Externalities

This Externalities video also includes:

What does AXE body spray have to do with externalities? Find out with this fun video, and help your young economists understand external benefits and external costs with the support of an engaging economics instructor.

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CCSS: Adaptable
Instructional Ideas

  • This would serve as a perfect introductory video for your lesson on externalities
  • Have class members think of other fun metaphors for externalities and present their examples through creative mediums or presentations
Classroom Considerations

  • This is an older video by this presenter, who has since created a wealth of more modern and well-produced videos on economic concepts. You can find these by searching online for ACDC economics
Pros

  • Creative approach to the topic
  • Incorporates a funny commercial scene in order to further illustrate concept
Cons

  • None