Lesson 13 - Government Failure: Using Public Choice Theory to Analyze Political Decisions
The students are introduced to the basics of public choice analysis by reference to two examples of government failure. They participate in mock elections and analyze the impact of special interest groups on legislators. They examine the costs of voting and assess those costs as disincentives that might discourage people from obtaining information before voting, or from voting at all. Finally, they examine the concept of log-rolling by roleplaying U.S. senators who are considering whether or not to support a particular bill.
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Glossary of Terms and Concepts
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Lesson 13 Visuals
Lesson 13 Activities
Standards in Economics