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

Instructor Insights

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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