With ten years of teaching experience, I’ve developed this detailed lessons on externalities, tailored for A-Level economics students. It is completely plug and play. This lesson dives deep into the analysis of positive and negative externalities, focusing on the critical relationship between MSB = MSC. It includes extensive graphs, model questions and answers, and practical exercises to ensure thorough understanding.
Key topics covered:
- In-depth analysis of positive and negative externalities
- Graphical explanation of MSB = MSC
- Real-world examples of externalities in production and consumption
- Exercises and model answers for student practice
This lesson is designed to provide a comprehensive understanding of externalities, using detailed graphs and practice questions to support learning.
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£5.00