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Fanning 2019
Introduction to Microeconomics
Chapter 06: Supply, Demand and Government policies
Inhalt: Chapter 6 identifies externalities, markets with incomplete competition and political pressure (market outcomes perceived as unfair) as cases in which governments may decide to impose price controls or taxation. It shows that such interference always results in market imbalances between quantities supplied and demanded or in reduced market size. As regards taxation, chapter 6 also discusses tax incidence and elasticities.
Stichwörter: Vortrag
Referent: Prof. Dr. Hiltgunt Fanning (Fachhochschule Stralsund)
Länge: 14.37 Minuten
  
Empfehlungen: Introduction to Microeconomics Chapter 05: Externalities >>> weiter
Introduction to Microeconomics Chapter 07: Public goods or Private goods? >>> weiter
  
 
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