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Lecture notes

Theme 1: 1.4.1a Government Intervention in Market and Taxes

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Excellent study tool to revise the Government Intervention in Market and Taxes 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 possible grade.

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Institution
PEARSON (PEARSON)
Module
Unit 1 - Introduction to markets and market failure

Content preview

This week, we will combine two aspects of the specifications which both tackle
government taxes and subsidies. You will first develop an understanding of how eac
these effect the market (1.2.9) before examining how they can be used as tools to c
market failure (1.4.1a).

From the 1.2.9 - Subsidies and
specification... Indirect Taxation

,From the 1.4 - Government
specification... Intervention

, How can the
government intervene
in markets to correct
market failure
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Peter Smith Edexcel A level Economics A Book 1
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  • 9781471830006
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Study Level
A/AS Level
Examinator
PEARSON (PEARSON)
Subject
Economics A
Unit
Unit 1 - Introduction to markets and market failure

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Uploaded on
May 26, 2021
Number of pages
24
Written in
2020/2021
Type
Lecture notes
Professor(s)
Mr. payne
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