Assignment: Externalities
Overview
For this assignment, you will explore the effect of externalities on an infrastructure.
Infrastructure is the basic physical and organizational structures and facilities (e.g., buildings, roads, and power supplies) needed for the operation of a society or enterprise. An example of an infrastructure is public transportation.
Write a 3-page paper that includes the following sections. format your paper using the Academic Paper Guidelines. Include 1 to 2 resources besides your textbook.
Introduction
1. Identify an infrastructure you would like to explore for this assignment.
2. Research how externalities impacted the development of your infrastructure – both positively and negatively
Action Items
1. 1-Defines externalities and demonstrates solid ability to accomplish the assignment.
2. Discusses a positive example of externality associated with the development of an infrastructure and demonstrates solid ability to accomplish the assignment.
Explain why
3. Discusses a negative example of externality associated with the development of an infrastructure and demonstrates solid ability to accomplish the assignment.
Explain why
4. Discusses how externalities relate to the willingness to pay (WTP) analysis and demonstrates solid ability to accomplish the assignment
Important note to remember when you write:1. Integrates established managerial economics principles into the discussion.
2. Synthesizes relevant information and materials to provide evidence of critical
thought which provides strong support to main ideas
3. Consistently uses supporting documentation that is properly referenced and cited.
4. – Considered holistically, the student demonstrates a proficient ability to write at
the graduate level.
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