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2: Market Structures and Trade

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2: Market Structures and Trade

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2.1: The Role of Government
2.2: Concept- Water Distribution
2.3: Unit 2- Basic Understandings, Vocabulary, and Objectives
2.4: Supply and Demand
2.5: The Price System at Work
2.6: Prices as Signals
2.7: Importance of International Trade
2.8: Trade Deficits and Exchange Rates
2.9: Competition and Market Structures
2.10: Market Failures
2.11: Social Goals vs. Market Efficiency

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- 1.11: Economic Concepts and the Circular Flow Model
- 2.1: The Role of Government

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