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Grade 9-12, Higher Education
,
On-Demand Webinar
Ethics, Economics, and Social Issues: Is Efficiency Ethical?
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This video is available to view for EconEdLink members only.
Description
First, teachers play the role of a doctor who is trying to choose who gets scarce medicine and having to make decisions about efficiency. Teachers will learn how both positive and normative statements can be used to make decisions. Next, they analyze the effects a casino could have on jobs and other outcomes for a city. Lastly, they analyze the effects of ethical considerations on their own purchasing decisions. The lesson helps students understand both the power and the limits of economic analysis.
Resources
Subjects:
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