Externality - related articles and key terms

Related articles: Public good   Pollution   Market failure   Moral hazard   Pigovian tax   Environmental economics   Welfare economics   Supply and demand   Coase theorem   Tragedy of the commons   Milton Friedman   Network effect

Key terms: costs   benefit   externalities   pollution   curve   buying   welfare   vaccination   external costs   impose   social cost   societal   bees   marginal social   external benefits   quantity q   price p   inefficient   economists   beneficial   positive externality   logger   refuse   transaction   negative externality   costs and benefits   competitive market   third parties   smallpox   parties involved   society as a whole   private cost   pigovian tax   marginal private   coase theorem   better off   too little   free market   demand curve   moral hazard   take into account   nuclear waste   air pollution   marginal social benefit   market failure   marginal social cost   all parties involved   less than the marginal   government intervention   problem of externalities

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