Akademik Dersler - İçerik

able to explain the relationship between economic concepts with the concept of law
associate the concepts of fairness and equality with the economic efficiency
explain the relation between the fairness and equality and the Pareto optimality
explain the relation berween fairness and equality and the social welfare
able to evaluate the concept the first-best
explain the perfect competitive market and express the relationship between the market and the economic efficiency or the social welfare
able to explain the government failure (or non-market failure)
define the concepts such as the political myopia, the political external economies, the collective failure etc
explain the condition for the government failure (or non-market failure)
able to explain the second-best
express the regulation theory
discuss the regulation of imperfectly competitive markets
able to compare the government failure to the market failure