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Classification of goods and services

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Jaisul N. 5.0 (4)

University College London - BSc Economics

Private Tutor with 7 Years Experience supporting A Level & GCSE students in Maths and Economics. UCL Economics Graduate (2.1)

£55 / hour
  • Graduate
Online Summer Refresher Courses – A Level Economics
Our three-day A Level Economics course (27-29th August) is now fully booked. If you would like to be added to the waitlist in case we open another group, please contact us. The course covers core Year 12 topics, and will help you sharpen your exam and essay technique, and return to school feeling fully prepared. Places on our other Summer Refresher Courses are still available!

The videos below are from the YouTube channel Enhance Tuition. Subscribe to keep up to date with the latest videos.

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Free goods, public goods and private goods

This video explores what is meant by the terms free goods, public goods, private goods and the ‘free rider problem’.

Merit goods, demerit goods and externalities

This video explains what merit and demerit goods are, why they are over or under consumed and briefly touches on positive and negative externalities. .

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