EC386: The government intervenes in the economy to correct different types of market failures: Public Economics Essay, NUI, Ireland
| University | National University of Ireland (NUI) |
| Subject | EC386: Public Economics |
The government intervenes in the economy to correct different types of market failures. In this essay, students should outline why the government intervenes in each of the areas of environment, national defense, health care, and social insurance. What type of market failure is the government attempting to correct by intervening in each of the areas, and why do they intervene? Why are the goods not provided by the private market? These questions should be addressed in the essay. The essay should include a minimum of five references. Students should use the Harvard referencing system.
