Lesson Planet
Search educational resources
  • Sign In Try It Free
  • AI Teacher Tools
    • Discover Resources Search reviewed educational resources by keyword, subject, grade, type, and more
    • Curriculum Manager (My Content) Manage saved and uploaded resources and folders To Access the Curriculum Manager Sign In or Join Now
    • Browse Resource Directory Browse educational resources by subject and topic
    • Curriculum Calendar Explore curriculum resources by date
    • Lesson Planning Articles Timely and inspiring teaching ideas that you can apply in your classroom
    • Our Story
    • Frequently Asked Questions
    • Testimonials
    • Contact Us
  • Pricing
  • School Access
    • Your school or district can sign up for Lesson Planet — with no cost to teachers
      Learn More
  • Sign In
  • Try It Free

Hi, what do you want to do?

Create a lesson plan
Create a lesson plan
Generate resources with 80+ AI teacher tools
Generate resources with 80+ AI teacher tools
Search 200,000 instructional videos
Search 200,000 instructional videos
Find a teaching resource
Find a teaching resource
Episode 17: Public Goods PodcastEpisode 17: Public Goods Podcast
Publisher
Federal Reserve Bank
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
8th - Higher Ed
Subjects
Social Studies & History
1 more...
Resource Type
Podcasts
Media Length
9:58
Audiences
For Teacher Use
1 more...
Duration
10 mins
Instructional Strategies
Direct Instruction
1 more...
Usage Permissions
Fine Print: Educational Use
Podcast

Episode 17: Public Goods

Curated and Reviewed by Lesson Planet
This Episode 17: Public Goods podcast also includes:
  • Reading Passage
  • Join to access all included materials

Why are some goods public and others private? Scholars compare and contrast what makes an item a rival or excludable as they listen to an enlightening podcast. They investigate everything from street lights to automobiles, placing items in the public or private goods category.

9 Views 3 Downloads
CCSS: Adaptable

Concepts

public goods, economics, market economies

Additional Tags

social studies

Instructional Ideas

  • Brainstorm and create a list of public and private goods 
  • As a review of the lesson, create flashcards of a public or private goods and quiz the class on their knowledge of both 

Classroom Considerations

  • Lesson works for grades 6-12 and beyond
  • Podcast is the 17th in a 21-part economic series

Pros

  • Resource provides printable transcript of the podcast for classroom use
  • Lesson includes teacher questions and materials on the Econ Lowdown website

Cons

  • None

Common Core

RH.6-8.1 RH.6-8.2 RH.6-8.3 RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.11-12.1 RH.11-12.2 RH.11-12.3

See similar resources:

Activity

Private Provisions of Public Goods: Issues and Examples [Pdf]

Other
This essay examines public goods and their provision by the government. The argument uses lighthouses and warships from historical contexts as examples. For the advanced economics student.
9th - 10th Social Studies & History
Handout

Concise Encyclopedia of Economics: Public Goods

Library of Economics and Liberty
This article explains what public goods are, as well as what they are not. It also gives examples of several problems in determining how to determine whether goods are public or private.
9th - 10th Social Studies & History
Unknown Type

Khan Academy: Public and Private Goods

Khan Academy
Practice what you've learned about public and private goods in this four-question exercise. Topics include the definitions of excludability and rivalry, and how to identify public goods, private goods, artificially scarce goods, and...
9th - 10th Social Studies & History
Article

Le Monde Diplomatique: What Is a Public Good?

Other
This article describes the concept of public and private goods and gives examples within a global context. Whether or not the good is "rival" or "excludable" is also discussed. (Published June 2000)
9th - 10th Social Studies & History
Audio

St. Louis Fed: Public Goods: The Economic Lowdown Podcast Series, Episode 17

Federal Reserve Bank
Economic Lowdown Podcast episode 17 [9:57] defines the characteristics of private and public goods and explains why these characteristics help determine whether government or the private sector is best positioned to produce each.
9th - 10th Social Studies & History
Handout

Concise Encyclopedia of Economics: Public Goods

Library of Economics and Liberty
This article describes the relationship between externalities, private and public goods, and government intervention.
9th - 10th Social Studies & History
Activity

Sjsu: The Nature of Public Goods

San Jose State University
This essay discusses the topics of public goods, private goods, excludability of goods, and rivalry of goods.
9th - 10th Social Studies & History
Lesson Plan

Chapter 30: Government and Market Failure

Curated OER
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,...
10th - 12th Social Studies & History
Activity

Public Goods

Other
This article discusses public goods, the free-rider problem, externalities, property rights, and game theory strategy.
9th - 10th Social Studies & History
Article

Khan Academy: What Are Public Goods?

Khan Academy
This resource explains what public goods are. This video lesson from Khan Academy is intended for students who are taking a microeconomics course.
9th - 10th Social Studies & History
Try It Free
© 1999-2026 Learning Explorer, Inc.
Teacher Lesson Plans, Worksheets and Resources

Sign up for the Lesson Planet Monthly Newsletter

Open Educational Resources (OER)

  • Health
  • Language Arts
  • Languages
  • Math
  • Physical Education
  • Science
  • Social Studies
  • Special Education
  • Visual and Performing Arts
View All Lesson Plans

Discover Resources

  • Our Review Process
  • How it Works
  • How to Search
  • Create a Collection

Manage Curriculum

  • Edit a Collection
  • Assign to Students
  • Manage My Content
Contact Us Site Map Privacy Policy Terms of Use