Public Goods and the Free Rider Problem
Students analyze the characteristics of public goods and the challenges of providing non-excludable goods.
Key Questions
- Differentiate between public goods, private goods, and common resources.
- Explain why the free market fails to provide sufficient public goods.
- Analyze the 'free rider' problem and its implications for public good provision.
National Curriculum Attainment Targets
Suggested Methodologies
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