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...

Students determine reasons for market failure while examining clear definitions for government failure, rent seeking, and log rolling. They gain an idea of how governments can solve the problems they face in correcting these failures.

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.

Read about the three main types of market-oriented regulation, including pollution charges, marketable permits, and better-defined property rights