Curated and Reviewed by
Lesson Planet
This Excise Tax Practice instructional video also includes:
How do consumers and producers both pay part of an excise tax, and how does the tax shift prices and quantity? This economics teacher demonstrates how to use a graph in order to answer these questions, as well as how to calculate tax per unit, total tax revenue, spending by consumers, and net revenue.
3 Views
1 Download
CCSS:
Adaptable
Additional Tags
Classroom Considerations
- Instructor moves quickly through material, so pause during whole-class instruction or assign as a flipped classroom resource so learners can move through video at their own pace
- Queue up the video prior to class to skip third-party advertisements
- This video is hosted on YouTube
Pros
- Also incorporates review of the concept of dead weight loss
Cons
- None