Associate Professor @TRUGaglardi @ThompsonRiversU #myTRU. Environmental Economist. Still waiting for my robot butler.
Oct 23, 2018 • 4 tweets • 2 min read
I know @Kevinmilligan will cringe, but I will tweet an example of a Carbon Tax with lump-sum "Rebate" at an Intermediate Microeconomics level (1/4)
(Note: this is mainly just me prepping an example for a future in which I teach Intermediate Micro) #teachecon
Suppose we have a consumer that only consumes 2 goods (or two groups of goods): 1. a carbon intensive good, y 2. a carbon neutral good, x
And the consumer has an income of I
(2/4)
