Copyright 2000 Addison-Wesley Longman PART 1 ECONOMIC THEORY,CONCEPTS, AND METHODS.
McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 03 The Concept of Elasticity and Consumer and Producer.
C h a p t e r f o u r ARE 201 Hendrickson Economic Efficiency, Government Price Setting, and Taxes.
1 of 40 Economic Efficiency, Government Price Setting, and Taxes CHAPTER 4 Chapter Outline and Learning Objectives 4.1Consumer Surplus and Producer Surplus.
C h a p t e r f o u r © 2006 Prentice Hall Business Publishing Economics R. Glenn Hubbard, Anthony Patrick OBrien1 st ed. Prepared by: Fernando & Yvonn.
© 2013 Pearson Education, Inc. Publishing as Prentice Hall Economic Efficiency, Government Price Setting, and Taxes CHAPTER 4 Chapter Outline and Learning.
Applications of supply and demand Comparative statics and government policy.
2 of 40 © 2013 Pearson Education, Inc. Publishing as Prentice Hall Economic Efficiency, Government Price Setting, and Taxes CHAPTER 4 Chapter Outline.
Competition and the Market Productive Efficiency and Allocative (Economic) Efficiency.
1 Ch 10: Competitive Markets: Applications Often government intervene in markets, even perfectly competitive markets, for a variety of reasons Equity (instead.
© 2009 Prentice Hall Business Publishing Essentials of Economics Hubbard/OBrien, 2e. Fernando & Yvonn Quijano Prepared by: Chapter 4 Market Efficiency.
TARIFFS & QUOTAS. TARIFFS ---- MAINLY IMPOSED AS INDUSTRY PROTECTION SOME REVENUE GENERATING PURPOSES AS WELL IMPORT TARIFFTARIFF ON IMPORTED ITEMS ---
