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38. Price Ceilings and Price Floors

In this video, I demonstrate how to analyze the effects of price ceilings and price floors (at a basic level). I also discuss the welfare implications and deadweight loss from price restrictions. For a list of videos and links to these videos (organized by topic), check out the Intromediate Microeconomics video web page: http://blog.thisyoungeconomist.com/p/learn-microeconomics.html This video goes along with my textbook, "Intromediate Microeconomics," which is available for purchase ($18 for an E-book with solutions) at: http://www.lulu.com/cookson
Length: 09:01

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