{"id":11276,"date":"2015-04-29T22:44:56","date_gmt":"2015-04-30T02:44:56","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=11276"},"modified":"2015-04-30T14:36:57","modified_gmt":"2015-04-30T18:36:57","slug":"economics-43015","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2015\/04\/29\/economics-43015\/","title":{"rendered":"Economics &#8211; 4\/30\/15"},"content":{"rendered":"<p><strong>I. \u00a0Bellwork<\/strong><\/p>\n<ul>\n<li>Provide an example of a positive externality\u00a0 and explain how it impacts the 3rd party positively.<\/li>\n<li>Provide an example of a negative externality\u00a0 and explain how it impacts the 3rd party negatively.<\/li>\n<\/ul>\n<p><strong>II. \u00a0Objective:<\/strong><\/p>\n<ul>\n<li>Describe externalities, distinguish between positive and negative externalities, and identify methods used to discourage negative externalities and encourage positive externalities.<\/li>\n<li>Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence<\/li>\n<\/ul>\n<p><strong>III.\u00a0\u00a0Notebook Work\/Discussion:<\/strong><\/p>\n<ul>\n<li>Tree Map: Causes of Market Failures-Pgs 180-181<\/li>\n<li>Distinguish between a positive and negative externality<\/li>\n<li>Identify methods the government uses to discourage negative externalities\u00a0and\u00a0encourage positive externalities<\/li>\n<\/ul>\n<p><strong>IV. \u00a0Classwork<\/strong><\/p>\n<p><strong>A. \u00a0<a href=\"https:\/\/youtu.be\/L2W_6QJ2S2I\">Whiskey fungus tarnishes homes in Kentucky<\/a> \u00a0Q&amp;A<\/strong><\/p>\n<ol>\n<li>What is the negative externality and why is it a negative externality?<\/li>\n<li>Is there any positive externalities with having a distillery in the community?<\/li>\n<li>Construct and describe 2 different approaches to solve the problem and reduce the market failure<\/li>\n<\/ol>\n<p>B. \u00a0Create questions for Section 7-2<\/p>\n<ol>\n<li>Construct 5 True &amp; False Questions<\/li>\n<li>Construct 8 Multiple Choice questions with 4 choices (Circle Answers)<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>I. \u00a0Bellwork Provide an example of a positive externality\u00a0 and explain how it impacts the 3rd party positively. Provide an example of a negative externality\u00a0 and explain how it impacts the 3rd party negatively. II. \u00a0Objective: Describe externalities, distinguish between positive and negative externalities, and identify methods used to discourage negative externalities and encourage positive [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-11276","post","type-post","status-publish","format-standard","hentry","category-economics-w2015"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11276","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=11276"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11276\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=11276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=11276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=11276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}