Market Failure
Merit & Demerit Goods AS Economics Unit 1. Starter Discussion Should museums be free? Should all schooling be free? Should water be free? Should universities.
C HAPTER 7: E DUCATION ( AND POSITIVE EXTERNALITIES FROM C HAPTER 5)
A2 Economics. Aim: Understand government intervention in the market Objectives: Define government/market failure Explain the causes of market failure.
Chapter 8 Market and Government Failures. Copyright © 2005 Pearson Addison-Wesley. All rights reserved.8-2 Learning Objectives Distinguish between private.
