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Decks in this class (10)
indirect tax
Analysis of indirect tax graph 8 ...,
Ways to evaluate indirect tax 2,
Links for evaluating ped 3
5
cards
regulation
Evaluate regulatory capture 1,
Analysis of regulation graph 2,
Global agreement para 3
5
cards
subsidies
Subsidies graph analysis 1,
Ped subsidy 2,
Difficult to set at right level 3
5
cards
direct state provision
Describe direct state provision g...,
Government failure and real resou...,
Market solutions always outperfor...
4
cards
minimum price
Describe minimum price graph 1,
May depend on ped paragraph 2,
Real resource opportunity cost pr...
4
cards
maximum price
Maximum price analysis 1,
Ped inelastic 2,
Possibility of regulatory capture 3
3
cards
price mechanism
Signalling function 1,
Rationing function 2,
Incentive function 3
4
cards
Externalities
Negative externality of production 1,
Negative externality of consumpti...,
Positive externality of production 3
4
cards
definitions/ other micro knowledge
Market failure 1,
Government failure 2,
Complete market failure analysis 3
5
cards
pollution permits
What is a pollution permit 1,
Advantages of permit 2,
Negatives of permits 3
3
cards
More about
economics chapter 5 micro
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