Abstract
A principles of economics course presents educators with an opportunity to connect with large numbers of students from diverse educational backgrounds and majors. This diversity, however, often makes it challenging for instructors to identify pedagogical examples that are relatable to the majority of their students. In this study, we present a timely and engaging example of a public good: Patreon music creations. Patreon is an Internet company that offers an outlet for musicians to share their YouTube-based music creations with their fans. We define and illustrate the characteristics that make these musical creations public goods, explaining also how fans willingly support these creations from a financial standpoint. This study provides educators with a unique real-world example that principles of economics students will find interesting, relatable, and educational.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.