Microeconomics| Price Ceiling| Price Floor| Controls on Prices| B.A(P)| SOL| NCWEB| GE| Mankiw Ch 6

Welcome to Lecture 1 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: https://drive.google.com/file/d/1gpL3... 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. Controls on Prices 1.1 Price Ceiling 1.2 Price Floor 2. Binding and Non Binding controls 3. Application of Price Ceiling: Effect of 1973 oil price increase on gasoline market 4. Application of Price Floor: Minimum Wage Laws in Labor Market 5. Conclusions and Alternative Policies For more videos on this lecture series: 1. Controls on Prices:    • Microeconomics| Price Ceiling| Price Floor...   ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ For more, Subscribe to our Youtube channel: https://www.youtube.com/channel/UCTmU... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Be a part of our facebook economics group:   / 37186.  . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ And Follow us on Facebook:   / beyondthecla.  . Instagram: beyond_the_classroom2017 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ For any special video requests/comments, write to us at beyondtheclassroom2017@gmail.com or fill the google form https://forms.gle/PQzkmZ4EjmfrMFoM8 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ beyondtheclassroom,beyond the classroom,sol 1 sem,sol microeonomics,ncwen microeconomics,b.a program microeconomics,mankiw ch 6,price controls,price ceiling and price floor,price ceiling,price floor,mankiw principles of economics,mankiw microeconomics,sol micro,micro price ceiling,supply demand and government policies,supply demand and government policies chapter 6,supply demand and government policies in hindi