Overview
Many important human activities take place in the community and are not mediated by the price mechanism through the market. People give to charities, donate blood, join environmental movements, engage in discussion on the internet that shape public opinions. This unit first discusses how community affects the provision of social … For more content click the Read More button below.
Offerings
S2-01-CLAYTON-ON-CAMPUS
Requisites
Prerequisite
Contacts
Chief Examiner(s)
Associate Professor Vai-Lam Mui
Learning outcomes
On successful completion of this unit, you should be able to:
1.
understand how community facilitates human interactions and have significant effects on social welfare
2.
critically consume the fast-growing literature that studies how social and economic incentives interact to shape community interactions
3.
develop a good understanding of the substitutability and complementarity between community, market, and government.