Lecture 23: Market Failures I: Externalities

Course Info

Instructor

Prof. Jonathan Gruber

Departments

Economics

As Taught In

Fall 2018

Level

Undergraduate

Topics

Social Science
- Economics
  - Microeconomics

Learning Resource Types

Lecture Videos

Problem Sets with Solutions

Exams with Solutions

Lecture Notes

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Lecture Videos

Description

This 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