Microeconomics|Tax on Buyers & Sellers| Tax Incidence & Burden| Mankiw Ch 6| B.A.(P)/SOL/NCWEB I Sem

Welcome to Lecture 2 of the online lecture series on Microeconomics I typically offered as a core paper to B.A.(P)/ SOL/ NCWEB students in their first semester and is also offered as a Generic Elective Economics
The textbook used in this video can be found here: drive.google.c...
We are referring to chapter 6 on Supply, Demand and Government Policies from the book by N. Gregory Mankiw Principles of Microeconomics I 6th edition
In this lecture, we discuss the following topics:
1. Taxes
II. Tax Incidence
III. Tax on Sellers
IV. Tax on Buyers
V. Who controls the Tax Burden?
VI. Elasticity and Tax Burden
(i) Concept of Tax Wedge
For more videos on this lecture series:
1.Controls on Prices: • Microeconomics| Price ...
2.Taxes: • Microeconomics|Tax on ...
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[@BeyondtheClassroom]

Watch all the lectures of MICROECONOMICS (Playlist): kzbin.info/aero/PLQ6H-ehJcYK5w9u7hqzwLViq6h7aJ4qb4 Full course description: www.beyondtheclassroom.co.in/2022/01/course-description-microeconomics.html

[@soniyameena3842]

This is very helpful 👌....plz keep going and complete the series 👍🙏

[@Namrata271]

Frm where u r reading notes ??

[@sumitpawankumar585]

the explanation was really nice and ma'am u made this concept as easy as it can be. thank you very much😇

[@Muskan_Sharma-vd5xe]

Nice explanation ❤

[@meitkaushal733]

Thank you so much ma'am for such a detailed lecture on this topic ! ❤

[@LordGod-yl8bi]

Mam , please Unit 4 ( Individual decision and interaction ki videos daldo) games of strategy. Exam ko bs 4 din Bache🥺🥺

[@lakshayyadav6467]

literally gem explanation...

[@riyavishwakarma7450]

This lecture is really helpful , Mam.

[@mohul_02]

Excellent videos😊

[@mehaksethia5267]

Very helpful!

[@oindriladas]

mam you are life saverrrrrrrr for meeeeeeeeeeeeeeee

[@abhishekpandey4930]

thank you madam...

[@Sangita90928]

Thanks you ma'am

[@sayra3002]

Thnq thnq mam

[@desiqueen695]

Ye elastic nd tax wala concept smjh nhi Aya pls make new video of it with case studyyy

[@Namrata271]

Madam notes.bhi provide kara do in chapters ke.

[@Dest_iny13]

Ma'am...if we take membership then we will get complete chapters study material including mme nd micro ....??

[@BeyondtheClassroom]

Yes

[@shimorikichishorts8302]

Make videos on monopoly

[@pranavbhardwaj7504]

Mam how you got 3.3 as new equilibrium price ? Tax was 0.5 and supply curve shifted with same amt then will it not be 3.5 OR the new equilibrium price can come any desired value. PLEASE HELP

[@BeyondtheClassroom]

The supply curve shifts by the amount of tax i.e 0.5 and this shift creates a wedge between supply and demand curve by the same amount . Note that although the effective price is 3.3, the difference between the price sellers receive and the price buyers pay is 0.5

[@pranavbhardwaj7504]

@@BeyondtheClassroom so the new equilibrium can be of any amount but more than previous equilibrium price?

[@BeyondtheClassroom]

@@pranavbhardwaj7504 yes. It depends on the elasticity of the two curves. Also the difference between thd effective price of the buyer and the seller has to be equal to the amount of tax

[@TausheefZaman]

Could u please upload chapter 4 and 5 of mankew i.e. market forces of supply and demand & elasticity and it's applications please 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@swapnamaysen8937]

Apka monthly income kitna hain from youtube?

[@Rambhakt_Ram]

Bta digiye please mam

[@Rambhakt_Ram]

Mam startike chapters khnha milenge

[@Rambhakt_Ram]

Videos bnaye hai ya nhi

[@BeyondtheClassroom]

@@Rambhakt_Ram Videos from Ch 6 onwards will be published

[@sumitpawankumar585]

@@BeyondtheClassroom ma'am please try to publish more videos if possible.😇

[@kuldeepdussad3621]

Mam can you you send me image of this book? On same my whatsapp no.?

[@mohul_02]

Excellent videos😊