Market Failure

Class groups investigate the economic and political implications of a country's policies on genetically modified foods, craft a position paper detailing that policy, and share their findings with the class. Armed with this information,...

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...

How can performing cannonballs into a swimming pool help us to understand the concept of marginal analysis and efficiency? Check out this video, using clips from the movie Anchorman and informative instruction, to learn more about...

When should the government step in for the greater public good? Watch a video that details what happens when market externalities need some help sorting themselves out, and whether those regulatory steps are beneficial or not.

What can microeconomics students expect to learn about when it comes to a unit on market failures and the role of the government? Introduce your young economists to the why and how of free market failures and how the government...

Watch as an economics instructor guides students through what happens when the free market fails to allocate an efficient quantity. He attempts in 90 seconds or less to discuss the positive externality graph and how a government can come...

Explore one of the four market failures and the role of government in negative externalities. In this video, an economics instructor discusses what occurs when costs spillover to someone other than producers and how the government...

How are the reactions between American and European consumers different when it comes to genetically modified foods? Use the New York Times article "Consumers in Europe Resist Gene-Altered Foods" to inform your middle schoolers about the...

A highly informative, and thought-provoking video on the history of the growing and selling of food awaits your students. It's a topic not often covered in social studies classes, so this video could be a good addition to a unit on...

Students write in their journals where they believe food comes from. After reading an article, they examine the proceses of cultivation and sale of genetically modified foods. Using the internet, they research specific countries and...