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Grade 9-12
,
Lesson

Graphing a Lorenz Curve and Calculating the Gini Coefficient

Time: 60 mins,
Updated: December 24 2020,
Author: Martha Rush, Mike Fladlien
Teacher Version
Objective Standards Summary
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Objective

Students will be able to:

  • Create and interpret a Lorenz Curve illustrating distribution of income.
  • Calculate and interpret a Gini coefficient representing distribution of income.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Income, Income Distribution
Subjects:
Economics

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