Tragedy of the Commons — Protecting Public Goods

Overview:

In this lesson, students will use their knowledge of public goods, externalities and regulation to think about the tragedy of the commons. In particular, students will take on the role of fisherman, looking at the trade-off between consumption and conservation. After several rounds of “fishing,” the class will discuss the role of regulation in protecting public goods.

NBEA Standard(s):
  • Economics, II. Economic Systems
  • Economics, VII. The Role Of Government

Lesson Plan Details:

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