MODULE 08: CSE PART 3, ELEMENTS 3.1-3.3

Module Description

Concepts and Topics: Protective and productive roles of government; Market failure: externalities; Market failure: monopoly; and Market failure: public goods

Using the corresponding slides 1-22 in Part 3: Economic Progress and the Role of Government PPTX or PDF, take notes while you:

Read

Read about Elements 3.1, 3.2, and 3.3; (p. 109-121 in the 3^rd edition of your Common Sense Economics textbook).

Common Sense Economics can be purchased in print and digital forms from a variety of retailers.

More details about course curriculum (including assignments, quizzes, and a free ebook) can be found at Certell. Other valuable resources can be found at commonsenseeconomics.com

WATCH

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Watch 3 content presentations:

Element 1

Element 2

Element 3

Watch 6 videos: (i) CSE Slice of Life 8 (8:34); (ii) CSE 3 Intro Milton Friedman on Donahue- Greed (2:49); (iii) CSE 3.1 Stossel Macro 11- Property rights and eminent domain (4:55); (iv) CSE 3.1 Stossel Macro 12- Is government too big? (5:28); (v) CSE 3.1 Learn Liberty- Externalities potato chip (5:13); and (vi) CSE 3.2 Stossel MECA 10- Political versus market choices (2:14).

LISTEN

Listen to and/or read this item: Not Yours To Give from the Life of Colonel David Crockett by Edward Ellis (Audio, 21:57).