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Welfare Analysis of a Per-Unit Subsidy
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This video covers a difficult student task, performing a welfare analysis of a per-unit subsidy. We do welfare analyses to see the impact of economic policies on different groups (in this video those groups are the suppliers, demanders, and the government) as well as seeing the overall impact on society (the bottom right cell of the welfare table).
This video is made for 1st year college students or AP/IB Economics students. It focuses on foundational economic concepts.
This video is made for 1st year college students or AP/IB Economics students. It focuses on foundational economic concepts.
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