Learn about the economic implications of taxation in this 30-minute economics lecture that delves into how tax rates affect market efficiency and revenue generation. Examine the complex relationship between taxation levels and deadweight loss while exploring the philosophical concept of taxation as a cornerstone of civilized society. Part of NPTEL's 'Principles of Economics' course, this lecture offers certification opportunities recognized by Indian Universities under UGC and AICTE guidelines for course credits.
Consumer and Producer Surplus: Cost of Taxation and International Trade - Part 4
Overview
Syllabus
#19 Consumer & Producer Surplus | Cost of Taxation & International Trade | Part-4
Taught by
NPTEL-NOC IITM
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