This helps students understand the complexity behind finding global solutions to climate change.
It focuses on using basic economic principles to help preserve the environment.
Prerequisites
Economic terms and concepts in the video include the tragedy of the commons, negative externality, market failure, and cap-and-trade.
Students should have a basic understanding of climate change and other environmental issues.
Differentiation & Implementation
Teachers can use this video as a basis for students to present or debate different economic solutions to climate change.
As the video states, many different approaches will be required to solve this global issue. Consider having students develop an economic solution presented in the video that incorporates conservation solutions and individual actions as well.