Menu_16_Feb_11 - v. Examples 3. Examples a. Who bears the...

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TODAY’S MENU: Wednesday 16 February 2011 I. BUSINESS A. Practice Problems 1. Chapter 8: 1, 3, 7-13, 16, 20 II. SUBSTANCE A. Incidence of taxation 1. Motivation 2. Tools a. Elasticity b. Economic surplus i. Consumer surplus ii. Producer surplus iii. Government revenue iv. Deadweight loss
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Unformatted text preview: v. Examples 3. Examples a. Who bears the burden of a tax? b. How is economic surplus affected? III. NEXT TIME A. Finish Chapter 8: Taxation and Government Intervention B. Begin Chapter 12: Production and Cost Analysis I...
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This note was uploaded on 05/12/2011 for the course ECON 2030 taught by Professor Bong during the Spring '07 term at LSU.

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