Monday, October 23rd, 2006

Market Failures:  Positive Externalities


Students shall be able to

  1. define externality.

  2. define positive externality.

  3. define negative externality.

  4. list examples of positive externalities.

  5. list examples of negative externalities.

  6. explain how a positive externality results in the underallocation of resources.

  7. explain how a negative externality results in the overallocation of resources.



  1. Students shall watch "Economics USA: Public Goods."

  2. Students shall answer questions from the video.


  1. Watch "Economics USA: Public Goods."

  2. Answer these questions from "Economics USA: Public Goods."

  3. Complete the review sheet for Monday's test. [Click here for answers.]



Monitor and adjust as necessary. Check student work in the notebook.

TEKS involved: 2B, 2C, 2D, 3B, 4A, 4B, 5A, 5B, 7A, 7B, 15A, 15B, 17A, 20A, 20B, 21A, 21B, 23B, 23D, 24A, 24B, 24C, 24D