PROFESSOR GEEK -Week 5 MyEconLab Midterms Week 5 MidTerm Exam I and II
LBM2014Week 5 Checklist
Preparation
- Reading(s)
- Chapter 9: Imperfect Information, External Benefits, and External Costs Click here for PowerPoint
- 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
- 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
- 10 years ago
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