Reaching equilibrium
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Reaching equilibrium
ECN 220 Week 2 Discussion 1
Reaching equilibriumn. All U.S. states subsidize education for college students, mostly by charging below-cost tuition. Nearly free tuition is available in many European countries and Canada. Do you think the government should subsidize college education so that it can be provided with very low tuition? Or, should college education be allocated in a market system, in which prices are set by supply and demand? Provide your rationale.
ECN 220 Week 2 Discussion 2
Give two examples of actions taken by a company, government, or organization whose effect is to prevent specific markets from reaching equilibrium. What evidence of excess supply or excess demand can you cite in these examples?
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