Application: The Costs of Taxation

Slides:



Advertisements
Similar presentations
Psychology AS/A Level 10/12/ Why study Psychology? You will gain an insight into some of the key areas of psychology You will be expected to explore.
Advertisements

10/22/20141 Oligopoly Chapter Outline Markets with Only a Few Sellers Markets with Only a Few Sellers The Economics of Cooperation The Economics.
10/22/20141 Firms in Competitive Markets Chapter 14.
10/22/20141 International Trade and Exchange Rates Chapter 12.
10/22/20141 Ten Principles of Economics Chapter 1.
10/22/20141 Consumers, Producers, and the Efficiency of Markets Chapter 7.
10/22/20141 Supply, Demand, and Government Policies Chapter 6.
8 Application: The Costs of Taxation. CHAPTER 8 APPLICATION: THE COSTS OF TAXATION 2 The Effects of Taxation We saw in Chapter 6 how taxesChapter 6 –reduce.
Chapter 9 International Trade
Copyright©2004 South-Western 8 Application: The Costs of Taxation.
Chapter Application: The Costs of Taxation 8. The Deadweight Loss of Taxation Tax on a good – Levied on buyers Demand curve shifts downward by the size.
© 2007 Thomson South-Western, all rights reserved N. G R E G O R Y M A N K I W PowerPoint ® Slides by Ron Cronovich 8 P R I N C I P L E S O F F O U R T.
Application: The Costs of Taxation
Application: The Costs of Taxation Chapter 8 Copyright © 2004 by South-Western,a division of Thomson Learning.
Application: The Costs of Taxation Chapter 8 Figure 1 The Effects of a Tax Copyright © 2004 South-Western Size of tax Quantity 0 Price Price buyers pay.
© 2007 Thomson South-Western. Application: The Costs of Taxation Welfare economics is the study of how the allocation of resources affects economic well-
Copyright©2004 South-Western 8 Application: The Costs of Taxation.
In this chapter, look for the answers to these questions:
Copyright©2004 South-Western 8 Applications: The Costs of Taxation.
Application: The Costs of Taxation
Application: The Costs of Taxation
Consumer and Producer Surplus: Effects of Taxation
Principles of Micro Chapter 8: “Application: The Cost of Taxation” by Tanya Molodtsova, Fall 2005.
THE COSTS OF TAXATION MR. BARNETT UNIVERSITY HIGH AP MICROECONOMICS.
Principles of Microeconomics
Welfare Economics Consumer and Producer Surplus. Consumer Surplus How much are you willing to pay for a pair of jeans? As an individual consumer, you.
Consumer, Producer and Community Surplus How much would you be willing to pay for this? Or this?
Copyright©2004 South-Western 8 Application: The Costs of Taxation.
Application: The Costs of Taxation Chapter 8 Copyright © 2001 by Harcourt, Inc. All rights reserved. Requests for permission to make copies of any part.
Chapter 8 notes.
Chapter 8 The Costs of Taxation Ratna K. Shrestha.
Application: The Cost of Taxation
Copyright©2004 South-Western 8 Application: The Costs of Taxation.
Chapter 8 The Costs of Taxation. Objectives 1. Understand how taxes reduce consumer and producer surplus 2. Learn the causes and significance of the deadweight.
Lecture PowerPoint® Slides to accompany 1. Chapter 8 Application: the Costs of Taxation 2 Copyright © 2011 Nelson Education Limited.
MACROECONOMICS Application: The Costs of Taxation CHAPTER EIGHT 1.
Copyright © 2004 South-Western/Thomson Learning Happy Tuesday Take out your homework and please write the number of any question(s) that you would to go.
TAXATION The Effect of Taxation on Economic Welfare.
APPLICATIONS OF WELFARE ECONOMICS: THE COST OF TAXATION
Copyright © 2004 South-Western/Thomson Learning Application: The Costs of Taxation Welfare economicsWelfare economics is the study of how the allocation.
Copyright © 2006 Nelson, a division of Thomson Canada Ltd. 8 Application: The Costs of Taxation.
Copyright © 2004 South-Western/Thomson Learning Application: The Costs of Taxation Recall that welfare economicsRecall that welfare economics is the study.
Deadweight Loss Retained CS Tax Rev From CS Tax Rev From CS Retained PS.
The costs of taxation. Tax Usually taxes are collected because government wants to run the country. Some people believe that all taxation creates market.
Copyright © 2006 Thomson Learning 8 Application: The Costs of Taxation.
Chapter 8 Application: The Costs of Taxation. Review of Taxes Taxes raise revenue for gov’t & it comes out of someone’s pocket Both buyers & sellers are.
8 Application: The Costs of Taxation. Welfare economics Welfare economics is the study of how the allocation of resources affects economic well- being.
Application: The Costs of Taxation
Application: The Costs of Taxation
Principles of Microeconomics Module 2.4
Application: The Costs of Taxation
APPLICATION: THE COSTS OF TAXATION
Application: The Costs of Taxation
APPLICATION: THE COSTS OF TAXATION
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
Applications of Welfare
Application: The Costs of Taxation
Application: The Costs of Taxation
Application: The Costs of Taxation
© 2007 Thomson South-Western
Application: The Costs of Taxation
The Geometry of Economics: Welfare Analysis
Application: The Costs of Taxation
Presentation transcript:

Application: The Costs of Taxation Chapter 8 4/6/2017

Outline The Deadweight Loss (DWL) of Taxation The Determinants of the DWL DWL and Tax Revenue as Taxes Vary 4/6/2017

The Deadweight Loss (DWL) of Taxation How a tax affects market participants Welfare without a tax Welfare with a tax Changes in welfare DWL and the gains from trade 4/6/2017

The Determinants of the DWL Diagrams The DWL debate 4/6/2017

DWL and Tax Revenue as Taxes Vary Diagrams The Laffer curve and supply-side economics On the way to France 4/6/2017

See You! Take Care! 4/6/2017

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.