Economics – 11/20/14
I. Bellwork: – Four Square on Cartoon
II. Objectives:
- Examine and explain the role government plays in correcting market failures.
- Discuss and provide analysis of the societal impact externalities and market failures (tragedy of the commons) while also exploring possible methods to resolve these issues..
- Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence.
III. Section 7.2 & 7.3 Quiz Today
- Part 1 and Part 2
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