{"id":10626,"date":"2014-11-18T23:54:33","date_gmt":"2014-11-19T04:54:33","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=10626"},"modified":"2014-11-19T10:26:44","modified_gmt":"2014-11-19T15:26:44","slug":"economics-111814-2","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2014\/11\/18\/economics-111814-2\/","title":{"rendered":"Economics &#8211; 11\/19\/14"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork: <\/strong><\/p>\n<p>A. Claim Statement Q&amp;A<\/p>\n<ol>\n<li>Do you believe that government regulation and agencies are necessary? Explain and cite examples.<\/li>\n<li>Present the counterclaim to your statement. Explain and cite examples.<\/li>\n<\/ol>\n<p><strong> II.\u00a0 Objective:<\/strong><\/p>\n<ul>\n<li>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..<\/li>\n<li>Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a problem.<\/li>\n<\/ul>\n<p>III.\u00a0 <strong>Discussion: Externalities, Public Goods &amp; Tragedy of the Commons<\/strong><\/p>\n<p>A.\u00a0 <a href=\"https:\/\/www.youtube.com\/watch?v=IeFtPIvx1h8\">Whiskey fungus tarnishes homes in Kentucky<\/a><\/p>\n<p>a) What is the negative externality and why is it a negative externality?<br \/>\nb) Is there any positive externalities associated with having a distillery in the community?<\/p>\n<p>c) Construct and describe 2 different approaches to solve the problem and reduce the market failure<\/p>\n<p><a href=\"https:\/\/news.bbc.co.uk\/1\/hi\/world\/americas\/8056908.stm\"><strong>B.\u00a0 Obama moves to curb car emissions<\/strong><\/a><\/p>\n<ol>\n<li>What is the market failure that the government is trying to reduce?<\/li>\n<li>How is the government attempting to fix the failure?<\/li>\n<li>What government agency\/agencies may be involved?<\/li>\n<li>How effective do you believe this policy is likely to be in reducing the market failure?<\/li>\n<\/ol>\n<p>C.\u00a0 Tragedy of the Commons<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/youtu.be\/B0vmP7HoFI4\">John Stossel \u2013 Tragedy Of The Commons<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/www.criticalcommons.org\/Members\/economicstube\/clips\/pee_in_pool.wmv\/view\" target=\"_blank\">South Park: Tragedy of the Commons<\/a><\/li>\n<\/ul>\n<p><strong> IV.\u00a0 Classwork<\/strong><\/p>\n<p><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/11\/Ch7-Enrichment-Activities.pdf\">A.\u00a0 Ch7 \u2013 Enrichment Activities<\/a>:\u00a0 Complete a <a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2014\/09\/Four-Square.pdf\">Four Square<\/a><\/p>\n<p>B. Create an example of a situation illustrating the Tragedy of the Commons.<\/p>\n<ol>\n<li>Provide detail and explain why your example illustrates the tragedy of the commons.<\/li>\n<li>Provide a solution\/strategy that may be successful used to correct the problem and explain how it will work in detail.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork: A. Claim Statement Q&amp;A Do you believe that government regulation and agencies are necessary? Explain and cite examples. Present the counterclaim to your statement. Explain and cite examples. II.\u00a0 Objective: Discuss and provide analysis of the societal impact externalities and market failures (tragedy of the commons) while also exploring possible methods to resolve [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-10626","post","type-post","status-publish","format-standard","hentry","category-economics-f2014"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=10626"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/10626\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=10626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=10626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=10626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}