4.1.6: Interalizing a Negative Externality via a Per Unit Tax

Loading...
Eye
View Syllabus

Skills You'll Learn

Externality, Economics, Microeconomics, Market (Economics)

Reviews

4.8 (303 ratings)
  • 5 stars
    250 ratings
  • 4 stars
    42 ratings
  • 3 stars
    11 ratings
DV

Oct 24, 2018

Love how the videos were brief, but informative. Very helpful class and exams weren't overly complicated. In the end, I felt as though I retained much of the knowledge.

LE

Oct 21, 2016

Another fine course from Professor Stein. I particularly appreciated the final set of lectures, but all were well presented, understandable, and relevant.

From the lesson
Externalities + Public Goods
Two classic cases of market failure will be defined and explored: externalities and public goods. We will define each case, demonstrate why the market fails to provide the efficient outcome and suggest interventions through either marked design or regulation.

Taught By

  • Rebecca Stein

    Rebecca Stein

    Senior Lecturer

Explore our Catalog

Join for free and get personalized recommendations, updates and offers.