How can performing cannonballs into a swimming pool help us to understand the concept of marginal analysis and efficiency? Check out this video, using clips from the movie Anchorman and informative instruction, to learn more about marginal cost and benefit, socially optimal demand, free markets and market failure, and dead weight loss.

Concepts

opportunity cost, the free market

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Additional Tags

opportunity cost, free market, social studies

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Classroom Considerations

• This video is hosted on YouTube

Pros

• Very entertaining and informative overview of marginal analysis and social benefits/costs
• Scenes are appropriate for classroom use with more mature learners

Cons

• None

Common Core

RH.11-12.2 RH.11-12.7