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Graphing a Lorenz Curve and Calculating the Gini Coefficient
Source: Council for Economic Education (EconEdLink) | Type: Lesson

In this lesson, students receive raw data to construct a Lorenz Curve and calculate the Gini Coefficient. This lesson prepares AP Microeconomics students for the Advanced Placement exam. The teacher will briefly interpret the Gini Coefficient.

Grades:

• 9-12

Concepts:

• Distribution of Income
• Economic Equity

Standards:

• Economics 13: Role of Resources in Determining Income
• Economics 18: Macroeconomy-Income/Employment, Prices

Related Resources:

• Principles of Economics
• Making Sen$e with Paul Solman: Many Americans Feel 'Stuck in a Rut' as Economy Improves, But Inequality Grows
• Making Sen$e with Paul Solman: Exploring the Psychology of Wealth, 'Pernicious' Effects of Economic Inequality

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