'Msc msb' diaporamas de présentation

Efficient Markets and Government

581 views • 46 slides

January study guide

January study guide. By Namtae Lee . KEY WORDS. Market failure: is any situation where the allocation of resources by free market is not efficient. Externality: is a transaction where a third party experiences a loss or benefit as a result of the transaction.

433 views • 43 slides

Chapter 5: Economics of Crime

Chapter 5: Economics of Crime . Underground Economy. G.D.P. does not include the value of illegal goods & services because they are not supposed to be produced In 1990, $246 billion illegal goods & services were sold in the market. Sources of Illegal income.

404 views • 14 slides

Ch 13 - Environmental Protection

Ch 13 - Environmental Protection. The use of solar energy has not been opened up because the oil industry does not own the sun. Ralph Nader. Market Failure: External Costs. People tend to maximize their personal welfare, balancing private benefit against private cost.

270 views • 10 slides

AP Economics

AP Economics. Mr. Bernstein Module 74: Introduction to Externalities January 15, 2014. AP Economics Mr. Bernstein. The Economics of Pollution Environmentalists argue unregulated electricity producers overpollute because they do not consider harmful effects

153 views • 6 slides