Externalities
Introduce the concept of externalities.
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Lessons & Activities
31-45 min
Supply and Demand of Pollution
OVERVIEW
The lesson shows students how basic supply and demand concepts can be used to analyze the effects of an emissions tax or a cap and trade system. Using supply and demand illustrates how markets can be used to allocate the amount of pollution released into the environment.
Related Resources
VIDEO Q&A
0-15 MIN
LESSONS & ACTIVITIES
46-60 MIN
Herd Immunity and Positive Externalities Lesson
Investigate the concept of positive externalities.
LESSONS & ACTIVITIES
46-60 MIN
Intro to Externalities
Learn the four major types of externalities.
AUDIO Q&A
0-15 MIN
Externalities
Introduce students to positive and negative externalities.
LESSONS & ACTIVITIES
46-60 MIN
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.
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Saving the Environment with Economic Ideas
Learn and analyze how economics plays a role in developing ideas and solutions to save the environment.
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Water Rights: Managing the Colorado Water System
Define allocation, scarcity, and value thorugh an active simulation.
LESSONS & ACTIVITIES
31-45 MIN
Property Rights
Illustrate the Coase Theorem using a lake-pollution activity.
LESSONS & ACTIVITIES
31-45 MIN
Marginal Analysis: How Clean Is Clean Enough?
Illustrate marginal cost of cleaning up pollution.
LESSONS & ACTIVITIES
31-45 MIN
The Emissions Simulation
Define emissions tax and tradable permit system.
LESSONS & ACTIVITIES
46-60 MIN
Green Is the New Gold
Understand factors of production and analyze businesses production processes.
