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Markets and the Economics of the Public Sector

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Markets and the Economics of the Public Sector

  • Explain why equilibrium of supply and demand is desirable.
  • Explain the following concepts using the concept of consumer and producer surplus:
    • Efficiency of markets
    • Costs of taxation
    • Benefits of international trade
  • Discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.
  • Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles.

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  • Title: Markets and the Economics of the Public Sector
  • Price: £ 99
  • Post Date: 2018-11-06T10:45:31+00:00
  • Category: Assignment
  • No Plagiarism Guarantee
  • 100% Custom Written

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Markets and the Economics of the Public Sector Markets and the Economics of the Public Sector
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