'Social mc' presentation slideshows

Externalities

Externalities. Today: Markets without ownership usually lead to inefficient outcomes. Market failures. Previously Monopolies Cartels Today: Ending Unit 4 Externalities Next week: Beginning Unit 5 Applications of externalities. Today. Externalities Inefficiencies without regulation

324 views • 32 slides

Externalities

Externalities. Today: Markets without ownership usually lead to inefficient outcomes. Today. Externalities Inefficiencies without regulation The Coase theorem Optimal amount of externalities Some ways to reach more efficient solutions when externalities are present Examples.

312 views • 30 slides

CHAPTER 3

CHAPTER 3. TOOLS OF NORMATIVE ANALYSIS. Economic Analysis. Positive Analysis Analysis Based on Fact Normative Analysis Analysis Based on Judgment. Welfare Economics. Welfare Economics branch of economic theory concerned with the social desirability of alternative economic states

421 views • 26 slides

Autos in Econ 331b

333 views • 21 slides