{"id":9656,"date":"2013-11-18T22:24:39","date_gmt":"2013-11-19T03:24:39","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=9656"},"modified":"2013-11-18T22:26:41","modified_gmt":"2013-11-19T03:26:41","slug":"9656","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2013\/11\/18\/9656\/","title":{"rendered":"Economics &#8211; 11\/19\/13"},"content":{"rendered":"<p><b>I.\u00a0 Bellwork Q&amp;A<\/b><\/p>\n<p><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/11\/china-smog74003740_0.jpg\">\u00a0<a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/11\/china-smog74003740_0.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-thumbnail wp-image-8464\" alt=\"Chapter 7 - China Smog\" src=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/11\/china-smog74003740_0-150x150.jpg\" width=\"296\" height=\"296\" \/><\/a><\/a><\/p>\n<ol start=\"1\">\n<li>What is happening in the picture?<\/li>\n<li>Who is impacted?<\/li>\n<li>How are they impacted?<\/li>\n<li>Why do you believe this is being allowed?<\/li>\n<\/ol>\n<p><b>II.\u00a0 Objective:<\/b><\/p>\n<ul>\n<li>Identify common circumstances related to market failures and the impact externalities have on society.<\/li>\n<li>Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence<\/li>\n<\/ul>\n<p>III.\u00a0 Retakes\/First takes tomorrow @ 2:45 in G204 (Retakes bring 3 paragraphs for section summaries)<\/p>\n<p><b>I<b>V<\/b>.\u00a0 Video &amp; Discussion<\/b><\/p>\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=yC5R9WPId0s&amp;feature=relmfu\">Externalities<\/a><\/li>\n<\/ul>\n<ul>\n<li><a href=\"https:\/\/youtu.be\/ljrBEdg-QU4\">Externalities: When Is a Potato Chip Not Just a Potato Chip?<\/a><\/li>\n<\/ul>\n<p><b>V.<\/b>\u00a0 Notebook Work\/Discussion:<\/p>\n<ul>\n<li><b>Causes of Market Failures-Pgs 180-181-Create a Tree Map<\/b><\/li>\n<li>Distinguish between a positive and negative externality<\/li>\n<li>Identify methods the government uses to discourage negative externalities and encourage positive externalities<\/li>\n<\/ul>\n<p>VI.\u00a0 <b>Classwork<\/b><\/p>\n<ul>\n<ul>\n<li>Page 179 Vocabulary (7)<\/li>\n<li>P 183 2-6 Q&amp;A<\/li>\n<li><a href=\"https:\/\/youtu.be\/mYj29uA7Pi0\">Whiskey fungus tarnishes homes in Kentucky<\/a> Q&amp;A<\/li>\n<\/ul>\n<\/ul>\n<p>a) What is the negative externality and why is it a negative externality?<br \/>\nb) Comment on the likely success of different approaches to solve the problem and reduce the market failure<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork Q&amp;A \u00a0 What is happening in the picture? Who is impacted? How are they impacted? Why do you believe this is being allowed? II.\u00a0 Objective: Identify common circumstances related to market failures and the impact externalities have on society. Evaluate various explanations for actions or events and determine which explanation best accords with [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[],"class_list":["post-9656","post","type-post","status-publish","format-standard","hentry","category-economics-fall-2013"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/9656","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=9656"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/9656\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=9656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=9656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=9656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}