Externalities
Introduce the concept of externalities.
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This activity illustrates when it’s a good idea to clean up a lot of pollution and when it’s OK to let some pollution into the environment. Students decide how much should be cleaned up based on characteristics of the pollution and the costs of cleaning up the pollution.
Externalities
Introduce the concept of externalities.
Herd Immunity and Positive Externalities Lesson
Investigate the concept of positive externalities.
Intro to Externalities
Learn the four major types of externalities.
Externalities
Introduce students to positive and negative externalities.
AP Micro Lecture Guide: The Deadweight Loss Plan
This lecture guide provides a script, visuals, and a worksheet to introduce situations where deadweight loss exists.
Saving the Environment with Economic Ideas
Learn and analyze how economics plays a role in developing ideas and solutions to save the environment.
Water Rights: Managing the Colorado Water System
Define allocation, scarcity, and value thorugh an active simulation.
Property Rights
Illustrate the Coase Theorem using a lake-pollution activity.
Supply and Demand of Pollution
Examine what happens when the supply or demand of pollution disposal changes.
The Emissions Simulation
Define emissions tax and tradable permit system.
Green Is the New Gold
Understand factors of production and analyze businesses production processes.
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