Study Notes
Negative Externalities
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 2 Jul 2018
What are negative externalities?
Negative externalities occur when production and/or consumption impose external costs on third parties outside of the market for which no appropriate compensation is paid. This causes social costs to exceed private costs.
-
7
Revision Flashcards for A Level Economics Students
Resource Collection
Negative externalities from production
Negative consumption externalities
You might also like
Cost Benefit Analysis - Is it worth having kids?
8th March 2023
Renewables - Could floating solar farms survive out at sea?
11th January 2023
Economic Development - South Africa Turns to Solar to stop Power Cuts
29th November 2022
Environmental Economics - CO Emissions by Transport Mode
27th November 2022
Will the UK government cap renewable industry revenues?
12th October 2022
Negative externalities - UK nuclear waste cleanup operation could cost £260bn
25th September 2022