Title: Teaching inequality to ECON 101 students
Authors: Junaid B. Jahangir
Addresses: MacEwan University, 7-368, 10700104 Ave., Edmonton AB T5J 4S2, Canada
Abstract: The objective of this paper is to offer an approach for teaching inequality to ECON 101 students. A principal argument made is that it is necessary to teach inequality to ECON 101 students and that any discussion of inequality is incomplete without addressing taxation. Multiple ways of broaching inequality are shown by a review of salient points from various textbooks and think tank analyses. The renewed approach is developed by motivating students through popular memes, data analysis, a comparative outlook of salient ideas, and a simple simulation exercise to study the impact of an increase in the top tax rate on tax revenues.
Keywords: inequality; ECON 101; top 1%; corporate taxes; wealth tax; top tax rates; teaching economics.
DOI: 10.1504/IJPEE.2022.127215
International Journal of Pluralism and Economics Education, 2022 Vol.13 No.2, pp.138 - 157
Received: 19 Jul 2021
Accepted: 02 Jan 2022
Published online: 29 Nov 2022 *