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Watch as an economics instructor guides students through what happens when the free market fails to allocate an efficient quantity. He attempts in 90 seconds or less to discuss the positive externality graph and how a government can come in and fix the market failure.
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4 Downloads
CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Consider having students watch this video at home so they can progress through the content at their own pace, and then ask them to re-teach the concept to their peers the following day
Classroom Considerations
- The presenter moves very quickly through the material. This video should only be used as a review or study aid, rather than as a stand-alone lesson
- This video is hosted on YouTube
Pros
- Uses whiteboard to help illustrate economic concept
- Quick overview of topic
Cons
- None