AQA A Level · 7136 · Paper 1: Markets and market failure
4.1.8.3 Public, Private and Quasi-public Goods
Also AQA AS 7135: 3.1.5.3
Everything you need for questions on public, private and quasi-public goods, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Two characteristics
- The free-rider problem
- Examples
- Calculations
- Classic question: should the government provide all public goods?
- The tragedy of the commons
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Light up the lane
- Sort the goods
- Technology and crowds
- Public goods trainer
- Who should provide public goods?
- Build the chain
- Exam practice
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