Classical Micro Economics and Government Intervention Classical economists suggested that markets function best without any government intervention.
Critically analyze the applicability and limitations of this suggestion. Things to include are; Effects on market structures, including monopoly, monopolistic competition, and oligopoly. Game theory. Asymmetric Information Externalities Public Goods tragedy of commons Into and conclusion This is a Microeconomics question and should only focus on the topics listed, not the macroeconomic issues. The field of the macroeconomics is organized into many different schools of thought, with differing views on how the markets and their participants operate.
