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10th Grade - 12th Grade
Understanding Characteristics of Public Goods - Economic Principles - Market Dynamics
Interactive Video
10th Grade - 12th Grade
Social-studies
Study the characteristics of public and quasi-public goods, focusing on non-excludability and non-rivalry features. Understand how these elements influence the provision in markets and determine access for consumers. Analyze the implications these features have for economic efficiency and public policy.
11th Grade
Understanding Market Failures - Free Rider Problem & Tragedy of the Commons - Economic Interventions
Interactive Video
11th Grade
Social-studies
Investigate economic strategies that address market failures, including the free rider problem and the Tragedy of the Commons. Understand the nature of public goods and examine the role of government in mitigating these challenges. The focus is on gaining knowledge of effective interventions and the complexities of economic governance related to shared resources.