International Trade, Public Goods, and Externalities
About this course
This course empowers you to analyze the complexities of global markets, from the gains and losses of international trade to the impact of trade restrictions. You will learn to differentiate between public, private, and common resources, and explain how externalities cause market failures like the tragedy of the commons. This provides a critical framework for evaluating government policies and understanding some of today’s most pressing economic and environmental challenges.
67/100
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- 16/20
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What you'll learn
- analyze the implications of international trade
- differentiate between public, private, and common resources
- explain the concept of externalities and their role in market failures
Course objectives
- understand the impacts of trade restrictions
- evaluate government policies regarding international trade and externalities
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