IB Economics HL 2.9.2 Government Responses to Public Goods Questions

Practise IB Economics HL 2.9.2 by evaluating government provision of public goods, free-rider problems, alternatives, opportunity costs and stakeholder consequences with marked evidence.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • Explain why direct government provision can overcome free-rider problems and market failure for public goods.
  • Evaluate whether public goods should always be directly provided by government, including possible alternatives.
  • Discuss opportunity costs, measurement difficulties and stakeholder consequences of public-good provision.
  • Use PPF or market-failure diagrams, real-world examples and evaluation to support conclusions.

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