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...
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Market Failure: Externalities and their Remedies
For this macroeconomics worksheet, students respond to 41 short answer and fill in the blank questions regarding economic concepts related to market failure.
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Chapter 30: Government and Market Failure
Complete with a navigation tool and list of key terms, the slides in this presentation are bursting with pertinent information for your young economists. From studying public goods to graphs that detail the collective willingness to pay,...
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Socialist and Market Economies in Tanzania
How did Tanzania transition from a socialist to a market economic system? This challenging group research project has scholars examining the change through these structural adjustment policies: trade liberalization, privatization, cost...
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Market Structures and Competition
Students review concepts related to market structures and competition. Using supply and demand, they identify what factors cause them to shift and analyze business downward facing demand curves. They compare and contrast the abilities of...
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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.
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Regulatory Agency
Five governmental regulatory agencies are tasked to respond to market failure. Groups investigate the roles of each of these agencies as well as the social, economic, and political impact of their actions.
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Genetically Modified Crops
High schoolers recognize the difference between negative and positive externalties. They diagram reasons for market failures pertaining to genetically altered crops.
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Market Failure
Students view a PowerPoint presentation on market failure. They research the genetically modified food market and identify positive and negative externalities associated with this market. They consider some of the difficulties in...
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Studies And Taxes
Students use knowledge of supply and demand models and demonstrate how markets can be affected by intervention from governments or other agencies in an attempt to correct a perceived 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,...
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Government Lesson Plan 18
Students identify problems with a pure market economy, and examine and explain roles of selected regulatory agencies.
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Causes of America's Great Depression
Students identify principal causes of the Great Depression. They analyze causes including a decline in worldwide trade, the stock market crash, and bank failures and explain the legacy of the Depression in American society.
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Government Failure: Tuition Fees for Higher Education
Students examine the concept of government failure. They analyze data to provide support for tuition fees. They write a report using their analytical and evaluative skills.
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Price Controls: Agriculture and Fisheries
Learners study the Common Agricultural Policy and the Common Fisheries Policy as cases in which governments try to correct market failure. They complete a question and answer sheet.
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The Role of Public and Private Sectors
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...
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Money Simulation (mini economy)
Students participate in a local, classroom economy in both the resource and products market. They track all transactions and learn economic principles and concepts.
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Reforming Wall Street & its Booms, Bubbles & Busts
Young scholars examine Wall Street Reform. In this current events lesson, students read the provided articles "Why a Financial Crisis?," "Deception and Leadership Failure=Boom, Bubble, Burst," and "How Can a Future Financial Crisis be...
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Economics: Who Benefits from Competition?
Young scholars examine competitive markets and complete a simulation called "The More. the Merrier." In the simulation they assess how goods are more available when competition increases. Students investigate how competition and the...
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Financial Forces: Understanding Taxes and Inflation
Take the opportunity to offer your young adults some important financial wisdom on the way taxes and inflation will affect their lives in the future. Through discussion and review of different real-world scenarios provided in this...
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Micro Economics - Personal Budgeting
Students explore the real world as it relates to money and how people use it. In this money management lesson, students jump into the real world as they role play with money through spending, saving, being married, single, having...
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Pump It Up!
Students design a pumping device that will effectively pump fluid through a model "cardiovascular system." They explore the effects of too much and too little pressure on a circulatory system.
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Ad Busting
Debunk advertising myths by creating an opposing image. First, find an ad with a persuasive and emotional pull. Once you have identified the message, create a counter-advertisement that shows the opposite message. For example, if an ad...
Federal Reserve Bank
What Really Caused the Great Depression?
Falling wages. Rising unemployment. Falling prices. Sound familiar? Young economists look at the role the US banking system had in causing the Great Depression.
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