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.
Public Goods, Common Resources, and Externalities
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Public Goods, Common Resources, and Externalities
This course is part of Microeconomics Principles Specialization
Instructor: Dr. José J. Vázquez-Cognet
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4.9
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Beginner level
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3 hours to complete
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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
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Assessments
1 assignment
Taught in English
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This course is part of the Microeconomics Principles Specialization
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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 assignment2 discussion prompts
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MA
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Reviewed on Jun 4, 2025
It was a very nice course catering very diversified content.
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Reviewed on Jul 24, 2024
The course was really helpful in providing a general knowledge of the economy and the market. The professor was also really talented.
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