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Classification of goods and services

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Dominic C. 5.0 (3)

University of Edinburgh - MA Economics and Politics

Available for one-off or weekly lessons to prepare for upcoming exams.

£40 / hour
    Approaching end of year exams? Keen to recap everything you learnt in Year 12? Check out our 2-day online AS-level Economics Recap Course on 25-26th May. Book now!

    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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