This study guide distinguishes between positive and negative externalities and how to correct negative externalities. Some learning exercises and an online quiz are also provided.

Concepts

economy, externalities

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Additional Tags

negative, south-western learning: econnews: externalities, market failure, public choice

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Classroom Considerations

• Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)

• This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information