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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 Lessons:

• Recession Hits the Poorest of the Poor 06/01/09
• Focus on Economic Education: The Unemployment Rate - December, 2007
• The American Standard of Living - For Better or For Worse

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