An Introduction To Market Failure Externalities - Private and social costs - Market failure and externalities - Externalities and market failure - Negative consumption externalities - Positive externalities - Positive externalities and failure - Technological spillovers Government policies - correcting for externalities - Pollution taxes - Pollution regulation - Extending property rights - Marketable pollution permits - The climate change levy - Coase theorem - Landfill tax - Kyoto treaty - United Nations Convention - Marketable pollution permits: case Study with Questions - Alaskans face thaw - Climate Crisis: All Change in the UK Merit Goods De-merit Goods De-merit goods task Public Goods Indirect Taxes Subsidies Cost Benefit Analysis (CBA) Barriers to Entry Monopolies