1.3.3 Public goods & 1.3.4 Information gaps - Theme 1 Edexcel A Level Economics

1.3.3 Public goods & 1.3.4 Information gaps - Theme 1 Edexcel A Level Economics

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This lesson introduces learners to public goods, what they are with examples of them, we then consider the free rider problem and why the private sector doesn't offer public goods. We then look at information gaps and examples of how this could lead to market failure through witholding information and moral hazard.

 

Colourful, concise and engaging slides! 

 

Thank you