Classification of goods and services

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Julia G.

London School of Economics & Political Science - MSc Finance

Supportive and enthusiastic tutor providing structured, exam-focused lessons tailored to each student.

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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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