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Engaging Gen Z Students with Economic Lessons Featuring MrBeast
Educators must evolve from a mindset of teaching millennials about economics (Carrasco-Gallego, 2017) to focusing on the next generation of students: Generation Z, those born between 1997 and 2012.
We summarize the application of economic concepts in viral YouTube videos created by Jimmy Donaldson, known more popularly online as MrBeast. His viral videos are known for expensive challenges and are incredibly popular among Gen Z students. We present three lesson plans based on three different MrBeast videos that include episode summaries, key economic concepts, and multiple assessment questions. The lesson plans focus on core economic concepts and include opportunities to teach concepts such as scarcity, opportunity cost, marginal analysis, business costs, and production. With more than 170 million subscribers as of this writing and over 29 billion views, MrBeast’s viral videos offer a unique opportunity for creatively teaching economics to a new generation of students.
Read the Full Paper
This paper was originally published by the Journal of Economics Teaching
Economic Dynamism
The Causal Effect of News on Inflation Expectations
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
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The Revenge of the Supply-Siders
Trump would do well to heed his supply-side advisers again and avoid the populist Keynesian shortcuts of stimulus checks or easy money.
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