannot sit on the
chair on every round will give his money to the one who tried to steal his/her
chair. Whoever will be left in the game will be announced as the winner and
will take all the money. Making the learner count all the bills he/she got from
the game. (Integration of Numeracy)
4.3 Analysis (_ 13_ minutes).  The teacher will ask the following question after the activity:
 How did you find the activity?
 Is it easy to win the activity?
 What helped you win the game?
 Can we also use that strategy in business? How?
4.4 Abstraction ( 10 minutes).  The teacher will conduct a brief discussion about the four major types of
market structure.
 The teacher will initiate the discussion by informing the learners that the
market structure already existed during the time when the Philippines was
colonized by the Spaniards and as well as during the trading of goods by our
neighboring country, China. (Integration of Araling Panlipunan/History)
TYPES OF MARKET STRUCTURE
There are four major types of market structure, namely:
1. Perfect competition
2. Monopoly
3. Monopolistic competition
4. Oligopoly
Perfect Competition/Pure Competition
 a market structure characterized by a large number of small firms, having a
homogeneous product, a very easy entry or exit from the market.
Monopoly
 is the extreme opposite of perfect competition. Under a monopoly, the
consumer has only two choices: either buy the monopolist’s product or none
at all.
 it is a market structure characterized by a single seller or producer, a unique
product and impossible entry into the market. Unlike perfect competition, there
are no close substitutes for monopolist’s product.
 Monopolistic Competition
 is a type of market structure characterized by many small firms, differentiated
products and easy market entry and exit.
Oligopoly
 is a market structure characterized by a few sellers, either a homogeneous or
a differentiated product and a difficult market entry. Oligopoly, just like
monopolistic competition, is found in real-world industries.
4.5 Application ( 20 minutes). LET’S VOLT IN!
 In this activity, the teacher will perform an activity by group. Each group will be
provided with bond papers containing the activity sheet. As soon as the
learners in each group are done brain storming, a representative will present
their work in front. (Integration of Literacy)
Market Number of Product In and Out Imposition Example
Structures Sellers Differences in the of Prices
Industry
Pure
Competition
Monopolistic
Competition
Monopoly
Oligopoly
4.6 Assessment ( 8 minutes).  The teacher will let the learners answer a Multiple Choice type test.
4.7 Assignment ( 2 minutes). Fill-in below any of  The teacher will give an activity sheet as their assignment.
the four purposes:
4.8 Concluding Activity ( minutes). "Surplus wealth is a sacred trust which its possessor is bound to administer in his
lifetime for the good of the community."
- Andrew Carnegie
 Remarks Indicate below special cases including but not limited to continuation of lesson plan to the following day in case of re-teaching or lack of time,
transfer of lesson to the following day, in cases of class suspension, etc.

 Enriching / inspiring the day’s lesson

 Reflections Reflect on your teaching and assess yourself as a teacher. Think about your student’s progress this week. What works? What else needs to be
done to help the students learn? Identify what help your instructional supervisors can provide for you so when you meet them, you can ask them
relevant questions. Indicate below whichever is/are appropriate.
A. No. of learners who earned 80% in the evaluation.

B. No. of learners who require additional activities for remediation.

C. Did the remedial lessons work? No. of learners who have caught up with the
lesson.
D. No. of learners who continue to require remediation.

E. Which of my learning strategies worked well? Why did these work?

F. What difficulties did I encounter which my principal or supervisor can help me

solve?
G. What innovation or localized materials did I use/discover which I wish to share
with other teachers?

Prepared by:
Name: CHERRY ANN P. HANNISCH School: SANTA FILOMENA NATIONAL HIGH SCHOOL
Position/Designation: TEACHER II Division: CEBU PROVINCE
Contact Number: Email address: [email protected]

SANTA FILOMENA NATIONAL HIGH SCHOOL

 Sta. Filomena, Alegria, Cebu

ACTIVITY IN APPLIED ECONOMICS

(Market Structure)

Name: Year & Section: Date: Score:

Characteristics of Different Market Structures

DIRECTIONS: Complete the table below and briefly discuss your answers.

