Lecture 23: Market Failures I: Externalities

Principles of Microeconomics Course

DescriptionThis lectures covers externalities, which are the costs or benefits that affect a party who did not choose to incur those costs or benefits. Other topics include government solutions and government policy. See Handout 23 for relevant graphs for this lecture. Instructor: Prof. Jonathan Gruber

Lessons in this module

Lecture 23: Market Failures I: Externalities start lesson