Topics
Maximum price
A legally-imposed maximum price in a market that suppliers cannot exceed - in an attempt to prevent the market price from rising above a certain level. To be effective a maximum price has to be set below the free market price.
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Key Diagrams - Maximum Prices and Consumer Welfare
Topic Videos
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Maximum prices - Why rent control isn’t working in Sweden
27th August 2021
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Could a national maximum wage work?
11th January 2017
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Market Failure & Government Intervention (Revision Presentation)
Study Presentations
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Government Intervention - Maximum Prices
Study Presentations
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Price Volatility in Markets & Buffer Stock Schemes
Topic Videos
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Maximum Prices - Analysis
Topic Videos
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Executive Pay Caps - Evaluation (Labour Markets)
Topic Videos
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Maximum Prices - 2021 Revision Update
Study Notes
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Maximum Prices (Online Lesson)
Online Lessons
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Chinese government rations pork and sets maximum prices
12th November 2019
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Rent Controls - Analysis and Evaluation points
Topic Videos
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Economics of an Energy (Fuel) Price Cap
Study Notes
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Maximum Prices (Government Intervention)
Study Notes
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Consumer Surplus and Changing Prices
Topic Videos
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The Economics of School Holidays
26th May 2016
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Market failure and government intervention - revision resource
18th March 2016
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Russia consider vodka price caps
25th December 2014