Unit 2.4: Market Failure and the Role of GovernmentThis is a featured page

Click on a chapter to visit its wiki page:
Chapter 28 - Government and Market Failure: In this chapter you will learn:
  • How public goods are distinguished from private goods.
  • The method for determining the optimal quantity of a public good.
  • The basics of cost-benefit analysis.
  • About externalities (spillover costs and benefits) and the methods to remedy them.
  • How information failures can justify government interventions in some markets.

Chapter 29 - The Economics of Taxation: In this chapter you will learn:
  • The different tax philosophies and ways to distribute a nation's tax burden.
  • The principles relating to tax shifting, tax incidence, and efficiency losses from taxes.

Econ in the News - Unit 2.4 "Market Failure"

Latest page update: made by welkerjason , Aug 13 2008, 3:53 AM EDT (about this update About This Update welkerjason Edited by welkerjason

1 word added
1 word deleted

view changes

- complete history)
Keyword tags: None
More Info: links to this page
There are no threads for this page.  Be the first to start a new thread.