State Interventions on Markets: Price Fixation and Taxation

This lecture discusses state interventions in markets, focusing on price fixation and taxation. It covers coercive and incentive measures used by states to influence price fixation. It also explains how taxation impacts price changes and tax burden distribution between producers and consumers. The lecture analyzes the change in welfare resulting from state interventions, comparing consumer and producer surplus. Additionally, it explores barriers to market entry, economies of scale, and the impact of monopolies on market dynamics.