microeconomics article 2021

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Overfishing: Market Failure at its Best

BBC: Extinction: Freshwater fish in 'catastrophic' decline Article published: February 23,  2021 IB Economics syllabus: Microeconomics (market failure, common pool resources, sustainability) "A "catastrophic" decline in freshwater fish" is caused by the fact that all over the world they are a good (and sad) example of a common pool resource. This is because they [...]

By | 2021-03-20T16:59:22+00:00 March 20th, 2021|Micro|Comments Off on Overfishing: Market Failure at its Best

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