12ECO: Types of Goods

1. Define the terms Excludable and Non-Excludable

2. Define the terms Rivalrous and Non- Rivalrous
3. Define the terms using the concepts of Rivalry and Excludability
i. Public Good
ii. Private Good
iii. Club Good
iv. Common Good
4. Explain using the idea of the Sixth Form Common Room as the example the
“Tragedy of the Commons” (Tragedy of the Common Room?)
5. Using the concepts of Rivalry and Excludability define the term Quasi Public
Good?

Evaluate the extent to which your chosen good is a public good or a Private good?
(25)

Hasan Folusho Aahan Maryam Ryan Praneel Josh P Josh C

Dominic Afifa Iman Robert Yousef Ciara Shama Basil

Premier The BBC Food The Sheik The NHS Mushrif Hatta
League Banks internet Zayed Park Wadi
Football Road Hub
Game at
Arsenal

OR
If you're feeling really really really in the zone/off the hook……

Let's go WAY beyond the syllabus.

Evaluate the extent as to whether the Amazon Rainforest can be considered a Global Public
Good? (25)

Sources:

https://nautilus.org/gps/applied-gps/global-public-goods/what-are-global-public-goods/
#:~:text=Global%20public%20goods%20are%20goods,global%20as%20opposed%20to
%20national.

https://www.keionline.org/book/globalpublicgoodstransnationalpublicgoodssomedefinitions

https://oxford.universitypressscholarship.com/view/10.1093/0195130529.001.0001/acprof-
9780195130522-chapter-1
 12ECO: Types of Goods

https://openknowledge.worldbank.org/handle/10986/16854?locale-attribute=es

https://www.researchgate.net/publication/289597357_Tropical_forests_-
_The_question_of_global_public_good_and_multilateral_economic_instruments_for_establishi
ng_an_international_regime

https://www.semanticscholar.org/paper/Valuing-Global-Public-Goods%3A-A-European-Delphi-
of-Navrud-Strand/4ae90ed62bd4b721a101c8808f06f6b94eb20e68