Good markets obtain effectivity: maximizing whole surplus generated. However actual markets are imperfect. On this course we are going to discover a set of market imperfections to grasp why they fail and to discover doable cures together with as antitrust coverage, regulation, authorities intervention. Examples are taken from on a regular basis life, from items and providers that all of us buy and use. We’ll apply the speculation to present occasions and coverage debates by way of weekly workout routines. These will empower you to be an informed, important thinker who can perceive, analyze and consider market outcomes.
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