Market Number of Product In and Out in Imposition of Example

Structures Sellers Differences the Industry Prices

Pure
Competition

Monopolistic
Competition

Monopoly

Oligopoly

Discusion:

_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
______________________________________________________________________________________________________

SANTA FILOMENA NATIONAL HIGH SCHOOL

 Sta. Filomena, Alegria, Cebu

QUIZ IN APPLIED ECONOMICS

(Market Structure)

Name: Year & Section: Date: Score:

Directions: Choose the letter that corresponds to the correct answer. Write your answer on the space provided.
_____ 1. Below are the major types of market structure, except:
A. Perfect competition B. Monopolistic competition C. Oligopoly
D. Monopoly E. Profit
_____ 2. This market structure is characterized by a large number of small firms, a homogeneous product, and very easy entry
or exit from the market.
A. Monopolistic competition B. Oligopoly C. Monopoly
D. Perfect competition E. Duopoly
_____ 3. This is a type of market structure characterized by many small firms, differentiated products, and easy market entry
and exit.
A. Monopolistic competition B. Oligopoly C. Monopoly
D. Perfect competition E. Duopoly
_____ 4. It is a market structure characterized by a few sellers, either a homogeneous or a differentiated product, and difficult
market entry.
A. Profit B. Oligopoly C. Monopoly
D. Perfect competition E. Duopoly
_____ 5. is the extreme opposite of a perfect competition.
A. Perfect completion B. Monopoly C. Duopoly
D. Oligopoly E. Monopolistic competition
_____ 6. It is a market situation comprising of one seller and only one buyer.
A. Monopoly B. Duopoly C. Bilateral monopoly
D. Bilateral oligopoly E. Monopsony
_____ 7. It is a form of buyer concentration, that is, a market situation in which a single buyer confronts many small suppliers.
A. Bilateral monopoly B. Monopoly C. Duopoly
D. Monopsony E. Duopsony
_____ 8. A market situation in which there are only two buyers but many sellers is called .
A. Bilateral monopoly B. Monopoly C. Duopoly
D. Monopsony E. Duopsony
_____ 9. It is a subset of oligopoly describing a market situation in which there are only two suppliers.
A. Monopoly B. Duopsony C. Bilateral monopoly
D. Duopoly E. Monopsony
_____ 10. It is a market condition with a significant degree of seller concentration and a significant degree of buyer
concentration.
A. Market B. Duopsony C. Monopoly
D. Bilateral oligopoly E. Monopsony
_____ 11. It is comprised of a large number of independently acting firms and buyers.
A. Many small sellers B. Differentiated product C. Easy entry and exit
D. Few sellers E. Difficult entry
_____ 12. The bulk market supply is in the hands of a relatively few large firms who sell to many small buyers. It is know as
.
A. Homogeneous B. Differentiated product C. Few sellers
D. Difficult entry E. Impossible entry
_____ 13. A means that there are no close substitutes for the monopolist’s product.
A. Difficult entry B. Single seller C. Homogeneous product
D. Unique product E. Few sellers
_____ 14. This means that there are no barriers to entry or impediments to the exit of existing sellers.
A. Single seller or producer B. Many small sellers C. Unique product
D. Difficult entry E. Very easy entry and exit
_____ 15. It is comprised of a single supplier selling to a multitude of small, independently acting buyers.
A. Difficult entry B. Single seller or producer C. Homogeneous product
D. Many small sellers E. Difficult entry
 SANTA FILOMENA NATIONAL HIGH SCHOOL
Sta. Filomena, Alegria, Cebu

ACTIVITY IN APPLIED ECONOMICS

(Market Structure)

Name: Year & Section: Date: Score:

Library Work and Research

Directions: Briefly discuss the background, current owner/s, existing competition, and market and economic status of the
following companies:

Monopoly: Meralco
Discussion:
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________

Oligopoly: ABS-CBN versus GMA

Discussion:
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________

Monopolistic Competition: Jollibee versus McDonald’s versus Pizza Hut versus Shakey’s
Discussion:
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________

Perfect Competition: Vendors in the market (chicken, fish, etc.)

Discussion:
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________
__________________________________________________________________________________________________