Lecture 8: An Introduction to Taxes. Covers Chapter 7 of Krugman-Principles of Microeconomics. Specifically focuses on excise taxes and the graphical depiction of the tax wedge.

Excise Taxes

This course provides an introduction to microeconomics. Professor Hoynes lectures on markets, supply and demand, efficiency and equity. She also uses this basic framework to consider a host of real world applications including taxes, environmental policy, education and welfare programs.

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Excise Taxes

Excise Taxes