AP Economics – 10/04/19
I. Bellwork
II. Objective:
- Construct economic models and calculate the change in consumer surplus and producer surplus resulting from excise taxes
- Construct economic model and calculate the deadweight loss and revenue from taxes resulting from an excise tax
III. Discussion/Notes
Taxes on Producers- Microeconomics 2.11 ACDC Econ
Deadweight Loss, Consumer & Producer Surplus- Microeconomics 2.7 (Holiday Edition)
Taxation and dead weight loss | Microeconomics | Khan Academy
IV. Classwork
- Worksheet 2.7 on iLearn
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