Lumen Learning
Boundless Economics: Introducing Market Failure
An explanation of the causes of market failure and possible governmental responses to such failure.
Khan Academy
Khan Academy: What Are Market Oriented Environmental Tools?
Market-oriented environmental tools are explained, and guided questions are provided. This article from Khan Academy is intended for students who are taking a microeconomics course.
Tutor2u
Tutor2u: Market Failure Positive Externalities
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
Council for Economic Education
Econ Ed Link: Green Eggs and Economics?
Economic concepts are often found in places students have never considered, like children's literature. In this lesson plan, students will explore the various economic concepts addressed in five of Dr. Seuss' most popular books: The Cat...
Other
South Western Learning: Econ News: Externalities, Market Failure, Public Choice
This study guide distinguishes between positive and negative externalities and how to correct negative externalities. Some learning exercises and an online quiz are also provided.
Khan Academy
Khan Academy: Types of Market Oriented Environmental Tools
Read about the three main types of market-oriented regulation, including pollution charges, marketable permits, and better-defined property rights
Khan Academy
Khan Academy: The Tradeoff Between Economic Output and Environmental Protection
Unfortunately, it's not possible for a country to maximize both its environmental protection and its economic output. Each country must make a decision about how the two goals should be balanced and how to achieve that balance.
Khan Academy
Khan Academy: The Economics of Pollution
Pollution is an example of a negative externality. Despite the gradual reduction in emissions from fossil fuels, many important environmental issues remain. Along with the still-high levels of air and water pollution, other issues...
Khan Academy
Khan Academy: What Are Public Goods?
This resource explains what public goods are. This video lesson from Khan Academy is intended for students who are taking a microeconomics course.
Library of Economics and Liberty
Concise Encyclopedia of Economics: Great Depression
For upper level classes and abilities only. A very scholarly explanation of the causes of the Great Depression and steps Franklin Roosevelt to end it. An excellent source due to its thorough analysis and detail.
Council for Economic Education
Econ Ed Link: Deregulation and the California Utilities
"The verdict is in: California's experiment with energy deregulation is not just a mess; it's a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme." This is how...
Other
Harvard: Historical Collections: Bubbles, Panics & Crashes
Financial crises have happened before, and - if history is any guide - they will happen again. One year after the subprime mortgage crisis, this Baker Library Historical Collections exhibit documents four major crises that occurred in an...
Curated OER
Market Failure; Positive Externalities
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
Independence Hall Association
U.s. History: The Great Depression
Read a brief overview of the causes of the Great Depression. See that there were several reasons which fed on each other to plunge the country into economic chaos.
Khan Academy
Khan Academy: Why the Private Sector Under Invests in Innovation
Read about how private companies tend to invest less than they should in innovation. (Hint: it's because many of the benefits are external).
Khan Academy
Khan Academy: What Is a Free Rider?
Not everybody who benefits from a public good contributes to its creation or maintenance. Learn about free riders.
Khan Academy
Khan Academy: Command and Control Regulation
Command-And-Control Regulation: The simplest kind of regulation is to just tell people what to do. This has downsides, though.
Khan Academy
Khan Academy: International Environmental Issues
This article deals with global warming and its possible consequences on climate and terrestrial ecosystems.
Khan Academy
Khan Academy: Public Goods: Real World Examples
Let's look at some real examples of public goods.
Khan Academy
Khan Academy: The Benefits and Costs of Us Environmental Laws
Read about specific examples of environmental laws in the United States.
Khan Academy
Khan Academy: Positive Externalities of Innovation
Innovation often benefits many people, not just the person or company that innovated.
Khan Academy
Khan Academy: Investing in Human Capital
When you teach somebody, they and society both benefit from training and education. What's in it for you?