Curated and Reviewed by
Lesson Planet
Delve into the world of economic theory with the Laffer curve and introduce your young economists to the relationship between tax revenue and tax rates.
7 Views
3 Downloads
CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Provide this video on a class website as a flipped classroom resource or study aid for students
- Ask pupils to provide similar metaphors that also illustrate the concept of the Laffer curve; you can use them for discussion or as an assessment
Classroom Considerations
- This video is hosted on YouTube
Pros
- Instructor uses simple metaphors to help explain concept
- Curve is illustrated on a whiteboard and referenced to support instruction
Cons
- None