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Chapter 16: Public Choices, Public Goods, and Healthcare – Microeconomics Study Notes

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Public Goods: Demand Curve and Optimal Quantity

  • Percorso guidato
    Demand Curve of a Public Good
    08:18
  • Percorso guidato
    Demand Curve of a Private Good
    03:52

The Free Rider Problem and the Tragedy of the Commons

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    Tragedy of the Commons
    07:34
  • Percorso guidato
    Free Rider Problem
    06:11

Circular Flow Diagram

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    Households and Firms
    01:32
  • Percorso guidato
    The Circular Flow Diagram
    04:20

Externalities: Social Benefits and Social Costs

  • Percorso guidato
    Externalities on the Graph
    14:23
  • Percorso guidato
    Negative Externality and Positive Externality
    10:54