Unit 14: Externalities

Jim’s Guide

For this unit you still have reading assigned from the textbook (see below).  But, instead of an extended “Jim’s Guide” comments here from me, I’m going to provide some links to posts I’ve made on my public economics blog, econproph.com, that deal with the topic of fairness and income distribution.  You need to read the following links:


Reading Guide – Assigned Readings

In addition to the Jim’s Guide (above), you should read and study in your Mandel Economics: The Basics textbook:

Chapter  19 – Economics of Energy, Environment, and Climate Change
Jim’s Comment: Read the entire chapter.

Practice Quiz

Click here for the Unit 14  practice quiz.  The practice quiz will open in a new tab/window.


No worksheet for this unit.

Closer Look


What’s Next?

In the next unit