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South Western Learning: Econ News: Externalities, Market Failure, Public Choice
This study guide distinguishes between positive and negative externalities and how to correct negative externalities. Some learning exercises and an online quiz are also provided.
Wessels Living History Farm
Living History Farm: Bank Failures
The bank runs and bank failures of the 1930s are described here, as well as personal interviews with people who experienced the Great Depression.
![University of Illinois: Early American Trade With China: Fortune and Failures in Fur [Pdf] Activity](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "University of Illinois: Early American Trade With China: Fortune and Failures in Fur [Pdf] Activity")
University of Illinois
University of Illinois: Early American Trade With China: Fortune and Failures in Fur [Pdf]
One of the things economists do is to study the relationship between the supply of products being sold on the market, the demand for products by consumers, and the price of products. They look at how price is determined by the...
Miami University
The u.s. Banking Debacle of the 1980's
A scholarly paper on the U.S. banking debacle of the 1980s and the lesson it holds on government mismanagement. Provides background on the history of savings and loans and draws the conclusion that the banking debacle was primarily an...
Khan Academy
Khan Academy: What Are Public Goods?
This resource explains what public goods are. This video lesson from Khan Academy is intended for students who are taking a microeconomics course.
Khan Academy
Khan Academy: The Economics of Pollution
Pollution is an example of a negative externality. Despite the gradual reduction in emissions from fossil fuels, many important environmental issues remain. Along with the still-high levels of air and water pollution, other issues...
Other
Harvard: Historical Collections: Bubbles, Panics & Crashes
Financial crises have happened before, and - if history is any guide - they will happen again. One year after the subprime mortgage crisis, this Baker Library Historical Collections exhibit documents four major crises that occurred in an...
Other
Federal Deposit Insurance Corporation: Establishment of the Fdic
Read about the background of the banking failures and crises in the 1920s and early 1930s which led to the passage of the Emergency Bank Act, and the eventual establishment of the Federal Deposit Insurance Corporation to protect the...
Independence Hall Association
U.s. History: Sinking Deeper and Deeper
Read about the creeping descent into depression in the United States upon the crash of the stock market. Find out how the economy collapsed, and how that affected employment and the lives of millions.
Federal Reserve Bank
Federal Reserve Bank of Minneapolis: Calming the Panics of the Great Depression
Read this winning essay on the actions of the Federal Reserve in the 1920s that contributed to the crash of the stock market in 1929, ushering the Great Depression.
Council for Economic Education
Econ Ed Link: Deregulation and the California Utilities
"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...
Council for Economic Education
Econ Ed Link: Income Distribution
This video teaches the concept of Income Distribution. Income distribution refers to how the total income earned ends up divided over members of the economy. The website contains an interactive quiz and links for related lesson plans.
Council for Economic Education
Econ Ed Link: Green Eggs and Economics?
Economic concepts are often found in places students have never considered, like children's literature. In this lesson plan, students will explore the various economic concepts addressed in five of Dr. Seuss' most popular books: The Cat...
Curated OER
Market Failure; Positive Externalities
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
Council for Economic Education
Econedlink: Roles of Government
This video teaches the concept of Roles of Government. Some roles of government include protecting the environment, helping the poor and providing national defense. The website contains an interactive quiz and links for related lesson...
PBS
Pbs: American Experience: Riding the Rails: Timeline of the Great Depression
This timeline of the Depression begins in October of 1929 and highlights significant statistics or events, sometimes month by month, through November of 1940 when Roosevelt is re-elected for his third term. From bank collapses to dust...
Library of Economics and Liberty
Concise Encyclopedia of Economics: Great Depression
For upper level classes and abilities only. A very scholarly explanation of the causes of the Great Depression and steps Franklin Roosevelt to end it. An excellent source due to its thorough analysis and detail.
![Federal Reserve Bank of Philadelphia: What Does the Fed Do? [Pdf] Lesson Plan](http://content.lessonplanet.com/resources/thumbnails/409972/large/bwluav9tywdpy2symdiwmduymc0xmdm2nc0xbdhxbxa3lmpwzw.jpg?1589982797 "Federal Reserve Bank of Philadelphia: What Does the Fed Do? [Pdf] Lesson Plan")
Federal Reserve Bank
Federal Reserve Bank of Philadelphia: What Does the Fed Do? [Pdf]
Students will learn the basic functions of the Federal Reserve Bank of the United States through activities presented in this lesson plan.
Independence Hall Association
U.s. History: A Bank Holiday
Actions taken by Franklin D. Roosevelt upon becoming president in 1933. Read about how he took immediate steps to restore confidence in the banking segment of the American economy.
Independence Hall Association
U.s. History: The Great Depression
Read a brief overview of the causes of the Great Depression. See that there were several reasons which fed on each other to plunge the country into economic chaos.
Then Again
Then Again: Web Chron: The Great Depression Begins 1929
An overview of the Great Depression and its causes.
Khan Academy
Khan Academy: Why the Private Sector Under Invests in Innovation
Read about how private companies tend to invest less than they should in innovation. (Hint: it's because many of the benefits are external).
Khan Academy
Khan Academy: What Is a Free Rider?
Not everybody who benefits from a public good contributes to its creation or maintenance. Learn about free riders.
Khan Academy
Khan Academy: Command and Control Regulation
Command-And-Control Regulation: The simplest kind of regulation is to just tell people what to do. This has downsides, though.
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