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Market Failure and Government Intervention in Markets

Public goods, private goods and quasi-public goods
Introduction to market failure

Economic efficiency and market failure slide set

How markets and prices allocates resources

The price mechanism slide set

Equilibrium market prices slide set

Public goods worksheet

Public goods and private goods slide set

Preparation task on market failure

Price mechanism worksheet

Equilibrium market prices worksheet

Merit and demerit goods
Positive and negative externalities in production and consumption. Merit and Demerit Goods

Positive externalities worksheet

Positive externalities slide set

Merit goods slide set

Negative externalities slide set

Demerit goods slide set

Negative externalities worksheet

Externalities Social Costs and Benefits slide set

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