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Welcome to Lecture 2 of the online lecture series on Microeconomics I typically offered as a core paper to B.A.(P)/ SOL/ NCWEB students in their first semester and is also offered as a Generic Elective Economics
The textbook used in this video can be found here: drive.google.c...
We are referring to chapter 6 on Supply, Demand and Government Policies from the book by N. Gregory Mankiw Principles of Microeconomics I 6th edition
In this lecture, we discuss the following topics:
1. Taxes
II. Tax Incidence
III. Tax on Sellers
IV. Tax on Buyers
V. Who controls the Tax Burden?
VI. Elasticity and Tax Burden
(i) Concept of Tax Wedge
For more videos on this lecture series:
1.Controls on Prices: • Microeconomics| Price ...
2.Taxes: • Microeconomics|Tax on ...
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