Public Goods, Common Resources, and Externalities
Completed by Jingyu Mao
November 18, 2024
3 hours (approximately)
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What you will learn
Understanding Free Rider Problem: Develop knowledge of the free rider problem and its implications on goods and services in an economy.
Excludability and Rivalry: Learn how to classify a good based on its excludability and rivalry attributes.
Public Goods: Delve into the challenges associated with the provision of public goods and comprehend the reasons behind these difficulties.
Market Externalities: Identify different market externalities & recognize why markets typically struggle to address these externality issues
Skills you will gain
- Category: Environment and Resource Management
- Category: Resource Allocation
- Category: Social Sciences
- Category: Supply And Demand
- Category: Resource Management
- Category: Public Policies
- Category: Economics
- Category: Socioeconomics
- Category: Tax
- Category: Environmental Issue
- Category: Market Analysis
- Category: Policy Analysis
