PPPM 280 Study Guide - Midterm Guide: Opportunity Cost, International Non-Governmental Organization

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Document Summary

Pppm 280 overview and study guide winter 2013: overview of np sector in u. s, four fundamental institutional types: family/household, business, government, Nonprofit associations/foundation: first three have core activities: household: home production, family care, govt: defense, rule of law, infrastructure, business: production of private goods, remaining activities are quasi-public or quasi-private; we will see future fluidity: Functions shift from for-profit to nonprofit to government, nonprofits may evolve to look more like business or government: legal definitions of nonprofits: 501(c)(3)s, 501(c)(4)s, private foundations vs. public. ), comparison with for-profit and govt activities: share of overall economy, theory: why we have a np sector, demand side theories: public goods, information asymmetry, heterogeneity theory, Replacement cost, opportunity cost, organizational value: motivations for volunteering, relationship between donations of time and money (complements vs. substitutes, social capital, definition, types (bridging, bonding, contributors to and effects of social capital, positive vs.