Wednesday, April 06, 2011

Unit 1: University education; a merit good?

Ch4 have this summary of a new report http://www.channel4.com/news/a-university-education-what-is-it-worth a) Define a merit good b) To what extent does university education match that definition? c) Does the free market for university education fail ion the economic sense? d) What, if any, actions should the government take in this market?

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