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  • PEARSON (PEARSON)
  • Economics A
  • Unit 1 - Introduction to markets and market failure
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Theme 1: 1.3.1 Market Failure

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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 possible grade.

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PEARSON (PEARSON)
Course
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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Peter Smith Edexcel A level Economics A Book 1
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  • 9781471830006
  • 1

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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
13
Written in
2020/2021
Type
Class notes
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Mr. payne
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All classes

Subjects

  • a level economics
  • edexcel economics
  • economics
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