Unit 1 - Introduction to markets and market failure
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Theme 1: 1.3.1 Market Failure
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Course
Unit 1 - Introduction to markets and market failure
Institution
PEARSON (PEARSON)
Book
Edexcel A level Economics A Book 1
Excellent study tool to revise the Market Failure section of the A-level Economics syllabus. This is tailored to the Edexcel specification but can also be used for other exam boards.
This is a relevant resource for both first-year and second-year students to revise or learn from and get the best...
Theme 1: 1.4.1e Other Methods of Government Interventions
Theme 1: 1.4.1d Pollution Permits
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A/AS Level
PEARSON (PEARSON)
Economics A
Unit 1 - Introduction to markets and market failure
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From the specification...
NB/ whilst we have mentioned both, we are not required to cover merit and demerit
goods although they are both examples of market failure. This is not a problem – all
knowledge is power.
1.3 - Market Failure
1.3.1 - Types of market failure
, What is meant by
market failure and
what are the
different types?
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