Topics examined:
-Demand, supply and equilibrium
-Elasticity, Impact of government policies, including welfare analysis
-Public goods/common resources and externalities
-Impact of market structures on market outcomes
Diagrams must be done digitally, please do it in MS word format and I will change to PDF for submission. Word limit is 2000 but it should only require 1000 words or less to complete this paper. Thank you so much. The rest of the information is in the pre-exam info document.
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