ECN 2110 Week 2 Discussion 3 | Baker College

ECN 2110 Week 2 Discussion 3 | Baker College

Price Controls

 

Why do economists consider price controls, including price floors (e.g., for agricultural products) and price ceilings (e.g., rent control) a bad idea?  

Use textbook and YouTube as references. Review prior posts to avoid repetition.  Choose subsequent questions in this thread. Posts must advance learning. Research topic before composing post. Interact with colleagues. Use references and your own words. Refer to Announcements on Engagement. Only 2 posts per thread will be counted. Participate in all threads.

Here’s a video that supplements the information from your text. 

 

Price Controls, Subsidies, and the Risks of Good Intentions: Crash Course Economics #20

 

 

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