Lecture

Market Regulation: Tax and Price Effects

Description

This lecture discusses the impact of taxes on market equilibrium, analyzing how taxes affect prices, quantities, and welfare. It covers tax incidence, deadweight loss, and the difference between private and social costs. The lecture also explores how taxes can lead to market inefficiencies and distortions.

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Official source

https://mediaspace.epfl.ch/media/0_tsovyoee

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Ontological neighbourhood

Economics

Microeconomics: Economic systems

Macroeconomics: Markets

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