Topics
Global Public Bad
Global public bads are economic goods that have the following characteristics:
- Non-rival: Global public bads can be consumed by multiple people simultaneously without reducing their availability.
- Non-excludable: It is not possible to exclude non-payers from consuming the good.
- Global: The consequences of consuming the good affect people all around the world.
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IB Economics - Lack of Public Goods
Study Notes
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1.3.3 Public Goods (Edexcel)
Study Notes
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4.1.8.3 Public and Private Goods (AQA A Level Economics Teaching Powerpoint)
Teaching PowerPoints
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1.3.3 Public Goods (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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Market Failure - What are Global Public Bads
Study Notes