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\nEvaluating Government Regulation\n

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\nThe video evaluates government regulation in markets that contain externalities, with a focus on pollution as an example. The concept of deadweight loss is explained and compared to the benefits and drawbacks of regulation, such as...\nThe video evaluates government regulation in markets that contain externalities, with a focus on pollution as an example. The concept of deadweight loss is explained and compared to the benefits and drawbacks of regulation, such as identifying the right level of regulation and potential government failure. The role of imperfect information and firm efficiency is also discussed, along with alternative policies and different political viewpoints. The video concludes by discussing the enforcement mechanisms of regulation and how it could drive anti-competitive behavior.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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5:26
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
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Concepts

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economics, externalities, governments
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Additional Tags

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a-level, evaluation, micro, regulations, alternative policies, market failure, output, externality, market, policy, identify, firms, regulation, back, 50 days, enforced, forms, yesterday, good, impact, benefits, intervention, easy, places, level, fail, potentially, make, reduced, types, margins
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Evaluating Government Regulation\" href=\"/subscription/new\">\"Evaluating\n\n
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