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Principles of Microeconomics Course Content, Market Failure: Externalities and Public Goods, Market Failure: Externalities and Public Goods Resources

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Overview:
In this topic, students will be introduced to the concept of market failure and learn about its two prime examples, the presence of externalities and the provision of public goods. The concept of externalities will be explained through the use of examples such as environmental protection and technological innovation. The resources identified below also include a brief coverage of market efficiency, which would usually be covered elsewhere, if the instructor wishes to review.     
Subject:
Economics
Level:
Community College / Lower Division, College / Upper Division
Material Type:
Module
Provider:
Ohio Open Ed Collaborative
Date Added:
05/03/2019
License:
Creative Commons Attribution Non-Commercial Creative Commons Attribution Non-Commercial
Language:
English
Media Format:
Text/HTML

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