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Market Failures Taxes And Subsidies Crash Course Economics

This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a ...

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So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene ...

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So, if economics is about choices and how we use our resources, econ probably has a lot to say about the environment, right? Right! In simple terms, pollution is ...

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Unit Playlist- https://www.youtube.com/playlist?list=PL71234D006E682C13&feature=iv&src_vid=8DuWQVDi9bQ&annotation_id=annotation_605575 A quick ...

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Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets ...

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This video describes 6 types of market failures in economics: (1) externalities (2) public goods (3) monopolies (4) incomplete markets (5) incomplete information ...

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A brief overview of some different types of Market Failures, and examples of each, before going into a more detailed look at Externalities (Episode 32) and Public ...

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In which Jacob and Adriene teach you about the evils of fiscal policy and stimulus. Well, maybe the policies aren't evil, but there is an evil lair involved. In this ...

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What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and ...

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Market failure occurs when freely functioning markets fail to allocate scarce resources in a way that optimises social welfare. This short introductory topic video ...

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What is a monopoly? It turns out, it's more than just a board game. It's a terrible, terrible economic practice in which giant corporations dominate markets and hurt ...

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Mr. Clifford's 60 second explanation of negative externalities (aka: spillover costs). Notice that there are two different supply curves. One is the marginal private ...

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What are externalities and what are the different kinds of costs? And what does this have to do with the rise of “superbugs"? This video is an introduction to ...

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This video is on Edexcel Unit 1 Micro economics Market failure - Externalities. This video looks at Negative externalities and taxes as a way to reduce external ...

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In which Adriene Hill and Jacob Clifford teach you about one of the fundamental economic ideas, supply and demand. What is supply and demand? Well, you'll ...

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We've been talking about the unavoidables recently. Last time, we covered Death. This time, it's taxes. So, what are taxes? Why do we pay taxes? What is all that ...

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Negative externalities are over-consumed/produced in free market due to third party effects not being taken into account by the free market. This short revision ...

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How much should you get paid for your job? Well, that depends on a lot of factors. Your skill set, the demand for the skills you have, and what other people are ...

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