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Grade 9-12
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On-Demand Webinar

Microeconomics 202: Government Intervention- Quantity Controls, Tariffs, Excise Taxes, Subsidies

Time: 60 mins,
Presenter: Theresa Fischer
Teacher Version
Objective Standards Summary Description Resources
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Objective

Teachers will be able to:

  • Understand the effect of taxes on revenue.
  • Calculate government revenue, elastic and efficiency.

Standards

State Standards

Concepts

Balance of Trade, Government Revenues, Taxes

This video is available to view for EconEdLink members only.

In this personal finance and economics webinar, teachers will understand taxes and see their effects on prices and output.

Description

Let’s take a look at the impact of taxes, prices and output on the bigger economy. Students can see the links between consumption, production and surplus, and learn how to calculate metrics like DWL and revenue.  

Resources

Subjects:

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