Economics has a lighter side and we do it disservice by just focusing on the mathematical models and weighty issues it deals with. No wonder it is often called the ‘dismal science’.

So today we shall see a funny video highlighting externalities. I am sure you must have seen this video before.  However, this time you shall see it through the eyes of an economist! Tell me about your ‘aha’ moment!

Soon I will put up some serious videos on negative externalities.