Public Goods and Common Resources
A special case of an externality.
Group goods according to two characteristics:
1. how excludable is the good?
- This means, what is the cost of preventing someone from consuming the
good? If the cost is low, the good is
What is an externality ?
Why do externalities make market
outcomes inefficient ?
What are the public policies used to
solve the problems of externalities ?
How can people sometimes solve the
problems of externalities
Why do monopolies arise ?
Why is MR < P for a monopolist ?
How do monopolies choose their P and
How do monopolies affect the wellbeing of the society ?
What can the Government do about
What is Price D
(FIRMS IN COMPETITIVE MARKETS)
What is a perfectly competitive market ?
What is marginal revenue ? How is it
related to total and average revenue ?
How does a competitive firm determine
the quantity of good or service that
What are the market structures that lie
between perfect competition and
monopoly, and what are their
How do monopolistically-competitive
firms choose price and quantity ? Do
they earn ec
(DEMAND AND SUPPLY)
What are the factors that affect buyers demand
for goods ? And, the factors that affect sellers
supply of goods ?
How do supply and demand determine the price
of a good and the quantity sold ?
How do changes in
Coursework Assessment Pattern Form
Assessment and feedback are two of the most important aspects of the Universitys commitment to high quality
learning and teaching. As
Supply Chain Management
Insert document version showing unit code/location/your initials/date,
eg Statistics 160 on-campus, prepared by Jane Smith on Sep-21 w
Final Year Project Handbook 2015/16
MESSAGE FROM DR RUSSELL GERRARD, ASSOCIATE DEAN FOR THE UNDERGRADUATE
2. SOME HARD FACTS!
3. SOME FREQUENTLY
European Online Journal of Natural and Social Sciences 2013;
vol.2, No. 3(s), pp. 430-433 ISSN 1805-3602
Manipulation of stock price and its consequences
Bahram Moazeni1, Faride Asadollahi2
Allameh TabatabaI University, Tehran, Ir
Final Year Project
Workshop 1: Research Design &
Please note, this workshop is being recorded
via lecture capture
Link to follow
How does a lobby group influence political decisions in the US?
The Human Rights Campaign (HRC) is the largest LGBT civil rights advocacy group and
political lobbying organization in the United States.
HRC is an umbrel
More Than Food
Share your masterpiece! Tag your photos with #HelloFreshSnaps and share on
Youll be entered into our weekly photo contest!
Tiger Prawn Linguine with Chilli and Sun Dried Tomato
If this dish were a place,
Econ Journal Watch,
Volume 3, Number 3,
September 2006, pp 461-465.
Second Reply to Bergh
PETER H. LINDERT*
I AM PLEASED THAT IN HIS SECOND COMMENT ANDREAS BERGH
(2006b) has decided to try even harder to recur to the facts, and agrees
that on the key econ