<body> <h2>Table of Contents: </h2> <h4>Select Slide or Start at the <a href="sld001.htm">beginning</a></h4> <ul> <li><a href="sld001.htm">Diagram: Profit-Max Q Occurs Where P=MC</a><br> <li><a href="sld002.htm">Marginal Social Cost</a><br> <li><a href="sld003.htm">Private MC is Competitive Firm's Supply Curve</a><br> <li><a href="sld004.htm">Private, External, and Social Costs</a><br> <li><a href="sld005.htm">Social and Private Cost-Based Supply Curves</a><br> <li><a href="sld006.htm">Markets Are Inefficient When There are Externalities</a><br> <li><a href="sld007.htm">Allowing Pollution = Producer/Consumer Subsidy</a><br> <li><a href="sld008.htm">Will Market Forces Resolve Pollution Problem?</a><br> <li><a href="sld009.htm">Pigouvian Taxes</a><br> <li><a href="sld010.htm">Role of Pigouvian Taxes</a><br> <li><a href="sld011.htm">Who Bears Burden of Pigouvian Tax?</a><br> <li><a href="sld012.htm">Source of Inefficiency</a><br> <li><a href="sld013.htm">More on the Source of Inefficiency</a><br> <li><a href="sld014.htm">Diagram: Markets and Negative Externalities</a><br> <li><a href="sld015.htm">Too Much Product is Produced When Pollution is a Byproduct</a><br> <li><a href="sld016.htm">Deadweight Loss</a><br> <li><a href="sld017.htm">Calculation of Deadweight Loss (Also See Diagram Above) </a><br> <li><a href="sld018.htm">Are External Costs Important?</a><br> </ul> </body>