Public Goods, Common Resources, and Externalities

Public Goods, Common Resources, and Externalities

本课程是 Microeconomics Principles 专项课程的一部分

位教师：Dr. José J. Vázquez-Cognet

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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

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授课语言：英语（English）

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In this course, we will discuss market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market is the problem.

This course we will be discussing market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market IS the problem.