These YouTube clips help us to understand some of the ideas to do with Market Failure. Some of the ideas in the first clip are not needed for IGCSE understanding (adverse selection and moral panic).
1) General understanding of Market Failure
2) Negative Externalities Explained
Note this uses Marginal Costs and Marginal Benefits curves. Marginal [...]
From flickr.com. Uploaded on April 2, 2007 by SideLong
Before starting to understand Price Elasticity of Supply, it is worth recapping Price Elasticity of Demand. Click on the following link:
www.business2000.ie provides an interactive quiz on PED
This site introduces the main concepts of Price Elasticity of Supply:
Slideshow from http://www.econ.ucsb.edu
This site gives a useful overview of PES:
PES [...]
Uploaded on November 25, 2005 by mknobil Some rights reserved
Create a case-study document about the crisis in Darfur using the following resources:
1) The Guardian – Photo/Audio summary of the crisis.
2) Map-based interactive GIS to show the geographic situation.
3) An organisation called ARC show some possible solutions.
4) Geographyalltheway on the Sudan crisis
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