Cereal Box Project for Economics: Fixing the Problem of Merit and Demerit Goods

Students can get creative and reinforce their learning at the same time.

This is a time consuming project that students tend to enjoy because they put a lot of work into their cereal box. It’s a great physical display of fixing the problems of merit and demerit goods. Students will choose a merit or demerit good, provide information of the good and give one demand side solution and one supply side solution to fix the problems stated.

Directions: You work in the health department for the central government in the U.K. The Prime Minister wants solutions for the problems of specific merit/demerit goods. You will choose 1 merit good or 1 demerit good. You will put the following information on a cereal box…