Government intervention to reduce negative externalities

SubjectEconomics & Business YearYear 10 CurriculumAC v9.0 Time80

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Introduction

In this activity, students learn about negative externalities through a case study of petrol and electric cars. They work in pairs to investigate the ways that governments can minimise the environmental impacts of petrol and diesel cars by encouraging the consumption of electric cars.

Australian Curriculum or Syllabus

Achievement standard

By the end of Year 10, students analyse how economic indicators influence Australian Government decision-making. They explain ways that government intervenes to improve economic performance and living standards. They explain processes that businesses use to manage the workforce and improve productivity. They explain the importance of Australia’s superannuation system and its effect on consumer and financial decision-making. Students analyse factors that influence major consumer and financial decisions, and explain the short- and long-term effects of these decisions.

Students develop and modify a range of questions to investigate an economic and business issue. They locate, select and analyse relevant and reliable information and data from a range of sources. They interpret and analyse information and data to evaluate trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. They develop an evidence-based response to an economic and business issue. They evaluate a response, using appropriate criteria to decide on a course of action. Students use economic and business knowledge, concepts, and terms to develop descriptions, explanations and reasoned arguments that synthesise research findings.

Content descriptions

Economics and Business Knowledge and Understanding

The ways that government intervenes in the economy to improve economic performance and living standards within Australian society. (AC9HE10K02)

Factors that influence major consumer and financial decisions, and the short- and long-term consequences of these decisions. (AC9HE10K03)

Economics and Business Skills

Develop and modify questions to investigate a contemporary economic and business issue. (AC9HE10S01)

Locate, select and analyse information and data from a range of sources. (AC9HE10S02)

Interpret information and data, explaining economic and business issues, trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. (AC9HE10S03)

Create descriptions, explanations and arguments, using economic and business knowledge, concepts and terms that incorporate and acknowledge and research findings. (AC9HE10S05)

Student learning resources

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Explainer

Negative externalities and ways of reducing them

 
Investigation

Strategies to increase the pace of electric car uptake

Suggested activity sequence

This sequence is intended as a framework to be modified and adapted by teachers to suit the needs of a class group.

  1. Students read the explainer which has a number of questions to scaffold their reading.
  2. Use a grouping strategy to organise students into pairs.
  3. Pairs complete the investigation
  4. Invite students to share their blogs or the blogs they were sent.
  5. Students write a short statement (no more than 150 words) explaining factors that affect the type of car people choose to buy.