Curated OER
Market Failures
Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...
Curated OER
Market Failure: Externalities and their Remedies
In this macroeconomics worksheet, students respond to 41 short answer and fill in the blank questions regarding economic concepts related to market failure.
Curated OER
Subsidies and Taxes
Students utilize supply and demand models to demonstrate how markets can be affected by intervention from governments or other agencies in an attempt to correct a perceived market failure. After viewing a PowerPoint presentation,...
Curated OER
Government Failure: Congestion, Pollution and the Pensions Crisis
Students determine reasons for market failure while examining clear definitions for government failure, rent seeking, and log rolling. They gain an idea of how governments can solve the problems they face in correcting these failures.