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...

In this macroeconomics instructional activity, students respond to 41 short answer and fill in the blank questions regarding economic concepts related to 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,...

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...

Students recognize the difference between negative and positive externalties. They diagram reasons for market failures pertaining to genetically altered crops.

An explanation of the causes of market failure and possible governmental responses to such failure.

This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.

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.

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.

Innovation often benefits many people, not just the person or company that innovated.

Economic concepts are often found in places students have never considered, like children's literature. In this lesson, students will explore the various economic concepts addressed in five of Dr. Seuss' most popular books: The Cat in...

This resource explains what public goods are. This video lesson from Khan Academy is intended for students who are taking a microeconomics course.

Let's look at some real examples of public goods.

Not everybody who benefits from a public good contributes to its creation or maintenance. Learn about free riders.