Schweizerische Nationalbank
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Public goods
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Public goods

‘Market failure’

When everyone wants to consume and no one wants to pay.

The focus is on the problem of ‘free riding’ in connection with public goods, and how the problem can be solved via government financing or social norms.
  • The basics are outlined in the two-page text entitled ‘market failure’.
  • The task is divided into three blocks.

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Other languages
German, French, Italian
Prior knowledge of teacher
Easy-to-use
Lesson duration
1–2 lessons
Updated
26.04.2018

Keywords
Externalities, free riding, government, market failure, public goods, shortage, social norms

Latest change
26.04.2018: New knowledge sheet / worksheet and sample answers: new theme-based organisation of worksheet, new tasks 2, 6 and 7

Credits

Concept
iconomix

Design of printed material
clearbrand gmbh, Zurich

Translation & proofreading
SNB Language Services

Documents

Knowledge sheet
Knowledge sheet
     
Worksheet
Worksheet
     
Sample answers
Sample answers
     
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