Episode Synopsis "The Welfare State"

Lecture 13: Covers Chapter 18 of Krugman's Principles of Microeconomics. A detailed analysis of the welfare state and the results of government welfare policy.

Listen "The Welfare State"

More episodes of the podcast Principles of Microeconomics, Winter 2013

• Markets, Supply and Demand
• S&D Shifters and Willingness to Pay
• Consumer Surplus and Producer Surplus
• Price Floors and Price Ceilings
• Elasticity
• Excise Taxes
• Economic Costs
• Market Externalities
• Market Externalities 2
• Public Goods
• The Welfare State
• Theory of the Firm
• Theory of the Firm 2
• Perfect Competition
• Monopolies