Monday, October 23rd, 2006
Market Failures: Positive Externalities
OBJECTIVE
Students shall be able to
define externality.
define positive externality.
define negative externality.
list examples of positive externalities.
list examples of negative externalities.
explain how a positive externality results in the underallocation of resources.
explain how a negative externality results in the overallocation of resources.
ACTIVITIES
Students shall watch "Economics USA: Public Goods."
Students shall answer questions from the video.
Assignment:
Watch "Economics USA: Public Goods."
Answer these questions from "Economics USA: Public Goods."
Complete the review sheet for Monday's test. [Click here for answers.]
ASSESSMENT PROCEDURES
Monitor and adjust as necessary. Check student work in the notebook.
TEKS involved: 2B, 2C, 2D, 3B, 4A, 4B, 5A, 5B, 7A, 7B, 15A, 15B, 17A, 20A, 20B, 21A, 21B, 23B, 23D, 24A, 24B, 24C, 24D