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Positive Externalities and Public Goods

18 Lessons 45 mins

Learn about positive externalities, public goods, and government policies to support innovation, human capital, research and development, and public health programs while exploring key concepts and examples of common resources and the “tragedy of the commons.”

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Tutorial Lessons

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Introduction to Positive Externalities and Public Goods

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2

Why the Private Sector Under Invests in Innovation

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The Positive Externalities of New Technology

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4

Why Invest in Human Capital?

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Other Examples of Positive Externalities

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6

Key Concepts and Summary

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Intellectual Property Rights

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8

Policy #1: Government Spending On Research and Development

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9

Policy #2: Tax Breaks For Research and Development

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10

Policy #3: Cooperative Research

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11

Key Concepts and Summary

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12

Public Goods

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13

The Definition of a Public Good

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14

The Free Rider Problem of Public Goods

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15

The Role of Government in Paying For Public Goods

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16

Common Resources and the “Tragedy of the Commons”

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17

Positive Externalities in Public Health Programs

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18

Key Concepts and Summary

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