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.
Curated OER
Genetically Modified Crops
High schoolers recognize the difference between negative and positive externalties. They diagram reasons for market failures pertaining to genetically altered crops.
Curated OER
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...
Curated OER
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...
Curated OER
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,...
Curated OER
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.
Curated OER
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.
Curated OER
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...
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.
Curated OER
Hey, Mom! What's for Breakfast?
Students examine how he world eats breakfast. In this food choices lesson, students work in groups to list breakfast foods and their ingredients and find goods and consumers on the list. The, students use the Internet to complete a...
Curated OER
Incentives, Profit and the Entrepreneur
Students discuss hypothetical problems associated with price and profit. They discuss the fairness of profit, how it should be measured, and the consequences of setting acceptable levels of profit.
Curated OER
What's New?
Learners act as teams of product managers for personal electronics companies. Each team evaluate new electronic devices in different product categories (such as handheld devices and portable music devices), and create product...
Curated OER
Economics: Incentives, Profit, and the Entrepreneur
Young scholars discuss both positive and negative economic incentives. For this lecture-based lesson, they examine a simulation about profiteering drug companies and what might happen if the FDA controlled drug production.
Curated OER
Is Capitalism Good for the Poor? | How Incentives Affect Innovation
Students focus on the role played by a nation's institutions in generating creativity, invention and innovation, and analyzes how innovation promotes the economic growth that raises standards of living and alleviates poverty.