Economics · Macroeconomics

Inequality and the Lorenz Curve, Junior

A 45-minute, three-round bilingual lab where students build a Lorenz curve from 10 households of a Colombian market town, compare Norway, Spain, US, Mexico, Colombia and South Africa side-by-side, then try one redistributive policy lever and watch the Gini move.

3 rounds Undergraduate English, Español

Preview

About this simulation

A 45-minute, three-round bilingual lab where students build a Lorenz curve from 10 households of a Colombian market town, compare Norway, Spain, US, Mexico, Colombia and South Africa side-by-side, then try one redistributive policy lever and watch the Gini move. Maps to IB Economics 2.10 (Inequality and poverty), IB BM 1.2 (Stakeholders) and AP Macro distribution unit.

Who it is for

An introductory simulation that assumes no prior knowledge of the subject, designed for undergraduate courses. It also works in vocational and high-school programmes and in onboarding sessions.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 3 rounds. In each one they submit their decisions and the simulation calculates the results. The first round opens with: Villa Real, 10 households.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Your gut estimate of Villa Real Gini (between 0 and 1)
  • Which country is Villa Real most similar to?
  • Which driver best explains the gap with Norway?
  • Pick a lever
  • Tax rate on the targeted households (%)

What participants track

What participants follow on screen as the rounds go by:

  • Lorenz curves
  • Gini coefficient comparison

Subjects covered

Designed for courses in Macroeconomics.

Ready to use Inequality and the Lorenz Curve, Junior with your students?

Contact us and we'll set you up with a free trial session.

Contact us