Price Controls: Mastering Price Controls, Navigating Government Interventions for Economic Insight

By Fouad Sabry

What is Price Controls

Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or to try to achieve a living wage. There are two primary forms of price control: a price ceiling, the maximum price that can be charged; and a price floor, the minimum price that can be charged. A well-known example of a price ceiling is rent control, which limits the increases that a landlord is permitted by government to charge for rent. A widely used price floor is minimum wage. Historically, price controls have often been imposed as part of a larger incomes policy package also employing wage controls and other regulatory elements.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Price controls

Chapter 2: Minimum wage

Chapter 3: Stagflation

Chapter 4: Inflation

Chapter 5: Rationing

Chapter 6: Effective demand

Chapter 7: Economics in One Lesson

Chapter 8: Incomes policy

Chapter 9: Labour power

Chapter 10: Price ceiling

Chapter 11: Price floor

Chapter 12: Balcerowicz Plan

Chapter 13: Shortage

Chapter 14: Buffer stock scheme

Chapter 15: General Maximum

Chapter 16: Excess supply

Chapter 17: Disequilibrium macroeconomics

Chapter 18: 1980s austerity policy in Romania

Chapter 19: Economic policy of the Nicolás Maduro administration

Chapter 20: Rent regulation

Chapter 21: SUNDDE

(II) Answering the public top questions about price controls.

(III) Real world examples for the usage of price controls in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Price Controls.

• Language: English
• Publisher: One Billion Knowledgeable
• Release date: Apr 7, 2024

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