ATARMAxxing · WACE Year 11 Economics revision notes
Externalities
Microeconomics · Microeconomics
What this note covers
- Private decisions and spillover effects
- Negative externalities, models and welfare loss
- Positive spillovers and interpreting evidence
- Choosing and evaluating corrective policies
4 sections · 5 key terms & formulas · 4 common mistakes
Common questions
What does the WACE Year 11 Economics note "Externalities" cover?
This note has 4 sections on Externalities. It includes 5 key terms and formulas, plus 4 common mistakes. It covers 1, Microeconomics. The full section list is shown under “What this note covers”.
Is this WACE Year 11 Economics note free to read?
A sample section is free on the WACE Year 11 Economics hub. Full topic notes unlock with the Mastery Pack, one payment, no subscription.
Included in the WACE Year 11 Economics Mastery Pack
2 original practice exams with worked solutions, 16 revision notes, 160 practice questions and 192 flashcards.
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