In this course, we will discuss market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market is the problem.
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Public Goods, Common Resources, and Externalities
This course is part of Microeconomics Principles Specialization
Taught in English
![Dr. José J. Vázquez-Cognet](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://coursera-instructor-photos.s3.amazonaws.com/a1/673acd4f6a4424b66d0d48e08a75aa/P13.jpg?auto=format%2Ccompress&dpr=1&w=75&h=75&fit=crop)
Instructor: Dr. José J. Vázquez-Cognet
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What you'll learn
Understanding Free Rider Problem: Develop knowledge of the free rider problem and its implications on goods and services in an economy.
Excludability and Rivalry: Learn how to classify a good based on its excludability and rivalry attributes.
Public Goods: Delve into the challenges associated with the provision of public goods and comprehend the reasons behind these difficulties.
Market Externalities: Identify different market externalities & recognize why markets typically struggle to address these externality issues
Skills you'll gain
Details to know
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July 2024
1 quiz
Course
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There is 1 module in this course
This course we will be discussing market failures. A market failure is a situation when the market does not do a good job of distributing resources among members of society. In fact, in all of these cases the market IS the problem.
What's included
13 videos1 reading1 quiz2 discussion prompts
Instructor
![Dr. José J. Vázquez-Cognet](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://coursera-instructor-photos.s3.amazonaws.com/a1/673acd4f6a4424b66d0d48e08a75aa/P13.jpg?auto=format%2Ccompress&dpr=1&w=75&h=75&fit=crop)
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