Title: Externalities -- Video
Course: Recommended Resources for AP Micro from FRE > Section: Unit 6: Market Failure and the Role of Government

In the fifth episode of the Economic Lowdown Video Series, Scott Wolla, economic education specialist, explains externalities. Learn how costs and benefits sometimes affect bystanders, and discover how taxes and subsidies can be used to “internalize” externalities.

Watch the video and then click "next" to take the quiz.