Question: Go to the internet and find a news article that discusses a potential positive or negative externality. Summarize key points in your initial discussion post. Be sure to use the concepts and frameworks we are covering this week. For example, you may want to address what externality this regulation attempting to address? Is it a positive or negative externality? What is the current policy being used? Is there an alternative policy approach that may work better/worse (taxes or subsidies, for example) and why? How effective does the current policy appear to be working?
Reflection - the students also should include a paragraph in the initial response in their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.
Chapter 12: Environmental Protection and Negative Externalities
Chapter 13: Positive Externalities and Public Goods