Correcting Market Failure

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Economics

The following constitutes a full list of resources on Biz/ed relating to Correcting Market Failure. All resources are applicable for Levels 3 and 4 unless otherwise stated. Resources suitable for Levels 1, 2 and 5 are marked where relevant. For further information on this, please see our guide to teaching and learning levels.

Theory Explanations and Notes
Regulating Market Failure in the Ivory Market - Virtual Developing Country
Taxing Externalities - Virtual Economy
Establishing Property Rights - Virtual Developing Country

Presentations
Market Failures and Government Policy [807 KB]

Worksheets, Activities and Simulations
Tackling Traffic Congestion Simulation - Virtual Learning Arcade
Taxing Externalities Worksheet - Virtual Economy
Market Failures and Government Policy - Worksheet
Road Pricing - Worksheet

Current Topics
Elvis Presley and Property Rights - Mind your Business
Drugs, Big Business and Community Service: Kicking the Chemists in the Margins - Wanna Argument?
The Railways: Better off Privatised? - Problem Based Learning
Externalities and Non-Renewable Resources - Problem Based Learning

Company Information and Case Studies
There are currently no resources available for this topic.

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