Market Failures Economics Mini Lesson!

Market Failures Economics Mini Lesson!
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283 KB|4 pages
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  1. Greetings Friend! This bundle includes everything you need to teach the markets, businesses, and labor unit, including a highly engaging Stock Market Simulation Project and culminating unit exam! Just like with all my units, this one focuses on student engagement. It’s jam packed with creativity, fu
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Product Description

Greetings Friend!

Markets are not always as efficient as economists might hope! That’s where market failures come in. With this short but impactful lesson, your students will gather a deeper understanding of how markets work and why they’re sometimes inefficient.

This lesson will teach your students all about the inefficiency that occurs with market failures, specifically focusing on externalities and public goods. Your students will read definitions and examples, and then process this information by responding to written prompts throughout the worksheet. This worksheet assumes students already know about the 4 market structures and understand supply and demand.

What to Expect:

  • Warm Up & EQ
  • Market Failures Handout
  • Suggested Lesson Plan

Materials Needed:

  • Class set of included worksheets

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Total Pages
4 pages
Answer Key
Teaching Duration
30 minutes
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