Dead Weight Loss - Key Graphs of Microeconomics

This Dead Weight Loss - Key Graphs of Microeconomics video also includes:

What is dead weight loss in microeconomics, and how does it relate to efficiency in a monopoly and society as a whole? An economics instructor explains these concepts in detail in a brief five-minute video.

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CCSS: Adaptable
Concepts

Instructional Ideas

  • Post video on a class website for students to review after an in-class lesson
  • Use as a model for your own instruction
Pros

  • Key points are displayed as text throughout video at bottom of screen
  • Explains concepts through illustrations on a whiteboard
  • Also discusses efficiency of producer and consumer surplus, as well as the effect of excise taxes and price ceilings
Cons

  • None
Common Core