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Unit 6: Market failure and the role of government
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What are some of the ways that government policies impact markets? Explore how government regulation seeks to efficiently allocate resources and to prevent market failures from occurring, and learn how we can study the effectiveness of government policies such as subsidies, taxes, quality control, and public provision of goods and services.
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- Socially efficient and inefficient market outcomesGet 3 of 4 questions to level up!
Practice
- Externalities: Foundational conceptsGet 3 of 4 questions to level up!
- ExternalitiesGet 3 of 4 questions to level up!
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- Public and private goodsGet 3 of 4 questions to level up!
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- InequalityGet 3 of 4 questions to level up!
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