PROFESSOR GEEK -Week 5 MyEconLab Midterms Week 5 MidTerm Exam I and II

 Preparation

• Reading(s)
• • Chapter 9: Imperfect Information, External Benefits, and External Costs Click here for PowerPoint
    
• e-Activity
• • Use the Internet to research lemon laws in two states (one being the state you live in). Be prepared to discuss. 

Activities

• Lecture - Externalities
  • Topic 1: Understanding Externalities
  • Topic 2: Negative Externalities
  • Topic 3: Positive Externalities
  • Topic 4: Achieving Efficiency When Externalities Exist
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• Mid-Term Exam Chapters 1-8

This week's discussion questions are already present, however, in order to make the discussions  interesting and engaging, I would recommend looking at these websites:

http://www.basiceconomics.info/market-failures-and-externalities.php
http://www.unc.edu/depts/econ/byrns_web/Economicae/adverseselection.html
http://www.unc.edu/depts/econ/byrns_web/Economicae/Essays/Abatement.htm