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http://hdl.handle.net/11718/7644| Title: | The Market for Electives |
| Authors: | Basant, Rakesh |
| Keywords: | Economics |
| Issue Date: | 18-Aug-2010 |
| Abstract: | The note uses the concept of demand and supply, of elective courses in a business school, to bring out the conditions under which market failures may take place, requiring institutional co-ordination and interventions. The case exemplifies how imperfections in access to information and foresight, absence of future markets and externalities can lead to sub-optimal "production" and "consumption" of `products', in this case electives. |
| URI: | http://hdl.handle.net/11718/7644 |
| Appears in Collections: | Cases and Notes |
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