Sunday, December 6, 2009

How to Graph the Lorenz Curve in AP Microeconomics

Summary:



Graphing the Lorenz Curve. Calculating the Gini Coefficient.



The College Board lists that the Lorenz Curve should be taught in AP Microeconomics. This PowerPoint video uses simple data to show how to plot the Lorenz Curve and estimate the Gini Coefficient.

About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an EconEdLink.org author, and also publishes the Mikeroeconomics and iMacroeconomics VB blogs.

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