Topics
Externalities
Externalities are spill-over effects from production and/or consumption for which no appropriate compensation is paid to one or more third parties affected
Key Point: Externalities lie outside the initial market transaction and (without state intervention), they are not reflected in the market price
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What are Externalities?
Topic Videos
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Introduction to Market Failure
Study Notes
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Behind the Counter: Should Vapes Be Hidden Like Cigarettes?
28th August 2024
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Venice introduces peak-time tourist tax for access to the city
26th April 2024
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Will the UK government introduce a vape tax?
27th February 2024
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Government Intervention - Price Cap for Online Slot Machines to be cut
22nd February 2024
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Externalities - Dealing with the Mountain of Waste on Everest
10th February 2024
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Disposable vapes to be banned for children's health
30th January 2024
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New Kahoot Quizzes on Market Failure
13th December 2023
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1.3.2 Externalities (Edexcel)
Study Notes
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The UK Hand Car Wash Market
13th February 2023
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New Zealand legislates to ban cigarettes for future generations
15th December 2022
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UK government attempts to defend their record on sewage discharges
6th September 2022
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Key Diagrams - Negative Production Externalities
Topic Videos
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Externalities & Market Failure (Quizlet Revision Activity)
Quizzes & Activities
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Market Failure (Quizlet Revision Activity)
Quizzes & Activities
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Externalities - No country met WHO air quality standards in 2021
24th March 2022
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Government intervention - Paris announces car ban for central districts
23rd February 2022
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Negative Externalities - Peruvian Fish Industry causes a stink
23rd January 2022
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Externalities - The Human Cost of Marine and Traffic Pollution
7th January 2022
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Welfare Loss from Negative Production Externalities
Topic Videos
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Sugar Tax (Student Essay)
Practice Exam Questions
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COP26 - Coca-Cola’s 100 Billion Bottle Problem
31st October 2021
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Externalities and the Supply Crunch
8th September 2021
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Teaching Actvity: The Economics Gallery (Externalities)
Teaching Activities
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Pollution, falling birth rates and increased mortality
17th July 2016
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Evaluating air pollution as a public hazard
19th December 2016
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Externalities - Gold mining in Ghana hurts farm productivity
20th December 2016
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Natural Capital - The Battle for Biodiversity
26th December 2016
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EU approves overhaul of emissions trading
15th February 2017
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Housing Market Failure (Revision Presentation)
Teaching PowerPoints
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Market Failure & Government Intervention (Revision Presentation)
Teaching PowerPoints
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Economics of Market Failure Revision Quiz
Quizzes & Activities
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Positive Externalities (Revision Presentation)
Teaching PowerPoints
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Negative Externalities (Revision Presentation)
Teaching PowerPoints
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Production and Consumption Externalities (Revision Presentation)
Teaching PowerPoints
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Colour Coded AS Micro Answer - Potash Mining
Exam Support
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Positive Externalities
Topic Videos
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Pollution Taxes and Negative Externalities
Topic Videos
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Externalities - Turning the Tide on Waste
15th December 2020
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How to stop plastic getting into the ocean
1st May 2020
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Indirect Taxes Introduction (Online Lesson)
Online Lessons
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Externalities of Pandemics
Topic Videos
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Positive Consumption Externalities
Topic Videos
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Think tank urges increase price of alcohol in supermarkets.
13th September 2019
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Externalities of Festivals - Is there a case for a new tent tax?
30th August 2019
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Production and Consumption Externalities
Topic Videos
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Indirect Taxes (Government Intervention)
Study Notes
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Economics of Legalising Cannabis
Topic Videos
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The positive returns from cutting food waste
14th February 2019
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UK Plastic bag charge set to be doubled to 10p
27th December 2018
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Externalities: Air pollution is the new tobacco
21st December 2018
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Chief Medical Officer calls for extended sugar and salt bans
21st December 2018
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Optimum “health tax” for meat calculated
8th November 2018
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Britain's 'unhealthiest' High Street revealed
2nd November 2018
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Fracking returns to the UK
16th October 2018
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Tourist Overload and Rational Choice Theory
24th August 2018
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Benefits and Costs of Economic Growth
Study Notes
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Externalities - the 4 Key Diagrams
Study Notes
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Positive Externalities
Study Notes
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Government Failure
Study Notes
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Economic Growth - Disadvantages
Study Notes
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Negative Externalities
Study Notes
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Thailand afflicted by mountains of electronic waste
1st July 2018
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Alcohol Consumption Rates in the UK - a quick quiz!
1st May 2018
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UK power generation shifting away from coal
20th April 2018
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Corporate responses to social issues
10th April 2018
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Nudging behaviour to save water
26th February 2018
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Congestion in UK cities - 'Ranking Activity'
6th February 2018
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Waitrose bans sale of energy drinks to under-16s
4th January 2018
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Plastic Planet - An Economic and Human Crisis
30th December 2017
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Externalities - What a photo!
11th December 2017
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Seven charts that explain the plastic pollution problem
10th December 2017
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Brazil’s contaminated river Doce
12th November 2017
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How will we deal with all of the world’s rubbish?
31st October 2017
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Government regulates stakes on fixed-odds machines
31st October 2017
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De-Merit Goods
Topic Videos
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How Junk Food is Transforming Brazil
21st September 2017
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What can be done about problem gambling?
1st September 2017
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Pollution breaches by farmers on the rise
23rd August 2017
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Rising Obesity in OECD Countries
13th August 2017
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Is work too easy? A new analysis on obesity
24th July 2017
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Travel Tax plan to fund better roads in the UK
16th July 2017
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Tackling 4 Million Deaths a Year from Air Pollution
19th April 2017
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Council votes to charge people to run in a local park
12th April 2016
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Does taxing people's rubbish work?
21st March 2016
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Beyond the Bike - photos of the week
18th March 2016
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Market failure and government intervention - revision resource
18th March 2016
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Air pollution may be harming your fantasy league ranking!
9th March 2016
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Economic damage of polluted waterways in Bangladesh
6th March 2016
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Brighton's Smart Sugar Initiative
2nd March 2016
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The power of drug cartels
5th February 2016
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Market Failure: 8 resources on Market Failure
18th January 2016
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Richard Branson on COP21 and Heathrow Airport (and possible conflicts!)
16th December 2015
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Flood defences and the Public Goods debate
7th January 2014
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Scotland introduces a minimum charge for plastic bags
21st October 2014
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E-waste in West Africa
7th November 2014
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Obesity - A Global Economic Issue
24th December 2014
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Russia consider vodka price caps
25th December 2014
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Mining for Polyhalite in a National Park
25th May 2015
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China struggles to limit environmental impact of growth
23rd July 2015
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Tobacco tax increase is urged
12th October 2015
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Costing the Earth
15th October 2015
