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Describe and explain the characteristics, the economic features and provide a range of examples of public (common) goods. Analyze why public goods are generally overconsumed

Describe and explain the characteristics, the economic features and provide a range of examples of public (common) goods. Analyze why public goods are generally overconsumed and undervalued. Investigate policies that have been proposed and implemented in order to preserve, conserve and make public goods more sustainable. Draw conclusions and make recommendations from your investigation.

Terms to start your investigation: Market failure, free rider, anthropocentric, externalities, intertemporal choice, intergenerational equity and stewardship.

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