From Public to Private — Non-excludable, Non-rival Goods
Submitted By:Michael Ryan Moore, University of Pennsylvania, GSE
Date:November 6, 2011
Grade Level(s):9, 10, 11, 12
During this lesson, students will learn about public and private goods. First, students are introduced to the economic terms rivalry and excludability, classifying examples of each. Next, students will think about public goods through the article “Raising the Bar: The Role of ‘Social Information’ in Charitable Giving.” Finally, based on their reading, students will create business plans for one specific public good: namely, public radio.