Environmental Econ: Crash Course Economics Video Analysis with Key- This is a 10 page document that contains a video analysis assignment and a completed teachers key for easy marking. It contains 30 questions based on The Crash Course Economics video: Environmental Econ.
This assignment will ask students to go to YouTube and watch the Crash Course video: Environmental Econ. The video will first introduce students to the concepts of greenhouse gasses and global warming. The video then goes on to explain the economic solutions to climate change and how to shift to a renewable energy based economy. The video address the problem with getting rid of fossil fuels- they are so ingrained into our markets and so easy to use that it is not an easy solution to replace them. The current prohibitive costs of renewable energy is also addressed as is the tragedy of the commons- since no one owns the atmosphere, it is hard to convince individual governments an polluters to clean it up. Pollution as a negative externality and a market failure is explained as is how the government intervenes to deal with pollution. Price incentives, taxes, cap and trade programs, and subsidies are all covered under government intervention. The video concludes by examining the rebound effect- why increasing fuel efficiency may make climate change worse. It also concludes by looking at how individual consumers can make choices to help the environment, not just having to rely on governments and producers.
This video analysis can be easily used as an introduction to the topic, a study guide, or a quick and easy sub plan. Students love the independence of this assignment by getting to use laptops, Chromebooks, or even their own cellphones to watch the video. Crash Course videos tend to move fast so students often find success if they watch the video through once before going back to pause/play to find the answers to all of the questions.