2.5.1 Understanding How Price Controls Damage Markets 9:38 [MyNotes] 2.5.2 Understanding the Problem of Minimum Wages in Labor Markets 14:47 [MyNotes] Determining the Effects of Price Ceilings and Price Floors (econclassroom.com 12:04)
EconMovies 7: Anchorman (Efficiency and Market Failures) 8.4.1 Defining Externalities 5:46 [MyNotes] 8.4.2 Explaining How to Internalize External Costs (Negative Externalities) 11:58 [MyNotes] 8.5.1 Finding a Market Solution to External Costs 12:21 [MyNotes] Negative Externalities of Production (econclassroom.com 13:02) 8.5.2 Finding a Negotiated Settlement to an External Cost -- the Coase Theorem 12:45 [MyNotes] 8.5.3 Applying the Coase Theorem 7:02 [ [MyNotes]