Episode 11: Externalities

This Episode 11: Externalities audio also includes:

New Review

A factory provides a much needed product to the market, but it also provides ugly pollution and waste. The 11th episode of a 21-part Economic Lowdown podcast series investigates the concept of positive and negative externalities. Historians analyze the cost, both good and bad, of purchases and products. A short podcast explains how externalities are made and what people should do to curb the negative and support the positive. 

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CCSS: Adaptable
Instructional Ideas

  • Preview the lesson with a short online reading assignment on externalities
  • Investigate a local business or store for positive and negative externalities 
Classroom Considerations

  • Lesson is designed for grades 6-12 and beyond; base according to grade level
Pros

  • Lesson provides a link to questions and answers for classroom use at Econ Lowdown
  • Resource includes a podcast as well as video to differentiate instruction
Cons

  • None