Markets and Price Determination · Supply & Demand

Government Intervention in Markets

Evaluating the impact of taxes, subsidies, and price controls on market efficiency and equity.

Key Questions

  1. 1Who benefits and who bears the costs of a minimum wage policy?
  2. 2What unintended consequences arise from price ceilings in rental markets?
  3. 3How do subsidies alter the incentives for production and consumption?

MOE Syllabus Outcomes

MOE: Government Intervention in Markets - JC1
Level: JC 1
Subject: Economics
Unit: Markets and Price Determination
Period: Supply & Demand

Suggested Methodologies

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