Скачать или смотреть Consumer Surplus: Measuring Economic Welfare and Value in Markets | Stratigem

How do we measure the benefits consumers gain from participating in markets? This video explores Consumer Surplus and Economic Welfare, a central concept in economics that helps quantify the value individuals receive beyond what they actually pay.

In this Stratigem Explainer, we break down consumer surplus as the difference between what consumers are willing to pay and the market price they pay. You’ll learn how this concept captures real economic welfare, explains why people value competitive markets, and shows how price changes affect overall well-being.

The video connects theory to real-world applications such as discounts, dynamic pricing, taxation, subsidies, and regulation. We examine how policies like price ceilings, tariffs, and monopolistic pricing redistribute surplus between consumers and producers—and sometimes destroy it altogether through deadweight loss.

We also explore how consumer surplus helps economists evaluate market efficiency, policy trade-offs, and welfare outcomes across different market structures. From everyday purchases to large-scale infrastructure and digital platforms, surplus analysis provides a consistent framework for comparing gains and losses.

This explainer is designed for students, professionals, entrepreneurs, and policymakers who want to understand how economics moves beyond prices to measure value and welfare. Consumer surplus reveals not just how markets function, but who truly benefits from them.

#ConsumerSurplus #EconomicWelfare #Microeconomics #MarketEfficiency #PublicPolicy #WelfareEconomics #Pricing #Economics #Stratigem

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