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1.8.3 Public goods, private goods and quasi-public goods
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The Two Characteristics of Public Goods

The Two Characteristics of Public Goods

A public good is both non-rival and non-excludable in consumption. Non-rivalry means one person's consumption does not reduce the amount available to others.

1.8.3 Public goods, private goods and quasi-public goods Lesson

  1. A Level
  2. /Economics
  3. /1.8.3 Public goods, private goods and quasi-public goods

Step-by-step lessons covering AQA A Level Economics 1.8.3 Public goods, private goods and quasi-public goods for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.