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Consumer and producer surplus, market interventions, and international trade

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Demand curve as marginal benefit curveConsumer surplus introductionTotal consumer surplus as areaProducer surplusEquilibrium, allocative efficiency and total surplusLesson Overview: Consumer and Producer Surplus
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Rent control and deadweight lossMinimum wage and price floorsHow price controls reallocate surplusPrice ceilings and price floorsTaxation and dead weight lossExample breaking down tax incidencePercentage tax on hamburgersTaxes and perfectly inelastic demandTaxes and perfectly elastic demandEconomic efficiencyLesson Overview: Taxation and Deadweight Loss
Identify your areas for growth in these lessons:
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Changing equilibria from trade Trade and tariffsSample free response question (FRQ) on tariffs and trade