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IB Economics Topic 2.9 Market Failure - Public Goods Notes & Questions (SL/HL) | RevisionDojo

IB
2.9 Market Failure - Public Goods

IB Economics 2.9 Market Failure - Public Goods

IB Economics Topic 2.9 Market Failure - Public Goods (SL/HL) covers syllabus content. Use these notes, questionbank, videos, flashcards, and lessons to review the topic, practise exam questions, and move between notes, videos, flashcards, and lessons where available.

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What this topic covers

2.9.1 Public Goods

2.9.2 Government Intervention in Response to Public Goods

2.1 Demand

2.2 Supply

2.3 Competitive Market Equilibrium

2.4 Critique of the Maximizing Behaviour of Consumers and Producers (HL Only)

2.5 Elasticities of Demand

2.6 Elasticity of Supply

2.7 Role of Government in Microeconomics

2.8 Market Failure - Externalities, Common Pool Resources, Public Goods, Asymmetric Information

2.9 Market Failure - Public Goods

2.10 Market Failure - Asymmetric Information (HL Only)

2.11 Market Failure - Market Power (HL Only)

2.12 The Market’s Inability to Achieve Equity (HL Only)