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Chapter 11 Market Intervention
Inspiring Video: Price floor
Skills Check‧Data interpreting: Demand-supply schedule and tax/subsidy
Skills Check‧Graph drawing: Indicating the change(s) in demand/supply curves under different types of market interventions
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Chapter 12 Market Structure
Flipped Classroom: Perfect competition
Skills Check‧Data interpreting: Market shares of firms
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Chapter 13 Efficiency, Equity and the Role of Government (I)
Inspiring Video: Effects of providing a per-unit subsidy
Flipped Classroom: Measurement of total social surplus
Skills Check‧Graph drawing: Indicating deadweight loss under different types of market interventions
Skills Check‧Data interpreting: Events/situations leading to the change(s) in the cost(s)/benefit(s) of consumers/producers/society
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Chapter 14 Efficiency, Equity and the Role of Government (II)
Flipped Classroom: The Lorenz curve
Skills Check‧Data interpreting: Comparing income equality using Lorenz curves
Skills Check‧Data interpreting: Comparing income equality using Gini coefficients
Skills Check‧Data interpreting: Gini coefficients and other variables