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What is Economic regulation? Why is the need of Economic regulation help felt?
Economic regulation is that form of application related to particular laws which are made by the Government due to specific reasons which are like as the remedy to the market failure or making a planning of the economy. It constitutes of requirements which government imposes on individuals and private firms for achieving the purposes of the Government. It comes in the form of cheap goods and services or protecting the firms from unfair trades and practices, offering safe work places and giving clean water or air.
Economic regulation is the best if way of the handling problem price discrimination. Every country is having some form of regulation on the economic; the study of Economic regulation is based on the same. Regulations are also related to the stock and securities market.
If anyone fails in meeting the regulations, it will result in penalties or fine. Government formulates Economic regulation for managing the various form of conflicts in the best possible manner. This form of Economics is quite complex in nature and solving its case studies often become difficult for a student, but online one can easily find the best Economic regulation homework answers.
A body of economic researcher is focussing on the regulation from past several years, and degree of consensus emerges on various propositions.
What are positive theories of the Economic regulation?
The formulation of this theory has been done to know why the regulations occur. It is based on the theories such as market power, interest groups, and Government opportunism.There are various conclusions which come by following this theory of Economic regulation.Student may have to do assignment and solving case studies on the basis of this theory.
- This theory helps the government in working on the information asymmetries.
- Every customer requires some sense of the protection when the competition in the market is not good or ineffective.
- If operator is looking for protection from its competitor.
- This theory also acts useful when the operator is looking for Government opportunism.
Another theory is a normative theory of Economic regulation that a student needs to understand.Students also have to do assignment related to this theory.
- This theory is based on encouraging any type of competition where ever it is found feasible.
- It helps in minimization of cost of asymmetries.
- Improvement in Economic efficiency with the help of price structures.
In depth understanding of all these theories will only be possible when the student takes proper assistance in dealing with basic concepts of Economic regulation, only then student able to deal effectively with Economic regulation homework answers.
Experts offer help on various topics:
- Doing of the market analysis
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- Market failure related Economic essays
- Public sector and firm essays
- Ceiling price numerical
- Cut off the price mathematical equation
- Tariff and trend analysis case study
- Assignment related to preparation of International Finance report
- Capital flow case study
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