Nicolamathew
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13 items
Edexcel A-Level Economics, Theme 1: Market Failure
A summary of:
- Negative and positive externalities with diagrams
- Merit and demerit goods
- Asymmetric information
- Information gaps
- Public goods
- Package deal
- • 2 items •
A summary of:
- Negative and positive externalities with diagrams
- Merit and demerit goods
- Asymmetric information
- Information gaps
- Public goods
Edexcel A-level Economics, Theme 1: Market Failure
A summary of: 
- Key definitions 
- Negative externalities of production and diagram 
- Positive externalities of consumption and diagram 
- Merit and demerit goods with diagrams 
- Asymmetric information with a diagram 
- Information gaps 
- How economists value externalities
- Package deal
- Summary
- • 9 pages •
A summary of: 
- Key definitions 
- Negative externalities of production and diagram 
- Positive externalities of consumption and diagram 
- Merit and demerit goods with diagrams 
- Asymmetric information with a diagram 
- Information gaps 
- How economists value externalities
Edexcel A-Level Economics, Theme 1: Market Failure - Public Goods
A summary of: 
- characteristics of public goods 
- free rider problem 
- Tragedy of the Commons 
- Advantages & disadvantages of state provision
- Package deal
- Summary
- • 4 pages •
A summary of: 
- characteristics of public goods 
- free rider problem 
- Tragedy of the Commons 
- Advantages & disadvantages of state provision
Edexcel A-Level Economics, Theme 1: The Economic Problem, Functions of Money and Specialisation
A summary of: 
- Economics as a social science 
- Functions of money 
- Assumptions and models 
- Factors of production & Economic agents 
- Specialisation and the Division of labour. 
- Types of economies
- Summary
- • 18 pages •
A summary of: 
- Economics as a social science 
- Functions of money 
- Assumptions and models 
- Factors of production & Economic agents 
- Specialisation and the Division of labour. 
- Types of economies
Edexcel A-Level Economics, Theme 1: Government Intervention and Failure
A summary of:
- Subsidies
- Price Controls
- State Provision
- Indirect taxes
- Tradeable pollution permits
- Regulation
- Information provision
- Government failure
- Package deal
- • 4 items •
- Edexcel A-level Economics, Theme 1: Government Intervention & Failure - state provision, information • Summary
- Edexcel A-Level Economics, Theme 1: Government Intervention and Failure - Indirect Taxes • Summary
- Edexcel A-Level Economics, Theme 1: Government Intervention and Failure - Government Failure • Summary
- Edexcel A-Level Economics, Theme 1: Government Intervention and Failure - Subsidies, Price Controls, Regulations • Summary
A summary of:
- Subsidies
- Price Controls
- State Provision
- Indirect taxes
- Tradeable pollution permits
- Regulation
- Information provision
- Government failure
Edexcel A-Level Economics, Theme 1: Government Intervention and Failure - Subsidies, Price Controls, Regulations
A summary of: 
- Subsidies with diagrams 
- Maximum and minimum prices 
- Regulations 
With pros and cons for all
- Package deal
- Summary
- • 7 pages •
A summary of: 
- Subsidies with diagrams 
- Maximum and minimum prices 
- Regulations 
With pros and cons for all
Edexcel A-Level Economics, Theme 1: Government Intervention and Failure - Government Failure
A summary of: 
- Causes of government failure 
- Diagrammatic analysis
- Package deal
- Summary
- • 3 pages •
A summary of: 
- Causes of government failure 
- Diagrammatic analysis
Edexcel A-Level Economics, Theme 1: Government Intervention and Failure - Indirect Taxes
A summary of: 
- Different types of indirect taxes 
- How indirect taxes can be used to correct negative externalities of production. 
- Advantages and disadvantages of using indirect taxes
- Package deal
- Summary
- • 7 pages •
A summary of: 
- Different types of indirect taxes 
- How indirect taxes can be used to correct negative externalities of production. 
- Advantages and disadvantages of using indirect taxes
Edexcel A-level Economics, Theme 1: Government Intervention & Failure - state provision, information
A summary of: 
- State Provision - diagrams, pros and cons. 
- Tradeable Pollution Permits - pros and cons, EU ETS 
- Info provision with diagram
- Package deal
- Summary
- • 13 pages •
A summary of: 
- State Provision - diagrams, pros and cons. 
- Tradeable Pollution Permits - pros and cons, EU ETS 
- Info provision with diagram
Edexcel A-Level Economics, Theme 1: How Markets Work - Rational and Irrational Decision-Making
A summary of: 
- Homo economicus and relevant assumptions 
- Behavioural economics
- Summary
- • 9 pages •
A summary of: 
- Homo economicus and relevant assumptions 
- Behavioural economics