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Part 2: Microeconomic Foundations

This part provides a refresher on the microeconomic foundations that are required for use in CBA. This part covers:

(1) Demand, supply and market equilibrium

(2) Social surpluses

(3) The role of government surplus from interventions

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Social Cost Benefit Analysis and Economic Evaluation Copyright © 2022 by The University of Queensland is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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