Wednesday, November 2nd, 2005

Market Failures: Pollution


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: Pollution."

  2. Students shall answer questions from the video.


  1. Watch "Economics USA: Pollution."

  2. Answer these questions from "Economics USA: Pollution."



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,