What will i learn?
Curriculum for this course
5 Lessons
01:04:00 Hours
Market Failure 1
1 Lessons
00:15:00 Hours
- Market Failure 1 00:15:00
Market Failure 2
1 Lessons
00:15:00 Hours
- Market Failure 2 00:15:00
Market Failure 3
1 Lessons
00:15:00 Hours
- Market Failure 3 00:15:00
Market Failure 3
0 Lessons
00:00:00 Hours
Market Failure 4
1 Lessons
00:15:00 Hours
- Market Failure 4 00:15:00
Market Failure 5
1 Lessons
00:04:00 Hours
- Market Failure 5 00:04:00
Requirements
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Description
Market Failure
- Externalities: positive & negative
- Socially optimal equilibrium V.S. Market equilibrium
- Four categories of goods: private good, public good, common resource, club goods
- The tragedy of commons
- Free-rider problem
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- 153 Students
- 642 Courses
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