223 Slides on Externalities and Market Failure:
- Market Mechanism
- Free Market
- Why markets fail
- Meaning of Market Failure
- Externalities – Defining Externality
- Private and Social Costs
- Private and Social Benefits
- The Problem Created by Externalities
- Cost-Benefit Analysis (CBA)
- Spillover Effect
- Merit Goods, Demerit Goods, and Information Failure
- Value-Free Economics
- Moral Hazard
- Adverse Selection
- Public Goods
- Quasi-Public Goods
- Private Goods
- Excludable vs. Non-excludable Goods
- Rival vs. Non-rival Goods
- Government Intervention
- Regulation
- Price Controls and Price stabilization
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Considering the image on the overview of the resources was quite interesting I was very disappointed with the poor content. There are no images, and its boring.
Very poor content
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