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Marginal Revolution University
Grades 9-12
Valentine's Day Demand Interactive
Key Concepts: Demand, Quantity Demanded
Objective
In this webinar teachers will be able to
- Identify key examples of supply and demand within this fiasco to relate to students through a current event.
- Identify ways to assess student understanding of government policies and related economic events.
Standards
Concepts
Description
Participants will be able to interpret and analyze key economic concepts associated with the Taylor Swift 2022 Ticket Fiasco. Teachers will learn about the concept of “Swiftonomics”, which includes skyrocketing demand, limited supply, price gouging, monopolies and elasticity. Teachers will be given ideas of how to present and discuss these in class with their students, as well as assess them.
Resources
Related Resources
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