Objective
Teachers will be able to:
- Explain various examples of market failure and their real-world implications.
- Learn interactive classroom activities to engage students with the concepts of market failure.
- Understand key economic concepts such as externalities, the free-rider principle, the Coase theorem, and common resource goods.
Standards
Concepts
Description
In this engaging webinar, teachers will explore two main types of market failure- public goods and externalities. Attendees will gain interactive, hands-on activities. Teachers will also Learn about important economic principles like the free-rider principle, the Coase theorem, and common resource goods, and leave with fresh, creative approaches to make these concepts come alive for students.
Subjects:
Economics