Curated OER
Market Failures
Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...
Curated OER
Market Failure: Externalities and their Remedies
In this macroeconomics worksheet, learners respond to 41 short answer and fill in the blank questions regarding economic concepts related to market failure.
Curated OER
Chapter 30: Government and Market Failure
Complete with a navigation tool and list of key terms, the slides in this presentation are bursting with pertinent information for your young economists. From studying public goods to graphs that detail the collective willingness to pay,...
Curated OER
Market Failure
Learners view a PowerPoint presentation on market failure. They research the genetically modified food market and identify positive and negative externalities associated with this market. They consider some of the difficulties in...
Curated OER
Genetically Modified Crops
Students recognize the difference between negative and positive externalties. They diagram reasons for market failures pertaining to genetically altered crops.
Lumen Learning
Boundless Economics: Introducing Market Failure
An explanation of the causes of market failure and possible governmental responses to such failure.
Tutor2u
Tutor2u: Market Failure Positive Externalities
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
Other
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.
Khan Academy
Khan Academy: What Are Market Oriented Environmental Tools?
Market-oriented environmental tools are explained, and guided questions are provided. This article 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...
Khan Academy
Khan Academy: Positive Externalities of Innovation
Innovation often benefits many people, not just the person or company that innovated.
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...
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.
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.
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: Public Goods: Real World Examples
Let's look at some real examples of public goods.
Khan Academy
Khan Academy: International Environmental Issues
This article deals with global warming and its possible consequences on climate and terrestrial ecosystems.
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.