ECON312N Week 4 Assignment Latest 2020 November

ECON312N Principles of Economics

Week 4 Assignment

Mini Presentation – Market Failure

Required Resources

Read/review the following resources for this activity:

Textbook: Chapter 9, 10

Lesson

Link (website):?Narrated PowerPoint Tutorial?

Minimum of 1 news article

Introduction

Market failures occur throughout the economy. Locate an article discussing a market failure. In a narrated PowerPoint presentation, summarize what occurred.

Present the issue from the company's perspective:

What were the benefits to the company?

Did the benefits to the company provide additional positive externalities?

Next present the issue from society's perspective.

How was society damaged by the company's action?

Based on your assessment, did the market failure result in a net benefit or cost to society overall? Explain why.

Review the Narrated PowerPoint Tutorial for help with your narration.

Presentation Requirements