Government Regulation of Markets
Exploring the reasons for and effects of government intervention in markets, including antitrust laws and consumer protection.
Key Questions
- Justify when government intervention in a market is necessary.
- Analyze the trade-offs between market efficiency and government regulation.
- Evaluate the effectiveness of specific government regulations in achieving their stated goals.
Common Core State Standards
Suggested Methodologies
Ready to teach this topic?
Generate a complete, classroom-ready active learning mission in seconds.
More in Fundamental Economic Concepts
Scarcity & Opportunity Cost
The fundamental economic problem that resources are limited while wants are unlimited.
3 methodologies
Economic Systems: Command vs. Market
Comparing how different societies answer the three basic economic questions: what, how, and for whom to produce.
3 methodologies
Supply, Demand, & Equilibrium
The mechanics of the price system and how markets reach a state of balance.
3 methodologies
Elasticity of Supply and Demand
Understanding how responsive quantity demanded or supplied is to changes in price, income, or other factors.
3 methodologies
Business Structures & Market Competition
From sole proprietorships to corporations, and from perfect competition to monopolies.
3 methodologies