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Handout
Wikimedia

Wikipedia: Externality

For Students 9th - 10th
Provides a definition and examples of an externality, both positive and negative, and the externality's effect on marginal private benefit and marginal social benefit.
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Activity
Other

National Bureau of Economic Research: Measuring Positive Externalities [Pdf]

For Students 9th - 10th
This research paper describes how the installation of an anti-theft device on cars has helped reduce crime in general in some areas. The concept of positive externalities can be seen in this example.
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Activity
Tutor2u

Tutor2u: Market Failure Positive Externalities

For Students 9th - 10th
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
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Unknown Type
Khan Academy

Khan Academy: Socially Efficient and Inefficient Market Outcomes

For Students 9th - 10th
Practice what you've learned about marginal social cost and marginal social benefit in this four-question exercise.