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Chapter 11 Market Intervention
Data interpreting: Demand-supply schedule and tax/subsidy
Graph drawing: Indicating the change(s) in demand/supply curves under different types of market interventions
Maths Skills Developing: Ratio of Es to Ed: sharing of tax burden/subsidy
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Chapter 12 Market Structure
Data interpreting: Market shares of firms
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Chapter 13 Efficiency, Equity and the Role of Government (I)
Graph drawing: Indicating deadweight loss under different types of market interventions
Data interpreting: Events/situations leading to the change(s) in the cost(s)/benefit(s) of consumers/producers/society
Maths Skills Developing: Areas of common shapes: consumer/producer/total social surplus and deadweight loss
Abbreviations Using
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Chapter 14 Efficiency, Equity and the Role of Government (II)
Data interpreting: Comparing income equality using Lorenz curves
Data interpreting: Comparing income equality using Gini coefficients
Data interpreting: Gini coefficients and other variables