ExternalitiesCosts and benefits that fall on people outside the transaction.EconomicsNegative externalityCost imposed on third partiesPollution, congestion, noiseSocial cost exceeds private costMarket over-producesTax or regulate to correctPositive externalityBenefit received by third partiesVaccination, education, researchSocial benefit exceeds privatebenefitMarket under-producesSubsidise to correctTHE DIFFERENCE THAT MATTERSThe correction aims to make the decision-maker face the full socialcost or benefit of their choice.Coase argued that with clear property rights and low bargaining costs,parties can resolve externalities without a regulator.Externalitieslearnposters.com
Externalities — printable business wall chart from LearnPosters. Free vector PDF, US Letter and A4.

What’s on the Externalities poster

Negative externality against Positive externality, side by side.

Coase argued that with clear property rights and low bargaining costs, parties can resolve externalities without a regulator.

Questions about the Externalities poster

What’s on the Externalities poster?
Negative externality against Positive externality, side by side. Negative externality: Cost imposed on third parties; Negative externality: Pollution, congestion, noise; Negative externality: Social cost exceeds private cost; Negative externality: Market over-produces; Negative externality: Tax or regulate to correct; Positive externality: Benefit received by third parties; Positive externality: Vaccination, education, research; Positive externality: Social benefit exceeds private benefit; Positive externality: Market under-produces; Positive externality: Subsidise to correct; The correction aims to make the decision-maker face the full social cost or benefit o…. Coase argued that with clear property rights and low bargaining costs, parties can resolve externalities without a regulator.
Who is the Externalities poster for?
Externalities belongs to the Economics section rather than to a school year, because business is not something one grade owns. Anyone learning microeconomics can pin it up — a beginner, a student mid-course, or someone revising years later.
When should you use the Externalities poster?
The market price omits them, so the quantity traded is wrong. A wall chart earns its place by being glanceable from where the work is happening, so Externalities belongs on the wall where that business work actually happens, within glancing distance, rather than filed away.
What other posters go with Externalities?
Market Failure, Firm Objectives and Consumer Choice sit alongside Externalities in the Economics section. Printed together they make a wall rather than a single sheet, which is how a reference set actually gets used.Market FailureFirm ObjectivesConsumer Choice
Is the Externalities poster free to download and print?
Yes. Externalities downloads as a free PDF with no account, no email and no watermark, like everything else in the Economics section. Print as many copies as you like for a home, a classroom, a library or a tutoring group; reselling the file is the only thing the licence rules out.Read the licence
What size does the Externalities poster print at?
Externalities is a vector PDF laid out for US Letter, and prints on A4 with Fit to page — the same file, no separate download. Because every mark on it is drawn rather than photographed, it stays sharp enlarged to A3, A2 or A1 at a copy shop. Colour carries emphasis only, so a greyscale print of Externalities loses nothing.Printing guide

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