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1.3.3 Public goods
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Rivalry And Excludability

Rivalry And Excludability

Two-by-two economics matrix classifying goods by rivalry and excludability, with examples including national defence, sandwiches, fisheries, streaming and toll roads

A good is rival if one person's consumption reduces the amount available to others. It is excludable if non-payers can be prevented from consuming it.

1.3.3 Public goods Lesson

  1. A Level
  2. /Economics
  3. /1.3.3 Public goods

Step-by-step lessons covering Edexcel A A Level Economics 1.3.3 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.