• Micro Unit 8 - Externalities + Public Goods
     
    Unit 8-1: Intro to Market Failures (Negative Externalities)
    Objectives:
    1. TSW identify examples of negative externalities.
    2. TSW will define negative externalities and be able to graph them.
     
    Homework:
    1. Read and Outline Chapter 10 for Friday (2/13) - 10 points
     
    Unit 8-2: Government Corrections to Negative Externalities
    Objectives:
    1. TSW define and graph the two main ways that government corrects for negative externalities.
    2. TSW identify what happens to equilibrium price and quantity with government correction.
     
    Homework:
    1. None
     
    Unit 8-3: Positive Externalities
    Objectives:
    1. TSW identify examples of positive externalities.
    2. TSW identify under/over allocation of resources at this time.
     
    Homework:
    1. Complete Pg. 23 in packet for points.
     
     
    Unit 8-4: Public/Private Goods
    Objectives:
    1. TSW identify the difference between non-exclusion and non-rival goods. 
    2. TSW define the free-rider problem and give examples.
     
    Homework:
    1. None
     
     
    Unit 8-5: Coase Theorem + Tragedy of the Commons
    Objectives:
    1. TSW define the Coase Thoerem.
    2. TSW identify and solve real-world problems involving the Coase Theorem 
     
    Homework:
    1. None
     
    Unit 8-6: Review for Unit 8 Test: 
    Objectives:
    1. TSW begin to prepare for the Unit 8 Test.
     
    Homework:
    1. None
     
     
    Unit 8-7: Test for Unit 8: Externalities + Public Goods
    Objectives:
    1. TSW take the Unit 8 Test: (40 Points)
     
    Homework:
    1. None 
     
Last Modified on February 17, 2015