LEC 43: Optimal Provision of Public Goods and Bads-I

This lecture explains fundamentals of different types of goods, the characteristics of public goods and difference between pure public and pure private good and bad goods.
KEYWORDS: Public goods and bads; Private goods and bads; Merit goods; Non-excludable; Non-rival
Prof. S.P. Singh
Humanities and Social Sciences
IIT Roorkee

[nidahusainansari]

Can we write these notes for the answer of optimal condition of provision of local public goods?
Plz guide