The Market for Kidney

Take a look at the powerpoint under Ch. 3, where you can find a clip from the Law and Order SVU (6:18 minutes) which show how the market for kidneys works (legal AND illegal), or find it here:

https://criticalcommons.org/Members/economicstube/clips/svukidneybrighter.wmvLinks to an external site.

TASKS:

1) Do you think there is a real market for Kidney in the United States? How about other countries that you may be familiar with?

2) Describe the demand and supply aspects of this market for Kidney. Look up the factors of both Demand and Supply from our textbook, powerpoint, or other sources.

3) How ethical or unethical is this problem?

4) Is this a problem of Microeconomics or Macroeconomics? Give your reasoning.