Negative externalities and ways of reducing them

SubjectNSW Commerce YearStage 5 Curriculum 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 increasing the uptake of electric cars.

Australian Curriculum or Syllabus

This activity contributes to the following outcomes.

A student:

  • applies consumer, financial, economic, business, legal, political and employment concepts and terminology in a variety of contexts COM5-1
  • analyses key factors affecting decisions COM5-4
  • evaluates options for solving problems and issues COM5-5
  • develops and implements plans designed to achieve goals COM5-6
  • researches and assesses information using a variety of sources COM5-7
  • explains information using a variety of forms COM5-8
  • works independently and collaboratively to meet individual and collective goals within specified timeframes COM5-9.

Related Stage 4 outcomes: COM4-1, COM4-4, COM4-5, COM4-6, COM4-7, COM4-8,COM4-9

Related Life Skills outcomes: COMLS-1, COMLS-2, COMLS-3, COMLS-4, COMLS-5,COMLS-6, COMLS-7, COMLS-8, COMLS-9, COMLS-10, COMLS-11, COMLS-12, COMLS-13

Content descriptions

Core 1: Consumer and financial decisions

Consumer and financial decisions

Students:

  • explain factors influencing consumer and financial decisions, for example advertising/marketing, age, convenience, culture, customer service, disposable income, environmental considerations and social media (ACHEK017, ACHEK053).

Core 2: The Economic and Business Environment

The nature of markets within the economy

Students:

  • examine the reasons for government intervention in the market, for example energy pricing, prevention of environmental degradation, conservation of natural resources.

Option 1: Our Economy

Current issues

Students:

  • investigate a contemporary global issue affecting a local economy in Australia, and analyse the selected issue in relation to causes, impacts on individuals and the economy, and government policy responses, for example:
    • environmental degradation.

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. The activity was written for students in Stage 5, however it can be modified to suit the needs of Stage 4 students and Life skills students.

  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