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Public Goods, Common Resources, and Externalities
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Public Goods, Common Resources, and Externalities

This course is part of Core Concepts of Microeconomics.

Course Cost

Free course

Beginner

Skill Level

3 Hours

Self-paced lessons

This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Microeconomics Principles Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.

What you'll learn

  • Analyze the free rider problem and its economic implications

  • Classify goods based on excludability and rivalry attributes

  • Understand challenges in public goods provision

  • Identify and evaluate market externalities

  • Explore solutions to common resource problems

  • Assess government interventions in market failures

Skills you'll gain

Microeconomics
Public Goods
Market Failures
Externalities
Economic Policy
Resource Management
Free Rider Problem
Common Resources
Market Analysis
Public Policy

This course includes:

1.6 Hours PreRecorded video

1 quiz

Access on Mobile, Tablet, Desktop

FullTime access

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There is 1 module in this course

This comprehensive course examines market failures in economic systems, focusing on situations where markets inefficiently distribute resources among society members. Students learn about public goods, common resources, and externalities, understanding how these factors affect market dynamics. The course covers crucial concepts like the free rider problem, excludability and rivalry in goods, and both positive and negative externalities. Through video lectures and practical examples, students explore various solutions to market failures, including private and governmental approaches.

Public Goods, Common Resources, and Externalities

Module 1 · 3 Hours to complete

Fee Structure

Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: Core Concepts of Microeconomics

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Faculties

These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.

Public Goods, Common Resources, and Externalities

Beginner

Skill Level

3 Hours

Self-paced lessons

Course Cost

Free course

Completion

CERTIFICATE

Frequently asked Questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.