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The market mechanism, market failure and government intervention in markets
To the students doing AQA A levels Economics this topic covers the entirety of markets ranging from all the ways market failure occurs (externalities, public goods, demerit and merit goods) to how to internalise and deal with the damages in order for the market to operate effectively either through government intervention (subsidies and taxes) to market forces tending to them. This comes with specific graphs for the externalities, subsidies, price ceilings and many more with detailed description...
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To the students doing AQA A levels Economics this topic covers the entirety of markets ranging from all the ways market failure occurs (externalities, public goods, demerit and merit goods) to how to internalise and deal with the damages in order for the market to operate effectively either through government intervention (subsidies and taxes) to market forces tending to them. This comes with specific graphs for the externalities, subsidies, price ceilings and many more with detailed description...