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Essay Plans for Externalities as well as Supply and Demand £2.99   Add to cart

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Essay Plans for Externalities as well as Supply and Demand

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Bullet point plans for essays on the topics of Externalities (market failure) and Supply and Demand

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  • July 12, 2021
  • 1
  • 2019/2020
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vibhavpandey
Demand and Supply Essay Plan

Intro:

- Define Demand
- Define Supply
- Explain why demand and supply analysis is important irl (why topic is motivated?)
- Give real world examples

Main Body:

- Paragraph 1: Why D curve slopes -vely
- Paragraph 2: What factors shift Demand and why?
- Paragraph 3: Why S curve slopes +vely
- Pargraph 4: What factors shift supply and why?

Externality Essay Plan

Intro:

- Define externality
- Define specific externality e.g. NPE, PPE
- Give real world examples and why is topic important?

Main Body:

- Effect of externality on the market; welfare loss, not pareto optimal resource allocation,
(Diagram)
- How to solve market failure; pigovian tax, subsidy (Diagram)
- Drawbacks in how this method solves market failure

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