This PPT (71 slides) provides the teacher an aid to assist them during classes when teaching about market failures. Its progression starts with the definition of a market failure, what are externalities (Negative and positive production and consumption externalities) ,policies to correct them, public goods.
This PPT was created using as source the Ellie Tragakes IB Economics book.
Tragakes, E. (2012), Economics for the IB Diploma second edition ,Cambridge UK, University Printing House
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£6.00