SEMI- DETAILED LESSON PLAN IN ECONOMICS

S.Y. 2017-2018

I. OBJECTIVES
At the end of the lesson, the students will be able to:

 differentiate wants from needs;

 explain Maslow’s Heirarchy of Needs and Aldefer’s ERG Theory; and
 give the value of prioritizing needs rather than wants

II. SUBJECT MATTER

A. Subject: Economics IV
B. Topic: Needs and Wants
C. Materials: Power Point Presentation, Visual Aids, Pictures
D. References: Moving Forward: Economics for High School Students
pp. 71-74

III. PROCEDURE
A. Preliminary Activities
1. Greetings
2. Prayer
3. Checking of Attendance
4. Review
 If you were to decide on the economic system that we are going
to apply in our country, which do you think is the best to alleviate
our present political and economic condition? Justify your answer.

B. Motivation (Collaborative Activity:)

 The teacher will group the students into three.
 After doing so, have each group to decide on their survival must-
haves by enumerating on the board the 5 things they can only
bring with them just in case they will be stucked in the island . Let
them explain why.

C. Lesson Proper
 The teacher will present different pictures of the common neccesities and
luxury items on the screen and let the students group them into two.

Guide Questions:
 What is your basis in grouping the things on the screen?
 Which of the following are your needs and which are your
wants?

 The teacher will present a comparison of wants and needs.

 Needs Wants

A requisite that must be met A desire for something that

for one's survival. one can live without.

Food expensive branded clothes

Shelter grand mansion
Clothing

 Maslow’s Hierarchy of Needs

Self- actualization Needs

 Proposed by Abraham Maslow
(self- realization)

 A theory that attempted to explain Esteem Needs

why people were driven by
particular needs at particular time
 A person will normally satisfy
Important needs first.
(self- esteem, recognition, status)
Love and Belonginess Needs
(family, friends)
Safety Needs
(security, protection)

Physiological Needs
(hunger, thirst)

 Alderfer’s ERG Theory

Relatedness
Needs

Existence Growth
Needs Needs

D. Generalization (Group Work)

 Divide the class into three groups.
 Provide each group cut outs of letters which they have to arrange to
formulate the words below.
 W A N T S and N E E D S
  M A S L O W ’S H I E R A R C H Y O F N E E D S
 A L D E R F E R ‘S E R G T H E O R Y

 Have the students explain each term they have formulated using their
own words.

E. Application (Pair Work: Crossword Puzzle)

 Provide each pair a piece of crossword puzzle.
 Let them fill in the space provided to identify the concept that is being
asked.
 Refer to page 75 of the book for the clues.

IV. EVALUATION
 Have the students sit properly and get one whole sheet of paper.
 According to Maslow’s theory, the higher levels of a person’s needs
cannot be satisfied unless the lower levels of needs are met. Fill in the
pyramid and cite a situation using the need.

Situation: ________

Situation: ________

Situation: ________

Situation: ________

Situation: ________

V. ASSIGNMENT (Reflection)
 On your notebook, read the following historical excerpt and answer the
following questions. (10 points)

In the 1988 election, the Hierarchy of Needs became an essential tool for the
camp of Joseph Estrada to win by a landslide the Philippine presidential
election.
Questions: In what way did the camp of Estrada use the Hierarchy of Needs?
Why is it an effective tool in politics?

Prepared by:

CONNIE R. SAN GABRIEL

Subject Teacher