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Social Cost - Demystifying Economics Navigating the World of Social Cost - cover

Social Cost - Demystifying Economics Navigating the World of Social Cost

Fouad Sabry

Editorial: One Billion Knowledgeable

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Sinopsis

What is Social Cost
 
Social cost in neoclassical economics is the sum of the private costs resulting from a transaction and the costs imposed on the consumers as a consequence of being exposed to the transaction for which they are not compensated or charged. In other words, it is the sum of private and external costs. This might be applied to any number of economic problems: for example, social cost of carbon has been explored to better understand the costs of carbon emissions for proposed economic solutions such as a carbon tax.
 
How you will benefit
 
(I) Insights, and validations about the following topics:
 
Chapter 1: Social cost
 
Chapter 2: Microeconomics
 
Chapter 3: Monopoly
 
Chapter 4: Perfect competition
 
Chapter 5: Deadweight loss
 
Chapter 6: Free-rider problem
 
Chapter 7: Externality
 
Chapter 8: Market failure
 
Chapter 9: Social credit
 
Chapter 10: Profit maximization
 
Chapter 11: Cost
 
Chapter 12: Marginal cost
 
Chapter 13: Pigouvian tax
 
Chapter 14: Allocative efficiency
 
Chapter 15: Marginal revenue
 
Chapter 16: Shadow price
 
Chapter 17: Market distortion
 
Chapter 18: Profit (economics)
 
Chapter 19: Spillover (economics)
 
Chapter 20: Economics of science
 
Chapter 21: Stock exchange
 
(II) Answering the public top questions about social cost.
 
(III) Real world examples for the usage of social cost in many fields.
 
Who this book is for
 
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Social Cost.
Disponible desde: 15/04/2024.
Longitud de impresión: 290 páginas.

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